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establish a branch there of the new Deutsch Bank. Mr. Mammelsdorf to take charge in Yokohama. A special branch will be opened in Hong Kong. Both of these gentlemen were formerly in the Comptoir as was also Mr. Wallach who will take charge at Berlin. Mr. Probst, formerly of Pustau and Co. takes the branch at Hamburg. At Bremen will be Mr. Van der Heyde, formerly of Behre, Meyer and Co Singapore."
At the same time as the Deutsch Bank was in the process of opening offices in China, the Deutsche National Bank of Bremen was organised and appointed Melchers and Co. their agent in Hong Kong and Siemssen and Co. their agent in Shanghai (DP 29 June 1872).
The Deutsch-Asiatische Bank was registered at the Imperial German Consulate in Shanghai on 15 May 1889. In 1905, M. Hemann, the manager of the Hong Kong branch of the Bank was succeeded by Hugo Suter (DP 17 July 1905). The Bank redeveloped in 1913 the property on Queen's Road which it had occupied since 1901. The building, of modern renaissance style "on chaste and simple lines", was occupied for only a few months before it had to shut its doors with the outbreak of hostilities between England and Germany (SCMP 14 Aug. 1913, HKT 6 Jan. 1914). The building was purchased from the liquidators in 1917 by Sir Paul Chater for $355,000 (SCMP 14 Aug. 1917).
From the time of the organization of the Hongkong and Shanghai Banking Corporation in 1864 to 1914 there were Germans on the Board of the Bank. Woldemar Nissen of Siemssen and Co. was on the Provisional Committee. Another member of the Provisional Committee was Waldemar Schmidt, whose name sounds German, a partner in the English firm of Fletcher and Co. In May 1868 Julius Menke of William Pustau and Co. joined the Board. With the failure of William Pustau and Co. in 1877 the firm was no longer represented. But in the meantime Hermann Melchers of Melchers and Co. was elected to a seat on the Board in 1872. The bank was watchful that the British interests should not be swamped by German and American, Arnhold, Karbegg and Co. had a representative on the board from 1888 and Carlowitz and Co. from 1875. In 1914 all the firms mentioned, but William Pustau and Co., had a partner on the Bank (Dr. King's detailed history of the bank has lists of the directors for each year).
52
establish a branch there of the new Deutsch Bank. Mr. Mammelsdorf to take charge in Yokohama. A special branch will be opened in Hong Kong. Both of the these gentlemen were formerly in the Comptoir as was also Mr. Wallach who will take charge at Berlin. Mr. Probst, formerly of Pustau and Co. takes the branch at Hamburg. At Bremen will be Mr. Van der Heyde, formerly of Behre, Meyer and Co Singapore."
At the same time as the Deutsch Bank was in the process of opening offices in China, the Deutsche National Bank of Bremen was organised and appointed Melchers and Co. their agent in Hong Kong and Siemssen and Co. their agent in Shanghai (DP 29 June 1872).
The Deutsch-Asiatische Bank was registered at the Imperial German Consulate in Shanghai on 15 May 1889. In 1905, M. Hemann, the manager of the Hong Kong branch of the Bank was succeeded by Hugo Suter (DP 17 July 1905). The Bank redeveloped in 1913 the property on Queen's Road which it had occupied since 1901. The building, of modern renaissance style "on chaste and simple lines", was occupied for only a few months before it had to shut its doors with the outbreak of hostilities between England and Germany (SCMP 14 Aug. 1913, HKT 6 Jan. 1914). The building was purchased from the liquidators in 1917 by Sir Paul Chater for $355,000 (SCMP 14 Aug. 1917).
From the time of the organization of the Hongkong and Shanghai Banking Corporation in 1864 to 1914 there were Germans on the Board of the Bank. Woldemar Nissen of Siemssen and Co, was on the Provisional Committee. Another member of the Provisional Committee was Waldemar Schmidt, whose name sounds German, a partner in the English firm of Fletcher and Co. In May 1868 Julius Menke of William Pustau and Co. Joined the Board. With the failure of William Pustau and Co. in 1877 the firm was no longer represented. But in the meantime Hermann Melchers of Melchers and Co. was elected to a seat on the Board in 1872. The bank was watchful that the British interests should not be swamped by German and American, Arnhold, Karbegg and Co. had a representative on the board from 1888 and Carlowitz and Co. from 1875. In 1914 all the firms mentioned, but William Pustau and Co., had a partner of the Bank (Dr. King's detailed history of the bank has lists of the directors for each year).
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