Südwestbank History and Organizational Structure Overview

Südwestbank has a rich history that dates back to 1929 when it was founded in Ulm, Germany. The bank was initially called the "Südwestdeutsche Bank und Disconto-Gesellschaft".

The bank's name was changed to Südwestbank in 1971, reflecting its growing presence in the southwest region of Germany. This change marked a significant milestone in the bank's evolution.

Today, Südwestbank is a leading regional bank in Germany, with a strong focus on customer service and local community involvement.

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The Südwestbank has a rich history that spans nearly a century. It was originally founded in 1922 as the Württembergische Landwirtschaftsbank GmbH in Stuttgart.

The bank's name changed several times over the years, first to Südwestdeutsche Landwirtschaftsbank GmbH in 1954, and then to Südwestbank GmbH in 1964.

In 1970, the bank changed its form to a stock corporation, becoming the Südwestbank AG. This change allowed the bank to expand its operations and increase its reach.

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The Südwestbank was an integral part of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) for many years, but it eventually left the organization in 2005.

In 2004, the Santo Holding (Deutschland) GmbH acquired a significant portion of the bank's shares, giving them a majority stake. This acquisition led to significant changes in the bank's operations and strategy.

The bank's ownership structure changed again in 2010, when the Santo Holding (Deutschland) GmbH transferred its shares to the Santo Vermögensbeteiligung GmbH. This transfer gave the new owner a nearly 94% stake in the bank.

The bank's financial situation improved significantly in 2013, thanks to a major injection of capital from its owners. The bank's equity more than doubled that year, giving it a strong financial foundation.

In 2016, the Südwestbank received permission from the Bundesanstalt für Finanzdienstleistungsaufsicht to issue Pfandbriefen, making it a Pfandbriefbank. This designation is a testament to the bank's stability and financial soundness.

The Südwestbank's ownership changed again in 2017, when the Austrian bank Bawag P.S.K. acquired the bank from its previous owners. Today, the Südwestbank operates as a German branch of the Bawag P.S.K.

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Südwestbank's organizational structure is shaped by its history and growth. The bank is a subsidiary of the Volksbanken-Raiffeisenbanken cooperative banking group.

The cooperative banking model is a key feature of Südwestbank's structure, with a strong emphasis on local decision-making and community involvement. This approach has allowed the bank to maintain a strong presence in its regional markets.

With a network of over 1,400 branches, Südwestbank has a significant presence in southern Germany and Baden-Württemberg.

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Südwestbank AG has a number of subsidiaries that play important roles in its operations.

One of its subsidiaries is SWB Treuhand GmbH, which is dedicated to the management of assets.

Another subsidiary is Vertiva Family Office GmbH, which focuses on managing private and corporate assets in German-speaking countries.

At the beginning of 2015, Südwestbank founded SWB Immowert GmbH, a subsidiary that specializes in the acquisition of real estate as a stable investment.

Südwestbank's subsidiaries are key to its overall strategy and success.

SÜDWESTBANK - BAWAG AG Niederlassung Deutschland is a subsidiary of the Austrian-based BAWAG Group. It operates in Germany, offering a range of financial products and services.

The bank provides savings accounts, loans, and investment options to its customers. It has a network of branches throughout the country.

SÜDWESTBANK - BAWAG AG Niederlassung Deutschland is regulated by German financial authorities. This ensures that the bank adheres to industry standards for compliance and risk management.

The bank offers online banking services for added convenience. This allows customers to manage their finances remotely.

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The Südwestbank has a strong network of partnerships with various product partners. These partners include well-known companies such as Allianz and Union Investment.

One of the notable partnerships is with over 3,000 ATMs in Germany through the CashPool, which the Südwestbank has been a member of since 1 April 2004. This provides customers with convenient access to their money.

The Südwestbank's partnerships also extend to banks and companies based in Stuttgart, such as Münchener Hypothekenbank and Württembergische Lebensversicherung. These partnerships enable the bank to offer a wide range of financial services.

Here are some of the Südwestbank's product partners:

Südwestbank offers a range of banking services to cater to different customer needs.

Their online banking platform allows customers to manage their accounts, pay bills, and transfer funds from the comfort of their own homes.

With over 900 branches across Germany, Südwestbank provides easy access to its services for customers in various locations.

Customers can also use their mobile banking app to stay on top of their finances and make transactions on the go.

Südwestbank's customer service team is available to assist with any banking-related queries or concerns.

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SÜDWESTBANK - BAWAG AG Niederlassung Deutschland offers loans to its customers.

This information is specific to SÜDWESTBANK - BAWAG AG Niederlassung Deutschland.

Fees, fund data, and asset fund documents are essential components of banking services.

You can expect to pay fees for services such as account maintenance, overdrafts, and wire transfers.

The fees for these services can vary depending on the bank and the type of account you have.

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Some banks also charge fees for fund transfers, which can range from $10 to $30 per transaction.

Asset fund documents, such as account statements and annual reports, can be accessed online or by visiting a bank branch.

