About Hauck & Aufhäuser Privatbankiers AG
Friedrich Michael Hauck was just 25 years old when he laid the foundation stone for today’s bank in Frankfurt am Main. On January 1, 1796, he became a partner in the then renamed shipping and commission business Gebhard & Hauck. The trained businessman Hauck, originally from the Palatinate, had been able to build up an extensive network of connections during his numerous business trips across national borders, which should be of great use to him.
Despite the upheavals that were looming in the face of the French Revolution, the chances of starting his own company outweighed him and so he settled in the trade and trade fair city of Frankfurt am Main. In the style of the Anglo-Saxon merchant banks, the trading house increasingly opened up to banking… Continue reading about Hauck & Aufhäuser Privatbankiers AG here.
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