Berenberg Equity Research

Philip Morris International Inc, Tobacco, PT USD 84.00 (no change)


Combustion is back

Verona Pharma plc, Specialty Pharmaceuticals, PT USD 40.00 (no change)


Attractive ahead of Phase IIa data release

Lucara Diamond Corp, Metals & Mining, PT CAD 1.80


CMD highlights: operations stable, market softness

QTS Realty Trust, Inc., Real Estate, PT USD 52.00 (50.00)


Upgrading to Buy; consistency will drive a higher valuation

Kimberly-Clark Corp, Household & Personal Care, PT USD 117.00 (no change)


2019 set to be another challenging year

Plus500 Ltd, Diversified Financials, PT GBp 2,320 (2,690)


Adapting well to change

Sartorius AG, Med. Tech/Services, PT EUR 110.00


Q3 solid but mixed; Bioprocess Solutions saves the day

Danone SA, Food Manufacturing, PT EUR 66.00


Money where his mouth is; CMD feedback

Idorsia Ltd, Biotechnology, PT CHF 23.70


R&D ahead of consensus, guidance unchanged

MDxHealth SA, Med. Tech/Services, PT EUR 5.75


A move in the wrong direction

NMC Health plc, Med. Tech/Services, PT GBP 54.00


CMD exceeds expectations; plenty to get excited about

Worldline SA, Software & IT Services, PT EUR 51.00 (no change)


