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A. Schaaffhausen'scher Bankverein
The ''A. Schaaffhausen'scher Bankverein'' (, sometimes simply referred to as Schaaffhausen) was a bank in Cologne, initially founded in 1791. In 1848 it was reorganized as a joint stock company; purchased in 1914 by the Berlin-based Disconto-Gesellschaft, and its brand finally disappeared in 1929 as the latter was in turn merged with Deutsche Bank. History In 1791, founded a private bank, one of the first and most important financial resources for the growing local economy and its incipient industrialization. In 1848, however, the bank was negatively affected by the Revolutions of 1848 and found itself facing bankruptcy. On , as the bank became unable to honor its payment obligations, Prussian just-appointed Premier Gottfried Ludolf Camphausen, Ludolf Camphausen and his chosen finance minister David Hansemann started consultations to rescue the bank, together with their friend Gustav von Mevissen, Gustav Mevissen who had just arrived in Berlin. The financial package was approv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
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 the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berliner Handels-Gesellschaft
Berliner is most often used to designate a citizen of Berlin, Germany Berliner may also refer to: People * Berliner (surname) Places * Berliner Lake, a lake in Minnesota, United States * Berliner Philharmonie, concert hall in Berlin, Germany * Berliner See, a lake in Mecklenburg-Vorpommern, Germany * Berliner Straße (other), multiple streets in Germany with the name Arts, Entertainment, Media * Berliner (format), a paper size in newspapers * ''Berliner Abendblatt'', the leading weekly newspaper in Berlin * Berliner Ensemble, a German theatre company * '' Berliner Kurier'', a regional daily tabloid * ''Berliner Messe'', or ''Berlin Mass'', a mass by Arvo Pärt * '' Berliner Morgenpost'', 2nd most read newspaper in Berlin * Berliner Symphoniker, symphony orchestra in Berlin * ''Berliner Verkehrsblätter'', a journal on public transport in Berlin * ''Berliner Woche'', advertising weekly in Berlin * ''Berliner Zeitung'', daily newspaper in Berlin * ''The Berliner'' (fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dresdner Bank
Dresdner Bank AG was a German bank and was based in Frankfurt. It was one of Germany's largest banking corporations and was acquired by competitor Commerzbank in May 2009. History 19th century The Dresdner Bank was established on 12 November 1872 through the conversion of the private banks Michael Kaskel and Bernhard Gutmann. The Dresdner Bank founding consortium consisted of Allgemeine Deutsche Creditanstalt (Leipzig), Berliner Handels-Gesellschaft (Berlin), Deutsche Vereinsbank (Frankfurt am Main), Deutsche Effecten- und Wechselbank (Frankfurt am Main) and Anglo-Deutsche Bank (Hamburg) with an initial capital of 8 million Thalers (24 million Marks) and 30 employees in Wilsdruffer Strasse in Dresden. From 1872 until his retirement in 1920, (1840-1925) was chairman of the board. In the 1870s, the Dresdner Bank acquired smaller regional institutes and several banks. The new branch in Berlin quickly exceeded the office in Dresden; therefore, the registered office moved to Ber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Orientbank
The Deutsche Orientbank (DOB, ) was a German bank, founded in 1905-1906 in Berlin and merged into Dresdner Bank in 1931-1932. It was originally intended for financing ventures in the Ottoman Empire and the Khedivate of Egypt. In mid-1914 the Orientbank absorbed the Levantine network of Deutsche Palästina-Bank, established in the late 19th century as an earlier endeavor to develop German economic influence in the Ottoman Empire. History At its founding in 1905-1906, driven by banker and his son , the new venture was sponsored by Dresdner Bank, , and A. Schaaffhausen'scher Bank Association, with respective shares of 37.5 percent for Dresdner and 31.25 percent for each of the other two. It was part of a broader German push to gain influence in the Ottoman Empire, also involving Deutsche Bank and the financing of the Berlin–Baghdad railway. The newly established Orientbank soon took over the branches in Hamburg and Constantinople of , a stillborn venture of National Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Internationale De Bruxelles
Bank Brussels Lambert (BBL, french: Banque Bruxelles Lambert) was a Belgian bank that was created through merger in 1975 and became part of ING Group in 1998. It provided retail and commercial banking services to individuals and businesses in Belgium, together with related financial products such as insurance and asset management. It was formed by the merger of two existing Belgian banks ''Banque de Bruxelles'' and ''Banque Lambert'' in 1975 making it at that time the second largest Belgian bank. It was sold to ING Group in 1998 who renamed the subsidiary in 2002 ING Belgium. History Banque de Bruxelles Banque de Bruxelles was founded in 1871 and grew steadily over the ensuing six decades, acquiring interests in other banks in Belgium's major cities. In 1931, these interests were combined in a single business which operated in traditional banking and in the management of industrial concerns based mainly in Belgium and Africa. Following the reform of the Belgian banking sector in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city has 3.26 million inhabitants. Its continuously built-up urban area (whose outer suburbs extend well beyond the boundaries of the administrative metropolitan city and even stretch into the nearby country of Switzerland) is the fourth largest in the EU with 5.27 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan), is estimated between 8.2 million and 12.5 million making it by far the largest metropolitan area in Italy and one of the largest in the EU.* * * * Milan is considered a leading alpha global city, with strengths in the fields of art, chemicals, commerce, design, education, entertainment, fashion, finance, healthcar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Commerciale Italiana
