Wealth and Asset Management
218-Year-Old Hamburg Bank Shuns Lenders and Prepares for Brexit
M.M.Warburg & CO, the Hamburg lender founded in 1798 by brothers Moses Marcus and Gerson Warburg, has turned its back on bank stocks and bonds, unconvinced by efforts in the industry so far to rein in costs and return to profitable growth. M.M.Warburg, which manages more than 56 billion euros…
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Click here to read the full story: Bloomberg