Norddeutsche Bank Explained
The Norddeutsche Bank was a German bank that existed from 1856 to 1929. It was established by Berenberg Bank, H.J. Merck & Co. and the bank house of Salomon Heine and private founders such as Robert Kayser as the first joint-stock bank in northern Germany, becoming the largest bank in Hamburg.[1] In 1895 it was merged with the Disconto-Gesellschaft, but the two banks continued to operate separately. In 1929 both the Norddeutsche Bank and the Disconto-Gesellschaft were merged into Deutsche Bank.
Further reading
- Morten Reitmeyer: Bankiers im Kaiserreich. Sozialprofil und Habitus der deutschen Hochfinanz. Göttingen 1999, .
Notes and References
- Michael North: "The Great German Banking Houses and International Merchants, Sixteenth to Nineteenth Century", in: Alice Teichova, Ginette Kurgan-Van Hentenryk and Dieter Ziegler (eds.), Banking, Trade and Industry: Europe, America and Asia from the Thirteenth to the Twentieth Century, Cambridge University Press, 2011,, p. 46