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The '''Warburg family''' is a prominent American family and [[List of banking families|financial dynasty]] of [[History of the Jews in Germany|German 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]].<ref name=Encyclopedia-Britannica>{{cite web|title=Warburg family|url=http://www.britannica.com/EBchecked/topic/635740/Warburg-family|publisher=[[Encyclopedia Britannica]]|accessdate=6 November 2013}}</ref> They originated as the Venetian Jewish del Banco family, one of the wealthiest Venetian families in the early 1500s.<ref>''Our Crowd: The Great Jewish Families of New York'', By Stephen Birmingham, Syracuse University Press 1996, page 190</ref> Following restrictions imposed on banking and the Jewish community, they fled to Bologna, and thence to [[Warburg]], in Germany, in the 16th century, after which they took their name. The family re-established itself in [[Altona, Hamburg|Altona]], near [[Hamburg]] in the 17th century, and it was there 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: M.M.Warburg & Co., [[Warburg Pincus]], [[S. G. Warburg & Co.]] (becoming [[UBS Warburg]]).
==M.M.Warburg==
'''M.M.Warburg & CO (AG & Co.) KGaA''' is a [[Germany|German]] independent private bank, based in [[Hamburg]]. A family-owned bank, it was founded in 1798 by brothers Moses Marcus Warburg and Gerson Warburg, two members of the [[Warburg family]]. The Warburg family still owns the bank, continuing a more than 200-year legacy of private ownership. Among many notable Warburg descendants was [[Siegmund George Warburg|Siegmund Warburg]], who founded [[S. G. Warburg & Co.]] in [[London]], in 1946, after fleeing Germany to escape the [[Nazis]]. The bank rose to become one of most powerful investment banks in the [[City of London|City]] during the 60s, 70s, and 80s and Warburg himself one of London's most preeminent and influential financiers of the era. The London subsidiary was sold to [[Swiss Bank Corporation]] in 1995 and is today a part [[UBS]]. Some descendants immigrated to the [[United States]], for business reasons and to escape the persecution, and established themselves there. They include banker [[Paul Warburg]] and his nephew [[Eric M. Warburg]], founder of [[Warburg Pincus]]. Today, M.M.Warburg & CO's core business is in [[private banking]], [[asset management]], and [[investment banking]], serving private, corporate and institutional clients. During the last years, the bank has grown through many acquisitions. It bought several German private banks such as ''[[Marcard, Stein & Co.]]'' in Hamburg, ''[[Carl F. Plump & Co.]]'' in [[Bremen (city)|Bremen]], ''[[Bankhaus Hallbaum & Co.]]'' in [[Hannover]] and ''[[Loebbecke & Co.]]'' in [[Berlin]]. Furthermore, there are the foreign subsidiaries ''M. M. Warburg Bank (Switzerland) AG'' and ''M. M. Warburg Luxembourg S.A.'', as well as various mutual funds. Since 2009 the [[Schwäbischen Bank AG]] in Stuttgart is part of the Warburg bank group. The bank's headquarters are located at Ferdinandstraße 75 in [[Hamburg]], with additional offices in [[Frankfurt]], [[Berlin]], [[Munich]] and [[Cologne]]. The bank also maintains several offices in [[Zurich]] and [[Luxembourg]].
==S.G.Warburg==
'''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 [[Swiss Bank Corporation]] in 1995 and ultimately became a part of [[UBS]].
