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Hochstetter
The family of Höchstetter (also rendered Hechstetter or Hochstetter), from Höchstädt in western Bavaria near the banks of the Danube, were members of the fifteenth and sixteenth-century mercantile patriciate of Augsburg. For a time, these international mercantile bankers and venture capitalists – whose most notorious member was Ambrosius Höchstetter (1463–1534) – were on a par with the Fugger and the Welser houses. Like other Augsburg bankers, they provided loans to Emperor Maximilian I (reigned 1508–1519). The accumulating wealth of Augsburg relied on control of metal ores – the gold, silver, and copper of Bohemia, Slovakia, Hungary, and the Tyrol – and their refining and marketing. The Hochstetter company drew upon investments as small as a few florins, but the total invested with him required Ambrosius Höchstetter to pay out up to a million florins a year in interest. He successfully cornered, for brief periods, local markets in ash timber, grain, and certai ...
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Augsburg
Augsburg (; bar , Augschburg , links=https://en.wikipedia.org/wiki/Swabian_German , label=Swabian German, , ) is a city in Swabia, Bavaria, Germany, around west of Bavarian capital Munich. It is a university town and regional seat of the ''Regierungsbezirk'' Schwaben with an impressive Altstadt (historical city centre). Augsburg is an urban district and home to the institutions of the Landkreis Augsburg. It is the third-largest city in Bavaria (after Munich and Nuremberg) with a population of 300,000 inhabitants, with 885,000 in its metropolitan area. After Neuss, Trier, Cologne and Xanten, Augsburg is one of Germany's oldest cities, founded in 15 BC by the Romans as Augsburg#Early history, Augusta Vindelicorum, named after the Roman emperor Augustus. It was a Free Imperial City from 1276 to 1803 and the home of the patrician (post-Roman Europe), patrician Fugger and Welser families that dominated European banking in the 16th century. According to Behringer, in the sixteen ...
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Banking Families
Banking families are families which have been involved in banking for multiple generations, in the modern era generally as owners or co-owners of banks, often named for their families. Banking families have been important in the history of banking, especially before the 20th century. Antiquity * House of Egibi of Mesopotamia *Murashu family of Mesopotamia Modern See also * Private bank * Private banking References Banking Families Family (from la, familia) is a group of people related either by consanguinity (by recognized birth) or affinity (by marriage or other relationship). The purpose of the family is to maintain the well-being of its members and of society. Ideall ...
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Maximilian I, Holy Roman Emperor
Maximilian I (22 March 1459 – 12 January 1519) was King of the Romans from 1486 and Holy Roman Emperor from 1508 until his death. He was never crowned by the pope, as the journey to Rome was blocked by the Venetians. He proclaimed himself Elected Emperor in 1508 (Pope Julius II later recognized this) at Trent, thus breaking the long tradition of requiring a Papal coronation for the adoption of the Imperial title. Maximilian was the son of Frederick III, Holy Roman Emperor, and Eleanor of Portugal. Since his coronation as King of the Romans in 1486, he ran a double government, or ''Doppelregierung'' (with a separate court), with his father until Frederick's death in 1493. Maximilian expanded the influence of the House of Habsburg through war and his marriage in 1477 to Mary of Burgundy, the ruler of the Burgundian State, heir of Charles the Bold, though he also lost his family's original lands in today's Switzerland to the Swiss Confederacy. Through marriage of his son Phil ...
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