Carl Abegg-Arter

In 1857, aged 21, he was sent to New York City to represent his employer Salomon Rütschi & Compagnie.^[7] In 1861, he and August Rübel, whom he met in the United States, formed Abegg & Rübel, which was primarily active in silk, commodities and banking, and can be seen as predecessor company of today's Abegg & Co.^[8] This company was turned into the current partnership in 1885.^[9]

Since 1868, Abegg was a member of the Schweizerische Kreditanstalt (Credit Suisse), and served as president/chairman between 1883 and 1911. He was the vice-president and co-founder of Zurich Insurance Group, a board member of Gotthard railway in 1890, a board member of the Silk Weavery Höngg in 1890. Between 1895 and 1911, Abegg was also the president of Elektrobank/Elektrowatt and in 1910 briefly a member of Chemins de fer Orientaux (railways)^[10] Abegg was also a long-term member of the Zurich Court of Commerce.

On 4 October 1859 Abegg married Emma Auguste Arter,^[11] a daughter of Solomon Arter of Hottingen. They had three children;

• Carl Abegg (20 October 1860 – 16 September 1943),^[12] principal owner of Abegg & Co and board member of several companies, married Anna Henriette Stockar (1868-1969), divorced 1937; three children; Carl Julius Abegg (1891-1973), Hilda Eleonore Anna "Annie" Abegg (1897-1996) and Werner Abegg (1903-1984).
• August "Augusto" Abegg (31 December 1861 – 2 November 1924),^[13] most important 'cotton manufacturer' in Northern Italy and pioneer in the industrial manufacturing of viscose/rayon.
• Emma Lina Abegg (23 March 1869 – 9 December 1949),^[14] who would marry Wilhelm Caspar Escher (1859–1929), who was a banker and board member of several companies such as Nestlé and Anglo-Swiss Condensed Milk Company^[15]

Abegg-Arter resided at Villa Seeburg in Hottingen (Zürich).