Hallbaum Bank

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  Hallbaum Bank
logo
Headquarters in Hanover
Country GermanyGermany Germany
Seat Hanover
legal form Branch
of MMWarburg & CO (since 2016)
Bank code 250 601 80
BIC HALL DE2H XXX
founding 1879
Website www.bankhaus-hallbaum.de
Business data 2015
Total assets 509.6 million euros
insoles 373.8 million euros
Customer credit 311.7 million euros
Employee 105
Offices 3

The bank Hallbaum with locations in Hannover , Göttingen and Osnabrück is the largest private bank in Lower Saxony. Since 2016 it has operated as a branch of the Hamburg private bank MMWarburg & CO .

history

The Hanoverian private bank was founded in Strasbourg in 1879 and, in its later form, was based on the merger of the Julius Maier and Comp. and Franz Hallbaum & Co. returned to Bankhaus Hallbaum, Maier & Co. in 1955.

In 1879 Julius Jacob Maier laid the foundations for today's bank in Strasbourg. He expanded the exchange office that his father had run in previous years into a banking business. After the turmoil of the First World War, he moved it in 1919 as Julius Maier und Comp. operating bank to Hanover and was able to successfully expand the banking business in a difficult economic environment. The bank's main focus was on foreign exchange and international business, which enabled the bank to remain true to its tradition of currency exchange.

In Hanover, Franz Hallbaum already ran his bank, which was founded in 1908 as Franz Hallbaum & Co. , which from the outset focused on securities and securities premium business for private customers.

On February 15, 1955, the two rapidly expanding banks merged to form Bankhaus Hallbaum, Maier & Co.

In the further course of the company's history, expansion was driven by the takeover of the banks Mercklin & Schumacher (1967) and Egon Hellmann (1968) as well as the start of the business activities of the Hanover branch of Deutsche Gewerbe- und Landkreditbank AG (1978) and the bank became the largest private bank in Lower Saxony expanded.

Recent past

Goettingen branch

After the majority of the shares had now been held by today's DZ Bank, in 1997 the entire share capital was taken over by the Hamburg-based private bank MMWarburg & CO, which has been independent and owner-managed since 1798. Bankhaus Hallbaum now belonged to the owner-managed private banking group with its sister banks, Bankhaus Carl F. Plump & Co. AG, Bremen, Bankhaus Löbbecke AG, Berlin, Marcard, Stein & Co AG, Hamburg, MMWarburg & CO Hypothekenbank AG, Hamburg, MMWarburg & CO Luxembourg SA, Luxembourg, MMWarburg Bank (Schweiz) AG, Zurich, Schwäbische Bank AG, Stuttgart. In 2016 the companies Bankhaus Hallbaum, Bankhaus Plump, Bankhaus Löbbecke and Schwäbische Bank merged with MMWarburg & CO. Since then they have been operating as branches, names and locations have been retained.

The business area essentially comprised the historic state of Hanover as it later became part of the state of Lower Saxony. The focus of business activity was on asset management and support for wealthy private clients, entrepreneurs and institutional addresses, such as B. Insurance companies, and in corporate banking including loan financing.

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Annual Report 2015 (PDF; 159 kB)
  3. Warburg Bank goes on the offensive with structural reform - Kurztext boersen-zeitung.de. In: www.boersen-zeitung.de. Retrieved October 10, 2016 .
  4. ^ Julius Maier & Comp., Limited partnership, Bankhaus Hannover. In: Industrielle Welt, a collection of biographical representations from trade and industry in words and pictures. Münchener Kunst-Verlag, Munich around 1930.
  5. a b Julius Maier u. Comp. (1954): Bankhaus Julius Maier u. Comp. In: Industrielle Welt, a collection of biographical representations from trade and industry in words and pictures. Münchener Kunst-Verlag, Munich around 1930.
  6. a b Klaus Mlynek, Waldemar R. Röhrbein (eds.) U. a .: City Lexicon Hanover . From the beginning to the present. Schlütersche, Hannover 2009, ISBN 978-3-89993-662-9 , p. 47.
  7. Banken, Beteiligungen and Warburg Verbund- Die Gruppe Website MMWarburg & CO, accessed on April 16, 2013.

Coordinates: 52 ° 22 ′ 24.2 "  N , 9 ° 44 ′ 31.7"  E