These documents typically include information on your account balance, investment performance, and fees associated with the fund.

For a Vermögensmandat, you'll want to consider an Aktien Fonds like the Südwestbank Vermögensmandat Aktien Fonds.

This fund has a fund volume of 80.43 million EUR, which is a significant amount.

The Südwestbank Vermögensmandat Aktien Fonds notated at 1,339.38 EUR on 01.01.0001, but it's essential to note that this is an outdated figure.

A minimum investment of 10,000 EUR is required for this fund, which is a relatively high threshold.

The fund's management is handled by Not Disclosed, which may raise some concerns.

The Südwestbank Vermögensmandat Aktien Fonds has a performance of 13.31% over the past 12 months, which is a decent return.

However, the fund's volatility is 7.54%, which means its value can fluctuate significantly.

The fund's distribution type is Ausschüttend, which means it distributes dividends to investors.

It's worth noting that the fund's benchmark is Not Benchmarked, which may not provide a clear comparison.

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The Südwestbank's financial performance is a bit of a mystery since 2021. The bank stopped publishing its own financial results, instead only reporting on the group's overall performance.

In 2017, the Südwestbank was acquired by the Austrian bank Bawag P.S.K. from its previous owners, Andreas and Thomas Strüngmann. This change in ownership led to the Südwestbank becoming a German subsidiary of Bawag.

The Südwestbank now operates under the umbrella of Bawag and its financial results are no longer publicly disclosed.

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Since 2021, there have been repeated departures at the Südwestbank. Five customer advisors from the Stuttgart team quit in late 2021.

Abgänge im Private Banking wurden auch im Laufe des Jahres 2022 bekannt. In der zweiten Jahreshälfte 2022 verließen weitere Mitarbeiter die Südwestbank.

Michael Huber, Bereichsleiter, zog es 2022 zum Wealthgate Family Office. Michael Hofsäß, der zuvor Führungspositionen im Retail-Geschäft innehatte, übernahm daraufhin die Bereichsleitung.

Personell wurden nicht alle Abgänge aufgefangen.

Financial performance reports for the Südwestbank are not published separately.

The Südwestbank is now a German subsidiary of the Austrian bank Bawag P.S.K. after being acquired in 2017 by the Strüngmann brothers.

Since the end of February 2021, the Südwestbank has operated as a subsidiary of Bawag, and it has given up its own banking license.

As a result, financial performance reports for the Südwestbank are no longer published separately, but only as part of the overall group performance of Bawag.

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The Südwestbank Vermögensmandat Aktien Fonds has a fund volume of 80.43 million EUR.

Its performance over the past 12 months was 13.31%, which is a notable increase.

The fund's volatility was 7.54%, indicating a moderate level of risk.

The fund's management is handled by Not Disclosed, and it's not benchmarked against a specific index.

The minimum investment required is 10,000 EUR, and the fund charges a 5% exit fee.

The fund is designed to be an "Ausschüttend" type, meaning it distributes its profits to investors.

The Südwestbank's Private Banking team has significantly downsized, with only two advisors and one leadership figure remaining. This is a stark contrast to the seven advisors and one leadership figure that were present at the Stuttgarter location in early 2022.

The bank's focus has shifted towards more lucrative business areas, such as digital credit and mortgage offerings. This shift in focus has likely led to a decrease in individualized advisory services in the Private Banking department.

The Südwestbank's Private Banking services are now only available at the Karlsruhe and Ravensburg locations, which is a reduction from the previous number of locations.

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For a Vermögensmandat, also known as a wealth mandate, the Südwestbank Vermögensmandat Aktien Fonds is a viable option.

The Südwestbank Vermögensmandat Aktien Fonds has a fund volume of 80.43 million EUR and has been managed by Not Disclosed since its inception in 2008.

The fund's management is not disclosed, but it's worth noting that the fund's performance in the last 12 months was 13.31%.

The minimum investment for this fund is 10,000 EUR, and an exit fee of 5% is applicable.

The fund's volatility was 7.54% in the last 12 months, and it's an attractive option for those seeking a relatively stable investment.

The Südwestbank Vermögensmandat Aktien Fonds is an actively managed fund that aims to achieve a benchmark return.

The Südwestbank's Private Banking team has significantly reduced in size, with only two advisors and one leadership figure remaining. This is a stark contrast to the seven advisors and one leadership figure that were active at the same location just a few years ago.

The bank's focus has shifted towards more profitable business, including digital lending options. This shift has led to a decline in the Private Banking and Firmen Kundengeschäft (business customer business).

The Südwestbank's Private Banking team is now only actively serving customers in Karlsruhe and Ravensburg, a significant reduction from its previous scope. This change is likely due to the bank's retail focus, which may not allow for individualized Private Banking services.

The bank's website still lists 16 Private Banking contacts, but it's likely that many of these are from the Retail business. This highlights the challenges of finding personalized advice in Private Banking at the Südwestbank.

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