Overend, Gurney and Company
Wholesale banking, Gurney's Bank (Norwich), National Provincial Bank
(Sprache: Englisch)
Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about 11 million pounds, equivalent to Pds. 981 million at 2008 prices. The business was founded in 1800 as Richardson, Overend and...
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Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about 11 million pounds, equivalent to Pds. 981 million at 2008 prices. The business was founded in 1800 as Richardson, Overend and Company by Thomas Richardson, clerk to a London bill-discounter, and John Overend, chief clerk in the bank of Smith, Payne and Company at Nottingham (absorbed into the National Provincial Bank in 1902), with Gurney's Bank (absorbed into Barclays Bank in 1896) supplying the capital. At that time, bill-discounting was carried on in a spasmodic fashion by the ordinary merchant in addition to his regular business, but Richardson considered that there was room for a London house which should devote itself entirely to the trade in bills.
Bibliographische Angaben
- 2011, Aufl., 160 Seiten, Maße: 15 x 22 cm, Kartoniert (TB), Englisch
- Herausgegeben von Benton Zacharie, Larrie
- Verlag: Alphascript Publishing
- ISBN-10: 6139084253
- ISBN-13: 9786139084258
Sprache:
Englisch
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