The Sal. Oppenheim jr. & Cie. KGaA is a German private bank with seat in Cologne.

History

The bank is created 1789 by the Salomon Oppenheim junior as commission and change house in Bonn. Oppenheim acts with goods, exchanges foreign sorts and assigns credits.

1798 move the enterprise to Cologne - at that time one of the most important bank places of Germany -. 1828 die Salomon Oppenheim junior, its wife Therese resume the business with the two sons Simon and Abraham. By the wedding of Abraham Oppenheim with Charlotte Beyfus 1834 is the family closely to the banker family Rothschild related and also in business connected.

Oppenheim finances the 1820er for years in particular the Rhine navigation and later also the development of the railway nature and the industrialization of the Rhine country and the Ruhr district.

1836 are created a subsidiary in Amsterdam, which exists until 1856. For the first time 1837 large-scale enterprises also developing are financed. 1838 are the banking house as well as the Schaaffhausen' bank association and Herstatt joint founder of the Colonia insurance. After death Therese Oppenheims 1842 is resumed the business by the two sons. 1853 are Oppenheim also involved in the establishment of the bank and 1870 in the establishment the cent ral soil.

, 1858 Albert Oppenheim, a son Salomons, to the catholicism, convert goods Salomon, Therese, Simon and Abraham Oppenheim of still Jewish faith Eduard Oppenheim, the oldest son Simons, 1859 are Evangelist baptized.

Abraham Oppenheim is raised 1868 into the Prussian baron conditions and belonged to the closer circle around king William I.

In the year 1880 their sons Albert and Eduard transfer the banking transactions after the death of Abraham and Simon. 1904 are changed the legal form of the open commercial company into a limited partnership, which is led from now on by Alfred von Oppenheim and its cousin Emil.

1912 will for the first time appoint 1921 with Ferdinand Rinkel a family stranger into the guidance of the bank, it by Otto buyer are replaced. Starting from 1914 the banking house takes part in nine German war loans for the financing of the First World War.

1936 are arisiert Oppenheim "“in a friendly manner"”, as the bank ignores connected partner Robert Pferdmenges to that the family. Likewise 1936 take over the bank the banking house A. Levy. Starting from 1938 the bank firmiert after newspaper campaigns of the Nazis as Robert Pferdmenges & CO. over. The first German private stud Schlenderhan created by Eduard von Oppenheim 1869 the SS must be conveyed to 1942. After the arrest of Waldemar and Friedrich Carl von Oppenheim in the year 1944 rests the banking transaction.

1945 take the bank under the name Pferdmenges & CO. the business, 1947 the name becomes again Sal. Oppenheim jr. & Cie. changed, the Oppenheims occur again as partners. The bank finances among other things the establishment the cars union, the later AUDI company.

1968 take over the bank the banking house Heinrich Kirchholtes & CO. in Frankfurt/Main. A further expansion takes place via subsidiaries in Zurich, Munich, Paris and London.

In the course of the German reunification the bank positions itself as an advisor of the state with privatisations.

1989 are sold the participation at the Colonia insurance and the legal form of the bank is converted into a KGaA.

2004 take over Oppenheim the ING BHF bank of the Netherlands ING company, developed from the citizens of Berlin commercial company and the Frankfurt bank, which since then under the name "“BHF BANK - private since 1854"” firmiert. With the BHF assumption Sal rises. Oppenheim to the largest German private bank before M.M. Warburg & CO from Hamburg and to the largest European bank in family estate up.

End of 2005 employed the bank of 3,200 coworkers in about 26 addresses and administered a fortune of 100 billion euro.

Admitted personalities:

Banker of Sal. Oppenheim played an important role in the German policy and restaurant history often, among other things:

• Salomon Oppenheim junior (founder)
• Abraham Oppenheim (partner 1821-1878)
• Robert Pferdmenges (partner 1929-1953)
• Alfred baron von Oppenheim (partner 1964-1993)
• Matthias count of Krockow (partner since 1986)
• Karl Otto (partner 1993-1998)

See also

• Oppenheim (family)
• M.M. Warburg & CO, Berenberg bank, banking house Metzler
• BaFin
• Federal association of German banks

Related links

• oppenheim.de - official Website of the Sal. Oppenheim.
• bhf bank.de - official Website of the BHF BANK.
• - Articles over the business principle of the bank

Articles in category "Sal. Oppenheim"

We found here 3 articles.

Related Websites

We found here 5 related websites.

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