| Type | Limited partnership |
|---|---|
| Founded | 1798 |
| Headquarters | Ferdinandstraße 75 Hamburg, Germany |
| Key people | Dr. Christian Olearius, Spokesman Max Warburg Hans-Detlef Bösel Harald Boberg |
| Products | Private Banking Asset Management Investment Banking |
| Employees | 1200 |
| Website | www.mmwarburg.net |
M. M. Warburg & Co. KGaA is a large German private investment bank in Hamburg, Germany. It is a family-owned bank, and it was founded in 1798 by the brothers Moses Marcus and Gerson Warburg, two members of the Warburg family, who continue to own the bank to this day.
One of the family's 20th century descendants, Siegmund Warburg, founded S. G. Warburg & Co. in London in 1946 after fleeing the Nazis from Germany. The bank rose to become one of most powerful investment banks in the City during the 60s, 70s, and 80s and Warburg himself one of London's most preeminent and influential financiers of the era. The bank was sold to Swiss Bank Corporation in 1995.
Today, the firm's core business is in private banking, asset management, and investment banking, serving private, corporate and institutional clients.
For over 200 years, the company has been held only in private hands.
Two partners liable to unlimited extent and two other partners manage the business. The "Co." in the name, written stylized with two capital letters, stands also for one of the partners liable to unlimited extent, Dr. Christian Olearius.
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, 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, real estate companies, and a shipping issuing house.
The bank's headquarters are located at Ferdinandstraße 75 in Hamburg, with additional offices in Frankfurt, Cologne, Stuttgart and 10 other major cities in Germany. The bank also maintains several offices in Zurich and Luxembourg.