Karoline-Kaulla-Weg 7
Baden-Württemberg
70173 Stuttgart
Germany
The passage in the inner courtyard of the Landesbank Baden-Württemberg (LBBW), between Stuttgart's main railway station and the Europaviertel with its new city library and the Milaneo shopping center, commemorates Karoline Chaile Kaulla, who made history as a Swabian entrepreneur.
Born in Bad Buchau in 1739, she took over her father Isak Raphael Kaulla's business after his death in 1760. Together with her brother Jacob Raphael Kaulla, she founded the wholesale trading house Kaulla & Cie. in Hechingen, whose money division the two spun off into their own banking company, M. & J. Kaulla Privatbank, in 1802 - the first private bank in Stuttgart. After Duke Friedrich Wilhelm Karl von Württemberg - later King of Württemberg - joined the company, the bank, now named Küniglich Württembergische Hofbank, granted loans to the royal family, among other things.Among other things, it granted loans for business start-ups and made a significant contribution to the incipient industrialization of Württemberg.
On 18 March 1806, Karoline (Chaile) Kaulla died in Hechingen. Her grave can still be visited today at the Jewish cemetery in Hechingen.
In the 1920s, the Küniglich Württembergische Hofbank was merged into the Württembergische Vereinsbank, which in turn later became Deutsche Bank AG.
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