Q3 in line; SIX and M&A update expected

News: Berenberg

MARKETS | Monitor: Stock markets under pressure, but good reasons for a year-end rally
BERENBERG | 15.10.2018
MARKETS | Monitor: Stock markets under pressure, but good reasons for a year-end rally
Berenberg Corporate Responsibility Award goes to Ritter Sport
BERENBERG | 27.09.2018
Berenberg Corporate Responsibility Award goes to Ritter Sport
Horizon Q4 |  The Berenberg Capital Market Outlook
BERENBERG | 26.09.2018
Horizon Q4 | The Berenberg Capital Market Outlook
Tim Albrecht joins Berenberg as Head of German Equities
BERENBERG | 06.09.2018
Tim Albrecht joins Berenberg as Head of German Equities
Horizon: Capital Market Outlook of Berenberg's Wealth and Asset Management
BERENBERG | 04.09.2018
Horizon: Capital Market Outlook of Berenberg's Wealth and Asset Management
Euromoney Awards for Excellence 2018: Berenberg is Germany's best investment bank
BERENBERG | 13.07.2018
Euromoney Awards for Excellence 2018: Berenberg is Germany's best investment bank
Ethical family-owned companies wanted - Berenberg recognises corporate responsibility
BERENBERG | 30.05.2018
Ethical family-owned companies wanted - Berenberg recognises corporate responsibility
Berenberg receives award as best asset manager for German equities
BERENBERG | 09.05.2018
Berenberg receives award as best asset manager for German equities
Mark O’Meara joins Berenberg’s brand ambassador programme
BERENBERG | 07.05.2018
Mark O’Meara joins Berenberg’s brand ambassador programme
Private Banker International Awards: Berenberg wins award as Germany’s best private bank
BERENBERG | 02.05.2018
Private Banker International Awards: Berenberg wins award as Germany’s best private bank
Berenberg Digital Infrastructure Debt Fund I invests in the expansion of fibre-optic networks
BERENBERG | 09.04.2018
Berenberg Digital Infrastructure Debt Fund I invests in the expansion of fibre-optic networks
Equity Capital Markets Awards:  “Best Bank for Small Cap Equity Capital Markets” and “IPO of the Year”
BERENBERG | 03.04.2018
Equity Capital Markets Awards: “Best Bank for Small Cap Equity Capital Markets” and “IPO of the Year”
Berenberg/HWWI Study: Shipping in an era of digital transformation: Structural shift in shipping – opportunities through digital networking
BERENBERG | 27.03.2018
Berenberg/HWWI Study: Shipping in an era of digital transformation: Structural shift in shipping – opportunities through digital networking
2018 Private Banking Survey: Euromoney Award for Berenberg
BERENBERG | 16.02.2018
2018 Private Banking Survey: Euromoney Award for Berenberg
Nasdaq morning bell to celebrate our relocation
BERENBERG | 13.02.2018
Nasdaq morning bell to celebrate our relocation
Baum Quartett receives Berenberg Culture Prize
BERENBERG | 07.02.2018
Baum Quartett receives Berenberg Culture Prize
Berenberg delivers another year of strong growth as investment continues
BERENBERG | 05.02.2018
Berenberg delivers another year of strong growth as investment continues
Berenberg named Best Mid-Market Equity House at IFR Awards
BERENBERG | 04.01.2018
Berenberg named Best Mid-Market Equity House at IFR Awards
Berenberg brand ambassador Georgia Hall wins the Ladies European Tour
BERENBERG | 13.12.2017
Berenberg brand ambassador Georgia Hall wins the Ladies European Tour
Elite Report: Berenberg “Best Asset Manager
BERENBERG | 21.11.2017
Elite Report: Berenberg “Best Asset Manager" once again in 2018
Berenberg prize for corporate responsibility goes to Orthomol
BERENBERG | 15.11.2017
Berenberg prize for corporate responsibility goes to Orthomol
Berenberg appoints Lars Albert as Head of Sales Asset Management
BERENBERG | 02.11.2017
Berenberg appoints Lars Albert as Head of Sales Asset Management
EUROPEAN EQUITIES: PROFIT GROWTH CONTINUES TO DRIVE THE RALLY
BERENBERG | 02.11.2017
EUROPEAN EQUITIES: PROFIT GROWTH CONTINUES TO DRIVE THE RALLY
Global Private Banking Awards 2017: Berenberg “Best Private Bank in Germany” for the seventh time in a row
BERENBERG | 27.10.2017
Global Private Banking Awards 2017: Berenberg “Best Private Bank in Germany” for the seventh time in a row
Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
BERENBERG | 11.10.2017
Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
Berenberg launches two new Europe-focused equity funds with Matthias Born
BERENBERG | 04.10.2017
Berenberg launches two new Europe-focused equity funds with Matthias Born
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
BERENBERG | 28.09.2017
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
Henning Gebhardt receives Sauren Golden Award 2017
BERENBERG | 08.09.2017
Henning Gebhardt receives Sauren Golden Award 2017
Additional shipping loan portfolio for Berenberg
BERENBERG | 05.09.2017
Additional shipping loan portfolio for Berenberg
Market Commentary: Small and Medium-Size German Companies
BERENBERG | 23.08.2017
Market Commentary: Small and Medium-Size German Companies
Berenberg brand ambassador Langer wins third major in 2017
BERENBERG | 31.07.2017
Berenberg brand ambassador Langer wins third major in 2017
Equity Capital Markets - Berenberg successful in ECM transactions
BERENBERG | 26.07.2017
Equity Capital Markets - Berenberg successful in ECM transactions
Berenberg and Henning Gebhardt are launching an equities fund
BERENBERG | 22.06.2017
Berenberg and Henning Gebhardt are launching an equities fund
Berenberg/HWWI study: The market for digital payment systems is growing – Germany is in last place when it comes to mobile payment usage
BERENBERG | 13.06.2017
Berenberg/HWWI study: The market for digital payment systems is growing – Germany is in last place when it comes to mobile payment usage
Berenberg hires star fund manager Matthias Born
BERENBERG | 27.04.2017
Berenberg hires star fund manager Matthias Born
Tom Watson becomes Berenberg brand ambassador
BERENBERG | 12.04.2017
Tom Watson becomes Berenberg brand ambassador
Berenberg’s net profit for the year increases by 56% to €161 million
BERENBERG | 07.02.2017
Berenberg’s net profit for the year increases by 56% to €161 million
Berenberg is
BERENBERG | 02.11.2016
Berenberg is "Best Private Bank in Germany"

