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Oscar Wassermann

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407:. His resignation letter proposed he should resign at any time up till the end of 1933. If suitable arrangements for the succession could be made before the end of the year he would be happy to go sooner. There was concern among colleagues that international markets might react adversely to a shock resignation. However, a week later he reported to colleagues that he had suffered "heart spasms" during the night, and family members including notably, one of his brothers reported that his condition was serious. Wassermann was an unusually heavy smoker and he was overweight. It was reasonable to infer that he would be confined to bed for several weeks, and might never recover his full health. Five weeks later, in the middle of May 1933, Wassermann turned up at the bank apparently fully restored. By that time, however, the succession plan that had been conspicuously absent back at the start of April was well advanced. On 29 May 1933 Wassermann's resignation was announced: his apparently amicable and consensual departure was completed well before the end of the year. 301:. The term is sometimes translated in English language sources as "CEO", which can be misleading: he was a leading member of the board, but there would have been no question of implementing significant strategic changes without the support of senior colleagues, some of whom made no secret of their objections to his (it was said) autocratic manner, and were also known to give vent to concerns over the extent to which Wassermann's spare time and (by this time very considerable) personal wealth were used on behalf of Jewish organisations. He was succeeded in the role, briefly, by the banker 31: 548: 240:. It was intended by the government that the commission should negotiate the post-war financial settlement with the French, British and American governments. It turned out that the foreign governments, for their own domestic reasons, were more interested in crushing a commercial and political rival than in negotiating a financial settlement, and the German Financial Commission had little involvement in the 312:. The boards of both banks justified the move on the grounds of the "pressures to rationalise" which they faced. Agreement was announced, to widespread astonishment within and beyond the banking establishment, in September 1929 and the merger took effect on Tuesday 29 October 1929, long before the 538:
executive board was only a matter of time, although it can be hard to avoid the conclusion that Wassermann, for his own personal reasons, and senior colleagues at the bank, for their own at least partly political reasons, were content that he should resign sooner rather than later. Initially it was
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Wassermann served as deputy chairman of the "Verein zur GrĂĽndung und Erhaltung einer Akademie fĂĽr die Wissenschaft des Judentums", founded in 1919 to create and maintain an academy of Judaic Sciences and Humanities: he organised fundraising on the association's behalf. Even during the difficult
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In terms of family background, Oscar Wassermann came from the increasingly prominent class of "haut-bourgeois" German-Jewish bankers that had emerged in parallel with the expansion of a commercial and industrial middle class during the eighteenth and nineteenth centuries. Members of the Jewish
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came to the union exceptionally well capitalised, and with a long-established well diversified portfolio of profitable investments in Germany's industrial giants and more widely across Europe. Deutsche Bank had been established more recently and had grown more rapidly, although it was also well
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Oscar Wassermann married firstly Hungarian-born Margarethe "Grete" Fürst (1892–1924) and secondly Katharina "Käthe" Haupt (1882–1942), the widow of Prof. Dr. Albert Niemann (1880–1921). By the first marriage two daughters were born, in 1912 and 1918: Karin Wassermann and Hedwig Wassermann. The
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intended that he should remain on the board of Deutsche Bank as chairman till the end of 1933. However, shortly before the annual general meeting of 1933, over which Wassermann was scheduled to preside in his capacity as "Sprecher", colleagues announced his retirement "on grounds of age".
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Seitlich der Trauerhalle befindet sich die Grabanlage Wassermann. Beigesetzt sind hier Margit Wassermann, geb. Fürst (1882 – 1924) und Oscar Wassermann. Der Bankier Oscar Wassermann gehörte von 1912 bis 1933 dem Vorstand der Deutschen Bank an, als dessen Sprecher er von 1923 bis 1933 tätig
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in 2016. The requirement to raise a large amount of money arose from the requirement that the government imposed on rich Jews wishing to emigrate that they should pay a very large "emigration tax". One of the works in question, auctioned to "an unknown buyer" courtesy of
353:(rebranded only in 1937 as the "Deutsche Bank") survived the turmoil without ever needing to approach the government for financial support. In 1934 it was indeed Deutsche Bank that at the end of the 1930s took over what was left from the wreckage of the 463:: he saw no reason to keep that commitment private. He was engaged actively in a number of Jewish social and charitable organisations. He never joined any German-Jewish political movements, but was nevertheless widely viewed as a 244:
negotiations except as a critic. The involvement nevertheless seems to have burnished Wassermann's credentials as an internationally well-connected member of Germany's banking establishment. He took a lead in the handling of
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banking elite would, in most cases, not have identified or associated much with Jews from the working classes, many of whose families had arrived in Germany only one or two generations earlier, driven to move west by the
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through years of exceptional economical challenge. As a respected Reichsbank board member he exercised significant influence over German monetary policy, especially during the later years of the
1385: 478:, a genteel and long established Berlin-based Jewish welfare support organisation of which, from 1924 to 1934, he would serve as president. He became chairman of the German offshoot of 211:. Biographers suggest that the relationship between the branch director cousins, Max and Oscar Wassermann, became fractious, however. In 1912 Oscar Wassermann suddenly transferred to 1198: 791:
Oscar Wassermann war eine der drei großen Führungspersönlichkeiten der Deutschen Bank, die im Kaiserreich und in der Weimarer Republik das Profil des Geldhauses geprägt haben
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was arithmetically deadlocked by the refusal of the two populist parties to co-operate either with each other or with any of the more moderate parties. In January 1933 the
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subsidiary of the family bank in 1889, the year of his mother's death. In 1900 he took over the control of it, jointly with his cousin Max Wassermann (1863–1934).
