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Titre : Arbuthnot Lathan Ð From merchant bank to ...
Éditeur : James & James, Lndn/2013.
Date d'édition : 2013
Reliure : Hardback.
Etat de la jaquette : Dust Jacket Included
Colour & Black and White illustrations. VG+ in VG dust jacket. DJ protected by removable clear cover. N° de réf. du libraire 20826
Synopsis : In February 1833, a new firm was set up in London under the name of Arbuthnot & Latham for the management of business connected with the East Indies. Thus was born one of the City's most enduring and memorable names. In its early years it prospered greatly as a merchant of produce from India, such as cotton, tea and jute. In due course, like many ventures of its kind, it also branched out into finance and lending. By the end of its first 100 years, Arbuthnot belonged to that distinctive breed of merchant banks, the City's elite, enjoying the special patronage of the Bank of England. But war and the huge upheavals that shook up the City in the 20th century forced drastic change upon Arbuthnot. As a small family-owned bank it was not suited to the evolving world of international capital. In 1981, the family decided the time had come to sell out. Arbuthnot was fortunate to find a buyer who prized its long history and banking excellence. Under Henry Angest, a Swiss banker, Arbuthnot recovered and thrived. The final chapter describes how its particular attributes have enabled it unlike most of the big names in banking not only to survive but to flourish in the recent years of credit crunch. This absorbing chapter offers an expert analysis of this turbulent period. Today, 180 years after its formation, Arbuthnot is one of only a handful of merchant banks whose name survives and continues to provide a secure and high-quality service for its clients.
A propos de l'auteur: David Lascelles is a leading writer and commentator on the banking scene. For many years he was at the Financial Times where he was New York Correspondent and Banking Editor. Now Senior Fellow of the Centre for the Study of Financial Innovation, a City think tank, he has written several books on banking, including Other People's Money (2006), a history of the modern banking profession, and a history of Rathbones (2008).
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