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Berenberg Bank
Joh. Berenberg, Gossler & Co. Kommanditgesellschaft, KG, commonly known as Berenberg Bank and also branded as simply Berenberg, is a Multinational corporation, multinational full-service private bank, private and merchant bank headquartered in Hamburg, Germany. It is considered the world's oldest merchant bank. It was founded around 1590 by Hans and Paul Berenberg, refugees from Antwerp in the Spanish Netherlands (now Belgium). Their descendants, the Berenberg family, Berenberg and Gossler family, Gossler families, belonged to the ruling elite of Hanseaten (class), Hanseatic merchants of the city-state, city-republic of Hamburg and several family members served in the Senate of Hamburg, city-state's government from 1735. Like many other merchant bankers, the Berenbergs were originally cloth merchants. The company involved itself in shipping, whaling and ship insurance from the late 17th century, and in extensive trade with colonial goods imported from the Americas and Asia. By th ...
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Berenberg Bank Logo (2013 Version)
The Berenberg family ( Dutch for "bear mountain") was a Flemish-origined Hanseatic family of merchants, bankers and senators in Hamburg, with branches in London, Livorno and other European cities. The family was descended from the brothers Hans and Paul Berenberg from Antwerp, who came as Protestant refugees to the city-republic of Hamburg following the Fall of Antwerp in 1585 and who established what is now Berenberg Bank in Hamburg in 1590. The Berenbergs were originally cloth merchants and became involved in merchant banking in the 17th century. Having existed continuously since 1590, Berenberg Bank is the world's oldest surviving merchant bank. The Berenberg banking family became extinct in the male line with Elisabeth Berenberg (1749–1822); she was married to Johann Hinrich Gossler, who became a co-owner of the bank in 1769. From the late 18th century, the Gossler family, as owners of Berenberg Bank, rose to great prominence in Hamburg, and was widely considered one ...
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Spanish Netherlands
The Spanish Netherlands (; ; ; ) (historically in Spanish: , the name "Flanders" was used as a '' pars pro toto'') was the Habsburg Netherlands ruled by the Spanish branch of the Habsburgs from 1556 to 1714. They were a collection of States of the Holy Roman Empire in the Low Countries held in personal union by the Spanish Crown. This region comprised most of the modern states of Belgium and Luxembourg, as well as parts of northern France, the southern Netherlands, and western Germany, with the capital being Brussels. The Army of Flanders was given the task of defending the territory. The Imperial fiefs of the former Burgundian Netherlands had been inherited by the Austrian House of Habsburg from the extinct House of Valois-Burgundy upon the death of Mary of Burgundy in 1482. The Seventeen Provinces formed the core of the Habsburg Netherlands, which passed to the Spanish Habsburgs upon the abdication of Emperor Charles V in 1556. When part of the Netherlands separated to ...
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Sugar
Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose Glucose is a sugar with the Chemical formula#Molecular formula, molecular formula , which is often abbreviated as Glc. It is overall the most abundant monosaccharide, a subcategory of carbohydrates. It is mainly made by plants and most algae d ..., fructose, and galactose. Compound sugars, also called disaccharides or double sugars, are molecules made of two bonded monosaccharides; common examples are sucrose (glucose + fructose), lactose (glucose + galactose), and maltose (two molecules of glucose). White sugar is almost pure sucrose. In the body, compound sugars are hydrolysed into simple sugars. Longer chains of monosaccharides (>2) are not regarded as sugars and are called oligosaccharides or polysaccharides. Starch is a glucose polymer found in plants, the most abundant source of energy in human foo ...
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Asia
Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilisations. Its 4.7 billion people constitute roughly 60% of the world's population. Asia shares the landmass of Eurasia with Europe, and of Afro-Eurasia with both Europe and Africa. In general terms, it is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a social constructionism, historical and cultural construct, as there is no clear physical and geographical separation between them. A commonly accepted division places Asia to the east of the Suez Canal separating it from Africa; and to the east of the Turkish straits, the Ural Mountains an ...
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Americas
The Americas, sometimes collectively called America, are a landmass comprising the totality of North America and South America.''Webster's New World College Dictionary'', 2010 by Wiley Publishing, Inc., Cleveland, Ohio. When viewed as a single continent, the Americas or America is the 2nd largest continent by area after Asia, and is the 3rd largest continent by population. The Americas make up most of the land in Earth's Western Hemisphere and comprise the New World. Along with their Lists of islands of the Americas, associated islands, the Americas cover 8% of Earth's total surface area and 28.4% of its land area. The topography is dominated by the American Cordillera, a long chain of mountains that runs the length of the west coast. The flatter eastern side of the Americas is dominated by large river basins, such as the Amazon basin, Amazon, St. Lawrence River–Great Lakes, Mississippi River System, Mississippi, and Río de la Plata Basin, La Plata basins. Since the Americ ...
