Bank Gutmann

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  Bank Gutmann AG
logo
Country AustriaAustria Austria
Seat Schwarzenbergplatz 16
1010 Vienna
legal form Corporation
Bank code 19140
BIC GUTBATWWXXX
founding 1922
Website www.gutmann.at
Business data 2015
Total assets 641.7 million euros
Employee 210
management
Board Frank W. Lippitt (Chairman)
Matthias Albert
Adolf Hengstschläger
Friedrich Strasser
Supervisory board Alexander Kahane (Chairman)

The private bank Bank Gutmann AG, founded in 1922 with headquarters in Vienna , Schwarzenbergplatz , specializes in asset management and is the market leader in Austria. The private bank is 80 percent owned by the Kahane family, 20 percent is held by executive and non-executive partners. Gutmann currently manages customer assets of EUR 18.4 billion (as of 2015). Customers include domestic and foreign entrepreneurs as well as entrepreneurial families, foundations, wealthy private customers and institutional investors.

history

Founded in 1922, Bank Gutmann was active in all areas of the banking business at the time with the exception of accepting savings deposits and issuing bonds and Pfandbriefe . Customers included the most important group companies of the Gutmann Group, but also some companies that did not belong to it. Bank Gutmann managed the finances for the companies of the Gutmann Group, but was not involved in them. The Gutmann Group was badly hit by the global economic crisis in the 1930s. After the National Socialists came to power in 1938, the Gutmann family's assets were “ Aryanized ”. In this context, the liquidation of Bank Gutmann was initiated, but not ended by the end of the Second World War . In 1947 the Gutmann family successfully applied to the Austrian Ministry of Finance to end the liquidation and to revive the banking license . In the following period, however, Bank Gutmann did not develop any activities other than paying pensions for former employees. In 1957, Karl Kahane acquired the bank from the Gutmanns and began to rebuild the banking business. The focus was initially on the processing of foreign exchange transactions for leading Austrian companies. After expanding further business areas, Bank Gutmann was converted into a stock corporation in 1971 . In the 1980s, Bank Gutmann placed bonds from the Republic of Austria and state-related utility and road construction companies with the country's leading insurance institutes. In the mid-1980s, the bank decided to focus its business on asset management . The establishment of external pension funds in the 2000s was also supported by Bank Gutmann as an investor and advisor.

Business area

Bank Gutmann has specialized in asset management and investment advice since the 1980s.

Gutmann customers include domestic and foreign entrepreneurs, foundations, wealthy private customers and families as well as institutional investors. In addition to asset management and investment advice for private customers, the field of work also includes looking after institutional customers. Private equity and real estate have also developed into specific areas of competence over the years. In addition to the core business in Austria, Bank Gutmann looks after customers from Central and Eastern Europe, Germany and Latin America. The company has its own local branches in Hungary (Budapest) and the Czech Republic (Prague).

Teaching and Research

Founded in 2001, the "WU Gutmann Center for Portfolio Management" stands for the combination of practice and theory.

Gutmann Kapitalanlageaktiengesellschaft KAG

Gutmann Kapitalanlageaktiengesellschaft is a 100 percent subsidiary of Bank Gutmann AG and currently manages around 130 investment funds with a total volume of around EUR 7.5 billion (as of 2015).

Web links

Individual evidence

  1. ↑ a b query for bank code 19140. In: SEPA payments directory of the Oesterreichische Nationalbank (OeNB) . (Requires browser reloading.)
  2. ↑ [1] (PDF; 509 kB)
  3. ↑ Archive link ( Memento of the original from January 10, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.fma.gv.at
  4. ↑ Peter Eigner / Helmut Falschlehner / Andreas Resch: "History of Austrian Private Banks - From Rothschild to Spängleer", Springer VS, Wiesbaden 2018, pp. 317-318, ISBN 978-3-658-20124-1
  5. ↑ https://www.gutmann.at/gutmann#gutmann/gruppe
  6. ↑ https://www.gutmann.at/gutmann#gutmann/internationales-netzwerk

Coordinates: 48 ° 12 ′ 2.7 ″  N , 16 ° 22 ′ 27 ″  E