Banca Commerciale Italiana (COMIT), founded in 1894, was once one of the largest banks in Italy. In 1999 it merged with a banking group consisting of Cassa di Risparmio delle Provincie Lombarde (aka Cariplo; est. 1823) and Banco Ambroveneto, which had merged in 1998. The bank group changed the name to Intesa-BCI, which BCI temporary became a sub-holding company. On 1 January 2003, the group's name changed to Banca Intesa. In 2006 Banca Intesa merged with Sanpaolo IMI, based in Turin, Italy, to form Intesa Sanpaolo. History BCI's predecessor was the '' Società Generale di Credito Mobiliare'', founded in 1862. This institution became successful as a lender to the iron and steel industry. However, the Italian banking crisis of 1893–1894, led to Credito Mobiliare's failure. On 10 October 1894 Credito Mobiliare was re-established as a private joint-stock bank under the name Banca Commerciale Italiana with capital from several German and Austrian banks, including S. Bleichröder, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsch-Asiatische Bank
Deutsch-Asiatische Bank (DAB) () was a foreign bank in China. Its principal activity was trade financing, but together with English and French banks, it also played a role in the underwriting of bonds for the Chinese government and in the financing of railway construction in China. History Deutsche-Asiatische Bank was founded in Shanghai on 12 February 1889 with the participation of Deutsche Bank, one of the largest banks in Germany. At the time, it was the first large non-British bank to enter the Chinese market. It set up branches in Calcutta (1895), Tianjin (1890), Hankou (1897), Qingdao (1897), Hong Kong (1900), Yokohama (1905), Kobe (1906), Singapore (1906), Beijing (1910), Guangzhou (1910) and Jinan (1914). Until World War I, it developed a cooperative relationship with the Hong Kong and Shanghai Banking Corporation against encroachments by competing foreign banks from France, Japan and Russia. In 1906, the bank received the concession to issue its own banknotes in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bonn
The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ruhr region, Germany's largest metropolitan area, with over 11 million inhabitants. It is a university city and the birthplace of Ludwig van Beethoven. Founded in the 1st century BC as a Roman settlement in the province Germania Inferior, Bonn is one of Germany's oldest cities. It was the capital city of the Electorate of Cologne from 1597 to 1794, and residence of the Archbishops and Prince-electors of Cologne. From 1949 to 1990, Bonn was the capital of West Germany, and Germany's present constitution, the Basic Law, was declared in the city in 1949. The era when Bonn served as the capital of West Germany is referred to by historians as the Bonn Republic. From 1990 to 1999, Bonn served as the seat of government – but no longer capital – ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Klönne
Carl Klönne (26 May 1850 - 20 May 1915) was a German Banker. Life Carl Klönne was born in Solingen, a city famous for centuries as a centre for sword and knife making which during the nineteenth century grew to become an important industrial centre on the edge of the Ruhr District. His father, also called Carl, was a businessman: his grandfather had worked as a miner. The family was not particularly wealthy. Klönne underwent a training in banking in Cologne, after which he worked in a succession of banks in Cologne, Berlin, Amsterdam, London and even, briefly, in Russia. By 1875 he was director of the Westphalia Bank in Bielefeld. The bank was in a troubled state partly on account of the recession which hit Europe in the early 1870s, triggered initially by a disruption following the Franco-Prussian War and a collapse in farm prices. Helped by his friend and colleague, Albert Müller (who later became a director at the Essener Credit-Anstalt Bank), and applying sound ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crisis Of 1857
The Panic of 1857 was a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. The world economy was also more interconnected by the 1850s, which also made the Panic of 1857 the first worldwide economic crisis. In Britain, the Palmerston government circumvented the requirements of the Bank Charter Act 1844, which required gold and silver reserves to back up the amount of money in circulation. Surfacing news of this circumvention set off the Panic in Britain. Beginning in September 1857, the financial downturn did not last long, but a proper recovery was not seen until the onset of the American Civil War in 1861. The sinking of contributed to the panic of 1857, as New York banks were awaiting a much-needed shipment of gold. American banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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