Word: ponto
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...inconvenient moment for late-afternoon callers. Frankfurt Banker Jurgen Ponto, 53, and his wife Ines were packing to catch a vacation flight to Rio de Janeiro. Still, the visitor was special -Susanne Albrecht, 26, Ponto's godchild and the daughter of a Hamburg lawyer who had been his boyhood friend. She was bearing a bouquet of red roses. So it was that the chairman of the Dresdener Bank, West Germany's second largest, stopped packing long enough to receive Albrecht at his 30-room villa in the wealthy Frankfurt suburb of Oberursel. With her through the iron gate...
...Ponto greeted the three visitors in the living room and left them with her husband. Minutes later, she and the chauffeur heard raised voices, then gunshots. They rushed into the room to find Ponto mortally wounded by five shots in his head and chest. Albrecht and her accomplices were fleeing across the lawn of the estate. Police theorized that they had planned to kidnap Ponto, and that he had resisted...
From his base in Frankfurt, Jürgen Ponto has done even more than Saint-Geours to advance the cause of togetherness in banking. Ponto's Dresdner Bank is Germany's second largest (after Deutsche Bank) with $13 billion in assets. It has joined seven other international banks to form Société Financière Européenne (SFE), the world's largest such group, whose partners have assets of $130 billion. Last year Dresdner Bank also linked with three European banks in the Associated Banks of Europe Corp. (ABECOR). Members' assets total...
...Ponto spent his early childhood in Ecuador and Chile, where his German father ran an export-import business. After the war he studied at Göttingen, Hamburg, Zurich, Cambridge and the University of Washington, where he did half a year of graduate work in international law. He joined Dresdner Bank in 1950 "out of curiosity about figures," and by 1969 made it to chief executive...
...Ponto feels strongly about European economic integration: "It is simply too rational to fail." He is less optimistic about the development of East-West trade: "The question of true mutual exchange of goods must be judged much more skeptically. The Soviet Union can supply the West with raw materials, but most of the other Eastern European nations lack that capability." Last year he had a long talk at the Kremlin with Premier Alexei Kosygin, and the session apparently went well. Dresdner last week announced that it had applied for Soviet permission to open an office in Moscow and become...