153:
191:, thus considerably increasing its capital. The same year, Léon Lambert founded the European Company for Industry and Finance, then turned to the Congolese colony for which he created the holding company Compagnie d’Afrique. This, after being absorbed by the European Company for Industry and Finance, became the Compagnie d'Outremer pour l’Industrie et la Finance. In 1959, Banque Lambert became the main shareholder of the Compagnie d’Outremer pour l'Industrie et la Finance which, during the 1960s, eventually took the name Compagnie Lambert pour l'Industrie et la Finance.
223:, negotiator for the Banque de Bruxelles, said he had "hesitated for a long time before embracing the Lambert name" as part of the new bank's name, mainly for fear of losing his Arab clientele. Indeed, Lambert financially supported many Israeli associations, which raised fears it could harm business with the Arab world, largely hostile to the State of Israel.
231:, a move hardly surprising considering his affinities with the United States, where he was notably a familiar presence on the New York homosexual scene. His intervention in the American stock market was crowned with success, but criticized by part of the Belgian press accusing him of turning away from Europe and Belgium.
121:'s representative in Brussels, had been introduced to the world of finance. Very quickly, he founded Banque Lambert, which would become the privileged representative of the Rothschilds in Belgium. His son Léon (1851–1919), who was nicknamed the "king's banker", continued his father's work and financed a large part of
226:
During the 1970s, the baron played a decidedly international role at a time when "multinational banking" had "gradually taken root in financial mores". Banque
Lambert invests its capital in many foreign countries. In addition, the baron established two subsidiaries in the United States, the Brussels
128:
Shortly following the birth of Léon
Lambert, the eldest of the banking family's fourth generation, Banque Lambert seemed to be recovering from the shock of the stock market crash of 1929 and the crisis that followed. Very quickly, however, before he had reached his sixth birthday, Léon Lambert lost
202:
During the sixties, the career of
Lambert was in full expansion. Banque Lambert absorbed many banks, and the baron sat on the boards of several dozen companies, directly or indirectly controlled by Banque Lambert. In 1964, in the context of this considerable expansion and inspired by the financial
194:
In 1960, when the Congo gained independence, he continued his business in the former colony by creating the Société Financière pour les Pays d'Outremer. The purpose of this company was to pool the risks that arose following the independence of sub-Saharan countries, but also to avoid the potential
239:
The last years of
Lambert's career were less happy. Faced with the crisis of the 1980s and heavy indebtedness, the Bruxelles Lambert Group found itself short of liquidity, and consequently unable to pay its shareholders their dividends. In search of refinancing, the Brussels Lambert Group allowed
203:
practices of the Anglo-Saxon world, Lambert attempted what today is considered to be the first
Belgian public takeover bid. The baron hired Compagnie Lambert pour l'Industrie et la Finance, of which his bank was the main shareholder, to make a public takeover bid against
93:
Single and without children, he devoted his whole life to his career which made him famous worldwide. When he died at the
Erasmus hospital in Anderlecht on 28 May 1987, many press articles recounted the life of the man who had "united high finance and the arts".
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that was started as a private collection by
Lambert in the 1960s and evolved into a corporate collection in 1987. New additions to the collection have been added over time and the collection has around 2,500 works of art.
210:
Almost ten years later, in 1972, Compagnie
Lambert pour l'Industrie et la Finance merged with two companies, Brufina and Cofinidus, to form Groupe Bruxelles Lambert. Shortly afterwards, in 1975, Banque Lambert merged with
125:'s colonial projects. Subsequently, Léon's son Henri (1887–1933) succeeded his father, and it was under his leadership that Banque Lambert became independent from the Rothschilds to no longer simply be its Belgian branch.
183:
of finance, Minou Drouet being then a poet who was very successful, although barely ten years old. It was also at this time that
Camille Gutt, followed by Ernest de Selliers de Moranville joined Banque Lambert.
171:
In 1950, a year after reaching his civil majority, the young baron took over the management of Bank H. Lambert (de
Lhoneux, De Bruyn et Cie), which he immediately set up as a limited partnership, naming it
244:
join it; however, as relations between the two financiers deteriorated, Albert Frère ousted the baron from the group, who "gradually saw himself dispossessed of his jewels".
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During the Second World War, Léon Lambert continued his education in Bern first, then in America. Once the war was over, he continued his graduate studies at
141:
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and Johanna von Reininghaus, came from a large family of Belgian bankers that spanned three generations. The family's banking history began with
207:. However, against his expectations, Société Générale de Belgique declared a counter-takeover bid and succeeded in taking possession of Sofina.
195:
nationalization or confiscation of property belonging to the former colonial powers. In the course of his business in the Congo, he met with
129:
his father. It was the mother of the young child who took over the family business, awaiting the coming of age of her eldest son.
179:
Under his leadership, Banque Lambert experienced spectacular growth, which earned it, because of its young age, to be called the
862:
639:
117:, Leon's great-grandfather, who, following the second marriage of his mother-in-law to Lazare Richtenberger, the
361:, Belgium before two ceremonies were organized in his honor in Brussels and New York. At the New York ceremony,
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After he retired, Lambert began selling off his art collection. Seventeen works of art sold for $ 6,344,000 at
216:
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After Lambert's death, millions of dollars worth of art from his collection was scheduled for sale by
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Depas, G. (June 1, 1987). "Le baron Lambert avait allié la haute finance et les arts". Le Soir.
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Le baron Léon Lambert, un banquier et financier belge d'envergure internationale du xxe siècle
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583:. Brusells: Académie royale des sciences, des lettres et des beaux-arts. p. 235.
482:. Brusells: Académie royale des sciences, des lettres et des beaux-arts. p. 238.