News: Economics

Crypto Currencies - Between Hype and Scepticism
ECONOMICS | 17.10.2018
Crypto Currencies - Between Hype and Scepticism
FED MINUTES: GRADUAL RATE INCREASES LIKELY, BUT EVOLUTION OF DATA IS KEY
ECONOMICS | 17.10.2018
FED MINUTES: GRADUAL RATE INCREASES LIKELY, BUT EVOLUTION OF DATA IS KEY
COMMENTS ON THE STOCK MARKET CORRECTION
ECONOMICS | 11.10.2018
COMMENTS ON THE STOCK MARKET CORRECTION
ASSESSING THE U.S. MIDTERM ELECTIONS: UNCERTAIN OUTCOMES AND IMPLICATIONS
ECONOMICS | 08.10.2018
ASSESSING THE U.S. MIDTERM ELECTIONS: UNCERTAIN OUTCOMES AND IMPLICATIONS
U.S.: SEPTEMBER EMPLOYMENT REPORT SOLID DESPITE LOWER-THAN-EXPECTED HEADLINE
ECONOMICS | 05.10.2018
U.S.: SEPTEMBER EMPLOYMENT REPORT SOLID DESPITE LOWER-THAN-EXPECTED HEADLINE
FED RAISES RATES AND SIGNALS GRADUAL REMOVAL OF MONETARY ACCOMMODATION
ECONOMICS | 26.09.2018
FED RAISES RATES AND SIGNALS GRADUAL REMOVAL OF MONETARY ACCOMMODATION
U.S.: ECONOMIC AND FINANCIAL MARKET RESPONSES TO FED RATE INCREASES
ECONOMICS | 24.09.2018
U.S.: ECONOMIC AND FINANCIAL MARKET RESPONSES TO FED RATE INCREASES
10 YEARS AFTER: 10 LESSONS FROM THE FINANCIAL CRISIS
ECONOMICS | 11.09.2018
10 YEARS AFTER: 10 LESSONS FROM THE FINANCIAL CRISIS
GREECE EXITS BAILOUT - EURO CRISIS
ECONOMICS | 20.08.2018
GREECE EXITS BAILOUT - EURO CRISIS "OFFICIALLY" OVER
TURKISH CONTAGION RISKS: ITALY, EUROZONE, EMERGING MARKETS?
ECONOMICS | 17.08.2018
TURKISH CONTAGION RISKS: ITALY, EUROZONE, EMERGING MARKETS?
TURKEY: SOARING INFLATION + ERDOGAN’S AUTHORITARIAN RULE = FINANCIAL CRISIS
ECONOMICS | 14.08.2018
TURKEY: SOARING INFLATION + ERDOGAN’S AUTHORITARIAN RULE = FINANCIAL CRISIS
US Q2 INVENTORY LIQUIDATION POINTS TO HEALTHY PRODUCTION GROWTH IN H2
ECONOMICS | 08.08.2018
US Q2 INVENTORY LIQUIDATION POINTS TO HEALTHY PRODUCTION GROWTH IN H2
US NOMINAL GDP ACCELERATION: PAY MORE ATTENTION TO IT
ECONOMICS | 06.08.2018
US NOMINAL GDP ACCELERATION: PAY MORE ATTENTION TO IT
BOE TO MARKETS - STEP UP RATE HIKE EXPECTATIONS
ECONOMICS | 02.08.2018
BOE TO MARKETS - STEP UP RATE HIKE EXPECTATIONS
EUROZONE GDP: AUTUMN REBOUND AHEAD AFTER A SOFT PATCH NOW
ECONOMICS | 31.07.2018
EUROZONE GDP: AUTUMN REBOUND AHEAD AFTER A SOFT PATCH NOW
US: STRONG REAL GDP GROWTH IN Q2 POINTS TO SUSTAINED HEALTHY GROWTH IN THE SECOND HALF
ECONOMICS | 27.07.2018
US: STRONG REAL GDP GROWTH IN Q2 POINTS TO SUSTAINED HEALTHY GROWTH IN THE SECOND HALF
CYCLICAL ANALYSIS OF PROFITS AND STOCK MARKET PERFORMANCE IN JAPAN AND CANADA
ECONOMICS | 25.07.2018
CYCLICAL ANALYSIS OF PROFITS AND STOCK MARKET PERFORMANCE IN JAPAN AND CANADA
TRUMP INTENSIFIES TRADE PRESSURES ON CHINA: OBSERVATIONS
ECONOMICS | 12.07.2018
TRUMP INTENSIFIES TRADE PRESSURES ON CHINA: OBSERVATIONS
GERMAN ECONOMY: HOW SERIOUS IS THE SLOWDOWN?
ECONOMICS | 11.07.2018
GERMAN ECONOMY: HOW SERIOUS IS THE SLOWDOWN?
FED RAISES POLICY RATE, PROJECTS TWO MORE HIKES THIS YEAR
ECONOMICS | 13.06.2018
FED RAISES POLICY RATE, PROJECTS TWO MORE HIKES THIS YEAR
PREVIEW OF FED’S JUNE FOMC MEETING
ECONOMICS | 11.06.2018
PREVIEW OF FED’S JUNE FOMC MEETING
ONE YEAR MACRON: FRANCE IS TURNING THE CORNER
ECONOMICS | 15.05.2018
ONE YEAR MACRON: FRANCE IS TURNING THE CORNER
