Varengold Bank AG engages in the provision of prime brokerage, commercial banking, and treasury. It operates through the Prime Brokerage and Commercial Banking segments. The Prime Brokerage segment offers entire value-added chain for processing of trading businesses to international asset and fund managers, high net worth individuals, and hedge fund managers. The Commercial banking segment provides deposit accounts, international payment transactions, structured finance, and trade and export finance services. The company was founded by Timur Coban, Sven Meyer, Yasin Sebastian Qureshi and Steffen Fix in 1995 and is headquartered in Hamburg, Germany.