Frankfurter Bankgesellschaft (Switzerland)

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  Frankfurter Bankgesellschaft (Schweiz) AG
Country SwitzerlandSwitzerland Switzerland
Seat Zurich
legal form Corporation
IID 8288
BIC FBGSCHZZXXX
founding 1955
Website www.frankfurter-bankgesellschaft.com
Business data 2018
Employee around 200
management
Board of Directors Thomas Groß (Chairman of the Board of Directors)
Corporate management

Holger Mai (CEO)

Headquarters in Zurich

The Frankfurter Bankgesellschaft (Switzerland) AG is a Swiss private bank based in Zurich . It is the private bank of the Sparkassen-Finanzgruppe . Frankfurter Bankgesellschaft (Schweiz) AG has two subsidiaries , Frankfurter Bankgesellschaft (Deutschland) AG and the family office of Frankfurter Bankgesellschaft AG . In addition, it has a 75.1% stake in IMAP Management Consultants AG .

The managed client assets of the Frankfurter Bankgesellschaft Group amount to around 12 billion Swiss francs . The sole owner of the Frankfurter Bankgesellschaft is Landesbank Hessen-Thüringen  (Helaba) in Frankfurt am Main . The group employs around 270 people.

history

Bankenunion and Frankfurter Bankgesellschaft AG

The Deutsche Spar- und Kreditbank  (DSK), founded by Merck Finck & Co , was looking for a partner for its branches in the Frankfurt area, similar to the one in the Hamburg area , which led to the founding of the Nordbank . In 1969, for example, the Deutsche Spar- und Kreditbank (30%) founded  the Bankenunion AG together with the Frankfurter Sparkasse  (30%), the Württembergische Landessparkasse (30%) and the Nordbank (10%) . With the entry of Naspa  (5%), the stake of the three major shareholders was reduced to 28.33 percent each.

In August 2000, the banking union changed its name to Frankfurter Bankgesellschaft AG and expanded its clientele to include wealthy private customers. The naming rights for the name Frankfurter Bankgesellschaft AG had the Frankfurter Sparkasse from Bankhaus Lampe acquired (see Frankfurter Bankgesellschaft 1899 ).

Most recently, Frankfurter Sparkasse and Banca Carige each held 47.5% of Bankenunion AG , the remaining 5% were held by Südtiroler Sparkasse . The focus of business activities was the syndicated loan and leasing business as well as securities trading for corporate customers and institutional investors.

In 2007, Frankfurter Sparkasse acquired 100% of Frankfurter Bankgesellschaft.

LB (Swiss) Privatbank AG

The roots of LB (Swiss) Privatbank AG go back to 1955. In 1991 the Bayerische Landesbank took over 100 percent of the private bank.

In 2001 , Bayerische Landesbank merged with Helaba (Schweiz) Landesbank Hessen-Thüringen AG, whereby both Bayerische Landesbank and Helaba (Schweiz) AG each received 50 percent of the shares in LB (Swiss) Privatbank AG.

Due to regulatory requirements, Helaba received 100 percent of the shares in 2009.

Takeover of Frankfurter Bankgesellschaft by LB (Swiss) Privatbank and change of name

With the realignment of Landesbank Hessen-Thüringen in 2010, LB (Swiss) Privatbank AG acquired Frankfurter Bankgesellschaft and its naming rights from Frankfurter Sparkasse, i.e. from another subsidiary of Helaba. Since then , what was then LB (Swiss) Privatbank AG has been operating under the name Frankfurter Bankgesellschaft (Schweiz) AG.

At the same time, the German branch acquired the Helaba Trust advisory and management company and merged with Frankfurter Bankgesellschaft (Deutschland) AG.

present

Locations

In addition to its headquarters in Zurich, the Frankfurter Bankgesellschaft Group is represented at four German locations via Frankfurter Bankgesellschaft (Deutschland) AG: Frankfurt am Main (headquarters of the German subsidiary), branches in Düsseldorf (since 2018) and Hamburg (since 2019) and an office in Munich (since 2018). The group's own family office is headquartered in Frankfurt am Main and has an office in Munich.

In January 2020, Frankfurter Bankgesellschaft (Schweiz) AG acquired a majority stake (75.1%) in IMAP Management Consultants AG, which is headquartered in Mannheim and has offices in Frankfurt am Main and Munich.

Business activity

The traditional core business is wealth management in the form of asset management or pure investment advice. In addition to wealth management for private and corporate assets, the Frankfurter Bankgesellschaft Group also offers support for foundations and commitments through its own competence center .

The Family Office subsidiary of Frankfurter Bankgesellschaft AG is the only multi-family office of the Sparkassen-Finanzgruppe. It provides advisory services related to the long-term - usually cross-generational - management of large assets and is aimed in particular at entrepreneurial families.

IMAP M&A Consultants AG, a majority shareholding of Frankfurter Bankgesellschaft (Schweiz) AG, specializes in M&A transaction advice for medium-sized companies.

literature

Web links

Individual evidence

  1. ↑ a b Entry in the bank master of Swiss Interbank Clearing
  2. ↑ Frankfurter Bankgesellschaft starts up family office. In: Private Banking Magazin . October 2, 2017. Retrieved October 2, 2017 .
  3. ↑ IMAP Management Consultants AG: Frankfurter Bankgesellschaft enters into a strategic partnership with IMAP Germany as part of a majority stake. Retrieved June 15, 2020 .
  4. ↑ a b Company data of the Frankfurter Bankgesellschaft Group. Frankfurter Bankgesellschaft (Schweiz) AG, accessed on June 15, 2020 .
  5. ↑ Personal details . In: Frankfurter Allgemeine Zeitung . tape 104 , May 6, 1997, pp. 23 .
  6. ^ Friedrich Lauf : Under the sign of the beehive . Chronicle of the Frankfurter Sparkasse from 1822. Waldemar Kramer Verlag, Frankfurt am Main 1984, ISBN 3-7829-0288-2 , Foundation of the Banking Union, p. 384 .
  7. ↑ Manfred Köhler : As trustworthy as a confessor and with nerves like ship ropes . 1st edition. auvis, Frankfurt am Main 2011, ISBN 978-3-9802712-1-9 , p. 242 .
  8. ↑ a b Banking Union is now called Frankfurter Bankgesellschaft . In: Frankfurter Allgemeine Zeitung . tape 176 , August 1, 2000, pp. 56 .
  9. ↑ Helaba's new private bank is launched. In: Börsen-Zeitung. September 3, 2010, accessed May 1, 2016 .
  10. ↑ New board member at Frankfurter Bank. In: Börsen-Zeitung . January 18, 2006, accessed April 27, 2016 .
  11. ↑ Peter Köhler: Helaba poaches the neighbors. In: Handelsblatt . March 25, 2010, accessed April 23, 2016 .
  12. ↑ Focus on family entrepreneurs and the very wealthy. In: Börsen-Zeitung. April 24, 2013, accessed April 22, 2016 .
  13. ↑ Helaba results halved by the end of June. In: Börsen-Zeitung. August 31, 2010, accessed May 1, 2016 .
  14. ^ Frankfurter Bankgesellschaft (Schweiz) AG: The Frankfurter Bankgesellschaft Group. Retrieved June 15, 2020 .

Coordinates: 47 ° 22 '5.4 "  N , 8 ° 32' 25.4"  E ; CH1903:  683219  /  246952