Press

We are happy to be of assistance to journalists seeking additional information. An overview of our press releases is available below.

Head of Corporate Communications
Karsten Wehmeier
TELEPHONE: +49 40 350 60-481
Press Officer
Sandra Hülsmann
TELEPHONE: +49 40 350 60-8357
Press Officer
Frank Bremser
TELEPHONE: +49 69 91 30 90-515

Press

  • 24.05.2019 — Berenberg has the best team and the best fund manager for German equities

    Hamburg. Fund rating agency Citywire has selected Berenberg’s Asset Management as the best address for German equities for the second time in a row. Furthermore, Henning Gebhardt, Head of Wealth and Asset Management and fund manager for Berenberg Aktien-Strategie Deutschland, won the distinction of best fund manager for German equities. In addition to the fund performance, factors such as the experience of the individual managers and of the team as a whole were taken into consideration.Hea (...)

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  • 16.05.2019 — Berenberg Polo-Derby: Berenberg presents polo at the highest level of the sport in Klein Flottbek

    • International players and 160 horses are expected• High goal tournament starts with eight teamsHamburg. From 21 to 23 June, private bank Berenberg is hosting the tradition-steeped Berenberg Polo Derby at Hamburg Polo Club in Klein Flottbek for the 19th time. Top players from Argentina and Germany are expected. They will play in the highest class of the sport – the High Goal."We are very pleased to be able to present a top-class tournament once again this year,&qu (...)

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  • 20.03.2019 — Berenberg is extending its fund range with sustainable equities fund

    Hamburg. In cooperation with Universal-Investment, Berenberg has launched a new ESG fund. Managed by Bernd Deeken, this equities fund, Berenberg Sustainable World Equities, invests in global equities with a focus on sustainability. This makes the fund the third ESG fund of Germany’s oldest private bank, following the Berenberg Sustainable EM Bonds and Berenberg 1590 Stiftung funds launched last year.Sustainability aspects and ESG (Environmental, Social, Governance) factors have, for some t (...)

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  • 06.02.2019 — Harpist Anaëlle Tourret awarded Berenberg Culture Prize 2019

    Hamburg. Around 400 guests attended last night’s Berenberg Culture Prize ceremony at Hamburg's Elbphilharmonie concert hall. The 10,000 euro award went to Harpist Anaëlle Tourret.French-born Anaëlle Tourret studied under Prof. Xavier de Maistre at the Hamburg Academy of Music and Theatre, finishing in 2016 with a graduate recital. Anaëlle Tourret regularly gives solo and chamber concerts, as well as appearing as solo harpist with well-known orchestras. She has won variou (...)

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  • 01.02.2019 — Berenberg increases market share despite declining earnings

    Equity Capital Markets transaction volume rose from €8.6 billion to €16.7 billionRevenues from equities trading increased by 25%Stock market slump caused a significant fall in earnings Hamburg. Berenberg succeeded in winning market shares once again in 2018 but ended the financial year with a significant fall in net profit for the year to €23 million (previous year: €90 million).“The year 2018 was the most difficult trading year for a decade. There were ups and dow (...)

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  • 21.01.2019 — Berenberg/HWWI study on “sovereign debt”

