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» Personal Loan No Credit Check, Online Economics » Label name » Topics begins with D » Dresden bank


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The Dresdens bank AG is Kreditinstitut with seat in Frankfurt/Main. The enterprise belonged for a long time to the five largest banks of Germany, was integrated however 2001 as subsidiary into the alliance company.

  • Chairman of the board is Herbert walter.
  • Chairman of the supervisory board is Michael Diekmann, at the same time chairmen of the executive committee of the alliance AG.

History

19. Century up to the First World War

The Dresdens bank on 12 November 1872 by the transformation of the 1771 created private bank Kaskel was created into a corporation in Dresden. Initial members were beside Carl baron von Kaskel, Felix baron von Kaskel and Eugen property man, who took over the function of the executive committee speaker, the general German Credit institute, the citizens of Berlin commercial company, the Frankfurt German association bank, German effects and exchange bank as well as the Anglo German bank from Hamburg.

On 3 December 1872 the Dresdens bank was registered in the trade register Dresden. The stock exchange quotation of the bank was taken up on 7 January 1873 at the stock exchange to Berlin. Under the direction of Eugen property man got over himself the Dresdens bank the founder noise of 1873 almost intact, and could in the following founder crisis by the assumption of the Saxonian bank association (1873), the Dresden mercantile bank (1874), which Saxonian Creditbank (1877) and the Thuringian Landesbank (1878) develop to a district bank with emphasis in Central Germany. 1881 took place the opening of a branch in Berlin, whose development those the center in Dresden already soon. 1884 were shifted the head office therefore from Dresden to Berlin, Dresden remained however legal seat carrier in the consequence developed the bank to one of the largest German banks, above all by converting the branch bank concept as the first bank in Germany systematically and maintaining in all economical centers of the country own branches.

1891 took over the bank Dresdens the banking house Robert Thode & CO., 1892 the establishment partner Anglo German bank, to which afterwards as Hamburg branch acted. In the subsequent year bank took part the Dresdens in the establishment of the Italian Banca Commerciale Italiana, 1895 followed the establishment of an address in London as well as the assumption that of Bremen bank.

1903 were received the Dresdens bank a community of interests with the Schaaffhausen' bank association, which was again terminated however 1909, since the bank could not form itself despite the contacts of Waldemar Mueller durably as partners of the rheinisch heavy industry. 1904 acquired the bank a participation in the Oldenburgi Landesbank.

1906 were the Dresdens bank as well as the Schaaffhausen' bank association and the central bank founder of the GermanSouth American bank and the German Orientbank.

Weimar Republic and third realm

1932 had the Dresdens bank on arrangement of the realm government with the insolvent and central bank, with which she already connected a community of interests since 1930, fuse. The German Reich took over the stock majority. Between 1933 and 1942 the business of the Dresdens expanded bank very strongly, since it closest connections to the LV regime, which and them attached organizations maintained NSDAP as well as the SS. Altogether the Dresdens bank is considered as the German major bank, which was involved at most into the crimes of the third realm. Particularly the bank of the conquest wars of the Nazis in the east profited. The Dresdens bank had hoped to be able to play in germanisierten Europe a prominent role within the bank range.

Decartelization and developing of the new Dresdens bank

1945 were decartelized the Dresdens bank - like the other major banks Deutsche Bank and Commerzbank - of the allied military administrations. In the Soviet zone of occupation and in Berlin the locking and complete expropriation took place, into which zones of occupation of the three westallied became the existing branches combined into smaller regional units, from which until 1947 altogether 11 legally dependent partial institutes developed:

  • British zone of occupation
    • Hamburg credit bank, Hamburg (for Hamburg)
    • Niederdeut banking company, Hanover (for Lower Saxony)
    • bank for trade and industry, Luebeck (for Schleswig-Holstein)
    • Rhine Ruhr bank, Duesseldorf (for North Rhine-Westphalia)
  • French zone of occupation
    • Bankanstalt for and Hohenzollern, Reutlingen (for Hohenzollern)
    • Industrie and mercantile bank, Mainz (for Rhineland-Palatinate)
    • South German loan corporation, Freiburg (for south bathing)
  • US-American zone of occupation
    • General banking company, Stuttgart (for Nordbaden)
    • Bavarian bank for trade and industry, Munich (for Bavaria)
    • Of Bremen bank, Bremen (for Bremen)
    • Rhine Main bank, Frankfurt/Main (for Hessen).

