Bass & Heart
The Bass & Heart bank was a Frankfurt private bank and existed from 1862 to 1974.
history
The bank was founded in 1862 as a foreign trade bank in Frankfurt am Main by Jacob Adolph Bass and Max Herz . Since 1875 the bank has been managed by Alfred Weinschenk .
In the 1930s, shareholders in the bank were Hans Weinschenk (born 1891; a son of Alfred Weinschenk) as well as Herbert Ritter von Marx and (until 1938) Paul Hattensaur .
Weinschenk was of Jewish faith; Marx originally too, but converted to Christianity. Hans Weinschenk withdrew from the business in 1936 under pressure from the Nazis and emigrated. Instead, an “Aryan” partner, Ferdinand A. Prinz Lobkowitz , was accepted as a partner, but he left in 1938. After the death of Paul Hattensaur, Herbert Ritter von Marx remained the sole owner. In September 1938 the bank was “ Aryanized ” by transferring all assets to the B. Metzler seel bank . Sohn & Co. were transferred.
After the Second World War , the banking house belonged to Hans Ulrich Graf Schaffgotsch .
In 1974 the bank became insolvent . It collapsed shortly after the Herstatt Bank went bankrupt .
Individual evidence
- ^ Ingo Köhler: The Aryanization of the private banks in the Third Reich : displacement, elimination and the question of reparation, Munich: CH Beck 2005, pp. 312-315
- ↑ The leftovers are coming. In: Der Spiegel. August 19, 1974. Retrieved August 21, 2014 .
- ↑ Fear of the corpses in the basement. In: The time. August 16, 1974. Retrieved August 21, 2014 .