    Hamburg/Frankfurt. The 2008/2009 global financial crisis led to a huge increase in sovereign debt virtually everywhere. The mountain of debt in most countries remains high despite good economic developments in recent years. “In our assessment, a new debt crisis is nevertheless not to be expected if the world sees another one or two years of good economic growth,” says Dr Jörn Quitzau, macroeconomic specialist at Berenberg in the current study entitled “Sovereign Debt” published by private bank Berenberg and the Hamburg Institute of International Economics (HWWI). “The single largest risk is that of a more significant economic downturn or collapse in growth.”Ten years ago, the global economic and financial crisis reached its peak. With the economic stimulus measures and the direct aid for troubled financial institutions, national governments took on heavy financial burdens. Parts of what had been private debt were converted into public debt. In the eurozone, sovereign debt rose by 14.5 percentage points to almost 85% of GDP over the period from 2008 to 2018. The debt levels of the largest advanced economies (G7) climbed by 27 percentage points to roughly 117% over the same period. The US accounted for a major share of this large increase, with debt levels shooting up by 31 percentage points to more than 100% of GDP in the corresponding period. Of the industrialized nations, Japan has by far the highest debt level. Its sovereign debt amounted to over 230% of GDP in 2017.Thanks to the strong performance of the global economy, the issue of debt has slipped out of focus slightly in recent years. But this does not mean that the problem has been solved. In principle, there are various risk factors that could lead to a new debt crisis, especially when they interact.Risk factor 1: Collapse of the economy and of growth. Because the economy as a whole is performing well, it will probably take some time before debt becomes a major topic again. At the same time, individual countries whose economies fail could experience difficulties sooner. As long as this does not happen in any large country, however, no widespread debt crisis would occur. “If the number of countries affected by a collapse in growth were to increase, the situation might correspondingly deteriorate more sharply, however,” says Quitzau. Signs of a more substantial economic slowdown, if not a recession, are already appearing on the horizon.Risk factor 2: Interest rate increases. Tighter monetary policy goes hand in hand with a rise in capital market interest rates. This increases governments’ cost of financing, and the burden of debt begins to weigh a little more heavily. “Nevertheless, there are structural factors at play which indicate that interest rates will rise only moderately rather than dramatically, even in the face of tighter monetary policy. In addition, the effect of higher interest rates will be gradual, and thus subject to a time lag. This means increasing interest rates do not constitute a direct risk for the time being”, says Prof Dr Henning Vöpel, Director of the HWWI.Risk factor 3: Crisis of trust. Although the present low interest rates may indicate that the high debt levels are unproblematic, a basic level of vigilance is urged. The mood can change profoundly without notice, causing interest rates to skyrocket. In the atmosphere of uncertainty prevailing, waning trust does not trigger debt crises but it does act as an accelerant. Increasing populism can also contribute to a crisis of trust over the medium term if simple and expensive antidotes prove to be counterproductive.Risk factor 4: Contagion. The eurozone is less susceptible now than during the euro crisis to the risk of a crisis in one member state spreading to other countries. By contrast, emerging economies in particular are exposed to significant risk of contagion. “Yet, over the long term, the greatest risk stems from large countries such as Japan and the US. If these countries were to lose the trust of the financial markets, international ties mean that other countries would be caught up in the debt spiral,” says Vöpel.Risk factor 5: Foreign debt. Emerging economies that hold a high level of debt in foreign currency are subject to an additional exchange rate risk. Time after time, increasing dollar exchange rates have prompted concerns that emerging economies may be unable to repay their debts financed in US dollars.Risk factor 6: Demographics. The average age in many western societies is increasing – with negative consequences for economic development and for public finances. Alongside the officially reported explicit debt, there is hidden or implicit debt contained in the social security systems of many countries. In Germany, for example, implicit debt is higher than the officially reported debt. Implicit and explicit debt together amount to somewhere in the region of 150% of GDP. Nevertheless, this period of demographic change is likely to pose no risk in the short term and very limited potential for risk in the medium term. “The state will probably introduce a bundle of measures to free itself from a good portion of the implicit debt,” says Quitzau. “For example, welfare entitlements can be decreased relatively easily by raising the pension entry age.”“The single largest risk is that of a more significant economic downturn or collapse in growth. The trigger may, for example, consist of a normal cyclical downturn, an unforeseeable economic event or failure of a highly indebted country’s economic policies,” says Berenberg economist Quitzau. “In a worst-case scenario, several factors would combine, for example a collapse in growth combined with a loss of trust on the bond markets and contagion effects between the countries. In a constellation like this one, an international sovereign debt crisis would be possible.”Germany is one of the few countries to have really bucked the trend. Its debt has fallen from 66.8% in 2008 to around 60% in 2018. In the between time, the level of debt had increased to more than 80% on account of the crisis in 2010. While this reduction in debt is facilitated by the low interest rates, it is in particular the powerful economic growth levels and the resulting higher tax revenues that have led to this positive result. Many other eurozone countries are facing a very different situation. “The global economy still has not reached a state of normality. In many countries, debt has risen on account of the crisis, considerably in some cases. It would be naive to rely on expansive monetary policy alone, especially as many central banks have hardly any leeway, in the event of a further crisis, to deploy monetary policy measures to counteract critical developments,” says Vöpel.The financial markets are currently focused on Italy. Its debt ratio stood at more than 130 % of GDP in 2017. “Italy could be the first country to get into serious difficulties in the next recession unless the government moves away from its economic policy plans beforehand,” summarises Berenberg economist Quitzau. “In the medium term, the US will also have to consolidate its state finances. This is something the world’s largest national economy has succeeded in doing several times in the past. Last but not least, in the long term Japan will need to demonstrate how its mountain of debt can be overcome, as the central bank cannot be the only solution.” 

