Dresdner Kleinwort is the investment bank of Dresdner Bank AG. With an international network including offices in the financial centres of New York and Tokyo, Dresdner Kleinwort provides a wide range of investment bank products and services to European and international clients through its Capital Markets and Corporate Finance & Origination business lines. Revolution is the gateway to Dresdner Kleinwort's online products and services. It includes a complete range of proprietary applications which cover a wide array of client requirements and asset classes, including: foreign exchange, rates, credit, equities.
In 2004 the Russian government hired Dresdner Kleinwort to value Yuganskneftegaz (YUKOS). It assessed the value to between $15 and $17 billion. The Russian government eventually sold Yuganskneftegaz for $9.35 billion to an obscure firm. That firm, in turn, was acquired days later by Russian state oil major Rosneft. Dresdner Kleinwort is part of a syndicate that also comprises ABN AMRO, JPMorgan, Morgan Stanley and Barclays Capital that lent $7.5 billion to Rosneft and state-owned special-purpose vehicle Rosneftegaz. The money was earmarked to buy 10.74% of Gazprom shares from Gazprom itself. Banks in the syndicate, with the exception of Barclays Capital, have been mandated to conduct an initial public offering of a stake of Rosneft on an international stock exchange.
