The Frankfurter Bankgesellschaft Group, the private bank of the Sparkassen-Finanzgruppe, is changing the Group's organizational structure from December 1, 2023, under a newly established holding company, headquartered in Frankfurt am Main, and is redesigning the management of its two banks in this context.
Frankfurter Bankgesellschaft is the private bank of the Sparkassen-Finanzgruppe, one of the largest financial groups in the world. It consists of two full-service banks with headquarters in Zurich and Frankfurt am Main. It also has the only multi-family office in the Sparkassen-Finanzgruppe, the Family Office of Frankfurter Bankgesellschaft AG. Through a majority stake in IMAP M&A Consultants AG, it also has a high level of expertise in M&A consulting for medium-sized companies. The group manages around CHF/EUR 18 billion and is one of the ten largest private banks in Germany. From December 1, 2023, the group will be managed by a holding company based in Frankfurt am Main, whose sole shareholder will continue to be Helaba (Landesbank Hessen-Thüringen).
Hengeler Mueller advised Frankfurter Bankgesellschaft on the legal transformation into the new organizational structure and on the establishment and licensing of the newly formed holding company.
Hengeler Mueller team for Frankfurter Bankgesellschaft
Financial Markets Regulation: Carl-Philipp Eberlein (partner, Dusseldorf, lead), Jan Letto Steffen (counsel, Frankfurt), Jan Schülting, Dr. Marvin Geisler (both associates, both Dusseldorf),
Corporate: Hartwin Bungert (partner), Christian Strothotte (counsel), Moritz Koch, Julia Redbrake (both associates, all Dusseldorf),
Financing: Henning Hilke (partner), Axel Gehringer (counsel, both Frankfurt).