Swabian Bank
Swabian Bank | |
---|---|
Country | Germany |
Seat | Stuttgart , Germany |
legal form | Branch of MMWarburg & CO (since 2016) |
Bank code | 600 201 00 |
BIC | SCHW DESS XXX |
founding | 1933 |
Website | www.schwaebische-bank.de |
Business data 2014 | |
Total assets | 254.132 million euros |
insoles | 211.109 million euros |
Customer credit | 46.404 million euros |
Employee | 45 |
Offices | 1 |
management | |
Board | Marcus Ebert and Thomas Haas (managing directors) |
The Schwäbische Bank was founded in Stuttgart in 1933 as a private bank and existed until 2016 in the legal form of a stock corporation . The regional bank , which is mainly active in the area of investment advice and asset management , is still based in Stuttgart today. From the end of 2008, the Warburg banking group from Hamburg acquired a stake in the Schwäbische Bank and took it over completely on January 1, 2015. In autumn 2016, the merger with the former parent company MMWarburg & CO took place . Since then, the Schwäbische Bank has been one of a total of four German branches of the Hamburg private bank that continue to operate under their original name.
history
In September 1933 the owners of the Stuttgart publishing house Franckh-Kosmos , Hofrat Walther Keller, Richard Holzwarth and Euchar Nehmann, founded the Schwäbische Bank with shareholders of the publishing house. The founders appointed Carl Linder to the executive board and provided their own supervisory board. Linder had previously worked for a Tübingen bank, set up a branch for it in Stuttgart and initially set up his own business after the global economic crisis before he was appointed to the management board of the Schwäbische Bank. The bank initially moved into the Salamander building in Stuttgart on Königstrasse , but then moved in 1959 to the Königsbau in Stuttgart , which was then just rebuilt , a splendid late classicist building. Since then, the bank's motto has been “ A good address for your money. ".
Until 1971 the bank was completely privately owned. In 1971 HypoVereinsbank acquired shares in the Schwäbische Bank. These shares of 25.05 percent were sold to the Hamburg-based Warburg banking group at the end of 2008 (contract signed in early 2009) at an undisclosed price. The Hamburg private bank acquired further shares from family shareholders in 2012 and increased its stake to 78 percent. With effect from January 1, 2015, MMWarburg & CO (AG & Co.) KGaA acquired the remaining shares in Schwäbische Bank AG from family shareholders and a foundation. In 2016 the conversion from a stock corporation into a branch took place by way of a merger with MMWarburg & CO . The name of the bank was retained and the employees were taken over.
structure
Before its merger with the Warburg Group, Schwäbische Bank AG was a universal bank that was mainly active in the area of asset management and investment advice for mostly wealthy private and corporate customers . It was anchored locally in the Middle Neckar region , even though it was active throughout Germany and looked after more than 7,000 customers in 22 countries. In 2011, an annual average of 57 people were employed. The bank was a training company and partner of the Baden-Württemberg Cooperative State University in Stuttgart . As a branch within the Warburg Group, the Schwäbische Bank is responsible for southwest Germany, more precisely Baden-Württemberg and the greater Stuttgart area. The bank's target group continues to be “wealthy private customers, corporate customers and institutional investors”.
The Supervisory Board of Schwäbische Bank AG, of which Joachim Olearius was chairman, consisted of three members. Until the merger in 2016, the board members Marcus Ebert (since 2012, member of the board since 2011) and Michael Papenfuß were responsible for the management of the bank . Peter Linder, the long-standing spokesman for the Management Board, had already retired from active banking in 2012 due to age. As of 2017, Marcus Ebert and Thomas Haas are managing directors of the Schwäbische Bank.
Schwäbische Bank AG was a member of the Federal Association of German Banks and its deposit insurance fund .
Other activities
Foundation: Combining the good with the beautiful
The former major shareholder and board spokesman of the bank, Peter Linder, founded the Stuttgart foundation “Combining good with beautiful” in 1993 together with Carl Herzog von Württemberg to promote education, upbringing and culture in Germany and in developing countries.
Swabian stocks - "zom Fressa 'like"
Between 1987 and 2005, the bank's apprentices brought out the culinary guide to the annual general meeting, Schwäbische Aktien - “zom Fressa 'happily” . The brochure contained a selection of Swabian stock corporations and a calendar in which all stock corporations listed in the booklet were sorted by AGM date, along with a brief profile of the respective company (total assets, subscribed capital, sales, annual surplus, dividends, high / low prices) as well as the Shareholder structure (such as: major shareholders or free float). The actual main work, however, was the part written in Swabian dialect with an overview of how the shareholders should be fed at the respective general meeting .