435:. Brusells: Académie royale des sciences, des lettres et des beaux-arts. p. 234.
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Dictionnaire des patrons en Belgique. Les hommes, les entreprises, les réseaux
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303:. Artemis was an international art investment trust and art holding company.
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Head office building of Banque Lambert, designed by American architect
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International Association of Corporate Collections of Contemporary Art
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Graduate Institute of International and Development Studies alumni
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Lambert had an extensive art collection. His collection included
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299:
In 1970, Lambert co-founded Artemis Group International with
219:(BBL), which then became the second largest Belgian bank.
199:, whom he described as "a cordial but firm interlocutor".
324:The ING Belgium Collection is an art collection at
187:In the summer of 1953, Banque Lambert absorbed the
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49:
33:
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405:. Brussels: De Boeck University. pp. 408–412.
144:in Geneva, where he obtained his licence in 1950.
822:"Baron Leon Lambert, Belgian Babker, Dies at 58"
673:"Baron Leon Lambert, Belgian Babker, Dies at 58"
506:
504:
8:
623:100 grands patrons du xxe siècle en Belgique
566:100 grands patrons du xxe siècle en Belgique
513:100 grands patrons du xxe siècle en Belgique
495:100 grands patrons du xxe siècle en Belgique
369:delivered a eulogy, and gay rights activist
728:"Two European Bankers Backing New Art Fund"
142:Graduate Institute of International Studies
640:"Baron Leon Lambert; Banker Collected Art"
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357:. He was buried in the Dieweg cemetery in
82:(2 July 1928 – 28 May 1987) was a Belgian
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625:. Brussels: Top Management. p. 139.
568:. Brussels: Top Management. p. 138.
515:. Brussels: Top Management. p. 137.
497:. Brussels: Top Management. p. 136.
16:Belgian art collector and private banker
700:"A Bronze Antiquity Turns to Pure Gold"
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337:Lambert died of AIDS on 28 May 1987 in
160:and inaugurated in 1965, later seat of
808:"Wall Street's Secret Society - Nymag"
698:Smyth, Jeannette (November 22, 1977).
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272:. His collection included works by
401:Kurgan-van Hentenrijk, G. (1996).
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783:"ING Belgium Collection, Belgium"
307:was a backer of it with Lambert.
726:Freund, Andreas (May 30, 1970).
610:– via Archive.wikiwix.com.
102:Léon Lambert, the eldest son of
594:Deutschman, Alan (1999-03-29).
80:Léon Lambert, 3rd Baron Lambert
596:"Wall Street's Secret Society"
547:Courrier Hebdomadaire du CRISP
528:Courrier Hebdomadaire du CRISP
189:Banque de Reports et de Dépôts
1:
581:Nouvelle Biographie Nationale
480:Nouvelle Biographie Nationale
433:Nouvelle Biographie Nationale
416:Lottman, Herbert R. (1995).
754:Tully, Judd (May 6, 1987).
884:
545:"L'affaire Sofina (I)".
526:"L'affaire Sofina (I)".
227:Lambert Company and the
217:Banque Bruxelles Lambert
162:Banque Bruxelles Lambert
863:Belgian art collectors
756:"$ 15 Million For Art"
621:Pouillard, V. (1999).
564:Pouillard, V. (1999).
511:Pouillard, V. (1999).
493:Pouillard, V. (1999).
418:La dynastie Rothschild
229:Drexel Burnham Lambert
168:
677:Associated Press News
155:
140:, and finally at the
123:Leopold II of Belgium
98:Early life and family
579:Smets, P.-F (2012).
478:Smets, P.-F (2012).
431:Smets, P.-F (2012).
221:Alexandre Lamfalussy
138:University of Oxford
761:The Washington Post
705:The Washington Post
353:and lapsing into a
213:Banque de Bruxelles
733:The New York Times
645:The New York Times
373:was also present.
305:Élie de Rothschild
274:Alberto Giacometti
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24:The High Well-born
367:David Rockefeller
349:after going into
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28:The Baron Lambert
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420:. Paris: Seuil.
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363:Henry Kissinger
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73:Dieweg Cemetery
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679:. May 31, 1987
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648:. June 1, 1987
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286:Pierre Bonnard
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248:Art collecting
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174:Banque Lambert
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148:Banking career
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115:Samuel Lambert
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61:(aged 58)
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553:: 1–23. 1965.
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345:. He died at
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314:in May 1987.
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301:David Carritt
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290:René Magritte
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278:Auguste Rodin
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70:Resting place
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792:February 10,
790:. Retrieved
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767:February 10,
765:. Retrieved
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739:February 10,
737:. Retrieved
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711:February 10,
709:. Retrieved
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683:February 10,
681:. Retrieved
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650:. Retrieved
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242:Albert Frère
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181:Minou Drouet
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38:Léon Lambert
853:1987 deaths
848:1928 births
534:: 10. 1965.
326:ING Belgium
282:Edgar Degas
264:paintings,
260:paintings,
256:paintings,
166:ING Belgium
107: [
53:26 May 1987
41:2 July 1928
842:Categories
607:2022-09-28
377:References
319:Christie's
312:Christie's
270:sculptures
119:Rothschild
57:1987-05-27
44:Etterbeek
339:Brussels
235:Downfall
215:to form
343:Belgium
262:postwar
55: (
292:, and
268:, and
266:prints
258:modern
205:Sofina
84:banker
601:Nymag
359:Uccle
333:Death
111:]
794:2021
769:2021
741:2021
713:2021
685:2021
654:2021
365:and
355:coma
164:and
86:and
50:Died
34:Born
551:269
532:269
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59:)
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