WALLENBERG, MARCUS (1864— ), Swedish finan cier, brother of Knut Agathon Wallenberg, financier and Swedish foreign minister (1914-18), began his career as a naval officer, and then studied and practised law. He afterwards became a member of the managerial board of the Stockholm Enskilda Bank, being appointed managing director in 1911 and vice chairman in 1920. He founded, or reorganized, a number of industrial undertakings in Sweden, and also, in 1905, the Norsk Hydro-elektrisk Kvaelstof Aktieselskab in Norway, and was one of the founders of the Central Bank for Norway and of the Swedish Industrial Union. In 1916 and 1917, and in 1917-18,he
took part in the negotiations with the Allied Powers concerning trading matters. He became a member of the neutral Powers' economic section of the Supreme Economic Council at Paris in 1919, took part in the Amsterdam meeting in 1919, and was Swedish representative at the Brussels Economic Conference in 1920. He was finance delegate at the Genoa Conference in 1922, a member of the Finance Committee of the League of Nations in 1924, and chairman of the committee for arranging the tax on German industry under the Dawes Plan.