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Germany's Oldest Bank Is Pushing Into U.S., Hiring Analysts

  • Berenberg wants to cover 300 U.S. stocks within two years
  • Bank moves into new New York office for up to 150 employees
Berenberg Bank in Hamburg

Berenberg Bank in Hamburg

Photographer: Angela Warmuth/AFP via Getty Images

Updated on

(Machine translation provided by Google and reviewed by Bloomberg editors.)

About 130 years after leaving the U.S., Germany based lender Joh. Berenberg Gossler & Co. KG is pushing back to the other side of the Atlantic. The second oldest bank in the world after Banca Monte dei Paschi di Siena S.p.A. wants to expand coverage of U.S. stocks dramatically.