BHF Bank

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Corporation (Aktiengesellschaft)
Industry Banking
Financial services
Founded 1854
Headquarters Frankfurt am Main
Key people
Philipp Oddo, CEO
Total assets €6,7 Billion (2014)
Number of employees
ca. 1,100 (2014)
Headquarters of BHF-Bank in Frankfurt am Main
Sign at the headquarters

BHF-Bank is a private German bank owned by Oddo & Cie. It was one of the leading German investment banks in the 1970s and 1980s and held a top position in the foreign exchange market. The bank has an international presence, with branches in Luxembourg, Switzerland, the UAE, Egypt and Vietnam.


BHF-Bank was formed on 1 January 1970 as the Berliner Handels- und Frankfurter Bank from the merger of the Frankfurter Bank (founded in 1854) and the Berliner Handels-Gesellschaft (founded in 1856).[1] In 1970, when the BHF-Bank tower was built by the German architect Sep Ruf, it was the highest building in Frankfurt. The banks changed its name to BHF-Bank in 1975. Through the 1970s and 1980s it was in the top three to five investment banks in West Germany and had a top position in the foreign exchange market. The bank had extensive industrial holdings. Its former senior partner, Hanns Schroeder-Hohenwarth, became the President of the German Banks Association from 1983 to 1987.

In 1995 the bank went public, changing from a partnership to a corporation. From 1999 to 2004 it was bought by the Dutch ING Group and renamed from 2002 ING BHF-Bank. In the same year it was delisted following the squeeze out of remaining share holders.

In 2004 ING BHF-Bank was split. The majority of the bank’s business operations, offices and equity shareholdings were integrated into the newly founded BHF-BANK Aktiengesellschaft, which was then acquired by the private bank Sal. Oppenheim as its sole shareholder. When Sal. Oppenheim was taken over by Deutsche Bank in 2010, BHF-BANK, which has always operated on a stand-alone basis, was put up for sale.

Since 2014, the bank has formed part of BHF Kleinwort Benson Group, which was taken over by the French private bank Oddo & Cie. By mid-March 2016, Oddo & Cie had acquired 100% of BHF Kleinwort Benson Group’s shares, and has thus become BHF-BANK’s indirect sole shareholder.

Corporate Citizenship[edit]

BHF-BANK Foundation was set up in 1999 to improve Germany society.[2] It has supported the Senckenberg Museum in acquiring new exhibits and the Frankfurt Red Cross with emergency rescue equipment.


  1. ^ Pohl, Manfred; Freitag, Sabine; History, European Association for Banking (1994-01-01). Handbook on the History of European Banks. Edward Elgar Publishing. ISBN 9781781954218. 
  2. ^ "BHF-BANK Foundation|Corporate Citizenship|BHF-BANK|Homepage|BHF-BANK Aktiengesellschaft". Retrieved 2016-01-11. 

External links[edit]