==Warburg Pincus==
'''Warburg Pincus, LLC''' is an American global [[private equity]] firm with offices in the [[United States]], [[Europe]], [[Brazil]], [[China]] and [[India]]. It has been a private equity investor since 1966. The firm currently has approximately [[$]]35 billion<ref name="SacBee"/> in [[assets under management]] and invests in a range of sectors including [[consumer goods|consumer]], industrial and services, [[energy industry|energy]], [[financial services]], [[health care]], [[Information technology|technology]], [[Mass media|media]] and [[telecommunication]] and [[real estate]]. Warburg Pincus is a [[growth investing|growth investor]]<ref>{{cite news|url=http://dealbook.nytimes.com/2013/05/10/warburg-pincus-closes-latest-fund-at-11-2-billion/|title=Warburg Pincus Closes Latest Fund at $11.2 Billion|author= Michael J. De La Merced |publisher= [[The New York Times]]|date = May 10, 2013}}</ref> and its portfolio of more than 125 companies is diversified by stage, sector and geography. Warburg Pincus has raised 13 private equity funds which have invested more than $45 billion in over 675 companies in more than 35 countries.<ref name="SacBee"/> Warburg Pincus invests in the information and communication technology sectors, including investments in [[Avaya]], [[Bharti Tele-Ventures]], Harbour Networks, [[NeuStar]], [[PayScale]],<ref>{{cite news|last=Cook|first=John|title=Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus|url=http://www.geekwire.com/2014/salary-report-generator-payscale-receive-100m-deal-led-warburg-pincus/|accessdate=7 May 2014|newspaper=GeekWire|date=24 April 2014}}</ref> and [[Telcordia]].<ref name="REUTERS">{{cite news|url=http://www.reuters.com/article/2012/01/12/idUS59628+12-Jan-2012+HUG20120112|title=Telcordia Ericsson closes Telcordia acquisition|publisher= [[Reuters]]|date = January 12, 2012}}</ref><ref>{{Cite web|url=http://www.warburgpincus.com/portfolio/Default.aspx|title=Warburg Pincus Investments|publisher=Warburg Pincus LLC}}</ref>
{{about|the town in Germany||}}
{{Infobox German location
|type = Stadt
|image_coa = Stadtwappen der Stadt Warburg.svg
|coordinates = {{coord|51|30|00|N|09|10|11|E|format=dms|display=inline,title}}
|lat_deg =
|lon_deg =
|image_plan = Warburg in HX.svg
|state = Nordrhein-Westfalen
In the 11th century there was on the ''Warburger Burgberg'' ("Castle Mountain") the "Wartburg", under whose protection people came and settled. The castle was at first owned by Count Dodiko, whose estate, according to documents, passed in 1020 to the [[Bishop of Paderborn]] when the Count's only son met his end in an accident. Eventually, sometime between 1021 and 1033, the Emperor further granted to the bishop the Count's rights. About 1180, the Old Town was granted town rights.
From the castle hill, there was a good view over the Diemel Valley, such that a close watch could be kept on the [[ford (crossing)|ford]] that merchants had to cross going to Warburg and [[Paderborn]]. This ford on the Diemel was a crossroads of several ancient commercial roads and was crucial in the town's development into a central place. The Warburg New Town was founded in 1228–29 by [[Bernhard IV. zur Lippe]], Bishop of Paderborn, to bolster his political position in the Diemel area against encroachment by the [[Bishop of Cologne]]. About 1239, the New Town had been built into a complete town in its own right, and the towsfolktownsfolk there had full civil rights after the [[Dortmund]] and [[Marsberg]] models. In 1260, the New Town was granted the right to build a town wall, not only against armies from afar, but even – expressly – against the Old Town.
In 1364, both the Old Town and the New Town became members of the [[Hanseatic League]]. By 1436, they had forgotten their differences, uniting that year into one town.
==== Welda ====
The lands around Warburg's constituent community of Welda, once a border town between [[Westphalia]], [[Waldeck, Hesse|Waldeck]]{{Disambiguation needed|date=January 2012}} and [[Hesse]], have yielded forth archaeological evidence of a [[Celt]]ic presence. It has been confirmed that the village was once visited in 1856 by Crown Prince Friedrich Wilhelm, who went on to become the "Ninety-Nine-Day Emperor", Kaiser [[Frederick III, German Emperor|Friedrich III]]. He presented the church with a [[Eucharist|Communion]] [[Chalice (cup)|chalice]]. After the [[Second World War]], in 1945, there was an American [[internment|prison camp]] at Welda holding roughly 80,000 German [[prisoner of war|prisoners of war]].
