Bank Mendes Gans (BMG) is a Dutch bank specialising in international cash management services. Founded in 1883 and located in the centre of Amsterdam, the Netherlands, BMG is an independently operated subsidiary of the ING Group (as part of Wholesale Banking). BMG's core activity is cash management (cash pooling and netting). Bank Mendes Gans has about 350 clients, half of them in the USA. At the time the Amsterdam born Julius Gans founded his brokerage firm Gans & Co. in 1883, he mainly traded in foreign stock, drafts and coupons. Six years later, on May 23, 1889, Isaak Mendes (from Jewish Portuguese descent) joined the firm as his partner. Consequently, the name of the brokerage firm changed to Mendes Gans & Co. More information...
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