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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 is the world's oldest merchant bank. Its owners, the Berenberg/ Gossler family, belonged to the ruling elite of Hanseatic merchants of the city-republic of Hamburg and several family members served in the city-state's government from 1735. Like many other merchant bankers, the Berenbergs were originally cloth merchants. The bank's name refers to Johann Berenberg, his son-in-law Johann Hinrich Gossler and the latter's son-in-law L.E. Seyler, and has remained unchanged since 1791. The bank has operated continuously since 1590 and is still part-owned by members of the Berenberg-Gossler family. Berenberg Bank is active in investment banking, particularly pan-European equity research, brokerage and capital markets transactions, in additio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berenberg Bank Logo (2013 Version)
The Berenberg family (Dutch for "bear mountain") was a Flemish-origined Hanseatic family of merchants, bankers and senators in Hamburg, with branches in London, Livorno and other European cities. The family was descended from the brothers Hans and Paul Berenberg from Antwerp, who came as Protestant refugees to the city-republic of Hamburg following the Fall of Antwerp in 1585 and who established what is now Berenberg Bank in Hamburg in 1590. The Berenbergs were originally cloth merchants and became involved in merchant banking in the 17th century. Having existed continuously since 1590, Berenberg Bank is the world's oldest surviving merchant bank. The Berenberg banking family became extinct in the male line with Elisabeth Berenberg (1749–1822); she was married to Johann Hinrich Gossler, who became a co-owner of the bank in 1769. From the late 18th century, the Gossler family, as owners of Berenberg Bank, rose to great prominence in Hamburg, and was widely considered one of Ham ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossler Family
The Gossler family (also spelled Goßler, historically also Gosler), including the Berenberg-Gossler branch, is a Hanseatic and partially noble banking family from Hamburg. The family is descended from weavers and burghers in the city-republic of Hamburg, and rose to great prominence in Hamburg in the late 18th century as a result of Johann Hinrich Gossler's marriage to Elisabeth Berenberg, the last member of the Belgian-origined Berenberg family and the sole heir to Berenberg Bank. Through marriage, the family thus became the main owners of the bank, which has legally been named ''Joh. Berenberg, Gossler & Co.'' since 1791. Since the late 18th century the family has been widely regarded as one of the two most prominent Hanseatic families of Hamburg, alongside the closely related Amsinck family. A branch of the Gossler family was granted the name Berenberg-Gossler by the Hamburg Senate in 1880 and was later—controversially in the republic of Hamburg, which did not recognise t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Banking
Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that specializes in private banking is called a private bank. Private banking is a more exclusive subset of wealth management, geared toward exceptionally affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager. History Private banking is how banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Market
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market, though sales to individu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brokerage Firm
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate or stock broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers for the perfe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Research
Securities research is a discipline within the financial services industry. Securities research professionals are known most generally as "analysts", "research analysts", or "securities analysts"; all the foregoing terms are synonymous. Research analysts produce research reports and typically issue a recommendation: buy ("overweight"), hold, or sell ("underweight"); see target price and trade idea. These reports can be accessed from a number of sources, and brokerages will often offer the reports free to their customers. Research can be categorized by the security type, as well as by whether it is buy-side research or sell-side research; analysts further focus on particular industries. Although usually associated with fundamental analysis, research also focuses on technical analysis, and reports will often include both. See also Financial analyst #Securities firms. Analyst specialization Securities analysts are commonly divided between the two basic kinds of securities: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ludwig Erdwin Seyler
Ludwig Erdwin Seyler (15 May 1758 – 26 October 1836; often known as ''L.E. Seyler'') was a German banker, merchant and politician. He was by marriage a member of the Hanseaten (class), Hanseatic Berenberg family, Berenberg banking dynasty, and was a partner in the Hamburg firm Berenberg Bank, Joh. Berenberg, Gossler & Co. (Berenberg Bank) for 48 years (1788–1836), for 46 years as the company's senior partner. The "Co." part of the company name refers to him. Seyler was one of the first merchants and bankers from modern Germany to establish trade relations with the United States and East Asia. He served as a member of the government of Hamburg during the Napoleonic Wars and later as the President of the Hamburg Chamber of Commerce, Commercial Deputation, one of the city-state's main political bodies, and as a member of the Hamburg Parliament. Ludwig Seyler was a son of the Swiss-born theatre director Abel Seyler and a son-in-law of the bankers Johann Hinrich Gossler and Elisabeth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johann Hinrich Gossler
