72:
562:
250:, a U.S.-based brokerage. Although the joint venture initially provided an international dimension for its three members, the relationships soured in the late 1970s and early 1980s. The joint venture was plagued by competition between Warburg and
312:. Swiss Bank Corporation merged S. G. Warburg with its own existing investment banking unit to create SBC Warburg, which became a leading player in global investment banking. In 1997, SBC Warburg was merged with U.S. investment bank
210:
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 17 top merchant banks with access to cheap capital backed by the
680:"The Financial Times has examined the problems which caused S. G. Warburg, a Mercury Securities subsidiary, and Paribas to lift their joint stake in A G Becker-Warburg Paribas Becker to just over 50%."
198:
S. G. Warburg and Co. were 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
258:'s death, Paribas bought out Warburg's interest in the joint venture in early 1983. Following the departure of Warburg from the joint venture, the firm was renamed A.G. Becker Paribas.
1396:
1431:
1421:
1219:
1411:
238:
The bank gained clients and grew rapidly in the 1960s and 1970s. In the early 1970s, S. G. Warburg entered into a U.S. joint venture with Paris-based
254:, as well as cultural conflicts between French, English, and American executives. Although Warburg had originally planned to buy out Paribas, after
772:
242:(Banque de Paris et des Pays-Bas, prior to the bank's nationalisation in 1982) named Mercury Securities. In 1974, S. G. Warburg and
1046:
191:
banking family. Henry
Grunfeld was a former industrialist in the German steel industry, and is also Jewish. Warburg and Grunfeld fled
838:
230:. This battle is now remembered as the "Aluminium War" and started a shift away from relational banking towards competitive banking.
1436:
712:
1441:
1426:
1416:
650:
493:
418:
17:
960:
933:
914:
888:
804:
696:
488:
1064:
820:
1406:
992:
1386:
744:
1122:
517:
770:
Merrill Lynch and
Mercury Asset Management Combine to Create One of the World's Largest Fund Management Groups
1360:
857:
370:
610:
1194:
1127:
511:
262:
301:
Following another flawed and costly expansion into the United States, in 1994 a merger was announced with
1094:
484:
398:
520:, former minister jointly for the Department for Business, Innovation and Skills and the Cabinet Office
207:
788:
514:, joined S.G. Warburg in 1985, became a director in 1995 and from 2000 to 2002 served as vice-chairman
222:, advised by S. G. Warburg & Co, fought a fierce and ultimately successful battle to acquire
1391:
1350:
1259:
1018:
328:
506:
464:
422:
286:
282:
199:
71:
265:" reforms of the 1980s under the leadership of its chief executive Sir David Scholey, it acquired
1401:
769:
407:
365:
176:
124:
1329:
1309:
1056:
324:
309:
155:
99:
730:
667:
289:
subsidiary) asset manager by the early 1990s. At its peak more than half the companies on the
1084:
547:
502:
313:
274:
147:
985:
441:
247:
8:
1214:
1117:
1074:
945:
585:
580:
394:
344:
339:. The Warburg name was finally retired in 2003 when the investment banking operation of
332:
317:
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1189:
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843:
1153:
1132:
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1031:
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223:
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978:
776:
543:
530:
497:
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380:
227:
212:
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1199:
1183:
643:
The House of Morgan: An
American Banking Dynasty and the Rise of Modern Finance
412:
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65:
534:
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906:
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567:
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903:
The
Warburgs: The Twentieth-century Odyssey of a Remarkable Jewish Family
575:
478:
403:
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266:
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1234:
385:
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in a bidding war with a consortium of City of London bankers led by
473:
432:
290:
293:
used
Mercury Asset Management for investment management purposes.
