Paul Wallich

Paul Wallich ( born August 10, 1882 in Potsdam, † November 11, 1938 in Cologne ) was a German banker.

Life

Paul Wallich was the son of Hermann Wallichs (1833-1928), one of the founding directors of Deutsche Bank. Wallich studied philosophy and economics in Freiburg and Munich, and subsequently gained work experience at various German and international banking houses, including Goldman, Sachs & Co. in New York, the Foreign Exchange Department initiated at this time Siegfried Bieber. From 1910 Wallich work as a banker in Berlin. He was co-owner of the Berliner Handelsgesellschaft and later Frankfurt bank J. Dreyfus & Co. - a subsidiary of the Swiss bank founded in 1868 Dreyfus Söhne & Cie. in Basel - the Berlin branch he headed the beginning of 1938 to the linearization of the bank by Merck, Finck & Co..

Wallich was born in the Villa Schoningen in Potsdam, which was located since 1871 in the possession of the family. From 1910 Wallich inhabited the villa during the summer months. In the late 1920s were Wallich and his wife Hildegard make some renovations to bring the building technically to the prior period, after which they lived in the house all year round. In the garden they put on a tennis court. One of the hobbies Wallichs was sailing, he also was an avid book collector.

Paul Wallich, who was Jewish, was a member of the Society of Friends until their forcible resolution 1935. According to the November pogroms Wallich committed at the age of 56 years suicide. His wife and his three children left Germany in the 1930s, including Henry C. Wallich ( 1914-1988 ), who later became Professor of Economics at Yale University was.

Writings

• Hugo Rachel and John Papritz: Berliner wholesale merchants and capitalists. Vol 1: By the end of the Thirty Years' War. Berlin 1934
• Hugo Rachel Berliner wholesale merchants and capitalists. Vol 2: The time of Mercantilism 1648-1806. Privately printed, Berlin 1938
• Hugo Rachel Berliner wholesale merchants and capitalists. Vol 3: Transition time for high capitalism, 1806-1856. Privately printed, Berlin, 1939
• Hugo Rachel and John Papritz: Berliner wholesale merchants and capitalists. Reissued and expanded bibliographic John Schultze, Henry C. Wallich and Gerd Heinrich, 3 vols, Berlin 1967