==== Wormeln ====
=== Christianity ===
During the [[Saxon Wars]] in the 8th century the area round the Diemel was incorproratedincorporated into the [[Frankish realm]]. Beside other places Warburg is presumed to be the location were the [[Irminsul]], an old Saxon sacred pillar. The Austrian abbot [[SturmiusSaint Sturm|Sturm]]ius proselytized the area around the Diemel and [[Weser]] in 774. So the area around Warburg was Christianized from 774 on.
==== Catholic church ====
=== Jewish life in Warburg ===
[[File:Jüdischer Friedhof, Warburg.JPG|thumb|The Jewish cemetery in Warburg]]
Warburg had in bygone days an important [[Jew]]ish community. Around the year 1800 CE, roughly 200 of Warburg's 2,000 townsfolk were Jewish, and about 1900 CE, some 300 of the 5,000 people in the town were. The sharp upswing in the population as a whole was due to migration from the countryside, industries setting up shop in town, and railway operations.
In the 16th century, the Warburg family - originally from [[Venice]] - took the town's name as their own and moved in the second half of the 18th century to [[Altona, Hamburg|Altona]] ([[Hamburg]]), where the brothers Moses Marcus and Gerson Warburg built up the Bankinstitut M&M Warburg in 1798. From this family also came the natural scientists Otto and [[Emil Warburg]] the art historian and cultural theorist Abraham Moritz Warburg, better known as [[Aby Warburg]], who founded the Warburg Institute.
=== Town council ===
Council seat distribution:
Council seat distribution (per the 2009 election<ref>[http://www.wahlergebnisse.nrw.de/kommunalwahlen/2009/Gem_raete/c762036kw0900.html#tab2 Ministry of the Interior of North Rhine-Westphalia: Electoral results]</ref>):
<ref>[https://www.landesdatenbank.nrw.de/ldbnrw/online/logon Landesdatenbank NRW; Wahlergebnisse zum Gemeindecode 05762036]</ref><ref>[http://www.wahlen.lds.nrw.de/kommunalwahlen/index.html Landesamt für Datenverarbeitung und Statistik: Kommunalwahlen]</ref>
* [[Christian Democratic Union (Germany)|CDU]] 21 seats (2004: 22) ▼* [[SocialChristian Democratic Party ofUnion (Germany)|SPDCDU]] 721 seats (2004: 8)
▲* [[ ChristianSocial Democratic UnionParty of (Germany )| CDUSPD]] 218 seats (2004: 22)
* Bürger-Union 4 seats (2004: 4)
* [[Alliance '90/The Greens|Greens]] 3 seats (2004: 3)
* [[FreeAlliance Democratic'90/The Party (Germany)Greens|FDPGreens]] 23 seats (2004: 1)
* [[TheFree LeftDemocratic Party (Germany)|The LeftFDP]] 1 seat (2004: -)
* [[The Left (Germany)|The Left]] 1 seat
=== Mayors ===
* Lödige Industries GmbH
* CWS-boco Deutschland GmbH
* August Lücking GmbH & Co. KG (district Bonenburg)
=== Education ===
The following personalities were not born in Warburg, but lived and worked in the town:
*[[James Roldan]], producer of "Warburger State of Mind" on YouTube (2015)<ref>https://www.youtube.com/watch?v=_aOrQUkEKZ4&ab_channel=JamesRoldan</ref>
*[[Lorenz Humburg]] (1906–1994), painter, worked as an art teacher at Warburg [[Gymnasium (school)|Gymnasien]]
*[[Christoph Cardinal Schönborn]] (born 1945), Archbishop of [[Vienna]], joined the Domican Order in Warburg in 1963
{{Authority control}}
[[Category:Towns in North Rhine-Westphalia]]
[[Category:Members of the Hanseatic League]]
[[Category:States and territories established in the 10th century]]
[[Category:Höxter (district)]]
[[Category:1436 establishments in the Holy Roman Empire]]
[[Category:Holocaust locations in Germany]]
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