Johann Hinrich Gossler (born 18 August 1738 in Hamburg, died 31 August 1790 in Hamburg) was a German banker and grand burgher of Hamburg, a member of the Hanseatic Berenberg/Gossler banking dynasty and the owner and head of the firm Joh. Berenberg, Gossler & Co. (Berenberg Bank). He was married to Elisabeth Berenberg (1749–1822), the only heir of the Berenberg banking family. The Gossler Islands in Antarctica are named in honour of his family. Background Johann Hinrich Gossler was a son of Johan Eibert Gossler (1700–1776), an accountant and burgher of Hamburg who had bought the office of ''Herrenschenk'' for 10,600 mark, making him master of ceremonies of the Hamburg council. The Gossler family had been burghers and velvet makers in Hamburg at least since the 17th century. The name Gossler appears in the city already in the 14th century, although it is unknown if it is the same family. Gossler's maternal grandfather Jürgen Friedrich Boedecker was a Hamburg merchant and gran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johann Berenberg
Johann Berenberg (born 12 March 1718 in Hamburg, died 2 March 1772 in Hamburg) was a Hamburg merchant banker. He was a co-owner of Berenberg Bank from 1748, with his brother, senator Paul Berenberg, and after the latter's death in 1768 the sole owner. The bank still bears his name (Joh. Berenberg, Gossler & Co.). He was also noted as an art collector and held several public offices in the city-state of Hamburg. He was a son of the Hamburg merchant banker and senator Rudolf Berenberg (1680–1746) and Anna Elisabeth Amsinck (1690–1748), and a grandson of Cornelius Berenberg and of the Lisbon and Hamburg merchant Paul Amsinck. He was also a great-grandson of the scholar Rudolf Capell, and was descended from the Welser family. Both his parents' families were from today's Belgium and the Netherlands, and his family retained its Dutch identity throughout his lifetime. An extensive list of his ancestors is included in the ''Hamburgisches Geschlechterbuch''. The Berenberg company ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamburger Abendblatt
The ''Hamburger Abendblatt'' (English: ''Hamburg Evening Newspaper'') is a German daily newspaper in Hamburg. The paper focuses on news in Hamburg and area, and produces regional supplements with news from Norderstedt, Ahrensburg, Harburg, and Pinneberg. Politically the paper is mildly conservative, but usually pro-government, including during SPD administrations. History and profile Four previous Hamburg newspapers had the word ''Abendblatt'' ("Evening Newspaper") in their title, including one named the ''Hamburger Abendblatt'', founded on 2 May 1820. This incarnation of the ''Hamburger Abendblatt'', however, was first published after World War II beginning on 14 October 1948 with an initial edition of 60,000 copies. The paper received a publishing license from the Hamburg Senate and Mayor Max Brauer, making it the first daily paper of post-war Germany to receive a license from German rather than Allied occupation authorities. After about six months of operation, its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurter Allgemeine Zeitung
The ''Frankfurter Allgemeine Zeitung'' (; ''FAZ''; "''Frankfurt General Newspaper''") is a centre-right conservative-liberal and liberal-conservativeHans Magnus Enzensberger: Alter Wein in neuen Schläuchen' (in German). ''Deutschland Radio'', 16 October 2007 German newspaper founded in 1949. It is published daily in Frankfurt. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own correspondent network. Its editorial policy is not determined by a single editor, but cooperatively by four editors. It is the German newspaper with the widest circulation abroad, with its editors claiming the newspaper is delivered to 148 countries. History The first edition of the ''F.A.Z.'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cloth Merchant
In the Middle Ages or 16th and 17th centuries, a cloth merchant was one who owned or ran a cloth (often wool) manufacturing or wholesale import or export business. A cloth merchant might additionally own a number of draper's shops. Cloth was extremely expensive and cloth merchants were often very wealthy. A number of Europe's leading banking dynasties such as Medici and Berenberg built their original fortunes as cloth merchants. In England, cloth merchants might be members of one of the important trade guilds, such as the Worshipful Company of Drapers. Alternative names are clothier, which tended to refer more to someone engaged in production and the sale of cloth, whereas a cloth merchant would be more concerned with distribution, including overseas trade, or haberdasher, who were merchants in sewn and fine fabrics (e.g. silk) and in London, members of the Haberdashers' Company. The largely obsolete term merchant taylor also describes a business person who trades in textiles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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