Oddo BHF

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ODDO BHF Aktiengesellschaft
logo
Country GermanyGermany Germany
Seat Frankfurt am Main
legal form Corporation
Bank code 500 202 00
BIC BHFB DEFF 500
founding 1854
Website www.oddo-bhf.com
Business dataTemplate: Infobox credit institute / maintenance / data out of dateTemplate: Infobox credit institute / maintenance / year missing
Employee 2,300  (average 2017)
Offices in Germany 12
management
Board Philippe Oddo (Chairman), Frank Behrends, Grégoire Charbit, Thomas Fischer, Joachim Häger, Christophe Tadié
Supervisory board Werner Taiber (Chairman)

The Oddo BHF Aktiengesellschaft (proper spelling: ODDO BHF ; formerly: BHF-BANK Aktiengesellschaft ) is a in Frankfurt -based private bank , which in 1970 from the merger of Berliner Handels-Gesellschaft with the Frankfurt bank to Berliner Handels und Frankfurter Bank was created. The company headquarters is the BHF-Bank high-rise . Today it is part of the Franco-German financial group Oddo BHF.

The bank has branches at twelve locations in Germany. Internationally, it is present in Luxembourg, Switzerland, the United Arab Emirates, Vietnam and Egypt. The bank's activities are grouped together in the Private Wealth Management & Asset Management and Corporates & Markets divisions .

history

The bank was created on January 1, 1970 as the Berliner Handels- und Frankfurter Bank from the merger of the Frankfurter Bank founded in 1854 and the Berliner Handels-Gesellschaft established in 1856 . At the time, it was the largest banking merger in Germany since the German Bank and Disconto-Gesellschaft merged in 1929.

The name was changed to BHF-Bank KGaA in 1975. As a partnership limited by shares with a wide range of shareholders, the bank was managed by personally liable partners (including Rüdiger von Tresckow ) who formed the company together with the limited partners. In the 1970s and 1980s, BHF-Bank was one of the three to five leading banks in Germany in the issuing business and was also able to take a leading position in foreign exchange trading and in commercial foreign business in the German banking sector. It also had extensive industrial holdings . Your former senior partner Hanns Schroeder-Hohenwarth was President of the Association of German Banks from 1983 to 1987 .

In 1995 the change from KGaA to a stock corporation was completed. In 1999 the bank was taken over by the Dutch ING Group and changed its name to ING BHF-Bank in 2002 . In 2002, the stock exchange listing ended due to the squeeze-out of the remaining individual shareholders. Most of the business, the operating locations and investments were integrated into the newly founded BHF-Bank Aktiengesellschaft in 2004 , which then took over the Sal. Oppenheim bank as sole shareholder. When Sal. Oppenheim was transferred to Deutsche Bank in 2010, the BHF-Bank, which had always been run as an independent institute, was put up for sale.

In 2014 the bank became part of the BHF Kleinwort Benson Group, which was 100 percent taken over by the French private bank Oddo & Cie in mid-March 2016 . Oddo & Cie is thus indirectly the sole owner. In April 2017 the name was changed to Oddo BHF Aktiengesellschaft.

Social Commitment

The non-profit BHF BANK Foundation was established in 1999. The foundation supports initiatives that provide future and trend-setting impulses for social life in Germany.

The BHF BANK Foundation focuses on two fields: social and scientific projects with a socio-political background, as well as contemporary arts and young artists.

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. "About us - ODDO BHF" . Retrieved August 20, 2018.
  3. Erich Erlenbach: An anniversary in the year of the golden mean. The Berliner Handels- und Frankfurter Bank celebrates 25 years of its history . In: Frankfurter Allgemeine Zeitung of April 12, 1980, p. 17.
  4. ^ Deutsche Bank and LGT Group agree on key points of the sale of BHF-Bank. Deutsche Bank, December 23, 2010, accessed February 11, 2018 (press release).
  5. Hanno Mußler: The BHF-Bank becomes French. In: FAZ. December 11, 2015, accessed February 11, 2018 .
  6. BHF-BANK - Oddo & Cie and BHF-BANK under the new joint brand Oddo BHF. Retrieved February 11, 2018 .

Coordinates: 50 ° 6 ′ 58.5 ″  N , 8 ° 40 ′ 6.5 ″  E