Adelbert Delbrück

Berlin private banker and head of the banking house Delbrück Leo & Co., who led the group of bankers that founded Deutsche Bank.

Adelbert Delbrück (1822-1890) was a Berlin private banker who took the initiative in founding Deutsche Bank in 1870. With Ludwig Bamberger and a consortium of private banking houses, he set up a joint-stock bank whose statute focused on financing trade between Germany and overseas markets, so German exporters no longer had to depend on London. Delbrück chaired the bank's supervisory board in its early years, while Georg von Siemens, a member of the management board from 1870 to 1900, built its operations and early international branches in Shanghai, Yokohama and London. (Exact birth year remains publicly undisclosed).