Bundesverband deutscher Banken
Encyclopedia
The Bundesverband deutscher Banken (Federal Association of German Banks) is the association of private bank
s in Germany. In the traditional pillar system of the German banking industry this represents all banks that have evolved from merchant bank
s unlike the co-operative branch (like credit unions) or regional state banks (German public banks). Along with other branches the association is member of the Central Credit Committee
governing the banking industry in Germany. The Bundesverband has taken the form of Eingetragener Verein
.
The BdB was founded 1951 in Cologne as the successor of the pre-war "Centralverbandes des deutschen Bank- und Bankiergewerbes" (Central Association of the German Banking and Financing Industry). In 1999 it moved to Berlin while the subsidiary Bankverlag (bank publishing company) is still located in Cologne.
The association is led by a board of directors
("Vorstand") consisting of 12 members - the five big banks ("Großbanken") staff each 1 member, the small privately-owned banks ("Privatbankiers") collectively have 2 seats, the regional banks have 2 seats, the bond banks and foreign banks have each 1 seat. The board elects a president along with two secretaries - by tradition the presidential office should be held alternating between the big banks and the other members of private and regional banks but the rule is not followed strictly.
and the Verband deutscher Schiffsbanken
Private bank
Private banks are banks that are not incorporated. A private bank is owned by either an individual or a general partner with limited partner...
s in Germany. In the traditional pillar system of the German banking industry this represents all banks that have evolved from merchant bank
Merchant bank
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to....
s unlike the co-operative branch (like credit unions) or regional state banks (German public banks). Along with other branches the association is member of the Central Credit Committee
Central Credit Committee
The Central Credit Committee is an industry association of the German banking industry. Its decisions are held normative for the national banking sector – either directly by interbank treaties or indirectly by preparing a corresponding ministerial or Bundesbank decision.- Structure :The Central...
governing the banking industry in Germany. The Bundesverband has taken the form of Eingetragener Verein
Eingetragener Verein
Eingetragener Verein is a legal status for a registered voluntary association in Germany and Austria. While any group may be called a Verein, registration as eingetragener Verein holds many legal benefits because a registered association may legally function as a corporate body rather than just...
.
The BdB was founded 1951 in Cologne as the successor of the pre-war "Centralverbandes des deutschen Bank- und Bankiergewerbes" (Central Association of the German Banking and Financing Industry). In 1999 it moved to Berlin while the subsidiary Bankverlag (bank publishing company) is still located in Cologne.
The association is led by a board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
("Vorstand") consisting of 12 members - the five big banks ("Großbanken") staff each 1 member, the small privately-owned banks ("Privatbankiers") collectively have 2 seats, the regional banks have 2 seats, the bond banks and foreign banks have each 1 seat. The board elects a president along with two secretaries - by tradition the presidential office should be held alternating between the big banks and the other members of private and regional banks but the rule is not followed strictly.
Presidents
- 1951–1960 Robert Pferdmenges (Sal. OppenheimSal. OppenheimSal. Oppenheim jr. & Cie. AG & Co. KGaA is a European Private Bank, currently headquartered in Cologne, Germany. It manages and administers €138 billion of assets and employs around 3,800 employees in more than 30 sites in Germany and Europe...
) - 1960–1967 Gotthard Freiherr von Falkenhausen (HSBC Trinkaus)
- 1968–1975 Alwin Münchmeyer (Schröder, Münchmeyer, Hengst & Co.Schroder, Munchmeyer, Hengst & Co.Schröder, Münchmeyer, Hengst & Co. , was a German investment bank and private bank based in Hamburg, Germany. The firm was acquired in 1997 by UBS and the brand was eliminated in 2001.-History:...
) - 1975–1979 Wilhelm Christians (Deutsche BankDeutsche BankDeutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
) - 1979–1983 Harald Kühnen (Sal. Oppenheim)
- 1983–1987 Hanns Schroeder-Hohenwarth (BHF-Bank)
- 1987–1991 Wolfgang Röller (Dresdner BankDresdner BankDresdner Bank AG was one of Germany's largest banking corporations and was based in Frankfurt. It was acquired by competitor Commerzbank in December 2009.- 19th century :...
) - 1991–1994 Eberhard Martini (Bayerische Hypotheken- und Wechselbank)
- 1994–1997 Karl-Heinz Wessel (Sal. Oppenheim)
- 1997–2000 Martin Kohlhaussen (CommerzbankCommerzbankCommerzbank AG is the second-largest bank in Germany, after Deutsche Bank, headquartered in Frankfurt am Main.-Activities:Commerzbank is mainly active in commercial bank, retail banking and mortgaging. It suffered reversals in investment banking in early 2000s and scaled back its Securities unit...
) - 2000–2001 Frank Heintzeler (BW-Bank)
- 2001–2005 Rolf-E. Breuer (Deutsche Bank)
- 2005–2009 Klaus-Peter MüllerKlaus-Peter MüllerKlaus-Peter Müller is a German banker. He is the Chairman of the Board of Managing Directors of Commerzbank AG, Germany's second-largest bank...
(Commerzbank) - since 2009 Andreas Schmitz (HSBC Trinkaus)
Regional Associations
The actual banks are bound to the regional associations of the private banking industry- Bankenverband Baden-Württemberg e.V.
- Bankenverband Bremen e.V.
- Bankenverband Hamburg e.V.
- Bankenverband Hessen e.V.
- Bankenverband Niedersachsen e.V.
- Bankenverband Rheinland-Pfalz
- Bankenverband Saarland e.V.
- Bankenverband Schleswig-Holstein e.V.
- Bankenvereinigung Nordrhein-Westfalen e.V.
- Bayerischer Bankenverband e.V.
- Ostdeutscher Bankenverband (OstBV) – Berlin and New states of Germany
and the Verband deutscher Schiffsbanken