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

Arnhold Brothers
Native name
Bankhaus Gebrüder Arnhold
Industryfinancial service activities, except insurance and pension funding Edit this on Wikidata
Founded1864; 160 years ago (1864) in Dresden, German Empire
FounderMax Arnhold
Ludwig Philippson
Defunct1931 (1931)
SuccessorArnhold and S. Bleichroeder
Number of employees
500+ (1925)

History

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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]

References

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

External sources

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  • Simone Lässig, "Jüdische Privatbanken in Dresden" in Hans-Peter Lühr (ed), Dresdner Hefte (in German).