Disconto-Gesellschaft
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Disconto-Gesellschaft
The Disconto-Gesellschaft (full name: Direktion der Disconto-Gesellschaft), with headquarters in Berlin, was founded in 1851. It was, until its 1929 merger into Deutsche Bank, one of the largest German banking organizations. History It was founded in 1851 as a “credit partnership,” and in 1856 was changed into a limited liability, joint-stock company under the name of “Direktion der Disconto-Gesellschaft,” with a capital of 30,000,000 marks. Its founder was David Hansemann, later Prussian Minister of Finance. Since 1857 also his son Adolph von Hansemann worked in the bank of his father. Its purpose and earliest activities were in the fostering of current account business and the underwriting of German state and local loans and railway shares. In 1890, a branch was opened in London, from which time dated the institution's activities in overseas matters. In 1901, on the liquidation of the house of M. A. Rothschild & Sons of Frankfurt am Main, a branch was established in t ...
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Discontogesellschaft Berlin
The Disconto-Gesellschaft (full name: Direktion der Disconto-Gesellschaft), with headquarters in Berlin, was founded in 1851. It was, until its 1929 merger into Deutsche Bank, one of the largest German banking organizations. History It was founded in 1851 as a “credit partnership,” and in 1856 was changed into a limited liability, joint-stock company under the name of “Direktion der Disconto-Gesellschaft,” with a capital of 30,000,000 marks. Its founder was David Hansemann, later Prussian Minister of Finance. Since 1857 also his son Adolph von Hansemann worked in the bank of his father. Its purpose and earliest activities were in the fostering of current account business and the underwriting of German state and local loans and railway shares. In 1890, a branch was opened in London, from which time dated the institution's activities in overseas matters. In 1901, on the liquidation of the house of M. A. Rothschild & Sons of Frankfurt am Main, a branch was established in t ...
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Disconto-Gesellschaft 1922
The Disconto-Gesellschaft (full name: Direktion der Disconto-Gesellschaft), with headquarters in Berlin, was founded in 1851. It was, until its 1929 merger into Deutsche Bank, one of the largest German banking organizations. History It was founded in 1851 as a “credit partnership,” and in 1856 was changed into a limited liability, joint-stock company under the name of “Direktion der Disconto-Gesellschaft,” with a capital of 30,000,000 marks. Its founder was David Hansemann, later Prussian Minister of Finance. Since 1857 also his son Adolph von Hansemann worked in the bank of his father. Its purpose and earliest activities were in the fostering of current account business and the underwriting of German state and local loans and railway shares. In 1890, a branch was opened in London, from which time dated the institution's activities in overseas matters. In 1901, on the liquidation of the house of M. A. Rothschild & Sons of Frankfurt am Main, a branch was established in t ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), 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. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ...
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Adolph Salomonsohn
Adolph Salomonsohn (19 March 1831 – 4 January 1919) was a German lawyer and banker. He was a proprietor of the Disconto-Gesellschaft and influenced the establishment of the stock market in Germany. Biography Salomonsohn was born in Inowrazlaw, Prussian Province of Posen (now Inowrocław, Poland) to Gedalia Salomonsen (1799–1837), a merchant born in Copenhagen, and Ernestine (née Levy, 1801–67), a native of Inowrazlaw. His grandfather, Salomon Abraham Gedalia (1776–1844), was a rabbi in Copenhagen.biography
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Salomonson attended school in ( ...
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Adolph Von Hansemann
Adolph von Hansemann (27 July 1826 – 9 December 1903) was an German Empire, Imperial German businessman and banker. Life Born in Aachen in 1826 to German banker and railroad entrepreneur David Hansemann, Adolph Hansemann developed an early interest in business administration. He left home for Hamburg in 1841. He was a partner in his brother Gustav's textile factory in Eupen, Belgium, until leaving to help manage his father's Disconto-Gesellschaft in 1857. After his father's death in 1864, Adolph Hansemann continued to develop it by himself, expanding it into the largest private bank in the German Empire and one of the most famous in Europe. Along with Gerson von Bleichroeder, he arranged the financing for the Royal Prussian Army during the 1870 Franco-Prussian War; for his services, he was elevated to the peerage by Kaiser Wilhelm I and appended the ''von'' to his name. As a board member at Krupp and chairman of the Gelsenkirchen Mining Company (''Gelsenkirchener Bergwerks-AG' ...
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Georg Solmssen
Georg Solmssen (born Georg Adolf Salomonsohn, 7 August 1869 – 10 January 1957) was a German banker. Life His father was German banker Adolph Salomonsohn and his mother was Sara Rinkel. His uncle was German banker Arthur Salomonsohn, and his nephew was American writer Arthur R.G. Solmssen. He studied German law. In April 1900, he converted from Judaism to Christianity and changed his family name from Salomonsohn to Solmssen. Solmssen worked from 1900 for German bank Disconto-Gesellschaft in Berlin. He was a member of the supervisory board of German company Lufthansa AG and German company Vereinigte Stahlwerke. In 1933, Solmssen was for a short time the speaker of the management board for German bank Deutsche Bank, which took over ''Disconto-Gesellschaft'' in 1929. He lived in the 1920s on the island of Schwanenwerder Schwanenwerder (; English: "Swan Ait") is an island in the locality of Nikolassee in southwestern Berlin, located in a wider stretch of the Havel close to t ...
