Word: disconto
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Dates: during 1920-1929
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Last week they brooded over the startling name of Deutsche Bank and Disconto Gesellschaft and, with Teuton unanimity, decided to call it Dedi...
...Dillon, Read & Co. painted out that the Deutsche Bank is closely connected with most of the leading German industrial and commercial enterprises. Not only did Dillon, Read sell $25,000,000 Deutsche Bank notes to U. S. investors, but some of the stock of this and of the Disconto has been bought with U. S. money...
Investors' enthusiasm for Dedi was not shared by German bank clerks. The great Deutsche Bank operates branch offices in 174 cities, has 14,000 employes on its payroll. There are some 50 branches of the Disconto Gesellschaft, a personnel of 7,000. With the announcement of the new merger came news that nearly half of these branch offices would be closed, in the interest of economy, some 2,000 employes of the two banks discharged. Dedibank was more thoughtful of its bank directors. The complete boards of both of the merging banks will sit at the meetings of Dedi...
...this explains why, between January and August of this year, shares of Berliners Handel have mounted from 135 to 214½, those of Disconto from 102¾ to 164½, those of Dresdener from 102 to 141¾, those of Darmstadter from 104 to 208 (doubled in eight months), and those of Deutsche from...
...Disconto has dealt with W. A. Harriman & Co. and more recently with Dillon, Read & Co. Deutsche's correspondents have been J. Henry Schroeder & Co. and Speyer...