Hypovereinsbank (HVB), is the fifth-largest of the German financial institutions, ranked according to its total assets, and the fourth largest bank in Germany according to the number of its employees. Its registered office is in Munich and it is a member of the Cash Group. Since 2005, UniCredit Bank AG has been a subsidiary of UniCredit S.p.A, an Italian financial service provider with its registered office in Rome and its headquarters in Milan. When the transfer resolution was entered in the commercial register in 2008.