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Bank Of Baden
The Bank of Baden () was a German public bank of issue founded in 1870, based in Mannheim until 1932 and from that date in Karlsruhe. It issued its own banknotes until 1935. In 1978, it merged with Württembergische Bank and private-sector to form , which in turn was merged in 2005 into Landesbank Baden-Württemberg. Overview Following discussions about the establishment of a central bank going at least as far back as 1844, the Grand Duchy of Baden was prompted into action by the momentum of German unification. It received its banking license from the Grand-Ducal government on . The government was a shareholder alongside private bankers from Baden, Adolf von Hansemann of the Berlin-based Disconto-Gesellschaft, and Baron Carl von Rothschild of the Frankfurt-based M. A. Rothschild & Söhne. The capital amounted to 10,500,000 guilders (6,000,000 thalers) divided into 30,000 shares of 350 guilders (or 200 thalers). A branch opened in Karlsruhe as early as 1871. The bank had the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stumm Mannheim
Stumm is a Municipality (Austria), municipality in the Schwaz (district), Schwaz district in the Austrian state of Tyrol (state), Tyrol. Geography Stumm lies in the central Ziller valley on the right bank of the Ziller. Gallery File:Angerer, Bäckerei, Stumm.jpg, ''Angerer, Bäckerei'', gegr. 1700 (Angerer, bakery, founded in 1700) References External links Cities and towns in Schwaz District {{Tyrol-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsmark
The (; sign: ℛ︁ℳ︁; abbreviation: RM) was the currency of Germany from 1924 until the fall of Nazi Germany in 1945, and in the American, British and French occupied zones of Germany, until 20 June 1948. The Reichsmark was then replaced by the Deutsche Mark, to become the currency of West Germany and then all of Germany after the 1990 reunification. The Reichsmark was used in the Soviet occupation zone of Germany until 23 June 1948, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 (Rpf or ℛ︁₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; (''realm'' in English) comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the '' Papiermark''. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old ''Papiermark'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1870
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Germany
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product In Industry (economics), industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the Product engineering, engineering, Product design, design, and Manufacturing, ma ... * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Public Banking Sector
The German public banking sector () represents a significant share of the broader banking sector in Germany. Unlike in most other Western and Central European countries, German public-sector banks have been present since the early phases of formalization of banking entities in the early modern period and have never lost their collective significance. They are typically referred to as one of the three “pillars” of the German banking system, the other two pillars being the cooperative banks and commercial banks. Following many steps of development, consolidation, and restructuring, the German public banking sector (leaving aside the Deutsche Bundesbank) consists mainly of two clusters: the Sparkassen-Finanzgruppe, which competes with commercial and cooperative banks and includes local savings banks () and regional entities (); and promotional and development banks () owned by the Federal Republic of Germany (in the case of KfW) or the individual states of Germany. History Gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Bremen
The Bank of Bremen () was a German bank, founded in 1856 initially as a bank of issue, a privilege which it lost in 1889. In 1895, it was acquired by Dresdner Bank but the brand name survived until 2010. It had branches in Bremen's districts Mitte (city center next to Bremen Cathedral), Neustadt, Utbremen, and Bremen-Vegesack, Vegesack. History The Bank of Bremen was founded in 1856 by tradesmen and ship-owners and with a significant contribution of , also associated with the founding of the Bremen Exchange and Norddeutscher Lloyd. Its forerunner was the , founded in 1817. Together with the Frankfurter Bank (est. 1854), it was viewed as more independent than most other local banks of issue in Germany, which were generally under direct government control even when they were not government-owned. In 1895, Hermann Henrich Meier led the merger negotiations with Eugen Gutmann of Dresdner Bank. The merger was profitable for the Bremer tradesmen; the name Bremer Bank remained used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurter Bank
