Röchling bank

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The Röchling bank (Gebr. Röchling Bank) was a credit institute in Saarland .

history

It was first established in 1855 as the Schmidtborn and Röchling brothers' business and banking house. This company was founded in 1822 as the trading house Schmidtborn and Gebr. Röchling by Johann Carl Schmidtborn and his four cousins, the Röchling brothers - Theodor (1823–1885), Ernst (1825–1877), Karl (1827–1910) and Friedrich (1833–1892 ) - built. The Gebr. Röchling Bank emerged from this trading house in 1858. Business areas were trading in bills of exchange and shares . From 1930 the banking business of the group bank was run under the company Gebrüder Röchling & Co. KG. In Switzerland, a subsidiary operated under the name Röchling & Cie. Bank AG, Basel . This institute, later run as a branch of Röchling Bank, was liquidated on May 23, 1949.

After the Second World War , the Röchling Group was placed under French administration. The Röchling Bank was replaced in 1947 by the Banque Nationale pour le Commerce et l'Industrie. In 1957 Röchling Bank returned to the Saar. The Röchling Group was then returned to its owners. On October 1, 1966, the bank inaugurated its new building in Saarbrücken. When the state-owned Saarbrücker Zeitung was sought to be privatized in 1969 , Gebr. Röchling Bank was to become shareholders of the newspaper alongside other credit institutions. The Saarland Justice Minister Alois Becker was of the opinion that the banks "represent the Saarland population like no one else". However, this proposal was rejected and instead the Society for Citizenship Education Saar GmbH was founded, which has since held a 26 percent stake in the newspaper.

At the same time as the steel crisis of the 1970s, the owners withdrew from the company. In 1978 the descendants of the Röchlings parted from the banking business. The Bayerische Vereinsbank , with which the Röchling bank merged in 1982, was found to expand the business .

Individual evidence

  1. ^ Schmidtborn Johann Carl. Saarland biographies, archived from the original on November 17, 2015 ; accessed on November 15, 2015 .
  2. ^ Ralf Banken:  Röchling. In: New German Biography (NDB). Volume 21, Duncker & Humblot, Berlin 2003, ISBN 3-428-11202-4 , p. 702 f. ( Digitized version ).
  3. ^ History of the Hypovereinsbank Saarlouis. Hypovereinsbank, Corporate History, pp. 4-6 , accessed on January 11, 2017 .
  4. ↑ Roechling Combine in Germany - Information as of 1940. (pdf) Retrieved on November 15, 2015 (English).
  5. ↑ "Swiss Clearing Office: Special Case No. 1331 Röchlin & Co. banking Basel.» In the database Dodis the Diplomatic Documents of Switzerland
  6. ^ Speeches on the occasion of the opening of the new building of the Gebr.-Röchling-Bank Saarbrücken on October 1st, 1966 . 1966.
  7. ↑ Hans-Joachim Deckerl: The bishop is bidding - In Saarbrücken a newspaper is for sale. Die Zeit, February 14, 1969, p. 2 f , accessed on November 15, 2015 .
  8. ↑ How the Saarland Democracy Foundation came into being. (No longer available online.) Saarland Democracy Foundation, archived from the original on November 16, 2015 ; accessed on November 15, 2015 .
  9. ^ Peter Burg: The Röchling family. Rheinische Geschichte portal, March 13, 2013, accessed on November 15, 2015 .
  10. ↑ Family tree. HypoVereinsbank, accessed on April 30, 2016 .