Example:
“After the great dinner last year, the [...] des Johr no oins want to top it off: with glazed veal nuts on Riesling sauce, there are mushrooms, coriander carrot and spaetzle. The only question is, what is there besides the own drinks for the slurp - you won't just cook them up, right? "
The information booklet, popular among shareholders, had to be discontinued in 2005 because not enough stock corporations wanted to tell the bank what they would offer their shareholders as a dividend in kind , since the possession of just one share entitles them to attend the general meeting. In the last year of the show, the bank got in the dialect formulated leader the Friedrich E. Vogt Medal of dialect society Württemberg e. V. from Reutlingen .
social commitment
The art calendars published by Schwäbische Bank AG were known and appreciated far beyond the region. Since 1993 17 art calendars have been published by and with well-known artists (including Reinhold Nägele, Thomas Naegele, Oskar Schlemmer, Robert Förch). The aid campaigns of the Stuttgarter Zeitung ( help for neighbors ) and the Stuttgarter Nachrichten ( Campaigns Christmas eV ) were funded from the sales proceeds . The Schwäbische Bank has been the “official partner of TVB 1898 Stuttgart” since January 2016 and is listed on its website in the “TVB Netzwerk Wirtschaft”.
Web links
- Official website of the Schwäbische Bank
- Early documents and newspaper articles on the Schwäbische Bank in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ Schwäbische Bank: Annual Report 2014 (PDF; 191 kB)
- ↑ Interview with Peter Linder "Greed played a role" ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , stuttgarter-zeitung.de, September 4, 2009
- ↑ Well positioned for optimal customer advice top-magazin via schwaebische-bank.de, winter 2016
- ↑ Warburg Bank takes over remaining shares in Schwäbische Bank AG mmwarburggruppe.com, January 22, 2015
- ↑ Warburg Bank goes on the offensive with structural reform - Kurztext boersen-zeitung.de. In: www.boersen-zeitung.de. Retrieved October 7, 2016 .
- ↑ Swabian Bank - History
- ↑ MMWarburg & CO joins the Schwäbische Bank , welt.de, December 18, 2008
- ↑ Warburg Bank takes over remaining shares in Schwäbische Bank AG mmwarburggruppe.com, January 22, 2015
- ↑ Interview with Peter Linder "Greed played a role" ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , stuttgarter-zeitung.de, September 4, 2009
- ↑ Schwäbische Bank AG Annual Report 2011 ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , schwaebische-bank.de, accessed: December 10, 2012
- ↑ Dual Partner - Schwäbische Bank AG ( page no longer accessible , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , dhbw-stuttgart.de, accessed: May 2, 2011
- ↑ Well positioned for optimal customer advice top-magazin via schwaebische-bank.de, winter 2016
- ↑ Foundation "Combining the good with the beautiful" ( Memento of the original from June 25, 2010 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , stuttgarter-stiftungen.de, accessed: May 2, 2011
- ↑ Four million euros for good causes , schwaebische.de, August 1, 2010
- ^ The Schnitzel dividend in ZEIT Campus 03/2008 by Marc Brost, as of September 10, 2008
- ↑ The roast pork in the briefcase on sueddeutsche.de by H. Wilhelm, A. Hagelüken, M. Völklein and J. Schmidt, from April 25, 2008
- ^ Annual General Meeting: Party for Shareholders by Sabine Thienel in Focus Money , Issue No. 19/2000, from May 4, 2000
- ^ The shareholder as a connoisseur of Alexander Antonoff on welt.de from April 2, 2003
- ↑ Many shareholders like general meetings "zom Fressa 'like" by Karsten Seibel, on welt.de on April 7, 2004
- ^ Friedrich-E.-Vogt-Medal for services to the Swabian dialect. Founded 1985 , mundartgesellschaft-wuerttemberg.de, accessed: August 1, 2012
- ↑ Sociopolitical engagement for culture, social affairs and sport schwaebische-bank.de, accessed: March 14, 2017
- ↑ Sponsoren - TVB 1898 tvb1898.de, accessed: March 14, 2017
Coordinates: 48 ° 46 ′ 45 " N , 9 ° 10 ′ 42.4" E