The Warburgs were a German Jewish banking family who rose to prominence in the 19th and 20th centuries. The family's patriarch, Moses Marcus Warburg, established his own bank in Hamburg in 1798. The family later expanded their banking operations to Frankfurt, London, and New York City.
During World War I, the Warburgs were divided in their loyalties. Max Warburg, the head of the family's Hamburg branch, served as an adviser to the German government, while his brother Paul Warburg, who lived in the United States, was a key figure in the establishment of the Federal Reserve System.
In the aftermath of World War II and the Holocaust, most of the Warburg family fled Germany, and their banking operations were either nationalized or liquidated. Today, the Warburg name is associated with various philanthropic and cultural institutions, including the Warburg Institute in London and the Jewish Museum in New York City.
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