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  • 29.11.2018 — Elite Report Award 2019: Berenberg again “Best Asset Manager”

    Hamburg/Munich. For the tenth time in a row, the Berenberg private bank has been named “Best Asset Manager” in the German-speaking countries in the Handelsblatt Elite Report. Yesterday evening Germany’s oldest private bank was once again awarded first place in Munich in the report “The Elite Asset Managers”. This is the tenth time in a row that Berenberg has taken the top slot, and the 15th time it has received the “summa cum laude” appellation. Elite Re (...)

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  • 08.11.2018 — Global Private Banking Awards 2018: Berenberg named “Best Private Bank in Germany” for the eighth time in a row

    Hamburg/London. The Berenberg private bank has again been titled “Best Private Bank in Germany” in the Global Private Banking Awards. This is the tenth time the Financial Times Group, with its trade journals The Banker and Professional Wealth Management, has given this coveted annual award. Germany’s oldest private bank is the world’s only institution to gain this title eight times in a row.Hans-Walter Peters, Spokesman of the managing partners of Berenberg, said “w (...)

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  • 27.09.2018 — Berenberg Corporate Responsibility Award goes to Ritter Sport
  • 25.09.2018 — HWWI/Berenberg Culture City Ranking 2018: Stuttgart again Culture Capital No. 1, Dresden edges ahead of Berlin

    • Stuttgart, Dresden, Berlin, Munich and Karlsruhe in the Top 5• Wiesbaden makes the greatest progress• Gelsenkirchen, Mönchengladbach and Duisburg again in last placeHamburg. For the fourth time since 2012, 2014 and 2016, the Hamburg Institute of International Economics (HWWI) and the Berenberg private bank examined the cultural life of the 30 largest cities in Germany. The results: Stuttgart has further extended its lead, and took the title of Germany’s (...)

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  • 17.09.2018 — Family Entrepreneurs Acquire Berenberg Bank (Schweiz) AG

    Zurich/Hamburg. A group of shareholders, most notably including entrepreneurs Adrian and Andreas Keller, Michael Pieper, Dr. Andreas Jacobs, as well as Claus-G. Budelmann, will acquire the majority of Berenberg Bank (Schweiz) AG, together with the current Management. After the closing of the transaction, the company will operate under the name «Bergos Berenberg AG». The group of investors will acquire 80.1% of Berenberg Bank (Schweiz). The former sole shareholder, the Hamburg-based p (...)

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  • 17.07.2018 — First Structured Finance Solution by Institutional Investors of a German Passenger Rail Concession

    Berenberg, MEAG and Talanx have jointly structured the first financing by institutional investors of a German regional passenger rail franchise (SPNV) through a leasing structure with Deutsche Anlagen Leasing (DAL).Affiliates of MEAG and Talanx acted as debt investors to fund new rolling stock for the Ulm area SPNV franchise.Berenberg Private Bank was Coordinator and Arranger of the transaction, utilising its extensive experience in the infrastructure market.Operation of the Ulm area network was (...)

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  • 13.07.2018 — Euromoney Awards for Excellence 2018: Berenberg is Germany's best investment bank

    London. Berenberg is further expanding its position in investment banking and was named “Best Investment Bank in Germany” in the “Euromoney Awards for Excellence” by the renowned business magazine.David Mortlock, Head of Investment and Corporate Banking at Berenberg, received the award: “We are delighted to have received this award as it recognizes our efforts to provide first-class investment banking services to companies and international investors. We are proud o (...)

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  • 30.05.2018 — Ethical family-owned companies wanted - Berenberg recognises corporate responsibility

    Hamburg. For the third time, Germany’s oldest private bank will award the Berenberg Corporate Responsibility Award. This award recognises family-owned companies in Germany that show a special sense of societal responsibility, be it through social, societal or cultural commitment.“Family companies in particular have a very strong sense of corporate responsibility, because their thinking is focused on the long term and on sustainability. This award is intended as a tangible recognition (...)

