Great Depression
The Reichsbank loses 840 million marks in less than 3 weeks
The Reichsbank loses 840 million marks in less than 3 weeks as investors pull out short-term deposits.
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- Great Depression
Danatbank becomes insolvent
Germany's second largest bank, Danatbank, becomes insolvent on July 13th. Two day bank holiday is declared. Industry suffers a catastrophic collapse.
- Great Depression
The Reichsbank loses 840 million marks in less than 3 weeks
The Reichsbank loses 840 million marks in less than 3 weeks as investors pull out short-term deposits.
- Great Depression
Danatbank becomes insolvent
Germany's second largest bank, Danatbank, becomes insolvent on July 13th. Two day bank holiday is declared. Industry suffers a catastrophic collapse.