Rudolf Löb
Encyclopedia
Rudolf Löb was a German banker with Mendelssohn & Co.
Mendelssohn & Co.
Mendelssohn & Co. was a private bank residing in Berlin, Germany. During the late 19th and early 20th centuries, it was one of the preeminent banking houses in Europe....

 and consultant to the German
German Empire
The German Empire refers to Germany during the "Second Reich" period from the unification of Germany and proclamation of Wilhelm I as German Emperor on 18 January 1871, to 1918, when it became a federal republic after defeat in World War I and the abdication of the Emperor, Wilhelm II.The German...

 and Russian
Russian Council of Ministers
The Russian Council of Ministers is an executive governmental body that brings together the principal officers of the Executive Branch of the Russian government.- Committee of Ministers :...

 governments.

Löb became personal liable partner
Limited partnership
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners , there are one or more limited partners . It is a partnership in which only one partner is required to be a general partner.The GPs are, in all major respects,...

 with Mendelssohn & Co.
Mendelssohn & Co.
Mendelssohn & Co. was a private bank residing in Berlin, Germany. During the late 19th and early 20th centuries, it was one of the preeminent banking houses in Europe....

 in 1919. Following the death of Franz von Mendelssohn and Paul von Mendelssohn-Bartholdy in 1935, Löb was appointed as chairman of Mendelssohn & Co. bank as the first non-family member. In the 1930s, he served as the Belgian
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

 General Consul in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...

. In 1938 he was pressured by the Nazis' Aryanisation policy to break up Mendelssohn & Co. and sell most of its assets to Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...

. Löb emigrated to Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

 in 1939 and to the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 in 1948.

Further reading

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