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Württembergische Notenbank
The ''Württembergische Notenbank'' () was a German bank founded in 1871 and based in Stuttgart. It issued its own banknotes until 1935, when it was renamed ''Württembergische Bank'' (). In 1978, it merged with the Bank of Baden and private-sector to form , which in turn was merged in 2005 into Landesbank Baden-Württemberg. Overview No fewer than seven different projects of creating a central bank for the Kingdom of Württemberg between 1848 and 1866. The decision was precipitated by the founding of the German Empire in 1871, which meant that individual German states would soon lose their right to legislate with regard to the monetary system. Württemberg decided to pre-empt this situation by creating a note-issuing bank before the entry into force of the interdiction to do so. The Württembergische Notenbank was thus authorized by legislation of July 1871, registered on , and granted a note-issuance privilege on , less than two weeks before the deadline set by imperial law. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Württemberg 50 RM 1925
Württemberg ( ; ) is a historical German territory roughly corresponding to the cultural and linguistic region of Swabia. The main town of the region is Stuttgart. Together with Baden and Hohenzollern, two other historical territories, Württemberg now forms the Federal State of Baden-Württemberg. Württemberg was formerly also spelled Würtemberg and Wirtemberg. History Originally part of the old Duchy of Swabia, its history can be summarized in the following periods: *County of Württemberg (1083–1495) *Duchy of Württemberg (1495–1803) *Electorate of Württemberg (1803–1806) *Kingdom of Württemberg (1806–1918) *Free People's State of Württemberg (1918–1945) After World War II, it was split into Württemberg-Baden and Württemberg-Hohenzollern owing to the different occupation zones of the United States and France. Finally, in 1952, it was integrated into Baden-Württemberg. Stuttgart, the historical capital city of Württemberg, became the capital of the pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free People's State Of Württemberg
The Free People's State of Württemberg () was a state which existed in the Weimar Republic and from 1933 in Nazi Germany. History Revolution in Württemberg With the German revolution near the end of World War I, the Kingdom of Württemberg was transformed from a monarchy to a democratic republic without bloodshed; its borders and internal administration remained unchanged. King William II of Württemberg abdicated on 30 November 1918. Following the introduction of a new constitution (significantly amended later in the year) by an assembly elected in January, and the Weimar Constitution in 1919, Württemberg was re-established as a member state of the German Reich.Article 1 of the Württemberg constitution (25 September 1919) states: "Württemberg is a democratic republic and member of the German Reich. Its state authority is exerted in accordance with both this constitution and German national law". Article 2 of the Weimar Constitution (11 August 1919) states: "The territ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1871
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. As 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 ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Germany
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product In Industry (economics), industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the Product engineering, engineering, Product design, design, and Manufacturing, ma ... * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Public Banking Sector
The German public banking sector () represents a significant share of the broader banking sector in Germany. Unlike in most other Western and Central European countries, German public-sector banks have been present since the early phases of formalization of banking entities in the early modern period and have never lost their collective significance. They are typically referred to as one of the three “pillars” of the German banking system, the other two pillars being the cooperative banks and commercial banks. Following many steps of development, consolidation, and restructuring, the German public banking sector (leaving aside the Deutsche Bundesbank) consists mainly of two clusters: the Sparkassen-Finanzgruppe, which competes with commercial and cooperative banks and includes local savings banks () and regional entities (); and promotional and development banks () owned by the Federal Republic of Germany (in the case of KfW) or the individual states of Germany. History Gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Saxony
The Bank of Saxony () was a German bank founded in 1865, based in Dresden. It issued its own banknotes until 1935, and was liquidated following World War II. History The (Bank of Saxony at Dresden) was founded with a state concession on and a capital of 5 million thalers. In 1869 it settled its head office in the former , a historic building at Schloßstraße 7 in the center of Dresden, whose façade it remodeled to a design by architect . In 1873 the capital was increased by 5 million thalers, and later changed to 30 million mark (currency)#19th century, marks. With the founding of the German Empire in 1871, individual states such as the Kingdom of Saxony lost their right to legislate with regard to the monetary system. The Reichsbank, established by imperial legislation of , did not receive a monopoly on the issue of banknotes, however, and the existing local central banks retained the right to issue banknotes to the extent set out in an appendix to Section 9 of the law. Amon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurter Bank
