Die Expansion der deutschen Großbanken nach Österreich und in die Tschechoslowakei 1938/39

Ziegler Dieter ()
Additional contact information
Ziegler Dieter: Ruhr-Universität Bochum, Fakultät für Geschichtswissenschaften, Lehrstuhl für Wirtschafts- und Unternehmensgeschichte, Universitätsstraße 150, D-44780 Bochum, Germany

Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, 2020, vol. 61, issue 2, 487-513

Abstract: In order to integrate the (in part) highly industrialized Austrian and Bohemian economies into the German autarky and war economy it was very important for the German government to take control of all relevant Austrian and Bohemian industrial concerns, that is, big industry in these countries had tobe “Aryanized” and/or “Germanized”. At the time of invasion, many of the major Austrian and Bohemian companies were under the control of Austrian and Czechoslovakian banks respectively. Therefore, the realignment of the finance industry of the occupied territories became a precondition for the intended takeover of these industrial concerns. Simultaneously, it offered the German great banks excellent prospects for expansion. On the other hand, the deep economic crisis of the early 1930s had not yet been overcome in both countries and the German great banks faced substantial risks when they took over the more important native banks. Therefore, the strategies by which the great banks penetrated the Austrian and Bohemian markets differed substantially. This article explains the logic behind the respective strategies of Deutsche Bank, Dresdner Bank and Commerzbank as well as the intensions of the German authorities and assesses the relative success of the respective strategies.

Keywords: German great banks; annexation of Austria; annexation of Sudetenland; Protectorate of Bohemia and Moravia; deutsche Großbanken; Anschluss Österreichs; Besetzung des Sudetenlandes; Protektorat Böhmen und Mähren (search for similar items in EconPapers)
JEL-codes: G N (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/jbwg-2020-0020 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:jbwige:v:61:y:2020:i:2:p:487-513:n:9

DOI: 10.1515/jbwg-2020-0020

Access Statistics for this article

Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook is currently edited by Dieter Ziegler

More articles in Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook from De Gruyter
Bibliographic data for series maintained by Peter Golla ().