S M Von Rothschild
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S M Von Rothschild
S M von Rothschild was a banking enterprise established in 1820 in Vienna, Austrian Empire by Salomon Mayer Rothschild, the founder of the Rothschild banking family of Austria and a member of the Mayer Amschel Rothschild family of Frankfurt, Germany. The business prospered, financing various Austrian government undertakings where large amounts of capital had to be raised. The bank played a major role in the building of the country's economic infrastructure including the first rail transport networks. Passed down to Salomon Mayer Rothschild's male heirs, the bank would be run by Anselm von Rothschild (President: 1848–1874), Albert Salomon von Rothschild (President: 1874–1911), and Louis Nathaniel von Rothschild (President: 1911–1939). The 13 March 1938 Anschluss of Austria to Nazi Germany marked the forced end of the Rothschild's business in Austria. Because he was Jew Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation ori ...
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Salomon Rothschild
Salomon Mayer von Rothschild (9 September 1774 – 28 July 1855) was a German-born banker in the Austrian Empire and the founder of the Austrian branch of the prominent Mayer Amschel Rothschild family. Family He was born at Frankfurt am Main the third child and second son of Mayer Amschel Rothschild (1744–1812) and Gutlé Schnapper (1753–1849). In 1800, he married Caroline Stern (1782–1854). They had the following children: # Anselm Salomon (1803–1874) - married his cousin Charlotte Nathan Rothschild in 1826. # Betty von Rothschild (1805–1886) - married her uncle James Mayer de Rothschild in 1824. His father had built a hugely prosperous banking business in Germany. Wanting to expand the family business across Europe, the eldest Rothschild son remained in Frankfurt, while each of the other four sons were sent to different European cities to establish a banking branch. Salomon von Rothschild was made a shareholder of the de Rothschild Frères bank when it was opened ...
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Louis Nathaniel Von Rothschild
Louis Nathaniel, Baron de Rothschild (german: Ludwig Nathaniel, Freiherr von Rothschild) was an Austrian baron from the famous Rothschild family. He was born in Vienna on 5 March 1882 and died of heart failure while swimming in Montego Bay, Jamaica on 15 January 1955. Early life He was the son of Baron Albert Salomon Anselm von Rothschild and Bettina Caroline de Rothschild (1858–1892). He owned a spectacular palace in Vienna, the Palais Rothschild, that housed an exquisite art collection and antiques. Banker After the death of his father, Albert Rothschild, in 1911, he took over the management of the Creditanstalt bank and industrial companies owned by the Austrian branch of the Rothschilds. Held for ransom by Nazis After the Anschluß of Austria to Nazi Germany in March 1938, he was arrested at the airport at Aspern and held for ransom by the Nazis. He was released only after lengthy negotiations between the family and the Nazis and upon payment of $21,000,000, believe ...
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Jewish Austrian History
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The people of the Kingdom of Israel and the ethnic and religious group known as the Jewish people that descended from them have been subjected to a number of forced migrations in their history" and Hebrews of historical Israel and Judah. Jewish ethnicity, nationhood, and religion are strongly interrelated, "Historically, the religious and ethnic dimensions of Jewish identity have been closely interwoven. In fact, so closely bound are they, that the traditional Jewish lexicon hardly distinguishes between the two concepts. Jewish religious practice, by definition, was observed exclusively by the Jewish people, and notions of Jewish peoplehood, nation, and community were suffused with faith in the Jewish God, the practice of Jewish (religious) la ...
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Banks Of Austria
This article is intended to give an overview of banking in Austria. Banking system Regulations Since the introduction of the Kreditwesensgesetz (KWG) in 1979, the boundaries between the various types of credit institutions have gradually become blurred. Many banks have developed into universal banks offering a comprehensive range of banking services. Prior to the 1979 KWG, the Austrian banking system was still governed by the Kreditwesengesetz, which had been in force since October 1, 1938 in Nazi Germany and the associated Austria. The 1979 KWG was created as a result of the increasing liberalization of the banking system and the general trend towards universal banks. The rapid growth and increased activity of Austrian banks abroad made it necessary to adapt to international standards, which was regulated in the 1986 amendment to the law. On January 1, 1994, the KWG was replaced by the new Banking Act (Bankwesensgesetz- BWG), which was drafted in view of EU conformity and also c ...
