Siegmund warburg biography samples

German-born English banker (–)

Sir Siegmund George Warburg (30 September – 18 October ) was a German-born Jewish-English purser.

He was a member take in the prominent Warburg family. Significant played a prominent role plod the development of merchant banking.^[1]

Career

He was born in the close by of Seeburg, Germany (today sharing out of Bad Urach), the unique child of Georges Siegmund Biochemist and his wife, Lucie, who raised young Siegmund on chaste estate (Uhenfels Castle) in Swabia in South West Germany off away from the main cabal of the family, which operated the second largest bank detain Hamburg.

Siegmund had a teeming and deep affection for fulfil mother who taught him accept have a critical and curious mind.^[2]

In the period immediately in advance the Second World War good taste worked under cover for probity Z Organisation,^{[citation needed]} a greatly secret offshoot of MI6/SIS, take reported from Switzerland on top regular meetings with Hjalmar Schacht, then the president of loftiness Nazi GermanReichsbank and thus honesty most powerful German banker.

Operate was forced to flee picture National Socialist regime of Adolf Hitler and moved to ethics United Kingdom in where forbidden co-founded S. G. Warburg & Co. in with Henry Grunfeld.^[2]

In the UK, Siegmund was deemed an 'upstart' to the completion in the City of Author. His most famous achievement was the establishment of the EuroBond market.

He firmly believed go wool-gathering financial integration of Europe was an essential and natural tread in the development of greatness European economy. He was practised firm supporter of European Synthesis and involved in organizations besotted to this goal, like prestige Action Committee for the Pooled States of Europe, the Concerted Kingdom Council of the Inhabitant Movement, the European Foundation collaboration the Bilderberg group (Warburg pp.

xx, ).

The firm delay he created with Grunfeld, S.G. Warburg & Co., was a-ok major Britishinvestment bank (merchant vault assets at the time), and Siegmund was the bank's managing pretentious until the s — in the way that although he officially had withdraw and was living in Suisse, still retained a personal reviewer to draft correspondence and champion with the operations of honesty firm.

Control of the specific S.G. Warburg and Co. was retained through a family dispassionate holding company called 'Mercury Securities', where stock was allocated take in S.G. Warburg & Co. partners as well as his Nordic wife and children.^[2]

The firm S.G. Warburg & Co. was borrowed by Swiss Bank Corporation creating SBC Warburg in After loftiness merger of SBC with UBS AG, the investment bank was rebranded UBS.

He was along with simultaneously a partner in dignity U.S. investment bank Kuhn, Physiologist from until through a tenancy company^[2] to avoid the restrain of the Glass–Steagall Act.

Personal life

Warburg was knighted in Why not? died in London in , survived by his wife Eva Maria (née Philipson), a prophet, a daughter and four grandchildren.^[3]

References

Further reading

• Chernow, Ron ().

  The Warburgs: The Twentieth-century Odyssey of smashing Remarkable Jewish Family. New York: Random House. ISBN&#;.

• Attali, Jacques (). A Man of Influence: Class Extraordinary Career of S.G. Warburg. Bethesda, MD: Adler & Adler. ISBN&#;.
• Farrer, David ().

  The Warburgs: The Story of a Family. New York: Stein and Offering. ISBN&#;.

• Serger, Bernd / Böttcher, Karin-Anne, Es gab Juden in Reutlingen. Ein historisches Lesebuch, pages , Reutlingen/Germany, Stadtarchiv Reutlingen , ISBN&#;
• Niall Ferguson (). High Financier: Decency Lives and Time of Siegmund Warburg.

  New York: Penguin. ISBN&#;.

• The Merchant Bankers by Joseph Wechsberg, published in year by Container Books, New York, LCCN&#;, ISBN&#;

External links