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  • 09.05.2018 — Berenberg receives award as best asset manager for German equities

    Hamburg. Berenberg’s Asset Management division has won the Germany Award of funds rating agency Citywire in the category for German Equities. Citywire has thus named the equities experts who work with Henning Gebhardt, Head of Wealth and Asset Management at Berenberg, as the best investment team available for German investors in this asset class. In addition to the fund performance, factors such as the experience of the individual managers and of the team as a whole were taken into conside (...)

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  • 07.05.2018 — Mark O’Meara joins Berenberg’s brand ambassador programme

    Hamburg. Berenberg, the world’s second oldest bank, extends its golf brand ambassador programme with former Masters and British Open champion  Mark O’Meara (USA).Berenberg and O’Meara have agreed a multi-year partnership, during which the American will wear the Berenberg name on the front of his cap and take part in several of the bank’s tournaments, including both of the Berenberg Gary Player Invitationals, in Wentworth, UK, and in GlenArbor near New York.“We (...)

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  • 02.05.2018 — Private Banker International Awards: Berenberg wins award as Germany’s best private bank

    Hamburg. Private bank Berenberg has won the title of Germany’s best private bank (Outstanding Private Bank Germany – Domestic Players) at the Private Banker International Awards 2018. The prize for the best bank for ultra high net worth individuals (Outstanding UHNW Offering in Germany) also went to Germany’s oldest private bank.“This award is confirmation of the path we have taken, which is to place customer value at the heart of what we do and offer innovative, customis (...)

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  • 09.04.2018 — Berenberg Digital Infrastructure Debt Fund I invests in the expansion of fibre-optic networks

    Hamburg. Germany’s oldest private bank offers institutional and individual investors the opportunity to invest in the expansion of data networks in Europe through the Berenberg Digital Infrastructure Debt Fund I.The digital infrastructure market has been growing dynamically for years: The annual data volume in Germany and abroad has risen dramatically. New services and applications will further drive this growth in the future. Consequently the worldwide volume of data is expected to increa (...)

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  • 27.03.2018 — Berenberg/HWWI Study: Shipping in an era of digital transformation: Structural shift in shipping – opportunities through digital networking

    Hamburg. The digitalization process taking place in every area will also determine the future of shipping. The changes will affect the structures and business models of the industry as well as production. “Shipping will be marked by much greater integration of individual business models, becoming part of overall logistics platforms,” said Berenberg economist Dr Jörn Quitzau in the new “Shipping in an era of digital transformation” study put out by the Berenberg priva (...)

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  • 16.02.2018 — 2018 Private Banking Survey: Euromoney Award for Berenberg

    Hamburg. For the second time in succession, the Berenberg private bank gained third place in the overall rankings for Germany in the fifteenth "Euromoney Private Banking Survey" by the well-known business magazine of the same name."We are proud to have been able to repeat last year's very good placing," said Henning Gebhardt, Manager of Wealth and Asset Management at Berenberg. "As an owner-managed private bank with a company tradition going back 428 years, we have a (...)

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  • 07.02.2018 — Baum Quartett receives Berenberg Culture Prize

    Hamburg. The 10,000-euro Berenberg Culture Prize went to the Baum Quartett from South Korea, currently studying at the Hamburg School of Music and Theatre. Over 350 guests attended last night’s award ceremony at Hamburg's Elbphilharmonie concert hall.The Baum Quartett, consisting of Sun Shin (violin), Onyou Kim (violin), Daekyu Han (viola) and Hang-Oh Cho (cello), was founded in Seoul in March 2016. The name Baum (“Tree”) is meant to reflect the beauty of the tree as a unit (...)

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  • 05.02.2018 — Berenberg delivers another year of strong growth as investment continues

    • Net profit for the year of € 90.2 million• Equities revenue up 69% to € 240 million• Record commission income of € 343 million, up 35.3%• Significant expansion of equity platformLondon/Hamburg. Berenberg, one of the leading privately owned banks in Europe, delivered another strong performance in 2017, with net profit for the year of € 90.2 million and a return on equity of 43%. The bank has continued to invest in future growth, expand (...)

