Company type | Subsidiary (since 2010) |
---|---|
Industry | Private banking Investment management |
Founded | Bonn (1789 ) |
Founder | Salomon Oppenheim Jr. |
Defunct | 30 June 2018 |
Fate | Fully absorbed into Deutsche Bank |
Headquarters | Cologne, Germany |
Parent | Deutsche Bank |
Website | www |
Sal. Oppenheim was a German private bank founded in 1789 and headquartered in Cologne, Germany.[1] It provided asset management solutions for wealthy individual clients and institutional investors.[2] In 2009, the bank became a subsidiary of Deutsche Bank. In 2017, Deutsche Bank decided to discontinue the Sal. Oppenheim brand and to fully integrate their business,[3] which was officially completed on 30 June 2018.