The ''Frankfurter Bank'' was a German bank founded in 1854 in Frankfurt, which issued its own banknotes until 1901. On , it merged with the Berliner Handels-Gesellschaft to form , generally referred to as BHF Bank until 2017 and since then as ODDO BHF. Overview The Frankfurter Bank was founded in 1854 to serve as a bank of issue for the then-autonomous Free City of Frankfurt, realizing a project that had long been under discussion but was accelerated by the nearby establishment of the Darmstädter Bank the previous year. The bank was sponsored by local banking houses including M. A. Rothschild & Söhne, Bethmann Bank, and , and authorized by the Frankfurt municipal council; the initial share subscription was oversubscribed 16 times, above all expectations. Its first general manager was . The bank issued banknotes denominated in Guilders (), by then the monetary standard in the South German area of which Frankfurt was part. Together with the Bank of Bremen, it was viewed as m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Prussia
The Bank of Prussia () was the central bank of the Kingdom of Prussia. It was originally founded by Frederick the Great in 1765-1766 as the state-owned Prussian Royal Bank ( or ). In 1847, it was reorganized as a formally private-sector entity and renamed the Bank of Prussia. It operated until , when it was succeeded by the newly created Reichsbank. Prussian Royal Bank Frederick II founded the Royal Bank on , but it soon ran into financial trouble and had to be granted a revised charter to issue banknotes on , which is why 1766 is often referred to as its founding date; it started operations under that new guise in 1767. The bank was located at Jägerstrasse 34-35 in Berlin's Friedrichswerder district, originally only on the ground floor of a building that had been erected by architect Johann Arnold Nering in 1690 as a home for the chief huntmaster of Brandenburg. Around 1786, the bank expanded into the whole building. The Royal Bank's equity capital became negative in 1806 f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamburger Bank
The ''Hamburger Bank'' () was a public credit institution founded in 1619 by the Hamburg, Free City of Hamburg. It operated independently until 31 December 1875, when it became part of the newly created Reichsbank. History The Hamburg City Council made the decision to create the bank in February 1619, following lengthy negotiations with its civic stakeholders. It was intended to improve monetary stability in the context of the Kipper und Wipper episode of German monetary turmoil, and to simplify trade between merchants; its model was the Bank of Amsterdam which had been founded a decade earlier. The numerous English merchant adventurers, Portuguese Sephardi Jews and Dutch religious refugees living in Hamburg at the time brought their capital and knowledge to the bank, thus contributing to its initial success. The bank was administered free of charge by two senators, two City elders (''Oberalten''), two "treasury citizens" (''Kammereibürger'') and five "bank citizens" (''Bancob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freiburg Im Breisgau
Freiburg im Breisgau or simply Freiburg is the List of cities in Baden-Württemberg by population, fourth-largest city of the German state of Baden-Württemberg after Stuttgart, Mannheim and Karlsruhe. Its built-up area has a population of about 355,000 (2021), while the greater Freiburg metropolitan area ("Einzugsgebiet") has about 660,000 (2018). Freiburg is located at the southwestern foothills of the Black Forest, on the Dreisam River, a tributary of the Elz (Rhine), Elz. It is Germany's southwestern- and southernmost city with a population exceeding 100,000. It lies in the Breisgau, one of Germany's warmest regions, in the south of the Upper Rhine Plain. Its city limits reach from the Schauinsland summit () in the Black Forest to east of the French border, while Switzerland is to the south. The city is situated in the major Baden (wine region), wine-growing region of Baden and, together with Offenburg, serves as a tourist entry-point to the scenic Black Forest. According ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as ''Deutsche Bank und Disconto-Gesellschaft'' or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan, Grenfell & Company, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. It is a component of the DAX stock market index and is often referred to as the List of banks in Germany, largest German banking institution, with Deutsche Bank holding the majority stake in DWS Group for combined assets of 2.2 trillion euros, rivaling even Spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Baden
The Republic of Baden () was a German state during the Weimar Republic. It was formed as the successor to the Grand Duchy of Baden during the German revolution of 1918–1919 and formally dissolved in 1945. Today it is part of the federal state of Baden-Württemberg. German workers' and soldiers' councils 1918–1919, Workers' and soldiers' councils peacefully replaced the government of the Grand Duchy in November 1918. The people of Baden elected an assembly in January 1919 that passed a constitution giving Baden a single-chamber parliament that elected the president and government ministers from among its ranks. Until the end of the Weimar Republic, Baden was governed by coalitions of the Catholic Centre Party (Germany), Centre Party and other parties of the moderate left and right. Much of the Republic of Baden was part of the post-World War I demilitarized zone along the Rhine, and small areas were occupied by the French for varying lengths of time until 1930. Baden saw two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