1949, after establishment of the Federal Republic of Germany, were created in the three west sectors of Berlin the bank for trade and industry AG, their share capital of that Hamburg credit bank, which Rhine Ruhr became to transfer bank and the Rhine Main bank held and later to the follow-up institutes.

1952 were combined the Dresdens bank into three follow-up institutes:

  • Those Hamburg credit bank AG (Hamburg) for the range north,
  • the Rhine Ruhr bank AG (Duesseldorf) for the range west and
  • the Rhine Main bank AG (Frankfurt/Main) for the range south.

On 1 January 1957 the three banks, between which since already 1955 a result removal contract existed, fused Dresdens to the bank corporation.

Newer history

In the year 1967 the Dresdens bank created the first German subsidiary of a bank in Luxembourg (source as Compagnie Luxembourgeoise de Banque S.A. (today Dresden bank Luxembourg S.A.): http://www.dresdner-bank.lu/myWeb/content/www/home/dbl/wir/wir,lang=DE.html).

On 30 July 1977 the executive committee speaker Ponto was murdered by terrorists of the Red Army parliamentary group (RAF) in its house in Oberursel.

On 29 November 1983 the public prosecutor's office raises Bonn in the repairing party PEND scandal accusation because of corruptibility against the executive committee speaker of the Dresdens bank and former Federal Minister for Economic Affairs Hans Friderichs (FDP). The regional court Bonn condemns Friderichs on 16 February 1987 because of tax evasion to a fine of 61.500 DM.

After the reunification of Germany the Dresdens bank in the entry area opened rapidly again new branches, 1991 the West-Berliner bank for trade and industry AG on the Dresdens bank were merged. In particular in Dresden the bank worked as a sponsor, for example in the reconstruction of the woman church.

1995 took over the bank the British Investmentbank small word Benson and designated it in Dresden small word Benson over. From the assumption of the American Investmentbank boiler scale Perella on 4 January 2001 the Dresdens small word boiler scale (DrKW) resulted as Investmentbank of the company.

On 23 July 2001 the Dresdens bank was taken over by the alliance AG, after fusion attempts with the German bank and the Commerzbank had failed before.

2006 published a team of historians a study, which the Dresden bank a stronger commitment in the Nazi regime prove than so far admits was. Therefore this was participated relevant in pursuit as well as Deportation of Jews and financed the building of the concentration camp Auschwitz. Beyond that the house bank of the SS earned strongly at the east expansion of the German Reich in second Weltkrieg.Die advisor bank of the SS. As bank regenerates the Dresdens their past, 19 February 2006 MDR kulturreport

Subsidiaries in the Dresdner bank company

Today for his part the company belonging to the group of alliances unites a multiplicity of partly meaning subsidiary companies:

  • Alliance Dresden ate management, Hong Kong.
  • For alliance Dresden building-save AG, bath Vilbel.
  • Dresdner Cetelem credit bank, Munich. Consumer loans, based 1953, 11,000 coworkers.
  • DDS Dresden direct service GmbH, Duisburg. Call center Dienstleister of the Dresdens bank in the alliance Group.
  • Dresden Finance B.V., Amsterdam. Finanzierungsinstitut.
  • Dresden U.S. Finance Inc., Wilmington/Delaware, New York. Finanzierungsinstitut.
  • Dresden small word boiler scale, London and Frankfurt. Investmentbank, since 1995 in the company.
  • DEGI German society for real estate fund, Frankfurt. Administrative company for open real estate funds (first product: Basic value fund), based 1972.
  • German investment trust (dit), Frankfurt. Administration of an estate, fund company for share funds. Based 1955 (first share fund: CONCENTRA), today over 200 funds.
  • Oldenburgi Landesbank, Oldenburg. Regional private customer bank, based 1868.
  • Privatinvest bank, Salzburg
  • Banking house Reuschel, Munich. Private bank, based 1947, since 1970 in the company.
  • Dresden bank Latin America AG, Hamburg, (before times: GermanSouth American bank AG)
  • Visionapp GmbH, Frankfurt

Articles in category "Dresden bank"

We found here 12 articles.

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