426:
281:
in August 1984. The bank became the preeminent UK-based M&A (
251:
243:
239:
389:
481:, Parliamentary Under Secretary of State for Work and Pensions
926:
A Man of
Influence: The Extraordinary Career of S.G. Warburg
285:) adviser, equity underwriter, research house and (via its
1397:
Defunct financial services companies of the United States
1001:
970:
340:
188:
159:
146:
was a London-based investment bank. It was listed on the
103:
350:
308:
The following year S. G. Warburg was purchased by
1432:
Companies formerly listed on the London Stock
Exchange
296:
839:"Swiss Bank Steps Up to Buy Dillon, Read on Rebound"
557:
1422:
Financial services companies disestablished in 1995
944:
881:The WetFeet.com Insider Guide: Warburg Dillon Read
731:Joint Ventures, Alliances, and Corporate Strategy
379:, Member of Court and Financial Policy Committee
1412:Financial services companies established in 1946
1378:
789:"Jilted: Morgan Stanley and S. G. Warburg"
713:"French Partner To Buy British Share In Becker"
805:"Swiss Bank in deal to buy S. G. Warburg"
233:
986:
942:
814:
170:
897:
878:
993:
979:
692:
690:
70:
27:Former British investment bank (1946–1995)
668:Handbook on the history of European banks
158:in 1995 and ultimately became a part of
687:
640:
605:
603:
601:
14:
1379:
923:
836:
415:, founder of Bramdean Asset Management
974:
674:
457:, former Shadow Environment Secretary
697:"Becker Paribus: An Ill-Fated Union"
598:
444:, board member of the Stock Exchange
351:Notable current and former employees
269:Ackroyd & Smithers, stockbroker
947:The Warburgs: The Story of a Family
928:. Bethesda, MD: Adler & Adler.
613:. Management Today. 1 November 1998
546:, one of the founding directors of
24:
883:. San Francisco, CA: WetFeet.com.
297:Swiss Bank Corporation acquisition
206:market. The firm's acquisition of
150:and was once a constituent of the
25:
1453:
745:"Four-Way Warburg Tie is Planned"
489:Member of the European Parliament
175:This bank was founded in 1946 by
671:. Edward Elgar Publishing, 1994
560:
1123:Blyth, Eastman Dillon & Co.
1065:Basler & Zürcher Bankverein
871:
851:
830:
798:
782:
779:Merrill Lynch, 19 November 1997
763:
665:Manfred Pohl, Sabine Freitag.
611:"Outsider who changed the City"
183:. Siegmund was a member of the
154:. The firm was acquired by the
1437:1946 establishments in England
737:
722:
706:
659:
634:
625:
472:, former finance minister for
364:, former managing director of
202:issue, which fostered the new
13:
1:
1442:1995 mergers and acquisitions
1361:Wellington Management Company
1128:Kidder, Peabody & Company
837:TRUELL, PETER (16 May 1997).
821:"SBC Warburg Company History"
591:
373:, managing director 1979–1985
371:Simon Cairns, 6th Earl Cairns
1427:Banks disestablished in 1995
261:A major participant in the "
7:
858:"UBS means RIP for Warburg"
641:Chernow, Ron (2010). "26".
553:
448:
399:Power Corporation of Canada
388:, chief financial officer,
355:
305:, but the talks collapsed.
234:The 1960s, 1970s, and 1980s
10:
1458:
1000:
827:. Retrieved 10 August 2010
463:, former chief executive,
171:Founding and early history
165:
1417:Banks established in 1946
1351:MFS Investment Management
1343:
1243:
1166:
1146:
1103:
1095:O'Connor & Associates
1055:
1019:Union Bank of Switzerland
1017:
1008:
728:Kathryn Rudie Harrigan.
425:(1992–1998), Chairman of
329:Union Bank of Switzerland
131:
117:
109:
95:
87:
79:
61:
53:
45:
37:
924:Attali, Jacques (1985).
524:
507:UK Financial Investments
465:UK Financial Investments
423:Mercury Asset Management
408:Alliance & Leicester
287:Mercury Asset Management
1407:Former investment banks
1387:S. G. Warburg & Co.
775:3 December 2008 at the
366:Bugatti Automobiles SAS
246:took a 40% interest in
144:S. G. Warburg & Co.
125:Siegmund George Warburg
33:S. G. Warburg & Co.
1085:Dillon, Read & Co.
