Geschäftsbericht / Annual report 2007

Annual Report 07 - "Internationalization"
Sal. Oppenheim is the largest independent private bank in Europe. The
realignment of the group into an international integrated asset management
and investment bank reached its pinnacle with the relocation of headquarters
from Cologne to Luxembourg in 2007. An appropriate presentation of the
prospects offered by this international realignment under the title
"Internationalization" was an important consideration for the annual report.
Consciously representing the subject aesthetically as well as substantively
demonstrates the attitude of the Cologne-based private bank.