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Doc 66: In late July 1933 a member of Deutsche Bank's supervisory board, Franz Urbig, reports on the dismissal of bard members Theodor Frank and Oscar Wassermann
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and equivalent intensifying pressures elsewhere in eastern-central Europe. Oscar Wassermann was different. He had himself received and absorbed a powerfully
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Oscar Wassermann's nearest heirs, his two daughters and his widow Katharina, auctioned off works of art from his collection through the auction houses of
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and of the associated funding operation, "Palästina Grundfonds (KH) e. V", established in 1922 with the primary objective of acquiring land in
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failed in May 1931. During the ensuing series of bank runs as investors rushed to withdraw their savings, the well capitalised fusion of the
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were characterised by surging unemployment and intensifying political polarisation, which was increasingly spilling onto the streets, while
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could be foreseen. The development turned out to be strangely prescient, given the remarkably synergistic structures of the two banks.
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Wassermann accepted an invitation to become a member of the German Standing Finance Commission, established under the leadership of
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Leora Auslander (September 2015). "Reading German Jewry through Vernacular Photography: From the Kaiserreich to the Third Reich".
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The value of the business undertaken by the Wassermann Bank's Berlin subsidiary soon surpassed that of the head office branch in
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was established in 1929, Wassermann became chairman of the German branch. There was no requirement from the agency founder,
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Wolf Gruner (executive editor); Caroline Pearce (co-pordinator of the English-language edition) (15 April 2019).
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Christoph Kreutzmüller, Institut für Geschichtswissenschaften, Humboldt-Universität zu Berlin (20 July 2005).
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was highly unusual, if not unprecedented. Wassermann was offered and accepted a place on the Deutsche Bank
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Frankfruter Rundschau.de: Interview zum 150. Jubiläum der Deutschen Bank mit Historiker Alexander Nützenadel
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integrated in the German industrial economy and well capitalised by the criteria of the time. The rolling
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After completing a training in banking at Munich and Paris, Oscar Wassermann started work at the important
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Obra "O Casamento Desigual" teria sido vendida para pagar taxa imposta pelo governo nazista aos judeus
1572: 1567: 559: 527: 390: 272: 241: 223:, taking over responsibility for the bank's stock exchange trading business jointly with co-director 182: 1478: 1453: 1443: 487: 432: 280: 139: 998: 1323: 960: 866: 756: 690: 208: 190: 189:. Their son Oscar was the oldest of nine or ten children; his youngest brother was German banker 66: 1037: 595:. The painting hit the headlines there in 2013, with a dispute as to its ownership between the 185:(1842–1911) and brother Angelo ran after his death. Emil Wassermann married Emma Oppenheimer in 1075: 181:(1810–1884) came to Bamberg from Regensburg and opened a bank, A. E. Wassermann, which his son 1493: 1483: 1458: 1406: 1331: 1313: 1136:. Jewish Telegraphic Agency, London & Jewish Daily Bulletin, New York City. 16 August 1929 1086: 946: 940: 852: 742: 669: 423:
Oscar Wassermann died on 8 September 1934, "a broken man", the year after his "retirement".
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Antje Yael Deusel (co-compiler); Ortwin Beisbart (co-compiler); Franz Fichtl (co-compiler).
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Projekt: Kritische Online-Edition der TagebĂĽcher Michael Kardinal von Faulhabers (1911-1952)
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he prepared a report and plan to deal with the crisis created by the unaffordability of the
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Jüdische Sammler und Kunsthändler (Opfer nationalsozialistischer Verfolgung und Enteignung)
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Oscar Wassermann und die Deutsche Bank. Bankier in schwierigen Zeiten von Avraham Barkai
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In 1929, he was a leading figure in the fusion of Deutsche Bank with Berlin's
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Von Trott zu Solz - Lammek Rechtsanwälte - Notar (lawyer for the family).
