Eurohypo, a German bank specializing in the property market and recently acquired by Commerzbank, plans to grow its private client business,...

Eurohypo, a German bank specializing in the property market and recently acquired by Commerzbank, plans to grow its private client business, according to reports in the German press. Eurohypo, which is based in Eschborn, expects its private client business to grow significantly after it is taken over by Commerzbank, Eurohypo head Bernd Knobloch said in an interview with Die Welt newspaper. "In the private client segment, we expect a very big jump," he said. Mr Knobloch said Eurohypo will remain an independent company "with its own business model and its own identity" after the takeover. "We place emphasis on growing together. We will not throw everything away for transient cost synergies," he said.