Arnhold Brothers Explained

Arnhold Brothers
Native Name:Bankhaus Gebrüder Arnhold
Founded: in Dresden, German Empire
Founder:Max Arnhold
Ludwig Philippson
Successor:Arnhold and S. Bleichroeder
Num Employees:500+ (1925)

Arnhold Brothers (German: Bankhaus Gebrüder Arnhold) was a German private bank founded in 1864 by Max Arnhold and Ludwig Philippson.[1] [2]

History

Gebr. Arnhold was founded in 1864 in Dresden, the banking firm of the Arnhold family, which also had major industrial interests in Germany.[3] Gebr. Arnhold established an office in Berlin in 1912, and after World War I became active in London, Zurich, and New York.

The company was among the top five largest German private banks at the beginning of the 20th century.[4] In 1931 it combined with Berlin-based S. Bleichröder, and after the Nazi Regime got to power, the banking house was merged into New York City based partnership Arnhold and S. Bleichroeder. Since 2009, the new partnership, is known under the name First Eagle Investment Management.[5]

External sources

Notes and References

  1. Web site: Arnhold Business of Emancipation . 2023-06-01 . BoE . en.
  2. Web site: The History of the Hans Arnhold Center . 2023-06-01 . American Academy . en-US.
  3. Book: Mosse, Werner Eugen . Jews in the German Economy: The German-Jewish Economic Elite, 1820–1935 . New York . Oxford University Press . 0-19-821967-9 . 1987 .
  4. Web site: Family and Enterprise in the Age of Industry: The Arnholds, 1808-2000 – GHI Washington . 2023-06-01 . www.ghi-dc.org.
  5. Web site: About Us - Our History and Guiding Principals First Eagle . 2023-06-01 . www.firsteagle.com.