416:
385:
397:
497:
450:
513:
27:
462:
369:
478:
911:
532:
155:
144:
415:
362:, Germany's oldest joint-stock bank. The terms of the acquisition allowed the Bankverein to retain autonomous operations in the Rhineland, while its activity in Berlin was discontinued. That arrangement lasted until 1929, when the Disconto-Gesellschaft itself merged with the Deutsche Bank and Schaaffhausen was fully absorbed in the new combined entity.
318:
As a national factor, the
Disconto-Gesellschaft lent its greatest support to industry through the promotion and financing of enterprises for the development of Germany's natural resources: the mining of coal and metals, smelting, iron and steel, potash, shipbuilding, electrical development, railways,
326:
Beginning in 1881, Disconto-Gesellschaft established or participated in the establishment of 15 important banking institutions, having 87 branches, scattered throughout Europe, Asia, South
Pacific, South America and Africa; and through communities of interest, it had banking connections in Hamburg,
338:
That same year (1908) the capital was 170,000,000 marks; surplus, 57,592,611 marks; and annual dividend, 8 per cent. The total capital power of the
Disconto-Gesellschaft group amounted to 564,747,329 marks, of which 437,786,200 marks represented capital and 126,981,129 marks surplus. It was the
396:
384:
368:
355:(72 million). At that time, Disconto-Gesellschaft was referred to as one of the four "D-Banks" (all of which had names starting with a D) that dominated German commercial banking, together with Darmstädter Bank, Deutsche Bank, and Dresdner Bank.
211:, exploiting a loophole in Prussian law that again allowed him to proceed without a government authorization. The successful subscription made the Disconto-Gesellschaft Prussia's largest private commercial bank in terms of capital. His son
335:, this latter still retaining its name and clientele. Close relations were established with other important financial and industrial institutions, its directorate having (1908) representation on the boards of 92 corporations.
202:) that did not require government authorization. Its initial business focus was lending to small businesses. It settled in a building on Kleine Präsidentenstrasse in the old center of Berlin, where it would remain until 1858.
461:
191:
178:
512:
449:
477:
295:
The interests formed with this group made the
Disconto-Gesellschaft a prominent factor in the underwriting of many important national and railway loans, notably the state loans of
323:, in 1874 — the first instance in Germany of the issue of fractional form bonds secured by blanket mortgage and providing for common representation of the holders of these bonds.
258:
496:
610:
433:
537:
531:
586:
598:
592:
422:
205:
On 9 January 1856, seeking increased financial firepower, Hansemann led the
Disconto-Gesellschaft's conversion into a limited stock company in the form of
764:
1205:
32:
1215:
1078:
655:
319:
fire and life insurance, etc. It assisted in the underwriting of the 10,000,000 thaler (30,000,000 marks) 5 per cent loan for the
1210:
872:
311:. In addition, in connection with other interests, it was instrumental in the financing of the Kamerun Railroad Company and the
1220:
1190:
1200:
623:
359:
352:
332:
219:
1175:
1170:
745:
273:
1185:
728:
327:
Leipzig, Bremen, Mannheim and
Geestmunde, these latter having 51 branches and numerous other agencies throughout the
31:
Building at
Behrensstrasse 43/44, Disconto-Gesellschaft head office in Berlin, as reconstructed in 1901 by architect
785:
656:""... but I consider wealth as a means only and not an end...": On the 150th anniversary of David Hansemann's death"
263:
1144:
281:
1180:
1113:
239:
235:
708:
987:
390:
Head office on
Behrensstrasse after reconstruction, photographed in 1930 after additional floors were added
814:
865:
730:
Army
Service Forces Manual M356-5 / Military Government Handbook – Germany – Section 5: Money and Banking
438:
26:
542:
37:
1149:
710:
The German Great Banks and Their
Concentration in connection with The Economic Development of Germany
288:, the Disconto-Gesellschaft also opened a branch there, emphasizing its strong connections with the
339:
third-largest German joint-stock bank by total deposits, with a total of 219 million Marks, behind
1088:
312:
250:
1195:
1139:
858:
820:
1108:
1042:
488:
427:
1083:
574:
215:
started working at the bank in 1857 and would later lead its dynamic expansion until 1903.
212:
131:
in 1851. It was one of the largest German banking organizations until its 1929 merger into
895:
786:"Bremen, Altstadt, Langenstraße 2 & 4 & 6 & 8, Stintbrücke 1, Bredenstraße 13"
747:
Joint Stock Banking in Germany: A Study of the German Creditbanks Before and After the War
8:
681:"The Political Calculus of Capital: Banking and the Business Class in Prussia, 1848-1856"
518:
628:
471:
erected in 1904, subsequently used by Deutsche Bank as its head office from 1957 to 1984
421:
Second head office expansion (1922-1925) on Unter den Linden 15, designed by architects
407:
348:
315:, both speculative enterprises, and the latter eventually of great financial annoyance.
