Paul Wallich, Date of Birth, Place of Birth, Date of Death

Paul Wallich

German banker

Date of Birth: 10-Aug-1882

Place of Birth: Potsdam, Brandenburg, Germany

Date of Death: 11-Nov-1938

Profession: banker

Nationality: Germany

Zodiac Sign: Leo

Paul Wallich (1882–1938) was a German banker and son of the banker Hermann Wallich.
An assimilated Jew, who considered himself Christian, he rose to become a partner in the bank Dreyfus & Co.
As the Nazis rose to power, the international business of the bank sharply declined.
Assets and clients dwindled until Paul finally sold the firm to Merck Finck & Co., a Munich-based bank, while signing a 10-year consulting contract for 50,000 marks per year. He committed suicide in the aftermath of the Kristallnacht pogrom by drowning himself in the Rhine at Cologne.