The ''Frankfurter Bank'' was a German bank founded in 1854 in Frankfurt, which issued its own banknotes until 1901. On , it merged with the Berliner Handels-Gesellschaft to form , generally referred to as BHF Bank until 2017 and since then as ODDO BHF. Overview The Frankfurter Bank was founded in 1854 to serve as a bank of issue for the then-autonomous Free City of Frankfurt, realizing a project that had long been under discussion but was accelerated by the nearby establishment of the Darmstädter Bank the previous year. The bank was sponsored by local banking houses including M. A. Rothschild & Söhne, Bethmann Bank, and , and authorized by the Frankfurt municipal council; the initial share subscription was oversubscribed 16 times, above all expectations. Its first general manager was . The bank issued banknotes denominated in Guilders (), by then the monetary standard in the South German area of which Frankfurt was part. Together with the Bank of Bremen, it was viewed as m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Prussia
The Bank of Prussia () was the central bank of the Kingdom of Prussia. It was originally founded by Frederick the Great in 1765-1766 as the state-owned Prussian Royal Bank ( or ). In 1847, it was reorganized as a formally private-sector entity and renamed the Bank of Prussia. It operated until , when it was succeeded by the newly created Reichsbank. Prussian Royal Bank Frederick II founded the Royal Bank on , but it soon ran into financial trouble and had to be granted a revised charter to issue banknotes on , which is why 1766 is often referred to as its founding date; it started operations under that new guise in 1767. The bank was located at Jägerstrasse 34-35 in Berlin's Friedrichswerder district, originally only on the ground floor of a building that had been erected by architect Johann Arnold Nering in 1690 as a home for the chief huntmaster of Brandenburg. Around 1786, the bank expanded into the whole building. The Royal Bank's equity capital became negative in 1806 f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamburger Bank
The ''Hamburger Bank'' () was a public credit institution founded in 1619 by the Hamburg, Free City of Hamburg. It operated independently until 31 December 1875, when it became part of the newly created Reichsbank. History The Hamburg City Council made the decision to create the bank in February 1619, following lengthy negotiations with its civic stakeholders. It was intended to improve monetary stability in the context of the Kipper und Wipper episode of German monetary turmoil, and to simplify trade between merchants; its model was the Bank of Amsterdam which had been founded a decade earlier. The numerous English merchant adventurers, Portuguese Sephardi Jews and Dutch religious refugees living in Hamburg at the time brought their capital and knowledge to the bank, thus contributing to its initial success. The bank was administered free of charge by two senators, two City elders (''Oberalten''), two "treasury citizens" (''Kammereibürger'') and five "bank citizens" (''Bancob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nazi
Nazism (), formally named National Socialism (NS; , ), is the far-right politics, far-right Totalitarianism, totalitarian socio-political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in Germany. During Hitler's rise to power, it was frequently referred to as Hitler Fascism () and Hitlerism (). The term "neo-Nazism" is applied to other far-right groups with similar ideology, which formed after World War II, and after Nazi Germany collapsed. Nazism is a form of fascism, with disdain for liberal democracy and the parliamentary system. Its beliefs include support for dictatorship, fervent antisemitism, anti-communism, anti-Slavism, anti-Romani sentiment, scientific racism, white supremacy, Nordicism, social Darwinism, homophobia, ableism, and the use of eugenics. The ultranationalism of the Nazis originated in pan-Germanism and the ethno-nationalist ''Völkisch movement, Völkisch'' movement which had been a prominent aspect of German nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saxony
Saxony, officially the Free State of Saxony, is a landlocked state of Germany, bordering the states of Brandenburg, Saxony-Anhalt, Thuringia, and Bavaria, as well as the countries of Poland and the Czech Republic. Its capital is Dresden, and its largest city is Leipzig. Saxony is the List of German states by area, tenth largest of Germany's sixteen states, with an area of , and the List of German states by population, sixth most populous, with more than 4 million inhabitants. The term Saxony (other), Saxony has been in use for more than a millennium. It was used for the medieval Duchy of Saxony, the Electorate of Saxony of the Holy Roman Empire, the Kingdom of Saxony, and twice for a republic. The first Free State of Saxony was established in 1918 as a constituent state of the Weimar Republic. After World War II, it was under Soviet occupation before it became part of communist East Germany and was abolished by the government in 1952. Following German reunificat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stuttgart
Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the Swabian Jura and the Black Forest. Stuttgart has a population of 632,865 as of 2022, making it the list of cities in Germany by population, sixth largest city in Germany, while over 2.8 million people live in the city's administrative region and nearly 5.5 million people in Stuttgart Metropolitan Region, its metropolitan area, making it the metropolitan regions in Germany, fourth largest metropolitan area in Germany. The city and metropolitan area are consistently ranked among the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, top 5 Europea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
