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Bankhaus Bauer
The Bankhaus Bauer AG is a German private bank headquartered in Stuttgart. The bank is a member of the Association of German Banks and its deposit protection fund as well as a member of ATM network CashPool. Business areas As universal bank Bankhaus Bauer offers all banking services. Traditionally as private bank it focuses on wealth private and business clients as well as corporate clients. History The business was founded in 1931 as a limited partnership business entity by banker Richard Bauer under the name Bankhaus Bauer KG in Stuttgart. During World War II the business offices were destroyed in a bomb attack. At short notice the headquarter was moved to Schwäbisch Gmünd in 1944. After the war finished the headquarter was moved back to Stuttgart in 1945. In 1986 the business was converted into the joint-stock company ''Bankhaus Bauer AG''. In 1992 the Schuppli-Gruppe in Wiesbaden, the ''Hypothekenbank in Essen AG'' and the ''Hypothekenbank in Berlin AG'' joined the bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Bank
Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China *Bank of Communications, founded in 1908 * China Merchants Bank France * Compagnie Financière Edmond de Rothschild, Paris, founded in 1953; a member of Edmond de Rothschild Group * Société Générale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Düsseldorfer Hypothekenbank
The Düsseldorfer Hypothekenbank AG, also known as DüssHyp, is a mortgage bank based in Düsseldorf that specializes in government and real estate financing. (Until the mortgage bank law was abrogated, this term referred to a private law credit institution granting long-term loans secured by mortgages and loans to public authorities.) Refinancing takes place through issuing bonds via the capital market. The bank specializes in commercial real estate financing. It only engages in direct business to a limited extent; the focus is on syndicate business. History The institute was founded by the entrepreneur :de:Wolfgang Schuppli . As a consequence of the world-wide financial crisis in 2007, it was necessary for the deposit guarantee fund ( :de:Einlagensicherungsfonds) of the Federal Association of German Banks (BdB) to take over the shares in 2008. It sold them in 2010 to LSF5 German Investments II, L.P. in Delaware, USA (94%) and to LSF5 Riverside Ltd. & Co KG in Frankfurt, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1931 Establishments In Germany
Events January * January 2 – South Dakota native Ernest Lawrence invents the cyclotron, used to accelerate particles to study nuclear physics. * January 4 – German pilot Elly Beinhorn begins her flight to Africa. * January 22 – Sir Isaac Isaacs is sworn in as the first Australian-born Governor-General of Australia. * January 25 – Mohandas Gandhi is again released from imprisonment in India. * January 27 – Pierre Laval forms a government in France. February * February 4 – Soviet leader Joseph Stalin gives a speech calling for rapid industrialization, arguing that only strong industrialized countries will win wars, while "weak" nations are "beaten". Stalin states: "We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or they will crush us." The first five-year plan in the Soviet Union is intensified, for the industrialization and collectivization of agriculture. * February 10 – Officia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Germany
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. Because 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 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiducia IT AG
Fiducia IT AG was a German IT-service provider based in Karlsruhe. In 2015, it merged with the GAD eG to form Fiducia & GAD IT AG. Its core business was providing financial IT services for co-operative banks, with its customers also coming from the private banking sector, public institutions, and free enterprises. Fiducial's integrated core banking system 'agree' was used by over 700 banks, supporting 97,000 workstations with 67 million accounts worldwide. Fiducial IT AG’s headquarters were situated in Karlsruhe with a branch in Aschheim, Munich. History Founding The company was founded in 1924 under the name of Fiducia Accounting and Auditing Institute AG in Karlsruhe. The name “Fiducia” is Latin, meaning trust, reliability and assurance. In 1958 Fiducia came to the supervised banks with the idea of a merger into a reservation community. Fiducia took over the organization as a new business. During the following years, mainly punched cards were used. Over the cour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Core Banking
Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers. Businesses are usually managed via the corporate banking division of the institution. Core banking covers basic depositing and lending of money. Core banking functions will include transaction accounts, loans, mortgages and payments. Banks make these services available across multiple channels like automated teller machines, Internet banking, mobile banking and branches. Banking software and network technology allows a bank to centralise its record keeping and allow access from any location. History Core banking became possible with the advent of computer and telecommunication technology that allowed information to be shared between bank branches quickl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiducia & GAD IT AG
Atruvia AG is the IT service provider of the German Cooperative Financial Group. The company based in Karlsruhe and Münster with further offices in Munich, Frankfurt and Berlin employs currently more than 4,600 staff (more than 6,700 including subsidiaries), generating an annual turnover of around 1.7 billion Euros. Among Atruvia's customers are almost all of the approximately 900 Volksbanken und Raiffeisenbanken in Germany, further companies from the Genossenschaftliche FinanzGruppe, as well as numerous private banks and companies from other business segments, such as the German automobile club (ADAC ADAC, officially the Allgemeiner Deutscher Automobil-Club (), is Europe's largest motoring association. ADAC is the largest club (Verein) in Germany with around 21 million members. It would be more aptly described today as an individual m ...). Atruvia provides IT services for 169,000 banking work stations, administers roughly 82 million banking accounts and ensures comf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Center
A data center (American English) or data centre (British English)See spelling differences. is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for business continuity, it generally includes redundant or backup components and infrastructure for power supply, data communication connections, environmental controls (e.g., air conditioning, fire suppression), and various security devices. A large data center is an industrial-scale operation using as much electricity as a small town. History Data centers have their roots in the huge computer rooms of the 1940s, typified by ENIAC, one of the earliest examples of a data center.Old large computer rooms that housed machines like the U.S. Army's ENIAC, which were developed pre-1960 (1945), were now referred to as "data centers". Early computer systems, complex to operate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BHF-Bank
ODDO BHF is an independent Franco-German financial services group. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies. With 2,300 employees (1,300 in Germany and 1,000 in France), and more than 100 billion euros in assets under management, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking. History of BHF Bank The bank was formed on 1 January 1970 as the Berliner Handels- und Frankfurter Bank from the merger of the Frankfurter Bank (founded in 1854) and the Berliner Handels-Gesellschaft (founded in 1856). In 1970, when the BHF-Bank tower was built by the German architect Sep Ruf, it was the highest building in Frankfurt. The banks changed its name to BHF-Bank in 1975. Through the 1970s and 1980s it was in the top three to five investment banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the ninth-largest city of Germany. Essen lies in the larger Rhine-Ruhr Metropolitan Region and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: in the north, the Emscher, the Ruhr area's central river, and in the south, the Ruhr River, which is dammed in Essen to form the Lake Baldeney (''Baldeneysee'') and Lake Kettwig (''Kettwiger See'') reservoirs. The central and northern boroughs of Essen historically belong to the Low German ( Westphalian) language area, and the south of the city to the Low Franconian (Bergish) area (closely related to Dutch). Essen is seat to several of the re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reutte
Reutte (; Swabian: ) is a market town in the Austrian state of Tyrol. It is the administrative center of the Reutte district ('' Districts of Austria''). Reutte is located on the Lech, and has a population of 6704 (as of 2018). Neighbouring municipalities Adjacent municipalities and villages are: Breitenwang, Ehenbichl, Lechaschau and Pflach. History Reutte is located on the Via Claudia Augusta, a Roman road leading from Italy to Germany. The Tyrolean Salt Road from Hall in Tirol to Lake Constance crossed the entire district of Außerfern. Reutte (then Reuti) was declared a market town by Sigmund on June 5 1489. This was confirmed later by Maximilian I who also added some further rights. The people of Reutte commemorate this with an annual festival on the first Saturday in August. From 1692 the painter Paul Zeiller had a workshop in Reutte that later became an art school. His son, Johann Jakob Zeiller and adopted son, Franz Anton Zeiller, both received their fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
