Answald Schreiber

Answald Schreiber (1817 - 1882) was a German politician and banker who was a member of the Reichstag from 1855 to 1860. Schreiber was a member of the Partei für wirtschaftlichen und kolonialen Wohlstand und Entwicklung and shareholder in the PCOK bank. In 1860, he retreated from politics to focus on his business.

Biography
Answald was born in the Freie Stadt Frankfurt. The Family of Answald was wealthy, Answald therefore got an good education. He learned early in his life to adapt and take every chance to gain profit from a situation. After he finished school, with the age of 17, his father got him a job at one of the biggest banks in the Freie Stadt Frankfurt. The Bankhaus Bethmann and the Family Bethmann themselve were, besides the Rothschilds, the most influencal Bankiers in Europe. Soon he tried to gain more influence and get into higher positions in the Bank itself. Lucky as Answald was, Philipp Heinrich Moritz Alexander von Bethmann, the current CEO of the Bankhaus Bethmann, gained interest in the young Man and gave him more and more responsibility. After 15 years in the Bankhaus, Answald was responsible oversaw the Bookkeepers and lobbied for the Bankhaus in various places (nobles, bureaucrats etc.). He married his wife in 1846 and had no children. However Answald left the Bankhaus Bethmann after an clinch about various investments with the CEO himself. Soon after that he moved to Berlin and planned to open an own bank. He searched for partners to start this joint venture together. He aimed to create the most influential and wealthiest Bank in the NGF, and tried to expand as fast as possible. In 1852, he founded the PCOK bank with Wilhelm von Rotstein and David Blaustein. As the newly founded “Partei für wirtschaftlichen und kolonialen Wohlstand und Entwicklung” mostly fitted his needs, he joined the party in 1852. In 1855 he was elected for the PKW in the German Reichstag, however in 1860 he would not stand for re-election and instead focus on his business. The PCOK continued to be a successful bank. In 1882, Answald died of old age.