Sal. Oppenheim

Sal. Oppenheim jr. & Cie. AG & Co. KGaA
Company typeSubsidiary (since 2010)
IndustryPrivate banking
Investment management
FoundedBonn (1789 (1789))
FounderSalomon Oppenheim Jr.
Defunct30 June 2018
FateFully absorbed into Deutsche Bank
Headquarters
Cologne, Germany
ParentDeutsche Bank
Websitewww.oppenheim.de

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.