231:
580:
402:
First head office expansion (1889-1891) on Unter den Linden 13, designed by architects
1012:
910:
813:
1123:
1047:
992:
977:
957:
289:
243:
227:
962:
941:
900:
375:
218:
In 1864, the Discont-Gesellschaft was the first to break the near-monopoly of the
1002:
936:
562:
195:
182:
173:
169:
75:
147:
Statue of David Hansemann (1790-1864), founder of the Disconto-Gesellschaft, in
1062:
967:
604:
378:
on a lot that the bank acquired in 1856; photographed in 1899 before demolition
1164:
1093:
997:
881:
807:
344:
340:
328:
223:
158:
Limited partnership share of the Disconto-Gesellschaft, issued 28. March 1922
154:
132:
972:
403:
982:
765:"Deutschlands erste Industriebank – der A. Schaaffhausen'sche Bankverein"
320:
455:
The same building in 2009, Deutsche Bank representative office in Berlin
1118:
1017:
1007:
680:
568:
249:
In 1889, the Disconto-Gesellschaft participated in the creation of the
1057:
1052:
548:
503:
468:
285:
269:
172:, who had resigned two months later from his position as head of the
143:
254:
300:
850:
522:
484:
296:
277:
148:
128:
374:
Head office on Behrenstrasse 43-44, erected 1868 by architect
358:
In 1914, the Disconto-Gesellschaft acquired the Cologne-based
280:, its first outside of Berlin. In 1901, on the liquidation of
1098:
806:
This article incorporates text from a publication now in the
308:
304:
230:, paving the way for competition that was soon joined by the
1037:
665:(31), Historical Association of Deutsche Bank, August 2014
525:, repurposed in 1912 as a branch of Disconto-Gesellschaft
234:(which had tentatively entered the parket in 1860), the
774:(33), Historische Gesellschaft der Deutschen Bank e.V.
726:
189:), and converted it into a cooperative company form (
176:. Hansemann established a Berlin Credit Partnership (
168:
was established on 6 June 1851 at the initiative of
1162:
762:
743:
843:Report on Co-operation in American Export Trade
831:Die deutsche Grossbanken und ihre Konzentration
678:
483:Former branch of the Disconto-Gesellschaft in
866:
716:, Washington DC: National Monetary Commission
706:
206:
163:
127:) was a significant German bank, founded in
772:Bank und Geschichte - Historische Rundschau
650:
648:
646:
644:
551:, acquired by Disconto-Gesellschaft in 1926
108:
873:
859:
25:
733:, Washington DC: U.S. Army Service Forces
720:
674:
672:
641:
153:
142:
1079:A. Schaaffhausen'scher Bank Association
1163:
854:
811:
756:
702:
700:
698:
696:
694:
669:
556:
443:in the Nazi era, photographed in 1950
276:. In 1900 it established a branch in
1206:German companies established in 1851
737:
727:Federal Reserve Board (March 1945),
663:Bank and History - Historical Review
42:with multiple alterations since then
165:Direktion der Disconto-Gesellschaft
125:Direktion der Disconto-Gesellschaft
13:
909:
815:"Disconto-Gesellschaft, The"
763:Martin L. Müller (December 2015),
691:
274:Banque Internationale de Bruxelles
14:
1232:
1216:1929 disestablishments in Germany
880:
812:Rines, George Edwin, ed. (1920).
