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Hermann Josef Abs

Hermann Josef Abs (born 15 October 1901 in Bonn – died 5 February 1994 in Bad Soden)[1] was a leading German banker and advisor to Chancellor Adenauer. He was a member of the board of directors of Deutsche Bank from 1938 to 1945, as well as of 44 other companies,[2] including IG Farben. As the most powerful commercial banker of the Third Reich, he was, according to economic journalist Adam LeBor, "the lynchpin of the continent wide plunder".[3] The Allies arrested him in January 1946; however, British intervention got him freed after three months, and German courts later dropped all charges.

Hermann Josef Abs.

He was chairman of Deutsche Bank, and contributed to the reconstruction of the German economy. He chaired the German credit facility that distributed the counterpart funds created by the Marshall plan. Working closely with Chancellor Konrad Adenauer, he was a leader in rebuilding heavy industry, and helped draft the investment policy for basic industries in 1952. He played a major diplomatic role in resolving the prewar German debts at the London War Debt Agreement of 1953. In 1953 he negotiated the restitution to Israel and individual Jews for the Holocaust. [4]

References

  1. ^ "Abs, Hermann J.". Who Was Who in America, 1993-1996, vol. 11. New Providence, N.J.: Marquis Who's Who. 1996. p. 1. ISBN 0837902258.
  2. ^ Wistrich, Robert (27 April 2016). Who's Who In Nazi Germany (third ed.). Routledge. pp. 1–2. ISBN 978-1138171558.
  3. ^ LeBor, Adam (28 May 2013). Tower of Basel: The Shadowy History of the Secret Bank that Runs the World. PublicAffairs. ISBN 978-1610392549.
  4. ^ Buse and Doerr, pp 5-6


Other sources

  • Hermann J. Abs, in Encyclopædia Britannica online
  • Obituary: Hermann Abs
  • Newspaper clippings about Hermann Josef Abs in the 20th Century Press Archives of the ZBW

hermann, josef, this, article, expanded, with, text, translated, from, corresponding, article, german, december, 2021, click, show, important, translation, instructions, machine, translation, like, deepl, google, translate, useful, starting, point, translation. This article may be expanded with text translated from the corresponding article in German December 2021 Click show for important translation instructions Machine translation like DeepL or Google Translate is a useful starting point for translations but translators must revise errors as necessary and confirm that the translation is accurate rather than simply copy pasting machine translated text into the English Wikipedia Consider adding a topic to this template there are already 9 732 articles in the main category and specifying topic will aid in categorization Do not translate text that appears unreliable or low quality If possible verify the text with references provided in the foreign language article You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation A model attribution edit summary is Content in this edit is translated from the existing German Wikipedia article at de Hermann Josef Abs see its history for attribution You should also add the template Translated de Hermann Josef Abs to the talk page For more guidance see Wikipedia Translation Hermann Josef Abs born 15 October 1901 in Bonn died 5 February 1994 in Bad Soden 1 was a leading German banker and advisor to Chancellor Adenauer He was a member of the board of directors of Deutsche Bank from 1938 to 1945 as well as of 44 other companies 2 including IG Farben As the most powerful commercial banker of the Third Reich he was according to economic journalist Adam LeBor the lynchpin of the continent wide plunder 3 The Allies arrested him in January 1946 however British intervention got him freed after three months and German courts later dropped all charges Hermann Josef Abs He was chairman of Deutsche Bank and contributed to the reconstruction of the German economy He chaired the German credit facility that distributed the counterpart funds created by the Marshall plan Working closely with Chancellor Konrad Adenauer he was a leader in rebuilding heavy industry and helped draft the investment policy for basic industries in 1952 He played a major diplomatic role in resolving the prewar German debts at the London War Debt Agreement of 1953 In 1953 he negotiated the restitution to Israel and individual Jews for the Holocaust 4 References Edit Abs Hermann J Who Was Who in America 1993 1996 vol 11 New Providence N J Marquis Who s Who 1996 p 1 ISBN 0837902258 Wistrich Robert 27 April 2016 Who s Who In Nazi Germany third ed Routledge pp 1 2 ISBN 978 1138171558 LeBor Adam 28 May 2013 Tower of Basel The Shadowy History of the Secret Bank that Runs the World PublicAffairs ISBN 978 1610392549 Buse and Doerr pp 5 6Other sources EditHermann J Abs in Encyclopaedia Britannica online Obituary Hermann Abs Newspaper clippings about Hermann Josef Abs in the 20th Century Press Archives of the ZBW Retrieved from https en wikipedia org w index php title Hermann Josef Abs amp oldid 1124395914, wikipedia, wiki, book, books, library,

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