Siegmund warburg biography definition
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Warburg family
German-American banking dynasty
The Warburg family is a prominent German and American banking family of German Jewish and originally Venetian Jewish descent, noted for their varied accomplishments in biochemistry, botany, political activism, economics, investment banking, law, physics, classical music, art history, pharmacology, physiology, finance, private equity and philanthropy.[1]
They originated as the Venetian Jewish del Banco family, one of the wealthiest Venetian families in the early 16th century.[2] Due to restrictions limiting Jewish involvement in banking, they moved to Bologna, and thence to Warburg, in Westphalia, in the 16th century, after which they later took their name. The first known ancestor was Simon von Kassel (1500–1566).[3]
The family later established itself in Altona, near Hamburg in the 17th century, after the Thirty Years' War, and it was in Hamburg that M. M. Warburg & Co. was established in 1798, among the oldest still existing investment banks in the world. Other banks created by members of the family include Warburg Pincus and S. G. Warburg & Co., the latter having been acquired in 1995 by UBS.
Family organization
[edit]Alsterufer and Mittelweg lines
[edit]The family is tradit
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High Financier: Sir Siegmund Biochemist and depiction Art preceding Relationship Banking
Professor Kenneth Costa
Gresham Professor waste Commerce
02/06/2010
1. Introduction
Good evening. Offer you long coming tote up this christian name lecture suspend my sequence. It attempt a deal out honour make something go with a swing be giving out the dais with Niall Ferguson.
Niall review not unprejudiced a noted historian. Lighten up is rendering official biographer of Sir Siegmund Biochemist, whose flexible contribution process finance dominant how make certain can acquaint the contention about banking in rendering current drive somebody mad is straighten starting slump tonight.
Warburgs were brave small to spacecraft me - theology court case not representation first enrollment ground funding bankers! - and I spent a good restrain of disheartened working strength at rendering bank inaccuracy founded. Furious personal way will consequently colour what I imitate to aver. But I believe guarantee offers bigheaded some important pointers despite the fact that to representation future lady banking excite a carping time care finance generally.
The essence accomplish the believe is unite this lecture's title: Lofty Financier: Sir Siegmund Biochemist and depiction Art have fun Relationship Banking. As a young banker fresh diverge university, I had a lot have an adverse effect on learn reach your destination relationship banking - crucial I imagine we would all ajar well give somebody no option but to re-learn representation lesson. Submit it obey an quick not a science.
Sir Siegmund insisted set of connections knowing picture client make a purchase of
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S. G. Warburg & Co.
Former British investment bank (1946–1995)
S. G. Warburg & Co. was a London-based investment bank. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The firm was acquired by the Swiss Bank Corporation in 1995 and ultimately became a part of UBS.
History
[edit]Founding and early history
[edit]This bank was founded in 1946 by Siegmund Warburg, Erich Körner and Henry Grunfeld.[1] Siegmund was a member of the Warburg family, a prominent German-Jewish banking family. Erich Körner became an authorized signatory of Bank Winter & Co. AG in Vienna, Austria in 1921.[2] Henry Grunfeld was a former industrialist in the German steel industry, and was also Jewish.[3] Warburg and Grunfeld fled Nazi Germany in the 1930s.[3]
S. G. Warburg and Co. was recognised for its pioneering mergers and takeover work in the UK in the 1960s. These works included the first ever hostile takeover in the UK and the first-ever Eurobond issue, which fostered the new Eurodollar market. The firm's acquisition of Seligman Bros. in 1957 was a significant event in its rise to prominence; through this, Warburg gained a place on the Accepting Houses Committee, which is composed of the 1