459:. Wassermann was deeply learned in the faith and strongly committed to 1131:"Enthusiasm Marks Conclusion of Jewish Agency Council Sessions in Zurich" 298: 220: 159: 84: 1359:
Biography at website of Historische Gesellschaft der Deutschen Bank e.V.
820:"Oscar Angelo Wassermann, Bankier: * 4. April 1869, âśť 8. September 1934" 530:, and defamed as a "representative of Jewish high finance". After the 506:
final years of his life he also continued to participate regularly in a
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in Berlin. A switch from a regionally based family bank to the mighty
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Wassermann was the focus of violent antisemitic agitation. He was
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Oscar Wassermann und die Deutsche Bank. Bankier in schwieriger Zeit
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Aus der Geschichte der JĂĽdische Gemeinden im deutschen Sprachraum
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presided at his funeral, conducted on 12 September 1934 at the
851:. Springer Science & Business Media. pp. 43–50, 44. 1038:"... 40 Oscar Wassermann (1869 Bamberg – 1934 ) (Feld W.T.)" 290:
Between 1923 and 1933 Oscar Wassermann acted as spokesman (
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took over in January 1933, Wassermann's removal from the
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Opfer des nationalsozialistischen Terrors 1933–1945
337:peaked in German speaking central Europe after the 129: 119: 109: 99: 73: 47: 21: 1328:Kurzbiographien zur Geschichte der Juden 1918–1945 934: 932: 930: 928: 657: 655: 653: 651: 649: 647: 645: 630:. Klaus-Dieter Alicke, Winsen (compiler-publisher) 1161:. Jewish Telegraphic Agency, London. 16 June 1931 1036:Regina Borgmann; Dr. Jörg Kuhn; Fiona Laudamus. 581:"The marriage contract" / "O Casamento Desigual" 1284:. Stiftung Deutsches Zentrum Kulturgutverluste 1223:. Stiftung Deutsches Zentrum Kulturgutverluste 125:Karin "Käthe" Wassermann/Grunebaum (1918–1958) 115:2. Katharina "Käthe" Niemann/Haupt (1882-1942) 1379: 1199:"Lost Art Internet Database - Einfache Suche" 890: 888: 8: 826:. Institut fĂĽr Zeitgeschichte MĂĽnchen-Berlin 727: 725: 723: 721: 719: 1066: 1064: 1062: 1060: 1386: 1372: 1364: 999:"Gedenkbuch der jĂĽdischen BĂĽrger Bambergs" 29: 18: 787:"JĂĽdischer deutscher Patriot (Rezension)" 708:CS1 maint: multiple names: authors list ( 379:and quickly signalled their intention to 287:, intended to address the same concerns. 123:1. Hedwig "Heddy" Wassermann (1912–1939) 1349:Literature by and about Oscar Wassermann 579:in June 1936, is "der Heiratskontrakt" ( 316:'s nature and extent of the backwash in 615: 591:, which is currently believed to be in 416:family lived at TiergartenstraĂźe 8d in 113:1. Margarethe "Grete" FĂĽrst (1892-1924) 1083:Oscar Wassermanns GrĂĽĂźe zum Neuen Jahr 979: 968: 958: 874: 864: 764: 754: 698: 688: 263:Meanwhile, in 1922, at the request of 177:Oscar Angelo Wassermann's grandfather 7: 251:Reichsbank (the central bank of the) 136:Emil Wassermann (1842–1911) (father) 1282:"Der Heiratskontrakt / Der Spieler" 1326:(ed.): Biography of Wasserman in: 467:. In 1898 he became a member of 439:colleagues attended the ceremony. 435:. Apparently none of his former 14: 845:H.J. Rupieper (6 December 2012). 1076:"Jiddisch-putkamerisch verpackt" 945:. De Gruyter. pp. 234–243. 1026:Berliner AdreĂźbĂĽcher 1925–1933. 795:Frankfurter Allgemeine Zeitung 1: 738:Eintritt in der Deutsche Bank 401:driver of government strategy 1474:Friedrich Wilhelm Christians 1330:. Munich : Saur, 1988, 1201:. 