VISUALIZING GLOBAL TRADE: RISING VOLUMES, MULTILATERAL FLOWS
ECONOMICS | 25.04.2018
VISUALIZING GLOBAL TRADE: RISING VOLUMES, MULTILATERAL FLOWS
ITALY'S COALITION PUZZLE: MISSION IMPOSSIBLE?
ECONOMICS | 18.04.2018
ITALY'S COALITION PUZZLE: MISSION IMPOSSIBLE?
TRUMP'S CHAOTIC TRADE NEGOTIATIONS WILL LIKELY RESULT IN LOWER BARRIERS, BUT AT A COST
ECONOMICS | 04.04.2018
TRUMP'S CHAOTIC TRADE NEGOTIATIONS WILL LIKELY RESULT IN LOWER BARRIERS, BUT AT A COST
Berenberg/HWWI-study
ECONOMICS | 27.03.2018
Berenberg/HWWI-study "Shipping in an era of digital transformation"
POLITICAL UPDATE: WHAT NEXT FOR ITALY?
ECONOMICS | 16.03.2018
POLITICAL UPDATE: WHAT NEXT FOR ITALY?
PROPOSED TARIFFS, POLITICAL DISCORD, AND MARKETS
ECONOMICS | 07.03.2018
PROPOSED TARIFFS, POLITICAL DISCORD, AND MARKETS
CONUNDRUM: WHAT IF BOND YIELDS STAY TOO LOW AGAIN?
ECONOMICS | 06.03.2018
CONUNDRUM: WHAT IF BOND YIELDS STAY TOO LOW AGAIN?
AFTER ITALY: DEALING WITH THE POPULIST MENACE IN EUROPE
ECONOMICS | 06.03.2018
AFTER ITALY: DEALING WITH THE POPULIST MENACE IN EUROPE
ITALY: A MAJOR POLITICAL UPSET
ECONOMICS | 05.03.2018
ITALY: A MAJOR POLITICAL UPSET
PRESIDENT TRUMP'S PROPOSED TARIFFS ON STEEL AND ALUMINUM: THE ECONOMIC IMPLICATIONS OF WRONG-HEADED POLICIES
ECONOMICS | 02.03.2018
PRESIDENT TRUMP'S PROPOSED TARIFFS ON STEEL AND ALUMINUM: THE ECONOMIC IMPLICATIONS OF WRONG-HEADED POLICIES
EUROZONE SENTIMENT STILL LOOKS PROMISING DESPITE SMALL CORRECTION
ECONOMICS | 27.02.2018
EUROZONE SENTIMENT STILL LOOKS PROMISING DESPITE SMALL CORRECTION
FED CHAIR POWELL’S TESTIMONY: BULLISH ON ECONOMIC MOMENTUM
ECONOMICS | 27.02.2018
FED CHAIR POWELL’S TESTIMONY: BULLISH ON ECONOMIC MOMENTUM
THE STORY BEHIND GERMANY'S CURRENT ACCOUNT
ECONOMICS | 23.02.2018
THE STORY BEHIND GERMANY'S CURRENT ACCOUNT
MOMENTUM IN GLOBAL ECONOMIES AND TRADE
ECONOMICS | 16.02.2018
MOMENTUM IN GLOBAL ECONOMIES AND TRADE
ITALIAN ELECTION: ASSESSING THE RISKS
ECONOMICS | 15.02.2018
ITALIAN ELECTION: ASSESSING THE RISKS
MONDAY MACRO UPDATE: MARKET RISKS, GERMAN POLITICS, BREXIT
ECONOMICS | 12.02.2018
MONDAY MACRO UPDATE: MARKET RISKS, GERMAN POLITICS, BREXIT
GERMAN COALITION: THEY HAVE A DEAL, BUT NOT YET A GOVERNMENT
ECONOMICS | 07.02.2018
GERMAN COALITION: THEY HAVE A DEAL, BUT NOT YET A GOVERNMENT
THE EUROZONE LABOUR MARKET: NICE JOB
ECONOMICS | 02.02.2018
THE EUROZONE LABOUR MARKET: NICE JOB
TRUMP’S STATE OF THE UNION – ECONOMIC TAKEAWAYS ON INFRASTRUCTURE SPENDING INITIATIVE
ECONOMICS | 30.01.2018
TRUMP’S STATE OF THE UNION – ECONOMIC TAKEAWAYS ON INFRASTRUCTURE SPENDING INITIATIVE
MACRO UPDATE: GERMAN COALITION, GERMAN STRIKES, ITALIAN ELECTION, CATALONIA
ECONOMICS | 29.01.2018
MACRO UPDATE: GERMAN COALITION, GERMAN STRIKES, ITALIAN ELECTION, CATALONIA
RETURN TO THE MEAN: THE CURRENCY STORY
ECONOMICS | 26.01.2018
RETURN TO THE MEAN: THE CURRENCY STORY
US Q4 REAL GDP: STRONG DOMESTIC DEMAND AND MOMENTUM SUGGEST MORE TO COME
ECONOMICS | 26.01.2018
US Q4 REAL GDP: STRONG DOMESTIC DEMAND AND MOMENTUM SUGGEST MORE TO COME
GERMAN SPD NARROWLY BACKS NEW TERM FOR MERKEL - BUT RISKS REMAIN
ECONOMICS | 21.01.2018
GERMAN SPD NARROWLY BACKS NEW TERM FOR MERKEL - BUT RISKS REMAIN
