Historical records matching Edward Wagg
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About Edward Wagg
Stockbroker and merchant banker
The son of John Wagg (1793- 1878), stockbroker to Rothschild's Bank, Edward Wagg became a barrister and then headed the firm, turning it into a merchant bank dealing in arbitrage transactions. His nephew ALFRED WAGG (1877- 1969) then headed the merchant bank, known as Helbert Wagg, which later merged with the old-established non-Jewish bank J. Henry Schroder & Co. to form Schroder Wagg.
WAGG, EDWARD (3 November 1843–7 March1933), stockbroker and merchant banker. His
father was John Wagg (1793–1878), one ofthe founders of the firm of Helbert & Wagg,
stockbrokers to the Rothschilds and lateran important general stockbrokerage firm. After the First World War the firm became a notable merchant bank dealing chief ly in
arbitrage transactions. Edward Wagg was a barrister and a director of the family firm.
He is described in the ODNB as ‘a bachelor who divided his time between the City, his
club [the Windham Club], and the grousemoor’ in Scotland, where he spent part of
each year. He left a legacy to the Jewish Board of Guardians in his estate of £782,000.His nephew Alfred Wagg (14 March 1877–30 May 1969), merchant banker and the son of
Edward’s brother Arthur (1842–1919), was educated at Eton and raised as an Anglican.He headed Helbert Wagg, then run exclu-sively as a merchant bank, from 1922–54.He handled the personal investments of
Montagu Norman, Governor of the Bank of England. In 1959 the firm merged with
the old-established non-Jewish merchant bank of J. Henry Schroder, and became well
known as Schroder Wagg.
The Palgrave Dictionary of Anglo-Jewish History pp 997-1044
Edward Wagg's Timeline
1843 |
November 9, 1843
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Marylebone, Middlesex, England (United Kingdom)
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1933 |
March 7, 1933
Age 89
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London, United Kingdom
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