624:A. Schaaffhausen'scher Bankverein
360:A. Schaaffhausen'scher Bankverein
353:A. Schaaffhausen'scher Bankverein
333:A. Schaaffhausen'scher Bankverein
530:
511:
495:
476:
460:
448:
414:
395:
383:
367:
208:Kommanditgesellschaft auf Aktien
1211:1851 establishments in Prussia
1145:Deutsche Bank building, Bremen
1114:Morgan, Grenfell & Company
778:
1:
800:
240:Hungarian General Credit Bank
236:Allgemeine Bodencreditanstalt
1221:Banks disestablished in 1929
1191:Defunct companies of Germany
988:Friedrich Wilhelm Christians
790:Deutsche Digitale Bibliothek
347:(225 million), and ahead of
282:M. A. Rothschild & Söhne
7:
1201:Economic history of Germany
826:This source in turn cites:
617:
187:Berliner Kreditgesellschaft
10:
1237:
331:. In 1914 it absorbed the
222:and Rothschild-controlled
138:
1176:Companies based in Berlin
1171:Banks established in 1851
1150:Deutsche Bank Twin Towers
1132:
1071:
1030:
950:
929:
920:
907:
888:
837:Germany's Economic Forces
744:P. Barrett Whale (1930),
91:
81:
71:
63:
55:
47:
24:
1186:Defunct banks of Germany
845:(Washington, D.C., 1916)
685:Central European History
679:James M. Brophy (1992),
634:
487:, lately head office of
434:Reichsarbeitsministerium
226:on the financing of the
1089:Banca Popolare di Lecco
432:and Josef Moser, later
313:Great Venezuela Railway
251:Deutsch-Asiatische Bank
1140:Deutsche Bank Building
914:
821:Encyclopedia Americana
707:Jacob Riesser (1911),
506:, photographed in 1927
272:, and in 1898, of the
207:
199:
186:
164:
159:
151:
1109:Hollandsche Bank-Unie
1104:Disconto-Gesellschaft
1084:Alex Brown & Sons
1072:Historical components
1043:Deutsche Bank (Italy)
913:
489:Bayerische Landesbank
259:Banca Generală Română
242:(est. 1867), and the
157:
146:
105:Disconto-Gesellschaft
20:Disconto-Gesellschaft
1181:Companies of Prussia
575:Adolph von Hansemann
220:Austrian Rothschilds
97:Adolph von Hansemann
587:Alexander Schoeller
519:Kontorhaus am Markt
200:Handelsgesellschaft
21:
915:
599:Paul David Fischer
593:Arthur Salomonsohn
581:Adolph Salomonsohn
557:Notable associates
538:Bank für Thüringen
423:Richard Bielenberg
351:(109 million) and
343:(489 million) and
257:, in 1897, of the
160:
152:
51:Financial services
19:
16:Former German bank
1158:
1157:
1124:Norddeutsche Bank
1048:Deutsche Postbank
1026:
1025:
993:Alfred Herrhausen
978:Hermann Josef Abs
958:Georg von Siemens
896:Adelbert Delbrück
467:Former branch in
290:Rothschild family
244:Wiener Bankverein
238:(est. 1863), the
228:Habsburg monarchy
101:
100:
1228:
963:Oscar Wassermann
942:Christian Sewing
927:
926:
901:Ludwig Bamberger
875:
868:
861:
852:
851:
825:
817:
794:
793:
782:
776:
775:
769:
760:
754:
753:
752:
741:
735:
734:
724:
718:
717:
715:
704:
689:
688:
676:
667:
666:
660:
652:
629:Darmstädter Bank
546:
534:
515:
499:
480:
464:
452:
442:
431:
418:
408:Wilhelm Böckmann
399:
387:
376:Friedrich Hitzig
371:
349:Darmstädter Bank
267:
232:Darmstädter Bank
213:Adolph Hansemann
210:
194:
181:
167:
122:
119:
118:Discount Company
116:
113:
110:
41:
29:
22:
18:
1236:
1235:
1231:
1230:
1229:
1227:
1226:
1225:
1161:
1160:
1159:
1154:
1128:
1067:
1022:
1013:Jürgen Fitschen
1003:Josef Ackermann
946:
937:Paul Achleitner
922:
916:
905:
884:
879:
803:
798:
797:
784:
783:
779:
767:
761:
757:
750:
742:
738:
725:
721:
713:
705:
692:
687:(25:2): 149–176
677:
670:
658:
654:
653:
642:
637:
620:
611:Hermann Fischer
563:David Hansemann
559:
552:
540:
535:
526:
516:
507:
500:
491:
481:
472:
465:
456:
453:
444:
436:
425:
419:
410:
400:
391:
388:
379:
372:
261:
190:
177:
174:Bank of Prussia
170:David Hansemann
141:
120:
117:
114:
111:
94:
84:
76:Berlin, Germany
67:David Hansemann
43:
35:
17:
12:
11:
5:
1234:
1224:
1223:
1218:
1213:
1208:
1203:
1198:
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1188:
1183:
1178:
1173:
1156:
1155:
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1147:
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1136:
1134:
1130:
1129:
1127:
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1121:
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1111:
