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Added Details on Dresdener Bank – Arnhold Bros. Deal

December 5, 1935
See Original Daily Bulletin From This Date
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Additional information on the transfer of the Bruder Arnhold Dresden house, reported in the J.T.A. cable from Berlin yesterday, was furnished today by Dr. W. L. Schoenheimer, 11 Broadway, New York representative of the firm.

Under the new arrangement, business of the Bruder Arnhold Dresden house in Saxony and Thuringia will be taken over by the Dresdener Bank and continued by that bank as a separate department while the business outside of Saxony and Thuringia will be carried on by the Bruder Arnhold in Berlin.

The Berlin branch of the Bruder Arnhold, which the widow of the recently deceased owner Heinrich Arnhold will enter as a silent partner, will be continued without changes as an independent private banking house by its present partners.

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