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  • 04.01.2018 — Berenberg named Best Mid-Market Equity House at IFR Awards

    •  €8.6 billion issue volume•  51 transactions accompanied•  Again No. 1 in German-language ECMHamburg/London. Berenberg has continued to grow its standing in European Equity Capital Markets (ECM) and has been named the best “EMEA Mid-Market Equity House” by renowned industry publication International Financing Review (IFR) of the Thomson-Reuters Group.“Having conquered its home market of Germany, Berenberg is rapidly building in the UK and el (...)

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  • 21.11.2017 — Elite Report: Berenberg “Best Asset Manager" once again in 2018

    Hamburg/Munich. Private bank Berenberg has been named “Best Asset Manager” by the “Elite Report” for the ninth time in a row.Yesterday evening in Munich, Germany’s oldest private bank was awarded the “Winner’s certificate” in the report “Die Elite der Vermögensverwalter”. This is now the ninth consecutive time that Berenberg has achieved the best score in the analysis, winning the “summa cum laude” distinction for the 1 (...)

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  • 15.11.2017 — Berenberg prize for corporate responsibility goes to Orthomol

    Hamburg/Frankfurt. On Tuesday evening in Frankfurt, Germany’s oldest private bank awarded for the second time the “Berenberg prize for corporate responsibility” to the pharmaceuticals company Orthomol in front of more than 100 family owned companies. Therewith Berenberg shows honored the “Orthomol mit Herz” (‘With love from Orthomol’) initiative. As part of the initiative, the specialist for nutrition medicine is involved in various projects to promote a (...)

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  • 02.11.2017 — Berenberg appoints Lars Albert as Head of Sales Asset Management

    Hamburg. Having recently hired additional portfolio managers, Germany’s oldest private bank is now following suit on the sales side, with Lars Albert (40) moving from Barings to Berenberg as of 1 November.Berenberg set up no fewer than four new funds at the beginning of October: two European equity funds managed by Matthias Born and two second-tier stock funds managed by Peter Kraus, both of whom had just moved from Allianz Global Investors to Berenberg. There is also Berenberg Aktien-Stra (...)

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  • 27.10.2017 — Global Private Banking Awards 2017: Berenberg “Best Private Bank in Germany” for the seventh time in a row

    Hamburg/London. Private bank Berenberg has once again been named “Best Private Bank in Germany” in the “Global Private Banking Awards” in London. For the ninth time, the “Financial Times” with its trade magazines “The Banker” and “Professional Wealth Management” awarded this sought-after title. Germany’s oldest private bank is the only institute in the world to win this annual award for the seventh consecutive time.“We are p (...)

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  • 11.10.2017 — Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks

    Hamburg. Private bank Berenberg is extending its range of funds to include two new equity funds with a focus on European second-tier stocks. The funds will be managed by renowned fund manager Peter Kraus, who moved from Allianz Global Investors (AGI) to Berenberg at the beginning of October.“With the Berenberg European Small Cap and the Berenberg European Micro Cap, we will invest in European second-tier stocks that display well above average growth and lasting high profitability.” T (...)

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  • 04.10.2017 — Berenberg launches two new Europe-focused equity funds with Matthias Born

    Hamburg. Private bank Berenberg is extending its range of funds to launch two new equity funds focused on all-cap Europe and the eurozone. The fund will be managed by renowned fund manager Matthias Born, who moved from Allianz Global Investors (AGI) to Berenberg at the beginning of October.Berenberg European Focus Fund will invest in all European countries, while Berenberg Eurozone Focus Fund will be focused on the euro currency area. “With the new equity funds, we will use a fundamental s (...)

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  • 15.09.2017 — HWWI/Berenberg City Ranking: Munich defends first place - three cities in Eastern Germany among the Top 5

    Leipzig (second place), Dresden (fourth) and Berlin (fifth) in the Top 5• Former long-term winner Frankfurt in third place• Gelsenkirchen comes in lastHamburg/Frankfurt. Munich is again the winner of the HWWI/Berenberg City Ranking. The Bavarian state capital led the field of the 30 largest cities in Germany for the second time, following 2015. Rising star Leipzig ascended to second place. With Dresden (fourth) and Berlin (fifth), this puts three cities in Eastern Germany in (...)

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  • 08.09.2017 — Henning Gebhardt receives Sauren Golden Award 2017

    Hamburg/Frankfurt. In the funds industry, this day is always awaited with anticipation - the presentation of the Sauren Golden Awards is an important date for German and international fund managers. This year’s Sauren Golden Award for “Comeback of the year” went to Henning Gebhardt, Director Wealth and Asset Management at Berenberg and manager of the new flagship fund “Berenberg Aktien-Strategie Deutschland.” Gebhardt was also awarded two Gold Medals.“The rati (...)

