About us

Westend Bank

A leading asset financing specialist

Westend Bank builds on a long-standing heritage. Today, we are privately owned by a renowned German family of entrepreneurs and our focus is on maintaining a reputation for integrity and fairness. This professionalism shapes our business.

Our capabilities combine an in-house team of market and credit professionals with a strong network of experts from the art, classic car and real estate markets.

This approach is attractive to wealthy individuals and businesses looking for flexible ways to solve their financial challenges. Our long-term client relationships are guided by the following values:

Stability. As one of Germany’s strongest banks on measures of core capital, we offer the reassurance that comes from being a strong financial partner.

Trust. We work with discretion to maintain the confidentiality of our clients throughout the lifetime of their financial transactions and beyond.

Confidence. Our loans are secured solely against the value of the underlying assets.

Patience. We have the flexibility to take a long-term view and are able to adapt to changing market conditions and individual financial circumstances.

Dr. Thomas Ignatzi
Dr. Thomas Ignatzi
Member of the Board
 
 

Thomas Ignatzi is a Board Member with responsibility for leading and developing the business. Thomas is a banker by profession and holds a Ph.D. in Banking Law. Previously, he held senior positions with leading corporate and investment banks, working in the Asia-Pacific region. After returning to Germany, Thomas joined Deutsche Leasing as Managing Director where he was responsible for all sales activities covering 23 countries. Later, Thomas was appointed to the Management Board of IKB Leasing in charge of Treasury, Legal and Compliance.

Dr. Thomas Ignatzi
Dr. Marcel Morschbach
Member of the Board
 
 

Dr. Marcel Morschbach is Member of the Management Board acting as CFO, CRO as well as Head of Compliance, Credit and IT. Previously, Marcel was a board member at net-m Privatbank 1891 AG since 2017 and at Quirin Privatbank AG between 2014 and 2018. Before, Marcel acted as Senior Advisor with a leading German Bank consultancy firm (zeb Rolfes Schierenbeck), based on his long-standing experience as Chief Executive in US, Irish and German bank groups, both domestic and abroad.

Between 2009 and 2014, Marcel was lecturing in International Economics, International Strategic Management and Multinational Management at RheinMain University of Applied Sciences. He has written numerous publications on Banking and Finance and has given guest lectures at several European universities and universities of applied sciences. After his studies in Berlin and Toronto, Marcel was awarded a doctorate at TU Berlin based on his thesis on Canadian Banking.