OUTLOOK 2018: ALMOST TOO GOOD TO BE TRUE?
ECONOMICS | 17.01.2018
OUTLOOK 2018: ALMOST TOO GOOD TO BE TRUE?
US: ELEVATED SENTIMENT BODES WELL FOR 2018 REAL ACTIVITY
ECONOMICS | 10.01.2018
US: ELEVATED SENTIMENT BODES WELL FOR 2018 REAL ACTIVITY
GLOBAL OUTLOOK 2018: COPING WITH THE BOOM
ECONOMICS | 04.01.2018
GLOBAL OUTLOOK 2018: COPING WITH THE BOOM
U.S. TAX REFORM LEGISLATION OBSERVATIONS
ECONOMICS | 21.12.2017
U.S. TAX REFORM LEGISLATION OBSERVATIONS
U.S. TAX REFORM TO LIFT GROWTH, PROFITS, EMPLOYMENT, AND WAGES
ECONOMICS | 17.12.2017
U.S. TAX REFORM TO LIFT GROWTH, PROFITS, EMPLOYMENT, AND WAGES
Eurozone outlook: how hot can it get?
ECONOMICS | 06.12.2017
Eurozone outlook: how hot can it get?
The great convergence: Eurozone labour costs
ECONOMICS | 01.12.2017
The great convergence: Eurozone labour costs
EUROZONE SENTIMENT: SOFT DATA SIGNALS UPSIDE RISK FOR COMING QUARTERS
ECONOMICS | 29.11.2017
EUROZONE SENTIMENT: SOFT DATA SIGNALS UPSIDE RISK FOR COMING QUARTERS
The 2017 Euro Plus Monitor - into a higher gear
ECONOMICS | 29.11.2017
The 2017 Euro Plus Monitor - into a higher gear
US CONSUMER - CONFIDENCE DRIVEN SPENDING
ECONOMICS | 28.11.2017
US CONSUMER - CONFIDENCE DRIVEN SPENDING
UPDATED HOUSE-SENATE SIDE-BY-SIDE TAX LEGISLATION COMPARISON
ECONOMICS | 21.11.2017
UPDATED HOUSE-SENATE SIDE-BY-SIDE TAX LEGISLATION COMPARISON
FOUR GERMAN QUESTIONS
ECONOMICS | 20.11.2017
FOUR GERMAN QUESTIONS
US: HOUSE PASSES ITS TAX BILL, SENATE UP NEXT
ECONOMICS | 16.11.2017
US: HOUSE PASSES ITS TAX BILL, SENATE UP NEXT
US: CORE CONSUMER PRICES FIRMING AND RETAIL SALES SOLID IN OCTOBER
ECONOMICS | 15.11.2017
US: CORE CONSUMER PRICES FIRMING AND RETAIL SALES SOLID IN OCTOBER
GERMANY: THE BEST OF THE GOLDEN DECADE
ECONOMICS | 14.11.2017
GERMANY: THE BEST OF THE GOLDEN DECADE
EUROZONE GROWTH: EVEN ITALY AND PORTUGAL ARE HELPING
ECONOMICS | 14.11.2017
EUROZONE GROWTH: EVEN ITALY AND PORTUGAL ARE HELPING
TIME TO WORRY? OIL PRICES AND GEOPOLITICAL RISKS
ECONOMICS | 10.11.2017
TIME TO WORRY? OIL PRICES AND GEOPOLITICAL RISKS
US House, Senate Tax Legislation Bills Advance
ECONOMICS | 10.11.2017
US House, Senate Tax Legislation Bills Advance
SHOULD THE ECB STILL RELY ON THE PHILLIPS CURVE?
ECONOMICS | 03.11.2017
SHOULD THE ECB STILL RELY ON THE PHILLIPS CURVE?
CHART OF THE WEEK - BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
ECONOMICS | 20.10.2017
CHART OF THE WEEK - BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
ECONOMICS | 20.10.2017
BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
THE POWER OF MONEY: STABLE UPSWING AHEAD
ECONOMICS | 13.10.2017
THE POWER OF MONEY: STABLE UPSWING AHEAD
U.S. CONFIDENCE POINTS TOWARD SUSTAINED MOMENTUM
ECONOMICS | 09.10.2017
U.S. CONFIDENCE POINTS TOWARD SUSTAINED MOMENTUM
NOTES ON THE INFLATION PUZZLE
ECONOMICS | 06.10.2017
NOTES ON THE INFLATION PUZZLE
NOTES ON THE INFLATION PUZZLE
ECONOMICS | 06.10.2017
NOTES ON THE INFLATION PUZZLE
THE BERENBERG GUIDE TO THE GERMAN ELECTION
ECONOMICS | 21.09.2017
THE BERENBERG GUIDE TO THE GERMAN ELECTION
THE BOE'S JOB IS DONE: IT IS TIME FOR RATE HIKES
ECONOMICS | 01.09.2017
THE BOE'S JOB IS DONE: IT IS TIME FOR RATE HIKES