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N M Rothschild & Sons
Rothschild & Co is a multinational Investment banking, investment bank and financial services company, and the flagship of the Rothschild banking group controlled by the French and British branches of the Rothschild family. The banking business of the firm covers the areas of investment banking, restructuring, corporate banking, private equity, asset management, and private banking. It is also known to serve as the advisor and lender to governments and major corporations. In addition, the firm has its own investment account in private equity. Rothschild's financial advisory division is known to serve British nobility as well as the British Royal Family. Past chairman Sir Evelyn Robert de Rothschild was the personal financial advisor of Queen Elizabeth II, and she knighted him in 1989 for his services to banking and finance. History Rothschild & Co is the result of a merger between the French and British houses of Rothschild, each with individual but intertwined histories. Brit ...
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De Rothschild Frères
The Rothschild banking family of France (french: Famille banquière Rothschild) is a French banking dynasty founded in 1812 in Paris (at the time in the First French Empire) by James Mayer de Rothschild (1792–1868). James was sent there from his home in Frankfurt, Germany, by his father, Mayer Amschel Rothschild (1744–1812). Wanting his sons to succeed on their own and to expand the family business across Europe, Mayer Amschel Rothschild had his eldest son remain in Frankfurt, while his four other sons were sent to different European cities to establish a financial institution to invest in business and provide banking services. Endogamy within the family was an essential part of the Rothschild strategy in order to ensure control of their wealth remained in family hands. Involvement in finance and industry Through their collaborative efforts, the Rothschilds rose to prominence in a variety of banking endeavors including loans, government bonds and trading in bullion. Their fi ...
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Allied-occupied Austria
The Allied occupation of Austria started on 8 May 1945 with the fall of Nazi Germany and ended with the Austrian State Treaty on 27 July 1955. After the in 1938, Austria had generally been recognized as part of Nazi Germany. In 1943, however, the Allies agreed in the Declaration of Moscow that Austria would instead be regarded as the first victim of Nazi aggression, and treated as a liberated and independent country after the war. In the immediate aftermath of World War II, Austria was divided into four zones and jointly occupied by the United Kingdom, the Soviet Union, the United States, and France. Vienna was similarly subdivided, but the central district was collectively administered by the Allied Control Council. Whereas Germany was divided into East and West Germany in 1949, Austria remained under joint occupation of the Western Allies and the Soviet Union until 1955; its status became a controversial subject in the Cold War until the warming of relations known as th ...
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Nazi Germany
Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was the German state between 1933 and 1945, when Adolf Hitler and the Nazi Party controlled the country, transforming it into a dictatorship. Under Hitler's rule, Germany quickly became a totalitarian state where nearly all aspects of life were controlled by the government. The Third Reich, meaning "Third Realm" or "Third Empire", alluded to the Nazi claim that Nazi Germany was the successor to the earlier Holy Roman Empire (800–1806) and German Empire (1871–1918). The Third Reich, which Hitler and the Nazis referred to as the Thousand-Year Reich, ended in May 1945 after just 12 years when the Allies defeated Germany, ending World War II in Europe. On 30 January 1933, Hitler was appointed chancellor of Germany, the head of gove ...
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Anschluss
The (, or , ), also known as the (, en, Annexation of Austria), was the annexation of the Federal State of Austria into the German Reich on 13 March 1938. The idea of an (a united Austria and Germany that would form a " Greater Germany") began after the unification of Germany excluded Austria and the German Austrians from the Prussian-dominated German Empire in 1871. Following the end of World War I with the fall of the Austro-Hungarian Empire, in 1918, the newly formed Republic of German-Austria attempted to form a union with Germany, but the Treaty of Saint Germain (10 September 1919) and the Treaty of Versailles (28 June 1919) forbade both the union and the continued use of the name "German-Austria" (); and stripped Austria of some of its territories, such as the Sudetenland. Prior to the , there had been strong support in both Austria and Germany for unification of the two countries. In the immediate aftermath of the dissolution of the Habsburg monarchy—with ...
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Albert Salomon Von Rothschild
Albert Salomon Anselm Freiherr von Rothschild (29 October 1844 – 11 February 1911) was a banker in Austria-Hungary and a member of the Rothschild banking family of Austria. Businesses that he owned included Creditanstalt and the Northern Railway. Personal life Born in Vienna, he was the youngest son of Anselm von Rothschild (1803–1874) and Charlotte von Rothschild (1807–1859). Known in the family as "Salbert," he was educated in Vienna and Brünn/Brno. On his father's death in 1874, brothers Nathaniel and Ferdinand inherited most of their parents real estate and art collection. However, the family business passed to Albert including the S M von Rothschild bank, the single largest shareholding in the Creditanstalt, and the shares in the Northern Railway. After two generations in Austria, communications between his family and the Rothschilds in England had diminished considerably but Albert wisely reinstated the regular exchange of vital information on current e ...
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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 ...
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