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  • 05.09.2017 — Additional shipping loan portfolio for Berenberg

    Hamburg. Berenberg together with a Japanese financial institution have purchased a further around USD 460 million shipping performing loan portfolio from the Royal Bank of Scotland (RBS).Most of the loans purchased by Berenberg will go into the “Berenberg Alternative Asset Fund” in Luxembourg. Others have been transferred to selected third party investors. End of last year Berenberg had already purchased a first RBS performing shipping loan portfolio of around 300 million USD for the (...)

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  • 15.08.2017 — Berenberg recognises socially responsible companies

    Hamburg. For the second time since 2014, Germany’s oldest private bank will present the Berenberg Corporate Responsibility Award. This award recognises family-owned companies showing a special sense of societal responsibility, be it through social, societal or cultural commitment, for its employees or the public at large.“Corporate responsibility is particularly pronounced among family-owned companies. This has much to do with the fact that the owners have a very long-term outlook wi (...)

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  • 31.07.2017 — EUR 95,000 for needy kids – Berenbergers “dig” for a good cause

    Hamburg. On Saturday 29 July, employees of the private bank Berenberg hit the beach volleyball courts at the Hamburg Beach Center to play for a good cause in the BerenbergKids Beach Cup, for the seventh year in a row.Eight teams and roughly 50 “Berenbergers” dug, slapped and smashed the volleyball from 10 a.m. to 3 p.m. for the benefit of the BerenbergKids Foundation. Before the tournament, the players had collected EUR 95,000 worth of donations as a kind of “entry fee”, (...)

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  • 04.07.2017 — Berenberg recruits Dr. Bernd Meyer as Chief Strategist for Wealth and Asset Management

    Hamburg. Germany’s oldest private bank is continuing to expand its Wealth and Asset Management. Dr. Bernd Meyer (49), a multi-asset strategist who has won many distinctions, will switch from Commerzbank to Berenberg as of 1 October. “With Bernd Meyer, we are delighted to have hired an internationally respected expert for equity and asset allocation. Not only does he have 20 years of professional experience as a market strategist, he has also been involved in empirical capital ma (...)

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  • 22.06.2017 — Berenberg and Henning Gebhardt are launching an equities fund

    Hamburg. Just less than half a year after Henning Gebhardt switched to Germany's oldest private bank, “Mr. Stock” intends to build up Berenberg's new flagship fund “Berenberg Aktien-Strategie Deutschland”.His strategy is based heavily on his first absolute return fund, “DWS Aktien Strategie Deutschland”, which he managed for 16 years at DWS until he switched to Berenberg. Hence, Gebhardt is continuing his excellent track record.“The basis for the (...)

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  • 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

     Payment systems are not immune to the increasing digitalisation of life in our time. Given the diverse range of digital possibilities, it is even possible to imagine a cashless economy today. “Despite all the technical alternatives, we do not believe that cash is on the verge of extinction”, said Berenberg economist Dr Jörn Quitzau

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  • 27.04.2017 — Berenberg hires star fund manager Matthias Born

    Born joins Bernberg as Chief Investment Officer Equities from Allianz Global Investors (AGI)Peter Kraus (also from AGI) takes over the small and mid cap team at Berenberg Wealth and Asset ManagementHamburg. With the appointments of Matthias Born and Peter Kraus, Berenberg has managed to win two well-known investment professionals. Both join from Allianz Global Investors and will start working for the pri-vate bank on 1 October. These moves are reflective of the expansion with-in Berenberg’ (...)

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  • 12.04.2017 — Tom Watson becomes Berenberg brand ambassador

    Hamburg. Berenberg, the second oldest Bank in the world, is further extending its brand ambassador programme: Golf legend Tom Watson represents the Bank on the US Champions Tour.Berenberg and Watson have agreed on a multi-annual cooperation during which Watson will wear the Berenberg lettering on the front of his cap and will participate in several of the bank’s tournaments, among others both Berenberg Gary Player Invitationals in Wentworth, UK, and in Glen Arbor near New York.“We ar (...)

