Bank in Zürich
Former Swiss bank
From Wikipedia, the free encyclopedia
Bank in Zürich was a Swiss banking institution founded in 1836 in Zurich.
| |
| Industry | Banking |
|---|---|
| Founded | 1836 |
| Defunct | 1905 |
| Fate | Merged with Crédit Suisse |
| Successor | Crédit Suisse |
| Headquarters | Zunfthaus zur Meisen, , |
Paul Carl Eduard von Orelli served as director of the bank from 1892 and initiated its merger with the Schweizerische Kreditanstalt (later known as Credit Suisse) in 1904.[1] On January 14, 1905, the bank concluded a joint venture agreement with Schweizerische Kreditanstalt, which allowed the bank in Zurich to continue as an independent stock corporation, but in effect was almost equivalent to a merger. In a new agreement with Schweizerische Kreditanstalt dated December 20, 1982, the merger of the bank was decided.[citation needed]
