Ladenburg Bank
The banking house WH Ladenburg & Söhne was a bank in Mannheim that has been part of Deutsche Bank since 1929 .
The bank was founded by Wolf Hajum Ladenburg (1766–1851). It originated in 1785 from the most humble beginnings as a jewelery and money trading business, but in later decades it promoted all parts of Mannheim's economy by lending generously, so that the history of this bank is linked to the economic history of the city of Mannheim in the 19th century. Even more than the founder Wolf Ladenburg, his son Seligmann Ladenburg and above all Seligmann's son Carl Ladenburg are responsible for it.
history
In 1838 the business was expanded to include a branch in Frankfurt am Main , which was founded by the grandson Ludwig Ladenburg, Hermann Ladenburg's son, and taken over in 1848 by his brother Emil Ladenburg . Further branches were opened in Vienna, London and New York.
Under the leadership of Seligmann Ladenburg, the Mannheim parent company was regarded as a specialist in industrial finance. For example, as early as 1842, together with the Hohenemser bank , the Mayer cigar factories and others, it was instrumental in founding the Mannheim steam tugboat company. On March 25, 1865, it carried the Badische Anilin- u. Soda-Fabrik (BASF) in Ludwigshafen in the commercial register. The inaugural meeting had been held in his private home in March and six members of the Ladenburg family were present.
In 1870 the banking house WH Ladenburg und Sons was a majority co-founder of the new Rheinische Creditbank and in 1871 co-founder of the Rheinische Hypothekenbank . Over the years, Rheinische Creditbank took over numerous other private banks, most recently in 1919 the HL Hohenemser und Söhne bank .
In 1905 the Ladenburg bank held 60 percent of the newly founded Süddeutsche Disconto-Gesellschaft , an offshoot of the Deutsche Disconto-Gesellschaft in Berlin. Due to the increasing number of industrial holdings and the resulting growing responsibility, a number of private banks are merging to form larger joint-stock companies. So finally the Süddeutsche Disconto-Gesellschaft merged together with the Rheinische Creditbank and others on October 29, 1929 with the Deutsche Bank . For its part, Deutsche Bank had acquired shares in Rheinische Creditbank years earlier . Thus, the Mannheim banking house founded by Wolf Ladenburg in 1785 can also be described as a predecessor of Deutsche Bank .
See also
literature
- Sigismund von Dobschütz: The ancestors of Elisabeth Goldschmidt from Kassel and Mannheim. - First publication: Hessische Familienkunde (HFK), publisher: Working Group of Family Studies Societies in Hessen, Volume 24, Issue 4/1998, Pages 161f., Verlagdruckerei Schmidt, Neustadt (Aisch) 1998, ISSN 0018-1064 . - New publication with additions and corrections: "Maajan - The Source", Issue 76, Swiss Association for Jewish Genealogy, Zurich 2005, ISSN 1011-4009 .
Web links
Bankhaus Ladenburg , city points, Mannheim history on site (PDF 621 kB)