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  • 07.02.2017 — Berenberg’s net profit for the year increases by 56% to €161 million

    Second oldest bank in the world records highest earnings in its 427-year historyBerenberg wins further market shares and increases headcount by 175 to 1,506Plans to expand Wealth and Asset ManagementHamburg. Berenberg is continuing on its growth trajectory. 2016 saw a high level of investment once again, with the number of employees rising by 13.1% to 1,506. Net profit for the year rose by 56% to €161 million.“We want to continue to expand our position as an advisor for complex assets (...)

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  • 07.02.2017 — Berenberg Bank Foundation of 1990: Pianist Volodymyr Lavrynenko Receives 2017 Berenberg Cultural Prize

    Hamburg. Over 400 guests attended the Berenberg Cultural Prize award ceremony at Hamburg's Elbphilharmonie concert hall yesterday evening. The 10,000 euro prize went to concert pianist Volodymyr Lavrynenko, who is studying at the Hamburg School of Music and Theatre. This year's prize-winner Volodymyr Lavrynenko was born in the Ukraine and had piano lessons when he was only five years old. He attended the M. Lysenko Special School of Music for the especially gifted and later attended (...)

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  • 23.01.2017 — Fred Couples joins Berenberg’s brand ambassador programme

    Hamburg. The former Masters winner and world no. 1, Fred Couples (USA), completes the brand ambassador programme of Germany’s oldest bank, Berenberg.Berenberg and Couples have agreed a partnership to run over a number of years, during which Couples will wear the Berenberg lettering on the front of his cap and take part in several of the bank’s tournaments, including both of the Berenberg Gary Player Invitationals, in Wentworth, UK, and in GlenArbor near New York. Along with Coup (...)

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  • 23.12.2016 — Berenberg's Chief Economist Schmieding "Forecaster of the Year"

    Hamburg. Predicting economic development in a turbulent year like 2016 was no easy task. No German economist solved this problem better than Dr Holger Schmieding, chief economist at Berenberg.Schmieding not only correctly assessed the increase in Germany's gross domestic profit (GDP) for 2016, he also expected at an early stage that additional government spending for refugees would provide the economy with a noticeable boost this year. The growth in overall economic demand would have otherwi (...)

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  • 30.11.2016 — Elite asset manager – Berenberg voted No. 1 for 8th time in a row

    Hamburg. Private bank Berenberg has once again been named “Best Asset Manager” in the “Elite Report”.Yesterday evening in Munich, Germany’s oldest private bank was awarded the “Winner’s certificate” in the report “Die Elite der Vermögensverwalter”. This is now the eighth time in a row that it has achieved the best score in the analysis, earning the title of “Best Asset Manager”. Elite Report editor-in-chief Hans-Kaspar (...)

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  • 21.11.2016 — Berenberg responds with a new leadership structure to strong growth

    Hamburg. Gross earnings have more than tripled at the world’s second oldest bank between 2006 and 2015. Also in 2016, the business volume has enjoyed further growth so that Berenberg has increased its staff since the beginning of 2016 by 13%, from 1,331 to 1,500. The bank will start into the year 2017 with a new leadership structure. Henning Gebhardt, Christian Kühn and David Mortlock will become members of the extended management board and will take over the newly created Central Bus (...)

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  • 02.11.2016 — Berenberg is "Best Private Bank in Germany"

    Hamburg/London. Berenberg has again been named the Best Private Bank in Germany. In the process, Germany’s oldest private bank became the only institution in the world to achieve this accolade for the sixth consecutive time.Last week, on 27th October, 250 bankers from across the globe gathered in London to attend the Global Private Banking Awards ceremony. This was the eighth time that the Financial Times, together with its specialist titles The Banker and Pro (...)

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  • 14.10.2016 — German golfing legend Bernhard Langer to promote Berenberg

    Hamburg. Berenberg, Germany’s oldest private bank has agreed a long-term sponsorship deal with one of the country’s most decorated golfers, Bernhard Langer. Berenberg is adding Langer to its brand ambassador programme, which includes fellow German star Martin Kaymer, Grand Slam winner Gary Player, ex-Ryder Cup captain Colin Montgomerie, PGA Tour champion Branden Grace."I’ve had both personal and professional connections with Berenberg for many years now," stated Lange (...)

