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Norddeutsche Bank
The Norddeutsche Bank was a German bank that existed from 1856 to 1929. It was established by Berenberg Bank, H.J. Merck & Co. and the bank house of Salomon Heine and private founders such as Robert Kayser as the first joint-stock bank in northern Germany, becoming the largest bank in Hamburg.Michael North: "The Great German Banking Houses and International Merchants, Sixteenth to Nineteenth Century", in: Alice Teichova, Ginette Kurgan-Van Hentenryk and Dieter Ziegler (eds.), ''Banking, Trade and Industry: Europe, America and Asia from the Thirteenth to the Twentieth Century'', Cambridge University Press, 2011, , p. 46 In 1895 it was merged with the Disconto-Gesellschaft, but the two banks continued to operate separately. In 1929 both the Norddeutsche Bank and the Disconto-Gesellschaft were merged into Deutsche Bank Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, ...
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Bank
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 o ...
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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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Salomon Heine
Salomon Heine (19 October 1767 – 23 December 1844) was a merchant and banker in Hamburg. Heine was born in Hanover. Penniless, he came to Hamburg in 1784 and in the following years acquired sizeable assets. It was common knowledge at the time that he was benefactor and patron to his nephew Heinrich Heine. Because of his wealth – by the time of his death his estate was worth an estimated € 110 million – he was called "Rothschild of Hamburg". Life Heine learned the trade of banking at ''Bankhaus Popert'' in Hamburg. Subsequently, he started his own business as a draft broker, cooperating closely with ''Emanuel Anton von Halle''. In 1797, together with Marcus Abraham Heckscher (1770–1823), he founded the ''Heckscher & Co.'' merchant bank. In 1818, now being the sole executive director, he changed the company's name to ''Bankhaus Salomon Heine''. During the following years he rose to becoming one of Hamburg's most successful bankers of the time. Promoter of poet He ...
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Robert Kayser
Robert Kayser (born 15 January 1805 in Naumburg; died 27 October 1877 in Hamburg) was a Hamburg industrialist and banker. As a young man Kayser travelled to Chile in 1829 to seek his fortune where, after a while, he went into partnership with Max Theodor Hayn to found the firm Kayser, Hayn & Co. in Mazatlán. In 1839 he came back to Hamburg. In 1843 Kayser and Hayn, together with their friend Kunhardt, founded a firm in Valparaíso which foundered in 1849; in the same year Kayser, Hayn & Co. in Mazatlán was dissolved. In 1846 Kayser and his business partners founded the Firm Kunhardt, Kayser & Hayn in Hamburg, which was renamed Kayser & Hayn after Kunhardt's death in 1850. Hayn left the firm in 1854 and the firm was known as Robert Kayser until 1865. Kayser was among the founders in 1856 of the Norddeutsche Bank and was one of its leading lights, putting up founding capital of 500.000 Marks. He belonged to the board of Norddeutsche Bank from 1856 to 1877. From 1850, Kayser belong ...
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Hamburg
Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-largest in the European Union with a population of over 1.9 million. The Hamburg Metropolitan Region has a population of over 5.1 million and is the List of EU metropolitan areas by GDP, eighth-largest metropolitan region by GDP in the European Union. At the southern tip of the Jutland Peninsula, Hamburg stands on the branching River Elbe at the head of a estuary to the North Sea, on the mouth of the Alster and Bille (Elbe), Bille. Hamburg is one of Germany's three city-states alongside Berlin and Bremen (state), Bremen, and is surrounded by Schleswig-Holstein to the north and Lower Saxony to the south. The Port of Hamburg is Germany's largest and Europe's List of busiest ports in Europe, third-largest, after Port of Rotterdam, Rotterda ...
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Alice Teichova
Alice Teichova (''née'' Schwarz;Richard EvansMikuláš Teich obituary: Scholar who focused on the history of science 5 September 2018. 19 September 1920 – 12 March 2015) was an Austrian-born British economist and economic historian. She was considered one of the leading economic historians of modern Central Europe. Her publications included a landmark survey of the international business relations of Czechoslovakia, ''An Economic Background to Munich'', published in 1974. She co-authored her most recent work, ''Nation, State and the Economy in History'' (2003), with the Austrian economist historian, Herbert Matis. Teichova was born into a Jewish family in Vienna on 19 September 1920 to Arthur Schwarz, a watchmaker, and Gisela (''née'' Leist). She was raised in a single room residence in the Floridsdorf district of Vienna, where her father owned a watch shop. The family fled Austria in the late 1930s following the rise of the Nazis and the Anschluss in 1938. Alice, who had ...
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Cambridge University Press
Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessment to form Cambridge University Press and Assessment under Queen Elizabeth II's approval in August 2021. With a global sales presence, publishing hubs, and offices in more than 40 countries, it published over 50,000 titles by authors from over 100 countries. Its publications include more than 420 academic journals, monographs, reference works, school and university textbooks, and English language teaching and learning publications. It also published Bibles, runs a bookshop in Cambridge, sells through Amazon, and has a conference venues business in Cambridge at the Pitt Building and the Sir Geoffrey Cass Sports and Social Centre. It also served as the King's Printer. Cambridge University Press, as part of the University of Cambridge, was a ...
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Disconto-Gesellschaft
The Disconto-Gesellschaft (, full name Direktion der Disconto-Gesellschaft) was a significant German bank, founded in Berlin in 1851. It was one of the largest German banking organizations until its 1929 merger into Deutsche Bank. History The was established on at the initiative of David Hansemann, who had resigned two months later from his position as head of the Bank of Prussia. Hansemann established a Berlin Credit Partnership (), and converted it into a cooperative company form () that did not require government authorization. Its initial business focus was lending to small businesses. It settled in a building on Kleine Präsidentenstrasse in the old center of Berlin, where it would remain until 1858. On , seeking increased financial firepower, Hansemann led the Disconto-Gesellschaft's conversion into a limited stock company in the form of , exploiting a loophole in Prussian law that again allowed him to proceed without a government authorization. The successful subscr ...
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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 ...
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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 ...
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Banks Established In 1856
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 ancie ...
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1929 Disestablishments In Germany
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * ''19-Nineteen'', a 2009 South Korean film * ''Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the 2001 alb ...
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