1057:Swiss Bank Corporation
943:Farrer, David (1974).
325:Swiss Bank Corporation
314:Dillon, Read & Co.
310:Swiss Bank Corporation
283:merger and acquisition
156:Swiss Bank Corporation
100:Swiss Bank Corporation
548:Amnesty International
503:James Leigh-Pemberton
273:, and the government
248:A.G. Becker & Co.
187:, a prominent German-
148:London Stock Exchange
1344:Largest shareholders
1118:Jackson & Curtis
879:WetFeet.com (2001).
734:. Beard Books, 2003
586:M.M.Warburg & CO
442:Peter Wilmot-Sitwell
323:After the merger of
1215:Alex Wilmot-Sitwell
1080:SG Warburg & Co
1075:Warburg Dillon Read
1042:Phillips & Drew
581:Warburg Dillon Read
505:, chief executive,
395:Paul Desmarais, Jr.
345:UBS Investment Bank
333:Warburg Dillon Read
318:Warburg Dillon Read
133:Number of employees
34:
18:SG Warburg & Co
1230:William G. Parrett
1190:Markus U. Diethelm
1154:McDonald & Co.
1113:Paine & Webber
1070:Basler Handelsbank
1027:Bank in Winterthur
864:, 13 November 2002
844:The New York Times
809:The New York Times
717:The New York Times
701:The New York Times
419:Sir Hugh Stevenson
32:
1374:
1373:
1162:
1161:
1133:Mitchell Hutchins
1032:Toggenburger Bank
470:Korn Chatikavanij
279:Mullens & Co.
271:Rowe & Pitman
224:British Aluminium
141:
140:
16:(Redirected from
1449:
1392:Investment banks
1290:Jerker Johansson
1138:Union Securities
1090:Brinson Partners
1015:
1014:
995:
988:
981:
972:
971:
966:
950:
939:
920:
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865:
855:
849:
848:
834:
828:
825:Funding Universe
818:
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786:
780:
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760:
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751:. 15 August 1984
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570:
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563:
537:, Kommandant of
533:, the captor of
256:Siegmund Warburg
220:Tube Investments
177:Siegmund Warburg
75:
74:
35:
31:
21:
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1456:
1452:
1451:
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1339:
1320:Kaspar Villiger
1315:Olivier Sarkozy
1285:Marten Hoekstra
1255:Gary P. Brinson
1247:
1245:
1239:
1170:
1168:
1158:
1147:Other companies
1142:
1099:
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999:
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963:
936:
917:
891:
874:
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819:
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795:, December 1994
787:
783:
777:Wayback Machine
768:
764:
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752:
743:
742:
738:
727:
723:
719:, 24 March 1983
711:
707:
703:, 7 August 1984
695:
688:
682:Financial Times
679:
675:
664:
660:
653:
645:. Grove Press.
639:
635:
631:Chernow, p. 646
630:
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594:
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561:
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544:Anthony Marreco
531:Hanns Alexander
527:
518:Baroness Vadera
498:Lord Privy Seal
461:Robin Budenberg
455:Peter Ainsworth
451:
404:Sir Derek Higgs
381:Bank of England
358:
353:
299:
236:
228:Morgan Grenfell
213:Bank of England
173:
168:
134:
120:
69:
28:
23:
22:
15:
12:
11:
5:
1455:
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1402:Warburg family
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1200:Naureen Hassan
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1195:John A. Fraser
1192:
1187:
1184:Sergio Ermotti
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749:New York Times
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686:
684:, 13 July 1982
673:
658:
652:978-0802144652
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485:William Hopper
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450:
447:
446:
445:
439:
430:
421:, Chairman of
416:
413:Nicola Horlick
410:
406:, chairman of
401:
397:, co-chief of
392:
383:
374:
368:
357:
354:
352:
349:
303:Morgan Stanley
298:
295:
235:
232:
218:In 1958–1959,
208:Seligman Bros.
195:in the 1930s.
