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Augustus Prevost
Sir Augustus Prevost, 1st Baronet (21 May 1837 – 6 December 1913) was Governor of the Bank of England from 1901 to 1903. He was the son of banker George Prevost of Geneva, who moved in 1838 from Liverpool to London, where Augustus studied at University College before joining the family firm of Morris, Prevost and Co in 1856. He became a partner in the firm in 1861 and senior partner in 1882, during which time the business evolved from a merchants into a private bank. He was also chairman of the Royal Exchange Assurance Corporation. A director of the Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ... from 1881 he served as governor of the bank from 1901 to 1903. During Prevost's tenure as governor, the Panic of 1901 occurred. In 1902 he was made Baronet Prevost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of The Bank Of England
The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming their successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors. In its current incarnation, the bank's Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank. The 121st and current governor is Andrew Bailey, who began his term in March 2020. Governors of the Bank of England (1694–present) See also * Chief Cashier of the Bank of England * Deputy Governor of the Bank of England References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University College, London
, mottoeng = Let all come who by merit deserve the most reward , established = , type = Public research university , endowment = £143 million (2020) , budget = £1.544 billion (2019/20) , chancellor = Anne, Princess Royal(as Chancellor of the University of London) , provost = Michael Spence , head_label = Chair of the council , head = Victor L. L. Chu , free_label = Visitor , free = Sir Geoffrey Vos , academic_staff = 9,100 (2020/21) , administrative_staff = 5,855 (2020/21) , students = () , undergrad = () , postgrad = () , coordinates = , campus = Urban , city = London, England , affiliations = , colours = Purple and blue celeste , nickname ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Exchange Assurance Corporation
The Royal Exchange Assurance, founded in 1720, was a British insurance company. It took its name from the location of its offices at the Royal Exchange, London. Origins The Royal Exchange Assurance emerged from a joint stock insurance enterprise known as ''Onslow's insurance'' or ''Onslow's Bubble''. This had been begun as the ''Mercer's Hall Marine Company'', or ''Undertaking kept at the Royal Exchange for insuring ships and merchandise at sea''. A similar enterprise sought incorporation in 1718, but the Attorney-General reported against this. Lord Onslow then sought a means of avoiding the difficulty by his company acquiring the charters of Society of Mines Royal and Company of Mineral and Battery Works, which declared itself open for assuring ships and merchandise in March 1719. Their opponents petitioned against this and the Attorney-General reported in May 1719 that the use made of the charters was "unwarrantable". The directors admitted this mistake but requested their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1901
The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan/ James J. Hill for the financial control of the Northern Pacific Railway. The stock cornering was orchestrated by James Stillman and William Rockefeller's First National City Bank financed with Standard Oil money. After reaching a compromise, the moguls formed the Northern Securities Company. As a result of the panic, thousands of small investors were ruined. Key players One of the key players in this was Harriman, who "by 1898…was chairman of the executive committee of the Union Pacific and he ruled without dissent. But he speculated heavily with Union Pacific holdings, and his attempt to monopolize the Chicago rail market led to the Panic of 1901." Causes One of the causes of this stock market crash was Harriman's effort to gain control of Northern Pacific by buying up its stock. The panic began when the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barings Bank
Barings Bank was a British merchant bank based in London, and one of England's List of oldest banks in continuous operation, oldest merchant banks after Berenberg Bank, Barings' close collaborator and German representative. It was founded in 1762 by Sir Francis Baring, 1st Baronet, Francis Baring, a British-born member of the German-British Baring family of merchants and bankers. The bank collapsed in 1995 after suffering losses of £827 million (£ billion in ) resulting from fraudulent investments, primarily in futures contracts, conducted by its employee Nick Leeson, working at its office in Singapore. History 1762–1889 Barings Bank was founded in 1762 as the John and Francis Baring Company by Sir Francis Baring, 1st Baronet, with his older brother John Baring (1730–1816), John Baring as a mostly silent partner. They were sons of Johann Baring, John (né Johann) Baring, wool trader of Exeter, born in Bremen, Germany. The company started business in offices off Cheapsid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Steuart Gladstone
