Heckscher & Co.

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Heckscher & Co. was a successful Hamburg bank that was founded in 1797. It existed under this name until 1818.

In 1797, the bill brokers and bankers Salomon Heine and Marcus Abraham Heckscher (1770–1823) founded the merchandising bank Heckscher and Co. in Hamburg . Later the bill brokers Levin Hertz (1765–1827) and Jacob Amsel Oppenheimer (1778–1845) accepted as a partner. Heckscher & Co. acted very successfully in the following years, among other things because they managed to finance the import of English goods that were becoming more expensive and scarce due to the continental barrier. In 1812, Marcus Heckscher left the company and Heine became the sole managing director. From 1816 to 1818 Heinrich Heine trained in the bank. In 1818 Salomon Heine separated from its two partners and from the merchandise business, and since then the company has operated as the Salomon Heine bank . The following twenty years were extremely successful and Salomon Heine rose to become one of the richest men in Hamburg. After his death, the bank was continued by his son Carl until he died in 1865 and the bank was liquidated.

“The departure of the well-known and wealthy banker MA Heckscher, founder of the Heckscher and Co., which had long been one of the most brilliant on our stock exchange, caused a stir. In Pyrmont, as he maintained, the latter had stolen some treasures in an attack of mental illness; the matter was discovered and of course caused quite a stir. Heckscher was therefore declared insane and underage by the Senate and sent to southern France; his millions came under cura. "

- Johann Gustav Gallois: History of the City of Hamburg, Volume 3, Tramburg's Erben, Hamburg 1856, p. 160, year 1819

Individual evidence

  1. ↑ Since his baptism in 1815 he had the first name Martin Anton . See Gabriele Zürn: Die Altonaer Jewish Community (1611–1873), Münster 2001, ISBN 3825845338 ; P. 149

literature