185:Warburg family
181:Henry Grunfeld
172:
169:
167:
164:
152:FTSE 100 Index
139:
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66:Henry Grunfeld
63:
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1310:Marcel Rohner
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1275:Oswald Grübel
1273:
1271:
1268:
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1261:
1258:
1256:
1253:
1252:
1250:
1248:and directors
1242:
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1226:
1223:
1221:
1220:Robert McCann
1218:
1216:
1213:
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1205:Ulrich Körner
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1196:
1193:
1191:
1188:
1185:
1182:
1179:
1178:Colm Kelleher
1176:
1175:
1173:
1171:and directors
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982:
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962:0-8128-1733-8
958:
954:
953:Stein and Day
949:
948:
941:
937:
935:0-917561-36-8
931:
927:
922:
918:
916:0-679-41823-7
912:
908:
904:
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890:1-58207-078-4
886:
882:
877:
876:
863:
862:The Telegraph
859:
854:
846:
845:
840:
833:
826:
822:
817:
811:, 11 May 1995
810:
806:
801:
794:
793:The Economist
790:
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569:
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536:
532:
529:
528:
519:
516:
513:
512:James Sassoon
510:
508:
504:
501:
499:
495:
494:Earl Jellicoe
492:
490:
486:
483:
480:
477:
475:
471:
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459:
456:
453:
452:
443:
440:
438:
437:Marshall Wace
434:
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391:
387:
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377:Michael Cohrs
375:
372:
369:
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363:
362:Thomas Bscher
360:
359:
348:
346:
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335:was renamed,
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40:
36:
30:
19:
1335:Jürg Zeltner
1305:Marcel Ospel
1280:Ralph Hamers
1270:Blair Effron
1225:Chi-Won Yoon
1105:Paine Webber
1011:predecessors
951:. New York:
946:
925:
907:Random House
905:. New York:
902:
899:Chernow, Ron
880:
872:Bibliography
861:
853:
842:
832:
824:
816:
808:
800:
792:
784:
765:
753:. Retrieved
748:
739:
729:
724:
716:
708:
700:
681:
676:
666:
661:
642:
636:
627:
615:. Retrieved
568:Banks portal
343:was renamed
322:
307:
300:
260:
237:
217:
197:
193:Nazi Germany
174:
143:
142:
127:, (chairman)
110:Headquarters
38:Company type
29:
1366:Wealthfront
1356:Norges Bank
1330:Robert Wolf
1295:Peter Kurer
1260:John Costas
1210:Tom Naratil
1037:Interhandel
755:11 December
617:11 February
576:Dillon Read
535:Rudolf Höss
479:David Freud
429:(1998–2009)
337:UBS Warburg
267:stockjobber
1381:Categories
1300:Ken Moelis
1265:John Cryan
1246:executives
1235:Phil Gramm
1180:(Chairman)
1169:executives
1009:Historical
592:References
386:John Cryan
316:to create
204:Eurodollar
119:Key people
113:London, UK
539:Auschwitz
496:, former
487:, former
435:, CEO of
331:in 1998,
96:Successor
901:(1993).
773:Archived
554:See also
474:Thailand
449:Politics
433:Ian Wace
356:Business
291:FTSE 100
263:Big Bang
200:Eurobond
91:Acquired
46:Industry
1167:Current
427:Equitas
277:broker
252:Paribas
244:Paribas
240:Paribas
166:History
80:Defunct
62:Founder
54:Founded
49:Banking
1244:Former
1002:UBS AG
959:
932:
913:
887:
649:
390:UBS AG
189:Jewish
68:
1186:(CEO)
525:Other
137:6,000
957:ISBN
930:ISBN
911:ISBN
885:ISBN
757:2022
647:ISBN
619:2018
327:and
275:gilt
179:and
123:Sir
102:and
88:Fate
83:1995
57:1946
1047:SMH
823:.
699:.
341:UBS
160:UBS
104:UBS
1383::
955:.
909:.
860:,
841:.
807:,
791:,
747:.
715:.
689:^
600:^
347:.
320:.
215:.
162:.
994:e
987:t
980:v
965:.
938:.
919:.
893:.
847:.
759:.
655:.
621:.
20:)
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