The M.M. being castle & CO KGaA in Hamburg is with a balance sheet total of 3 billion " the second largest independent private bank of Germany. The capital of the bank exclusively lies in the hands of private people. Since over 200 years retained independence from institutional influences makes it possible to make decisions freely from interest conflicts to.
The banking house was created 1798 of the brothers Marcus Moses and Gerson being castle. The main business in the start time was the trade with foreign exchange and changes.
Due to their Jewish faith those had to leave be castle Germany into the 1930er years. The loyale plenipotentiary Dr. Rudolf Brinckmann and the business associate Paul Wirtz took over the bank. The quiet participation, which held the family being castle further at the bank, was seized with outbreak of war. The banking house had in Brinckmann, Wirtz & CO. umfirmieren. Already 1946 turned Eric M. Warburg from the United States back to Germany. Since 1969 the bank M.M. Warburg Brinckmann, Wirtz & CO was called. and 1991 accepted it again their old names.
Until today the banking house retained its independence and becomes from two personally responsible partners (phG) as well as two further partners led. The capitalized "CO" in the name stands also for phG Dr. Christian Olearius.
The bank grew awkward & CO last in the last years by the acquisition of German private banks, Marcard stone & CO in Hamburg, banking house Carl F. in Bremen, banking house resounding tree in Hanover and 2003 the citizens of Berlin private bank . In addition the foreign daughters M.M. being castle bank (Switzerland) come AG and M.M. being castle & CO Luxembourg S.A., as well as the Immobilientocher Hanseati real estate action (HIH) and several Kapitalanlagegesellschaften (being castle Invest).
The core business fields of the house are today private Banking, ate management and Investment Banking. Goal customers of the bank are wealthy private customers, institutional capital investors and firm customers. Marcard, stone & CO. very wealthy private customer makes available a comprehensive support over the Family Office. The administered fortune rose in 2005 around 25% to approx. 25 billion ".
Besides the bank is represented in the navigation range over its subsidiary Atalanta.
Since 1867 the head office lies in the Ferdinandstrasse 75 in Hamburg. Besides the bank beside its daughters with offices is active in Cologne and Frankfurt/Main. In the future the bank beside their citizens of Berlin daughter with a capital representative office in the BehrensPalais in Berlin will be represented center.
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