Samuel ''Šəmūʾēl'', Tiberian: ''Šămūʾēl''; ar, شموئيل or صموئيل '; el, Σαμουήλ ''Samouḗl''; la, Samūēl is a figure who, in the narratives of the Hebrew Bible, plays a key role in the transition from the biblical judges to the United Kingdom of Israel under Saul, and again in the monarchy's transition from Saul to David. He is venerated as a prophet in Judaism, Christianity, and Islam. In addition to his role in the Hebrew scriptures, Samuel is mentioned in Jewish rabbinical literature, in the Christian New Testament, and in the second chapter of the Quran (although Islamic texts do not mention him by name). He is also treated in the fifth through seventh books of ''Antiquities of the Jews'', written by the Jewish scholar Josephus in the first century. He is first called "the Seer" in 1 Samuel 9:9. Biblical account Family Samuel's mother was Hannah and his father was Elkanah. Elkanah lived at Ramathaim in the district of Zuph. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Hope Morley
Samuel Hope Morley, 1st Baron Hollenden DL JP (3 July 1845 – 18 February 1929), was a British businessman. Early life Morley was the son of Samuel Morley and Rebekah Maria Hope, daughter of Samuel Hope of Liverpool. The Liberal politician Arnold Morley was his younger brother. He completed a master's degree at Trinity College, Cambridge in 1872. His maternal grandfather was Samuel Hope of Liverpool and his paternal grandparents were Sarah ( Poulton) Morley and John Morley, a hosiery manufacturer. Career He was a partner in the firm of I. and R. Morley, Wood street; and served as Governor of the Bank of England from 1893 to 1895. He lived in Grosvenor Square.On 9 February 1912, he was raised to the peerage as Baron Hollenden, of Leigh in the County of Kent. He held the office of Justice of the Peace A justice of the peace (JP) is a judicial officer of a lower or ''puisne'' court, elected or appointed by means of a commission ( letters patent) to keep the pea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prevost Baronets
There have been two baronetcies create for persons named Prevost (pronounced "Prev-o") in the Baronetage of the United Kingdom, with one extant as of 2023. * Prevost baronets of Belmont (1805) The Prevost baronetcy, of Belmont near Southampton in Hampshire, is a title in the Baronetage of the United Kingdom. It was created on 6 December 1805 for the soldier and colonial administrator Lieutenant-General George Prevost. He was Governor Gene ... * Prevost baronets of Westbourne Terrace, London (1902): see Sir Augustus Prevost, 1st Baronet (1837–1913) {{DEFAULTSORT:Prevost Set index articles on titles of nobility ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1837 Births
Events January–March * January 1 – The destructive Galilee earthquake causes 6,000–7,000 casualties in Ottoman Syria. * January 26 – Michigan becomes the 26th state admitted to the United States. * February – Charles Dickens's '' Oliver Twist'' begins publication in serial form in London. * February 4 – Seminoles attack Fort Foster in Florida. * February 25 – In Philadelphia, the Institute for Colored Youth (ICY) is founded, as the first institution for the higher education of black people in the United States. * March 1 – The Congregation of Holy Cross is formed in Le Mans, France, by the signing of the Fundamental Act of Union, which legally joins the Auxiliary Priests of Blessed Basil Moreau, CSC, and the Brothers of St. Joseph (founded by Jacques-François Dujarié) into one religious association. * March 4 ** Martin Van Buren is sworn in as the eighth President of the United States. ** The city of Chicago is incorporated. April–June * April 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1913 Deaths
Events January * January 5 – First Balkan War: Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteer Force, by unifying several existing loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Tito alongside Berg, Freud and Jung and Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the world's largest railroad station. * February 3 – The 16th Amendment to the United States Cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Businesspeople From Liverpool
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
