The First Hostile Takeover
James Macdonald: S.G. Warburg, 4 November 2010
High Financier: The Life and Time of Siegmund Warburg
by Niall Ferguson.
Allen Lane, 548 pp., £30, July 2010,978 0 7139 9871 9 Show More
by Niall Ferguson.
Allen Lane, 548 pp., £30, July 2010,
“... it dealt a ‘decisive blow … to the unhurried “gentlemanly” style of business’, as Edmund de Rothschild put it. Warburg himself later claimed that he disliked the whole episode and would have preferred a friendly deal. But there can be no doubt that the rapid increase of the bank’s business dated from the moment he showed he was able to take on the ... ”