Bank house S. Bleichröder
The S. Bleichröder bank was a German private bank .
history
In 1803, Samuel Bleichröder (1779–1855) founded a trading company on Rosenthaler Strasse in Berlin-Mitte . From the early 1830s, Samuel Bleichröder became the preferred Berlin correspondent for the various Rothschild banks in Europe.
From 1855 his son Gerson Bleichröder continued the business, his brother Julius Bleichröder left around 1860 and founded his own banking business. Due to the best contacts to the Reich Chancellor Otto von Bismarck , the bank became a major financier of Prussia . It was a leading participant in the Prussian consortium and raised money for the Austro-Prussian War through government bonds , and, together with other banks, including Mendelssohn & Co. , handled the French reparations payments following the Franco-German War and financed the nationalization of the Prussian railways .
Until the 1880s, the bank was the most important German investor in the Ottoman Empire alongside the Hirsch bank . Regardless of the fact that Hirsch and Bleichröder were quickly ousted from the great strategic projects of the Wilhelmine Empire such as the Baghdad Railway by groups such as Siemens and Deutsche Bank from 1890 onwards, from 1908 to 1918 Bleichröder was one of the most important financiers of those founded by Friedrich Schrader and many Years by him de facto directed German-language Istanbul daily newspaper " Ottoman Lloyd ".
After Gerson's death in 1893, his brother-in-law Julius Leopold Schwabach , a partner since 1870, became the bank's senior manager. In addition to him, the deceased's three sons, Hans von Bleichröder (since around 1881), Georg von Bleichröder (since around 1887) and James von Bleichröder (since 1893) were among the partners. In 1896 Julius Leopold Schwabach's son Paul joined the bank. Good contacts abroad and with Wilhelm II made him an important representative of German high finance .
After the First World War , the importance of the Bleichröder Bank declined significantly. The global economic crisis and the banking crisis ultimately led to greater losses. In 1931 the banking house Gebrüder Arnhold from Dresden became a partner in S. Bleichröder.
The boycott of "Jewish" entrepreneurs and the race laws resulted in massive losses of customers and deposits after 1933. Part of the business was continued from 1937 as Arnhold and S. Bleichroeder, Inc. in New York . In 1937 the Berlin houses were aryanized . They were transferred to Dresdner Bank and Hardy & Co. on February 18, 1938 . In March 1939, the S. Bleichröder and Arnhold brothers were liquidated.
literature
- David S. Landes : The Bleichröder banking house. An interim report. In: Robert Weltsch (ed.): German Judaism, Rise and Crisis. Design, ideas, works. Fourteen monographs. Publication by the Leo Baeck Institute . Deutsche Verlagsanstalt, Stuttgart 1963 pp. 187–215.
- Fritz Stern : Gold and Iron. Bismarck and his banker Bleichröder , Beck-Verlag, Munich 2011.
Web links
Individual evidence
- ↑ Hannah Arendt , 1986, Elements and Origins of Total Rule - Anti-Semitism, Imperialism, Total Rule. 10th edition. Piper, Munich 2005, ISBN 3-492-21032-5 , p. 311.
- ↑ General German Biography & New German Biography (Digital Register), pp. 776/777. ( Online ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. )
- ↑ History of Arnhold and S. Bleichroeder Advisers, LLC (English)
- ^ Klaus-Dietmar Henke , Johannes Bähr, Dieter Ziegler, Harald Wixforth, The Dresdner Bank in the Third Reich. Vol. 2, Oldenbourg Wissenschaftsverlag, 2006, ISBN 3-486-57781-6 . Pp. 149, 154, 160.
