Schröder Brothers & Co.
Schröder Gebrüder & Co. was a Hamburg merchant bank that existed from 1846 to 1969 as an independent family-owned company. In 1969, Schröder Gebrüder & Co. was merged with the Schröder, Münchmeyer, Hengst & Co. bank .
The trading house Gebrüder Schröder & Co. was founded in 1846 by the two brothers Johann Rudolph Schröder (1821–1887) and Bernhard Hinrich Schröder (1816–1849) from Quakenbrück . The company was initially active in the goods business and mainly traded in copra, palm kernels, grain, rubber, coffee and saltpeter , but the financing of commercial transactions soon came to the fore. The main focus was the guano trade . In addition, foreign exchange trading and stock exchange transactions were carried out.
In 1856, the company participated in the establishment of the Vereinsbank Hamburg . From the 1880s onwards, investments were made in plantations and breweries in the German colonies . In 1886 Rudolph Freiherr von Schröder (1852–1938) became senior partner. At the end of the 19th century, Schröder Gebrüder & Co. finally rose to become the most important saltpetre supplier for Germany, France, Belgium and Holland. Since Rudolph Freiherr von Schröder's brother Bruno Schröder became the main shareholder in J. Henry Schröder & Co. in 1910 , close business relationships with this bank with an increased focus on financial transactions developed.
After the First World War , the goods business was gradually given up completely. Thanks to good contacts in London, the company survived the two world wars and remained in family ownership. After the Second World War , the focus of business activity was on industrial finance and the financing of foreign trade transactions.
The bank was based at Neuen Jungfernstieg 15.
literature
- Karl Lanz (Hrsg.): Banks of the world. Fritz Knapp Verlag 1963, p. 129.
Remarks
- ↑ Both brothers married daughters of their distant relative Johann Heinrich Schröder .
- ↑ a b see UBS own presentation Source: UBS (PDF; 411 kB) there p. 5.
- ↑ Johann Rudolph Schröder was the son of the founder of the same name. In 1905 he was ennobled. ( German Gender Book 128, 10th Hamburg Volume, Starke, Limburg 1962, p. 180)