KG, commonly known as Berenberg Bank and branded as simply Berenberg, is a multinational full-service investment bank based in Hamburg, Germany.
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21 Facts About Berenberg Bank
2.
Berenberg Bank is active in investment banking, particularly pan-European equity research, brokerage and capital markets transactions, in addition to private banking for wealthy customers and institutional asset management.
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3.
Berenberg Bank is organized as a limited partnership with personally liable partners, and is noted for its conservative business strategy.
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4.
Berenberg Bank Company was founded in Hamburg in 1590 by the brothers Hans and Paul Berenberg Bank .
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5.
Hans Berenberg's grandson Cornelius Berenberg was the first to engage in merchant banking and developed the company into a very successful merchant house and merchant bank.
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7.
Cornelius Berenberg Bank's son, Rudolf Berenberg Bank, was elected a Senator, that is, a member of the government of the city-state, in 1735.
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9.
In 1768 Senator Paul Berenberg Bank died childless, while his brother Johann Berenberg Bank lost his only son in the same year.
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10.
Elisabeth Berenberg Bank was the last member of the Hamburg Berenberg Bank family, which became extinct in the male line upon her death in 1822.
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11.
Johann Hinrich Gossler and Elisabeth Berenberg Bank were the founders of the Berenberg Bank-Gossler family, that rose to great prominence in Hamburg from the late 18th century.
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12.
From 1790, the company was led by L E Seyler, and his mother-in-law Elisabeth Berenberg was a partner in her own right from 1790 to 1800.
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13.
Berenberg Bank was involved in financing Norway's leading industrial enterprise, Blaafarveværket, whose CEO and co-owner Benjamin Wegner was Anna Henriette Gossler and L E Seyler's son-in-law.
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14.
Baron Johann von Berenberg Bank-Gossler was the father of John von Berenberg Bank-Gossler, a Senator and German Ambassador in Rome.
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15.
Furthermore, Berenberg Bank was among the founding shareholders of Bergens Privatbank, the Hongkong and Shanghai Banking Corporation, Den Danske Landmandsbank and Svenska Handelsbanken .
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16.
Berenberg Bank had a close cooperation with Barings Bank of London and was Baring's representative in Germany.
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17.
Berenberg Bank's belonged to a British branch of the Berenberg family.
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18.
Berenberg Bank has its head office in Hamburg and significant presences in London, Frankfurt and New York City, as well as offices in Dusseldorf, Munich, Munster, Stuttgart, Geneva, Luxembourg, Paris, Vienna, Boston, San Francisco, Chicago, and Shanghai.
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19.
In Zurich, the previous subsidiary Berenberg Bank AG, has established itself as an independent Swiss Private Bank, Bergos Berenberg AG, in September 2018.
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20.
Berenberg Bank Stiftung is a philanthropic foundation founded in 1990 on the occasion of the 400th anniversary of the establishment of Berenberg Bank.
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21.
Berenberg Bank is currently run by two personally liable partners, Hans-Walter Peters and Hendrik Riehmer.
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