Oldenburgische Landesbank
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Oldenburgische Landesbank
Oldenburgische Landesbank AG (OLB) is a private financial institution based in the northwest of Germany. Its headquarters are in Oldenburg. OLB was founded in 1869 by the Frankfurt bank Erlanger & Söhne with the privilege of issuing banknotes. Their first director was Lorenz Zuckermandel. The business areas of the universal bank today include private clients business including private banking and wealth management, corporate and commercial clients business, specialized lending, for example in the area of commercial real estate or acquisition financing, and also the brokerage of real estate, building society contracts and insurance. OLB maintains a wide network of locations, which focuses on the northwestern part of Germany, known as Weser-Ems (comprising Osnabrück Land, Emsland, County of Bentheim, East Frisia, Ammerland, Friesland, Oldenburg (Oldenburg), and Oldenburg Münsterland), as well as Bremen (opened 1 July 2009), and previously Bremerhaven (opened 4 October 2010) a ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Oldenburg Münsterland
The Oldenburg Münsterland, otherwise called Oldenburger Münsterland or Oldenburgisches Münsterland, is a region in Lower Saxony, Germany and the administrative area that comprises the federal districts of Cloppenburg and Vechta. Unofficially, it is also called ''Südoldenburg''; its inhabitants call themselves ''Südoldenburger'' accordingly. The denominative ''Oldenburger Münsterländer'' is rather uncommon. History In 1252, the Prince-Bishopric of Münster acquired the former County of Ravensberg-Vechta. With the conquest of the former Tecklenburg office of Cloppenburg in 1400, the common history of today's Oldenburg Münsterland in the Lower Chapter of Münster began. In 1668, the Bishop of Münster also gained ecclesiastical sovereignty over Lower Saxony. As a result of the '' Reichsdeputationshauptschluss'' of 25 February 1803, the Protestant Duke of Oldenburg gained state power over the offices of Cloppenburg and Vechta, whose population has remained predominantl ...
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Banks Established In 1868
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 anc ...
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Oldenburg Land
Oldenburg Land (german: Oldenburger Land) is a region and regional association in the German state of Lower Saxony in the area of the former Grand Duchy of Oldenburg (1815–1918), the later Free State of Oldenburg (1918–1946) and administrative district of Oldenburg (1946 to 1978), without its exclaves, along the rivers Hunte and Hase. In the region between Waterkant, Dümmer and Damme Hills some of the population still speak Low German today and, in Saterland also Saterland Frisian. The region is rich in old Lower Saxon customs such as ''Schützenfests'' or '' Kohlfahrten''. Typical country sports include '' Klootschießen'' and ''Boßeln''. The mainly Catholic southern part of the Oldenburg Land is known as Oldenburg Münsterland, the mainly Lutheran northern part is known as Oldenburg Land (''Old Oldenburg'') in its narrower sense. In terms of Germany's modern administrative districts, Oldenburg Land roughly corresponds to Ammerland, Cloppenburg, Delmenhorst, Friesland, ...
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Companies Based In Lower Saxony
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Former Central Banks
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ad ...
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BaFin
The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance. BaFin supervises about 2,700 banks, 800 financial services institutions, and over 700 insurance undertakings. History Background Prudential banking supervision in Germany essentially started as a consequence of the banking crisis of 1931, prior to which the only supervised credit institutions were the public savings banks. On , a decree established the office of (), for which Chancellor Heinrich Brüning appointed . In 1934, this was transformed into the , by new comprehensive banking legislation (german: Kreditwesengesetz of ). Initially the Reichsbank was associated with the supervisory p ...
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Apollo Global Management
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, including $372 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $80.7 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Since inception in 1990, private-equity funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees. Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan. Apollo is headquartered in the Solow Building at 9 West 57th Street in New York City, with off ...
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Allianz
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The company is a component of the Euro Stoxx 50 stock market index. Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €2,432 billion of assets under management (AuM), of which €1,775 billion are third-party assets (Q1 2021). Allianz sold Dresdner Bank to Commerzbank in November 2008. History Foundation ''Allianz AG'' was founded in Berlin on 5 February 1890 by then-director of the ''Munich Reinsurance Company'' Carl von Thieme (a native of Erfurt, whose father was the director of the insurance company ''Thuringia'') and Wilhelm von Finck (co-owner of the ''Merck Finck & Co. Bank''). The joint company was listed in Berlin's trade register under the name ''Al ...
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Rheine
Rheine () is a city in the district of Steinfurt in Westphalia, Germany. It is the largest city in the district and the location of Rheine Air Base. Geography Rheine is on the river Ems, approx. north of Münster, approx. west of Osnabrück and east of Hengelo (Netherlands). Division of the city There is no standard division of the city, different divisions are used for different purposes. The districts do not form administrative units. A detailed breakdown includes 21 districts. * Altenrheine * Baarentelgen * Bentlage * Catenhorn * Dorenkamp * Dutum * Elte * Eschendorf * Gellendorf * Hauenhorst * Hörstkamp * Innenstadt (city centre) * Kanalhafen * Mesum * Rodde * Schleupe * Schotthock * Stadtberg * Südesch * Wadelheim * Wietesch The city of Rheine has eleven district advisory councils. For statistical purposes there is a division into 18 statistical districts. Politically, the city is divided into 22 electoral districts. Eschendorf, Dorenkamp and Schotthock are the ...
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North Rhine-Westphalia
North Rhine-Westphalia (german: Nordrhein-Westfalen, ; li, Noordrien-Wesfale ; nds, Noordrhien-Westfalen; ksh, Noodrhing-Wäßßfaale), commonly shortened to NRW (), is a States of Germany, state (''Land'') in Western Germany. With more than 18 million inhabitants, it is the List of German states by population, most populous state of Germany. Apart from the city-states, it is also the List of German states by population density, most densely populated state in Germany. Covering an area of , it is the List of German states by area, fourth-largest German state by size. North Rhine-Westphalia features 30 of the 81 German municipalities with over 100,000 inhabitants, including Cologne (over 1 million), the state capital Düsseldorf, Dortmund and Essen (all about 600,000 inhabitants) and other cities predominantly located in the Rhine-Ruhr metropolitan area, the largest urban area in Germany and the fourth-largest on the European continent. The location of the Rhine-Ruhr at the h ...
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Verden An Der Aller
Verden an der Aller (; Northern Low Saxon: ''Veern''), also called Verden (Aller) or simply Verden, is a town in Lower Saxony, Germany, on the river Aller. It is the district town of the district of Verden in Lower Saxony and an independent municipality ( :de:Selbständige Gemeinde). The town is located in the middle Weser region on the Aller river immediately before it flows into the Weser. As a center of horse breeding and equestrian sports, it bears the nickname "equestrian town". The suffix "Aller" was introduced at a time when the name "Verden" was also common for the French town of Verdun in the German-speaking area. The town name comes from "ford" or "ferry". The town was conveniently located at a ford through the Aller river, near an important trade route. Verden is famous for a massacre of Saxons in 782, committed on the orders of Charlemagne (the Massacre of Verden), for its cathedral, and for its horse-breeding. History In the Early Middle Ages (year 782) there was a m ...
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