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David Hansemann
David Justus Ludwig Hansemann (12 July 1790 – 4 August 1864) was a Prussian politician and banker, serving as the Prussian Minister of Finance in 1848. Life Hansemann was born in Finkenwerder, Hamburg, the son of a Protestant minister. After studying commerce, he was a representative for a Monschau cloth manufacturer. From 1817, he created different enterprises in Aachen, under which the predecessor company the Aachen native of Munich, which is today part of the AMB Generali. Into the 1820s and 1830s, he came by a large sum of money. His concern for the well-being of his employees and his readiness for generous donations were considered unusual. In 1821 he married Fanny Fremery, who came from a French Huguenot family. David Hansemann engaged himself for the building of railways in the Rhine Province. He wrote several memoranda about railway. The moreover one he was shareholder of the Rhenish Railway Company (German: ''Rheinische Eisenbahn-Gesellschaft'', RhE). In accordance ...
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Great Venezuela Railway
The Great Venezuela Railway (''Gran Ferrocarril de Venezuela'') was a railway from Caracas to Valencia. The railway was the longest in Venezuela. It proved difficult to recoup the initial investment and the railway became a notable cause of the Venezuelan crisis of 1902–1903. It fell into disrepair through the early 20th century and the last train ran in 1966. Origin Friedrich Krupp AG contracted with the Venezuelan government in 1888 to build the railway in exchange for £12,800 per kilometer to be repaid at 7 percent interest. Disconto-Gesellschaft financed the project; and terms were renegotiated at £11,000 per kilometer in 1891. The railway was completed in February 1894. Description The railway replaced a difficult carriage road through mountainous terrain. Contemporary accounts expressed great praise for the construction, which used Krupp steel railroad ties. The Caracas terminus was adjacent to the gauge La Guaira and Caracas Railway to the coast, which operat ...
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Arthur Salomonsohn
Arthur is a common male given name of Brythonic origin. Its popularity derives from it being the name of the legendary hero King Arthur. The etymology is disputed. It may derive from the Celtic ''Artos'' meaning “Bear”. Another theory, more widely believed, is that the name is derived from the Roman clan '' Artorius'' who lived in Roman Britain for centuries. A common spelling variant used in many Slavic, Romance, and Germanic languages is Artur. In Spanish and Italian it is Arturo. Etymology The earliest datable attestation of the name Arthur is in the early 9th century Welsh-Latin text ''Historia Brittonum'', where it refers to a circa 5th to 6th-century Briton general who fought against the invading Saxons, and who later gave rise to the famous King Arthur of medieval legend and literature. A possible earlier mention of the same man is to be found in the epic Welsh poem ''Y Gododdin'' by Aneirin, which some scholars assign to the late 6th century, though this is still a mat ...
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Karl Mathy
Karl Friedrich Wilhelm Mathy (March 17, 1807 – February 3, 1868), was a Badensian statesman. He was born at Mannheim. He studied law and politics at Heidelberg, and entered the Baden government department of finance in 1829. His sympathy with the revolutionary ideas of 1830, expressed in his paper the ''Zeitgeist'', cost him his appointment in 1834, and he made his way to Switzerland, where he contributed to the ''Jeune Suisse'' directed by Mazzini. On his return to Baden in 1840 he edited the ''Landtagszeitung'' at Karlsruhe, and in 1842 he entered the estates for the town of Konstanz. In 1843 Mathy founded a publishing house in Heidelberg together with Friedrich Daniel Bassermann, that would later become known as Bassermann'sche Verlagsbuchhandlung. He became one of the opposition leaders and in 1847 helped to found the ''Deutsche Zeitung'', a paper which eventually did much to further the cause of German unity. He took part in the preliminary parliament and in the Fran ...
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Alexander Schoeller
Alexander is a male given name. The most prominent bearer of the name is Alexander the Great, the king of the Ancient Greek kingdom of Macedonia who created one of the largest empires in ancient history. Variants listed here are Aleksandar, Aleksander and Aleksandr. Related names and diminutives include Iskandar, Alec, Alek, Alex, Alexandre, Aleks, Aleksa and Sander; feminine forms include Alexandra, Alexandria, and Sasha. Etymology The name ''Alexander'' originates from the (; 'defending men' or 'protector of men'). It is a compound of the verb (; 'to ward off, avert, defend') and the noun (, genitive: , ; meaning 'man'). It is an example of the widespread motif of Greek names expressing "battle-prowess", in this case the ability to withstand or push back an enemy battle line. The earliest attested form of the name, is the Mycenaean Greek feminine anthroponym , , (/Alexandra/), written in the Linear B syllabic script. Alaksandu, alternatively called ''Alakasandu'' or ' ...
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Berlin, Germany
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its locat ...
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