2016-03-05. Archived from 528:"Versailles Treaty of Shame" 480:"jĂĽdische Palästinawerkes" ( 896:"Deutsche Bank 1870 - 2010" 279:, primarily in the face of 158:; died September 8 1934 in 140:Emma Oppenheimer/Wassermann 1599: 1117:Cambridge University Press 1402: 320:(and elsewhere) from the 28: 1548:19th-century German Jews 1113:Central European History 469:Gesellschaft der Freunde 269:reparations requirements 1353:German National Library 597:SĂŁo Paulo Museum of Art 532:Hitler-Papen government 52:Oscar Angelo Wassermann 36:Oscar Wassermann, 1929 555: 271:imposed on Germany at 154:(born April 4 1869 in 1583:German art collectors 1469:Franz Heinrich Ulrich 1312:. Beck, Munich 2005, 1115:. Vol. 148 / 3. 848:The London Conference 550: 351:Disconto-Gesellschaft 326:Disconto-Gesellschaft 310:Disconto-Gesellschaft 1558:Deutsche Bank people 1394:Chief executives of 583:) attributed to the 552:O Casamento Desigual 420:from 1925 to 1933. 343:Creditanstalt (bank) 281:French intransigence 142:(1847–1889) (mother) 1553:People from Bamberg 1217:"Wassermann, Oscar" 1119:. pp. 300–334. 568:"Lost Art Database" 457:orthodox upbringing 374:National Socialists 1578:People from Berlin 1424:Arthur von Gwinner 971:has generic name ( 901:. Deutsche Bank AG 785:(23 August 2005). 556: 514:National Socialism 398:became a principal 360:The years between 333:that followed the 209:securities trading 191:Sigmund Wassermann 1535: 1534: 1494:Rolf-Ernst Breuer 1484:Alfred Herrhausen 1459:Hermann Josef Abs 1407:Georg von Siemens 1318:978-3-406-52958-0 952:978-3-11-043519-1 858:978-94-009-9284-9 748:978-3-406-52958-0 554:by Quentin Metsys 433:Berlin-Weissensee 381:transform Germany 335:Wall Street Crash 322:Wall Street Crash 187:Frankfurt am Main 179:Samuel Wassermann 149: 148: 1590: 1527:Christian Sewing 1517:Juergen Fitschen 1508:Juergen Fitschen 1434:Oscar Wassermann 1420: 1412:Rudolph von Koch 1388: 1381: 1374: 1365: 1294: 1293: 1291: 1289: 1277: 1271: 1270: 1268: 1266: 1239: 1233: 1232: 1230: 1228: 1213: 1207: 1206: 1195: 1189: 1188: 1177: 1171: 1170: 1168: 1166: 1160: 1152: 1146: 1145: 1143: 1141: 1135: 1127: 1121: 1120: 1108: 1102: 1101: 1099: 1097: 1080: 1068: 1055: 1054: 1052: 1050: 1033: 1027: 1024: 1018: 1017: 1015: 1013: 1003: 994: 988: 987: 981: 976: 970: 966: 964: 956: 936: 923: 922:, March 10, 2020 917: 911: 910: 908: 906: 900: 892: 883: 882: 876: 872: 870: 862: 842: 836: 835: 833: 831: 816: 807: 806: 804: 802: 779: 773: 772: 766: 762: 760: 752: 729: 714: 713: 706: 700: 696: 694: 686: 684: 682: 659: 640: 639: 637: 635: 620: 477: 314:Great Depression 152:Oscar Wassermann 80: 77:8 September 1934 33: 23:Oscar Wassermann 19: 1598: 1597: 1593: 1592: 1591: 1589: 1588: 1587: 1538: 1537: 1536: 1531: 1499:Josef Ackermann 1429:Paul Mankiewitz 1414: 1398: 1392: 1345: 1302: 1297: 1287: 1285: 1279: 1278: 1274: 1264: 1262: 1261:. 15 March 2014 1241: 1240: 1236: 1226: 1224: 1215: 1214: 1210: 1197: 1196: 1192: 1179: 1178: 1174: 1164: 1162: 1158: 1154: 1153: 1149: 1139: 1137: 1133: 1129: 1128: 1124: 1110: 1109: 1105: 1095: 1093: 1078: 1070: 1069: 1058: 1048: 1046: 1035: 1034: 1030: 1025: 1021: 1011: 1009: 1001: 996: 995: 991: 978: 967: 957: 953: 938: 937: 926: 918: 914: 904: 902: 898: 894: 893: 886: 873: 863: 859: 844: 843: 839: 829: 827: 818: 817: 810: 800: 798: 781: 780: 776: 763: 753: 749: 731: 730: 717: 707: 697: 687: 680: 678: 676: 661: 660: 643: 633: 631: 622: 621: 617: 613: 560:Alfred Berkhahn 545: 516: 482:"Keren Hayesod" 471: 445: 429:Jewish cemetery 413: 299:executive board 275:in 1919. 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Index


Bamberg
Upper Franconia
Bavaria
Garmisch
Bavaria
Germany
Emma Oppenheimer/Wassermann
Bamberg
Garmisch
-Jewish
banker
Samuel Wassermann
Emil
Frankfurt am Main
Sigmund Wassermann
Berlin
Bamberg
securities trading
Deutsche Bank
Deutsche Bank
executive board
Paul Mankiewitz
After the
First World War
Max Warburg
Versailles
Deutsche Bank
Reichsbank (the central bank of the)
German Republic

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