Dresdner Bank
In 2006, under the management of Klaus-Peter Müller, Commerzbank acquired the shares of Deutsche Bank and Allianz (Dresdner Bank) in the largest European real estate and public finance bank at the time, Eurohypo. In 2009, Commerzbank took over Dresdner Bank under Müller's supervision. As a result of both of these acquisitions and in connection with the global economic and financial crisis, Commerzbank found itself in financial trouble and had to request a bailout from the German Financial Market Stabilization Fund. Despite this, Klaus-Peter Müller still believes that the acquisition of Dresdner Bank was the right move; only the timing proved to be "unlucky" in retrospect.