Carl Joachim Hambro (banker)
Encyclopedia
Baron Carl Joachim Hambro (1807–1877) was the founder of Hambros Bank
, one of the United Kingdom
's largest investment banks.
as a son of Joseph Hambro (1780–1848). The family lineage can be traced to Rendsburg
, Schleswig-Holstein
in the 1720s. Carl's paternal grandfather Calmer Joachim Hambro (1747–1806) had migrated to Copenhagen where he became a trade merchant in 1779. In 1814, aged seven, Carl Hambro was sent to live with Danish
zoology
professor Johan Reinhardt
and his wife. In 1822 Hambro, who was born into a Jewish family, was baptised and confirmed into the Christian
religion at the behest of his foster parents.
In 1833 he married Caroline Gostenhofer and together they went on to have three sons, Percival, Everard, and Charles. In 1861, following the death of his first wife, he married Eliza Greathead. One grandson, Charles Eric Hambro
, inherited Hambro's Bank from Everard, while another, Major General Sir Percival Otway Hambro, joined the military, fighting in the Boer War
in the 16th Lancers under Field Marshal General Lord Roberts
, as well as taking part in the First World War.
, Antwerp and Bremen
as well as North America
. He returned to Copenhagen in 1829 and joined his father, Joseph Hambro, managing an international trading house established by his grandfather.
In 1832 they moved to London
and in 1839 established Hambros Bank
there. During the 1850s he was responsible for arranging various British
Government
loan stock issues enabling the bank to prosper.
He was made a Baron
by King Frederik VII of Denmark in 1851. In 1852 he acquired Milton Abbey in Dorset
and made it his home. He died at his home at Milton Abbey in 1877.
Hambros Bank
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years...
, one of the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
's largest investment banks.
Personal life
He was born in CopenhagenCopenhagen
Copenhagen is the capital and largest city of Denmark, with an urban population of 1,199,224 and a metropolitan population of 1,930,260 . With the completion of the transnational Øresund Bridge in 2000, Copenhagen has become the centre of the increasingly integrating Øresund Region...
as a son of Joseph Hambro (1780–1848). The family lineage can be traced to Rendsburg
Rendsburg
Rendsburg is a town on the River Eider and the Kiel Canal in the northeastern part of Schleswig-Holstein, Germany. It is the capital of the Kreis of Rendsburg-Eckernförde. As of 2006, it had a population of 28,476.-History:...
, Schleswig-Holstein
Schleswig-Holstein
Schleswig-Holstein is the northernmost of the sixteen states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Schleswig...
in the 1720s. Carl's paternal grandfather Calmer Joachim Hambro (1747–1806) had migrated to Copenhagen where he became a trade merchant in 1779. In 1814, aged seven, Carl Hambro was sent to live with Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
zoology
Zoology
Zoology |zoölogy]]), is the branch of biology that relates to the animal kingdom, including the structure, embryology, evolution, classification, habits, and distribution of all animals, both living and extinct...
professor Johan Reinhardt
Johan Reinhardt
Johannes Christopher Hagemann Reinhardt was a professor in zoology at the University of Copenhagen.Born in Rendalen parish in Norway, his father, Johannes Henrik Reinhardt, was a priest, and his mother, Johanne Elisabeth Mommesen, was from Holmestrand . He was not baptized Johannes, but adopted...
and his wife. In 1822 Hambro, who was born into a Jewish family, was baptised and confirmed into the Christian
Christianity
Christianity is a monotheistic religion based on the life and teachings of Jesus as presented in canonical gospels and other New Testament writings...
religion at the behest of his foster parents.
In 1833 he married Caroline Gostenhofer and together they went on to have three sons, Percival, Everard, and Charles. In 1861, following the death of his first wife, he married Eliza Greathead. One grandson, Charles Eric Hambro
Charles Eric Hambro
Sir Charles Eric Hambro was a British politician and banker. He was a partner in C. J. Hambro & Son . He was elected Member of Parliament for Wimbledon in 1900, resigning in 1907 by becoming Steward of the Manor of Northstead...
, inherited Hambro's Bank from Everard, while another, Major General Sir Percival Otway Hambro, joined the military, fighting in the Boer War
Boer War
The Boer Wars were two wars fought between the British Empire and the two independent Boer republics, the Oranje Vrijstaat and the Republiek van Transvaal ....
in the 16th Lancers under Field Marshal General Lord Roberts
Frederick Roberts, 1st Earl Roberts
Field Marshal Frederick Sleigh Roberts, 1st Earl Roberts, Bt, VC, KG, KP, GCB, OM, GCSI, GCIE, KStJ, PC was a distinguished Indian born British soldier who regarded himself as Anglo-Irish and one of the most successful British commanders of the 19th century.-Early life:Born at Cawnpore, India, on...
, as well as taking part in the First World War.
Career
He left school in 1824 and worked in Le HavreLe Havre
Le Havre is a city in the Seine-Maritime department of the Haute-Normandie region in France. It is situated in north-western France, on the right bank of the mouth of the river Seine on the English Channel. Le Havre is the most populous commune in the Haute-Normandie region, although the total...
, Antwerp and Bremen
Bremen
The City Municipality of Bremen is a Hanseatic city in northwestern Germany. A commercial and industrial city with a major port on the river Weser, Bremen is part of the Bremen-Oldenburg metropolitan area . Bremen is the second most populous city in North Germany and tenth in Germany.Bremen is...
as well as North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
. He returned to Copenhagen in 1829 and joined his father, Joseph Hambro, managing an international trading house established by his grandfather.
In 1832 they moved to London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
and in 1839 established Hambros Bank
Hambros Bank
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years...
there. During the 1850s he was responsible for arranging various British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
Government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
loan stock issues enabling the bank to prosper.
He was made a Baron
Baron
Baron is a title of nobility. The word baron comes from Old French baron, itself from Old High German and Latin baro meaning " man, warrior"; it merged with cognate Old English beorn meaning "nobleman"...
by King Frederik VII of Denmark in 1851. In 1852 he acquired Milton Abbey in Dorset
Dorset
Dorset , is a county in South West England on the English Channel coast. The county town is Dorchester which is situated in the south. The Hampshire towns of Bournemouth and Christchurch joined the county with the reorganisation of local government in 1974...
and made it his home. He died at his home at Milton Abbey in 1877.