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Around 1,600 employees assist our clients with first-class services and profound know-how in four business divisions.

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What is excellent wealth management? To us it means providing comprehensive support to you as a high-net-worth individual and your relatives – in all areas which directly or indirectly impact your financial situation.

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Berenberg Asset Management offers private and institutional investors innovative concepts and professional risk management strategies. Our experts develop solutions that are specifically configured for your needs and address your return, risk and liquidity goals, focussing preferentially on selected areas where we have especially deep knowledge.

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Berenberg’s investment banking activities cover a broad range of services.

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Berenberg embodies high-quality and independent advice, mutual trust as well as fast and reliable decision-making.

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Private bank Berenberg traces its roots back to the year 1590. It is thus not only one of the oldest banks in the world, it has also seen a highly dynamic development in the past few years.

Golf

Berenberg’s brand ambassadors can look back on a successful performance: The team of eight has won 24 major tournaments, 27 senior majors and one ladies major. Even the best round ever played in a major with 62 strokes was played by a Berenberg brand ambassador: Branden Grace played it at the Open 2017.
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We have been made aware that certain members of the public have been approached by fraudsters and scammers purporting to work for Berenberg, to try to convince people to make bogus Investments (Clone firm). Under false pretences, these criminals obtain personal data for opening an account and request that investors transfer money in advance to secure their purchase. Please note that Berenberg does not deal with people solely via email, telephone or social media. Thus, please note that Berenberg can only be reached through the contact data that are stored on this homepage. In the light of recent developments we would like to point out that there is no relation between Berenberg and “berenberg-loyal“. If in doubt, please contact ComplianceAML@berenberg.de.

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48155 Münster
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Boston MA 02109
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Chicago, IL 60611
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40474 Düsseldorf

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Phone +49 711 490 44 90-30

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1010 Vienna
Phone +43 1 227 57-0

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Kreuzstrasse 5
8008 Zurich
Phone +41 44 284-2020

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Freischützgasse 10
8004 Zurich
Phone +41 44 283-2020

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29, Quai du Mont-Blanc
1201 Geneva
Phone +41 22 308 59-00