The Norddeutsche Bank was a German
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 ...
that existed from 1856 to 1929. It was established by
Berenberg Bank
Joh. Berenberg, Gossler & Co. KG, commonly known as Berenberg Bank and also branded as simply Berenberg, is a multinational full-service investment bank based in Hamburg, Germany.
It was founded by the Flemish Berenberg family in 1590 () and ...
,
H.J. Merck & Co. and the bank house of
Salomon Heine and private founders such as
Robert Kayser as the first joint-stock bank in northern Germany, becoming the largest bank in
Hamburg
(male), (female) en, Hamburger(s),
Hamburgian(s)
, timezone1 = Central (CET)
, utc_offset1 = +1
, timezone1_DST = Central (CEST)
, utc_offset1_DST = +2
, postal ...
.
[Michael North: "The Great German Banking Houses and International Merchants, Sixteenth to Nineteenth Century", in: ]Alice Teichova
Alice Teichova (''née'' Schwarz)Richard EvansMikuláš Teich obituary: Scholar who focused on the history of science 5 September 2018. (19 September 1920 – 12 March 2015) was an Austrian-born British economist and economic historian. She was con ...
, Ginette Kurgan-Van Hentenryk and Dieter Ziegler (eds.), ''Banking, Trade and Industry: Europe, America and Asia from the Thirteenth to the Twentieth Century'', Cambridge University Press
Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by Henry VIII of England, King Henry VIII in 1534, it is the oldest university press
A university press is an academic publishing hou ...
, 2011, , p. 46 In 1895 it was merged with the
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 fou ...
, but the two banks continued to operate separately. In 1929 both the Norddeutsche Bank and the Disconto-Gesellschaft were merged into
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 Sto ...
.
References
Further reading
* Morten Reitmeyer: ''Bankiers im Kaiserreich. Sozialprofil und Habitus der deutschen Hochfinanz''. Göttingen 1999, .
External links
*
Defunct banks of Germany
Banks established in 1856
1929 disestablishments in Germany
Deutsche Bank
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