1106:
1101:
1096:
1091:
1086:
1081:
1075:
1073:
1069:
1068:
1066:
1065:
1063:Sal. Oppenheim
1060:
1055:
1050:
1045:
1040:
1034:
1032:
1028:
1027:
1024:
1023:
1021:
1020:
1015:
1010:
1005:
1000:
995:
990:
985:
980:
975:
970:
968:Georg Solmssen
965:
960:
954:
952:
948:
947:
945:
944:
939:
933:
931:
924:
918:
917:
908:
906:
904:
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892:
890:
886:
885:
878:
877:
870:
863:
855:
849:
848:
847:
846:
840:
834:
802:
799:
796:
795:
777:
755:
736:
719:
690:
668:
639:
638:
636:
633:
632:
631:
626:
619:
616:
615:
614:
608:
605:Georg Solmssen
602:
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590:
584:
578:
572:
566:
558:
555:
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30:
15:
9:
6:
4:
3:
2:
1233:
1222:
1219:
1217:
1214:
1212:
1209:
1207:
1204:
1202:
1199:
1197:
1196:Deutsche Bank
1194:
1192:
1189:
1187:
1184:
1182:
1179:
1177:
1174:
1172:
1169:
1168:
1166:
1151:
1148:
1146:
1143:
1141:
1138:
1137:
1135:
1131:
1125:
1122:
1120:
1117:
1115:
1112:
1110:
1107:
1105:
1102:
1100:
1097:
1095:
1094:Bankers Trust
1092:
1090:
1087:
1085:
1082:
1080:
1077:
1076:
1074:
1070:
1064:
1061:
1059:
1056:
1054:
1051:
1049:
1046:
1044:
1041:
1039:
1036:
1035:
1033:
1029:
1019:
1016:
1014:
1011:
1009:
1006:
1004:
1001:
999:
998:Hilmar Kopper
996:
994:
991:
989:
986:
984:
981:
979:
976:
974:
971:
969:
966:
964:
961:
959:
956:
955:
953:
949:
943:
940:
938:
935:
934:
932:
928:
925:
919:
912:
902:
899:
897:
894:
893:
891:
887:
883:
882:Deutsche Bank
876:
871:
869:
864:
862:
857:
856:
853:
844:
841:
838:
835:
832:
829:Riesser, J.,
828:
827:
823:
822:
816:
809:
808:public domain
805:
804:
791:
787:
781:
773:
766:
759:
749:
748:
740:
732:
731:
723:
712:
711:
703:
701:
699:
697:
695:
686:
682:
675:
673:
664:
657:
651:
649:
647:
645:
640:
630:
627:
625:
622:
621:
612:
609:
606:
603:
601:, (1902–1920)
600:
597:
594:
591:
588:
585:
582:
579:
576:
573:
570:
567:
564:
561:
560:
550:
544:
539:
533:
528:
524:
520:
514:
509:
505:
498:
493:
490:
486:
479:
474:
470:
463:
458:
451:
446:
440:
435:
429:
424:
417:
412:
409:
405:
398:
393:
386:
381:
377:
370:
365:
364:
363:
361:
356:
354:
350:
346:
345:Dresdner Bank
342:
341:Deutsche Bank
336:
334:
330:
329:German Empire
324:
322:
316:
314:
310:
306:
302:
298:
293:
291:
287:
283:
279:
275:
271:
265:
260:
256:
252:
247:
246:(est. 1869).
245:
241:
237:
233:
229:
225:
224:Creditanstalt
221:
216:
214:
209:
203:
201:
197:
193:
188:
184:
180:
175:
171:
166:
156:
150:
145:
136:
134:
133:Deutsche Bank
130:
126:
106:
96:
90:
86:
80:
77:
74:
70:
66:
62:
58:
54:
50:
46:
39:
34:
28:
23:
1103:
1031:Subsidiaries
973:Karl Kimmich
842:
836:
830:
819:
789:
780:
771:
758:
746:
739:
729:
722:
709:
684:
662:
404:Hermann Ende
357:
337:
325:
317:
294:
248:
217:
204:
161:
124:
123:, full name
104:
102:
72:Headquarters
983:Karl Klasen
613:(1914–1919)
607:(1911–1929)
595:(1895–1929)
589:(1884–1911)
583:(1869–1888)
577:(1857–1903)
571:(1855–1857)
565:(1851–1864)
541: [
437: [
426: [
321:Krupp Works
262: [
83:Area served
36: [
33:Ludwig Heim
1165:Categories
1119:MortgageIT
1018:John Cryan
1008:Anshu Jain
923:executives
801:References
569:Karl Mathy
502:Branch in
93:Key people
1133:Buildings
1058:Norisbank
1053:DWS Group
549:Meiningen
504:Magdeburg
469:Frankfurt
286:Frankfurt
270:Bucharest
192:‹See Tfd›
179:‹See Tfd›
889:Founders
618:See also
255:Shanghai
48:Industry
930:Current
921:Notable
810::
301:Romania
139:History
112:
87:Germany
64:Founder
56:Founded
951:Former
839:(1913)
833:(1909)
523:Bremen
485:Munich
297:Russia
278:London
196:German
183:German
149:Aachen
129:Berlin
1099:Dexus
768:(PDF)
751:(PDF)
714:(PDF)
659:(PDF)
635:Notes
545:]
441:]
430:]
309:Japan
305:China
266:]
40:]
1038:DBFX
406:and
307:and
162:The
109:lit.
103:The
59:1851
547:in
521:in
284:in
268:in
253:in
1167::
818:.
788:.
770:,
693:^
683:,
671:^
661:,
643:^
543:de
439:de
428:de
303:,
299:,
292:.
264:ro
198::
185::
135:.
38:de
874:e
867:t
860:v
824:.
792:.
121:'
115:'
107:(
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