Deutsche Bank 1870–2020

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Deutsche Bank 1870–2020 Deutsche Bank 1870–2020 Die ersten Geschäftsräume der Deutschen Bank in der Französischen Straße 21 in Berlin (Gebäude links) Deutsche Bank‘s first premises at Französische Strasse 21 in Berlin (building on the left) 1870 Das Gründungsstatut der Deutschen Bank wird Deutsche Bank‘s Articles of Association are am 10. März in Berlin durch „Allerhöchsten authorized in Berlin on March 10 by “Royal Erlass Sr. Majestät des Königs von Preussen“ Decree of His Majesty the King of Prussia”. genehmigt. Zweck der Neugründung ist „der The purpose of the bank‘s foundation is “the Betrieb von Bankgeschäften aller Art, ins transaction of banking business of all kinds, Besondere Förderung und Erleichterung der in particular the promotion and easing of trade Handelsbeziehungen zwischen Deutschland, relations between Germany, the other Euro­ den übrigen Europäischen Ländern und über­ pean countries and overseas markets”. seeischen Märkten“. Von Beginn ihrer Tätigkeit Deutsche Bank is an international institution an ist die Deutsche Bank ein international right from the outset. operierendes Institut. The initiators of its foundation are the private Initiatoren der Gründung sind der Privatbankier banker Adelbert Delbrück and the politician Adelbert Delbrück und der Politiker und Wäh­ and monetary expert Ludwig Bamberger. The rungsfachmann Ludwig Bamberger. Die Gründer, founders, who include leading German private unter denen sich führende deutsche Privat­ bankers, provide the 5 million talers (15 million bankiers befinden, stellen die 5 Millionen Taler marks) of capital, 2 million talers being offered (15 Millionen Mark) des Grundkapitals bereit. to the public at par and are oversubscribed 2 Millionen Taler werden dem Publikum zum almost 150 times. Nennwert der Aktien angeboten und fast 150- mal überzeichnet. Deutsche Bank commences business on April 9 in rented premises at Französische Strasse 21 Die Deutsche Bank nimmt am 9. April in Berlin, in Berlin, not far from the magnificent street in gemieteten Räumen in der Französischen Unter den Linden. The first Management Board Straße 21, nahe der Prachtstraße Unter den – at the time still called the “Direction” – Linden, ihre Geschäfte auf. Der erste Vorstand consists of Georg Siemens, Hermann Wallich – damals noch Direction genannt – besteht aus and Wilhelm A. Platenius. Georg Siemens, Hermann Wallich und Wilhelm A. Platenius. 1870 Georg Siemens, der erste Vorstandssprecher, Georg Siemens, the first Spokesman of the wird der eigentliche Motor und Ideengeber für bank‘s Management Board, provides much of die künftige Entwicklung der Bank. Bereits im the energy and innovation for the bank‘s future Juli führt er das Depositengeschäft ein. Das development. In July he introduces deposits System der Depositenkassen mit Annahme business. The system of “Depositenkassen” von verzinsten Einlagen ist ihm aus England (deposit-taking branches), with the specific bekannt und bald schon die Grundlage des purpose of taking deposits in order to increase Passivgeschäfts. the bank‘s own capital, is known to him from the U.K. and soon forms the basis of the Siemens‘ Kollege, Hermann Wallich, der dem bank‘s liabilities­side business. Vorstand bis 1894 angehört, verfügt über aus­ gezeichnete Kenntnisse des internationalen Siemens‘ colleague Hermann Wallich, a mem­ Geschäfts. Er baut das Übersee­ und Rem­ ber of the Management Board until 1894, has boursgeschäft der Bank auf und gründet die excellent knowledge of international business. ersten Filialen im In­ und Ausland. Von 1894 He establishes the bank‘s overseas and docu­ bis zu seinem Tode 1928 gehört Wallich dem mentary payments business and sets up the Aufsichtsrat der Deutschen Bank an. first branches in Germany and abroad. Between 1894 and his death in 1928, Wallich serves as a member of Deutsche Bank‘s Super­ visory Board. Adelbert Delbrück, Gründer und Ludwig Bamberger, Gründer und Vorstandsmitglied Hermann Wallich Vorsitzender des Verwaltungsrats Mitglied des Verwaltungsrats Hermann Wallich, member of the Adelbert Delbrück, co-founder and Ludwig Bamberger, co-founder Management Board Chairman of the Administrative and member of the Administrative Board Board 1870 Vorstandssprecher Georg Siemens Georg Siemens, Spokesman of the Management Board 1871 Um das internationale Geschäft erfolgreich To be successful in international business, betreiben zu können, muss die Deutsche Bank Deutsche Bank first needs to be represented in London vertreten sein, dem wichtigsten in London, the world‘s premier financial and Finanz­ und Bankplatz der Welt. Rechtliche banking center. Legal technicalities prevent Gründe verhindern die sofortige Errichtung the bank from immediately setting up its own einer eigenen Niederlassung. Im März gründet