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  • 12.10.2016 — Berenberg/HWWI study Europe

    Hamburg/Berlin. Private bank Berenberg and the Hamburg Institute of International Economics (HWWI) look at the topic of Europe in their latest study. Recent events have made clear that the European Union is facing a serious crisis. The causes are many and varied – the answers are commensurately complex with momentous consequences.“We need a ‘club of the willing’ to return to a dynamic Europe” Hamburg/Berlin. Private bank Berenberg and the Hamburg Institute of Intern (...)

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  • 13.09.2016 — HWWI/Berenberg Kultur-Städteranking 2016

     Stuttgart, Munich, Dresden, Berlin and Bonn again form the top fiveNuremberg and Hanover made the biggest advances in 2016Wuppertal, Gelsenkirchen, Mönchengladbach and Duisburg once more prop up the tableHamburg. For a third time after 2012 and 2014, the Hamburg Institute of International Economics (HWWI) and private bank Berenberg have analysed the cultural lives of the 30 biggest cities in Germany. The outcome: Stuttgart has been named Germany’s leading cultural centre for the (...)

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  • 30.06.2016 — Security industry to remain a growing market

    Hamburg/Berlin. In their latest study, private bank Berenberg and the Hamburg Institute of International Economics (HWWI) have examined the topic of security. “We’re living in an age of greater risk,” says HWWI Director Professor Dr. Henning Vöpel. “This essentially reflects the fact that we’re experiencing dramatic geopolitical and technological upheavals around the world. What’s missing above all else is a functioning global framework for limiting and r (...)

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  • 21.06.2016 — Berenberg Polo-Derby: polo stars and over 100 ponies in Klein Flottbek

    Six teams expected with top German and international players Recognised as one of Germany’ leading polo events Hamburg. It’s polo time again from 24 to 26 June, when top players from Germany and Argentina will do battle for the prestigious silver trophy at the Berenberg Polo-Derby. This is already the 16th time that Germany’s oldest private bank has played host at the Hamburg Polo Club’s facility at Klein Flottbek. The encounters are at the very highest class of (...)

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  • 02.06.2016 — HWWI/Berenberg study: Living in Germany’s 20 biggest cities

    Rents rising fastest in Berlin – share of income taken up by rent in Berlin now almost as high as Munich

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  • 31.05.2016 — Berenberg High Goal Cup: 10th time in Düsseldorf for polo stars

    Four top teams and 80 ponies expected in Düsseldorf Berenberg High Goal Cup is one of the leading polo events in GermanyEmployee foundation invites 200 children to attend the Children’s Day  Düsseldorf. Polo fans from the Rhineland will once again have much to cheer about on 10 to 12 June when Germany’s top players and Argentinian stars will be involved in exciting, high-speed action. This year, Germany’s oldest private bank is hosting the anniversary t (...)

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  • 24.02.2016 — Berenberg launches new SME Equity Fund

    Hamburg. Private bank, Berenberg, has set up an equity fund focusing on smaller and medium-sized companies, with Universal-Investment as the capital management company. The Berenberg-1590-Aktien Mittelstand fund (ISIN: DE000A14XN59) invests in a concentrated portfolio with an average of 25 companies and a maximum stock market value of EUR 5 billion. The fund primarily acquires German equities, but can also invest in Austria and Switzerland. “Smaller and medium-sized enterprises have p (...)

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  • 09.02.2016 — Director Luise Kautz receives Berenberg Culture Prize 2016

    Hamburg.The Berenberg Culture Prize was awarded last evening for the 26th time. The 10,000 euro award went to Hamburg School of Music and Theatre graduate Luise Kautz.  This year’s winner, Luise Kautz, was born in Bonn in 1987. In November 2015 she completed her bachelor’s degree in Musical Theatre Direction at the Hamburg School of Music and Theatre (HfMT). Before that she had taken a bachelor’s degree in Theatre and Media at the University of Bayreuth, and in 2011 a (...)

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  • 20.01.2016 — Berenberg reports big profit increase: Net profit more than doubles from last year

    Net profit for the year jumps from €40 million to record €104 millionGross income rises from €309 million to €423 million Investment Banking income grows by almost 50 %, Private Banking, Asset Management, and Corporate Banking income each grow at strong double-digit rates Assets under management rise by 11 % to €40.1 billionHamburg. As a direct result of the business expansion strategy pursued in the last few years, private bank Berenberg can report a big (...)

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