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Colonial Goods
In economics, colonial goods are goods imported from European colonies, in particular coffee, tea, spices, rice, sugar, cocoa and chocolate, and tobacco. At a time when food and agriculture represented a relatively large proportion of overall economic activity, economic statistics often divided traded goods between "colonial goods", "domestic ( agricultural and extractive sectors) production" and "manufactured (secondary sector) production". History Trade in colonial goods of the day between the metropolitan Greeks and their colonies flourished in ancient times. For example: The term "colonial goods" became less appropriate with the collapse of the western European empires that followed the Second World War. It nevertheless still appeared in books and articles in the 1970s, by now covering not merely agricultural output from (formerly) colonial countries but all long-life staple foods, regardless of provenance, as well as soap, washing powder and petrol/gasoline, and o ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Whaling
Whaling is the hunting of whales for their products such as meat and blubber, which can be turned into a type of oil that was important in the Industrial Revolution. Whaling was practiced as an organized industry as early as 875 AD. By the 16th century, it had become the principal industry in the Basque coastal regions of Spain and France. The whaling industry spread throughout the world and became very profitable in terms of trade and resources. Some regions of the world's oceans, along the animals' migration routes, had a particularly dense whale population and became targets for large concentrations of whaling ships, and the industry continued to grow well into the 20th century. The depletion of some whale species to near extinction led to the banning of whaling in many countries by 1969 and to an international cessation of whaling as an industry in the late 1980s. Archaeological evidence suggests the earliest known forms of whaling date to at least 3000 BC, practiced by the ...
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Hamburger Abendblatt
''Hamburger Abendblatt'' () is a German daily newspaper in Hamburg belonging to the Funke Mediengruppe, publishing Monday to Saturday. The paper focuses on news in Hamburg and its surrounds, and produces regional supplements with news from Norderstedt, Harburg, Hamburg, Harburg, and Pinneberg. Its authors have won journalistic prizes including the Theodor Wolff Prize (Jan Haarmeyer, Barbara Hardinghaus, Miriam Opresnik, Özlem Topçu), the ''Wächterpreis der Tagespresse'' (Christian Denso, Marion Girke, and the (German Reporter Prize) (Volker ter Haseborg, Antje Windmann). The paper was also awarded the six times since 2004 by the Konrad Adenauer Foundation. History and profile Four previous Hamburg newspapers had the word ''Abendblatt'' () in their title, including ''Hamburger Abendblatt'' founded on 2 May 1820. However, the incarnation of ''Hamburger Abendblatt'', was first published after World War II on 14 October 1948 with an initial edition of 60,000 copies. The pa ...
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Frankfurter Allgemeine Zeitung
The (; ''FAZ''; "Frankfurt General Newspaper") is a German newspaper founded in 1949. It is published daily in Frankfurt and is considered a newspaper of record for Germany. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own network of correspondents. Its editorial policy is not determined by a single editor, but cooperatively by four editors. History The first edition of the ''FAZ'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in 1943. However, in their first issue, the ''FAZ'' editorial expressly refuted the notion of being the earlier paper's successor, or of continuing its legacy: Until 30 September 1950, the ''FAZ'' was printed in Mainz. Traditionally, many of the headlines in the ''FAZ'' were styled in bl ...
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Cloth Merchant
In the Middle Ages or 16th and 17th centuries, a cloth merchant was one who owned or ran a cloth (often wool) manufacturing or wholesale import or export business. A cloth merchant might additionally own a number of draper's shops. Cloth was extremely expensive and cloth merchants were often very wealthy. A number of Europe's leading banking dynasties such as Medici and Berenberg built their original fortunes as cloth merchants. In England, cloth merchants might be members of one of the important trade guilds, such as the Worshipful Company of Drapers. Alternative names are clothier, which tended to refer more to someone engaged in production and the sale of cloth, whereas a cloth merchant would be more concerned with distribution, including overseas trade, or haberdasher, who were merchants in sewn and fine fabrics (e.g. silk) and in London, members of the Haberdashers' Company. The largely obsolete term merchant taylor also describes a business person who trades in tex ...
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Senate Of Hamburg
The government of Hamburg is divided into executive, legislative and judicial branches. Hamburg is a city-state and municipality, and thus its governance deals with several details of both state and local community politics. It takes place in two ranks – a citywide and state administration ( Senate of Hamburg), and a local rank for the boroughs. The head of the city-state's government is the First Mayor and President of the Senate. A ministry is called ''Behörde'' (office) and a state minister is a ''Senator'' in Hamburg. The legislature is the state parliament, called '' Hamburgische Bürgerschaft'', and the judicial branch is composed of the state supreme court and other courts. The seat of the government is Hamburg Rathaus. The President of the Hamburg Parliament is the highest official person of the Free and Hanseatic City of Hamburg.constitution of the Free and Hanseatic City of Hamburg, § 18 This is a traditional difference to the other German states. The presiden ...
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