branch there. Consequently, in March die Deutsche Bank daher zusammen mit dem Deutsche Bank founds German Bank of London Bankhaus Gebr. Sulzbach, Frankfurt am Main, in cooperation with the private bank Gebr. Sulz­ der Mitteldeutschen Creditbank in Meiningen bach, Frankfurt, Mitteldeutsche Creditbank, sowie den englischen Häusern Dennistoun und Meiningen, and the U.K. banks Dennistoun and Ferd. Rodewald die German Bank of London. Ferd. Rodewald. Am 1. Juli eröffnet die Deutsche Bank ihre On July 1, Deutsche Bank opens its first branch erste Filiale am Außenhandelsplatz Bremen. in Bremen, a major foreign­trade center. Deutsche Bank Filiale Bremen am Domshof Deutsche Bank Bremen branch at Domshof Deutsche-Bank-Domizil in der Burgstraße 29 in Berlin Deutsche Bank location at Burgstrasse 29 in Berlin 1871 Erste Aktie der Deutschen Bank Deutsche Bank’s first share certificate 1871 Zum 1. September werden die ersten Aktien­ On September 1, the first share certificates of urkunden der Deutschen Bank ausgestellt und Deutsche Bank are drawn up and exchanged gegen die seit Gründung der Bank ausgegebe­ for the interim certificates issued since the nen Interimsscheine getauscht. foundation of the bank. Im Herbst zieht die Bank mit 50 Angestellten in In the autumn, the bank and its staff of 50 move die Burgstraße 29 in Berlin. Die Lage in unmittel­ to Burgstrasse 29 in Berlin. It is a convenient barer Nähe der Börse und im entstehenden location, close to the stock exchange and in the Bankenviertel ist günstig. burgeoning banking quarter. 1872 Am 20. Januar eröffnet die Deutsche Bank ihre On January 20, Deutsche Bank opens its second zweite inländische Filiale in Hamburg, dem zen­ domestic branch in Hamburg, Germany‘s major tralen deutschen Seehafen und Außenhandels­ seaport and foreign­trade center. platz. In May, the bank‘s first foreign branches are Die ersten Auslandsfilialen werden im Mai in opened in Shanghai and Yokohama. The mar­ Shanghai und Yokohama errichtet. Der Handel kets in China and Japan are promising. Trade mit China und Japan wächst stetig, die Märkte with this region is steadily increasing. In addi­ gelten als vielversprechend. Dazu kommt, dass tion, after 1871 the German Reich changes its das Deutsche Reich nach 1871 von der Silber­ currency from the silver standard to the gold zur Goldwährung übergeht und seine großen standard and tries to dispose of its substantial Silbervorräte abstoßen will. Hermann Wallich, silver reserves. Hermann Wallich, whose job it mit dem Verkauf beauftragt, schlägt Ostasien is to sell these reserves, suggests East Asia as als geeigneten Absatzmarkt vor. a suitable market. Zur finanziellen Ausstattung der Filialen nimmt To provide its branches with sufficient capital, die Deutsche Bank zweimal eine Kapitalerhö­ Deutsche Bank carries out two capital hung um jeweils 5 Millionen Taler auf 15 Millio­ increases of 5 million talers each, bringing nen Taler (45 Millionen Mark) vor. its total capital to 15 million talers (45 million marks). Seit dem 15. Oktober ist die Bank in New York vertreten. Mit einer Kommanditeinlage von From October 15, the bank is represented in 500.000 US-Dollar beteiligt sie sich an der New York with a limited partner’s holding of Gründung der Privatbank Knoblauch & Lichten­ 500,000 US dollars in Knoblauch & Lichten­ stein. stein. 1872 Geschäfts-Instruktion für die Kommandite der Deutschen Bank in New York Business Instruction for Deutsche Bank’s limited partner’s holding in New York 1872 Deutsche Bank Filiale Hamburg am Adolphsplatz Deutsche Bank Hamburg branch at Adolphsplatz Deutsche Bank Filiale London in 4 George Yard/Lombard Street Deutsche Bank London Agency at 4 George Yard/Lombard Street 1873 Am 8. März wird in London eine eigene Filiale On March 8, Deutsche Bank opens its own unter dem Namen Deutsche Bank (Berlin) branch in London under the name of London Agency errichtet. Sie hat bis 1914, “Deutsche Bank (Berlin) London Agency”. Up dem Jahr ihrer kriegsbedingten Schließung, to 1914, when it is forced to close due to the entscheidenden Anteil am Ausbau des interna­ war, the branch plays a decisive part in expand­ tionalen Geschäfts. Ihre Haupttätigkeit besteht ing Deutsche Bank‘s international business. Its darin, Wechsel zu akzeptieren, zumeist für main function is to accept bills of exchange, deutsche Rechnung, um den Handel mit allen mainly for German accounts, and to finance Teilen der Welt zu finanzieren. imports and exports from and to all parts of the world. Mit einer Kommanditeinlage beteiligt sich die Deutsche Bank an Weissweiller, Goldschmidt Deutsche Bank acquires a stake as a limited & Co. in Paris. partner in the Paris bank Weissweiller, Gold­ schmidt & Co. Max Steinthal tritt in den Vorstand ein. Er ist dort zuständig für das Devisen­ und das Emis­ Max Steinthal
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