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Kleinwort Benson
Kleinwort Benson was a leading investment bank that offered a wide range of financial services from offices throughout the United Kingdom and Channel Islands. Two families, the Kleinworts and the Bensons, founded two different merchant banks in London. They merged in 1961 to create Kleinwort Benson Lonsdale, later Kleinwort Benson. Following its acquisition by Société Générale in June 2016, it was merged with SG Hambros, already a subsidiary of Société Générale, to form Kleinwort Hambros in November 2016. History Kleinworts The earliest known Kleinwort to go into banking was 24-year-old Heinrich Kleinwort, a grandfather of Sir Alexander Drake Kleinwort, 1st Baronet. In 1786, Heinrich set up a partnership with Otto Mueller in Holstein to finance trade with England. Kleinworts established a successful trading business in Cuba, profiting from the expansion of the H. Upmann and Sons cigar business. Edward Cohen and James Drake joined the firm in the 1830s and for a while it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Kleinwort may refer to: *Kleinwort Baronets *Kleinwort Benson *Kleinwort Hambros Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom and Channel Islands. Kleinwort Hambros focuses on private banking, providing a range of services for high ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharps Pixley
Sharps Pixley was a British bullion house. It was formed in 1957 when two private bullion partnerships merged: Sharps Wilkins, founded in 1740, and Pixley & Abell, founded in 1852. It was one of the five firms that met twice daily for the London Gold Fixing, the others being N. M. Rothschild & Sons, Johnson Matthey, Mocatta & Goldsmid, and Samuel Montagu & Co. Sharps Pixley was bought by Kleinwort Benson in 1966, largely at the behest 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 .... References {{reflist, refs= William M. Clarke, George Pulay (2012)''The World's Money'' Abingdon: Routledge. {{ISBN, 9781136271434. Jehanne Wake (1997)''Kleinwort, Benson: The History of Two Families in Banking'' Oxford: Oxford University Press. {{ISBN, 9780198282990. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohamed Al-Fayed
Mohamed Al-Fayed (; arz, محمد الفايد ; born 27 January 1929) is an Egyptian-born businessman whose residence and chief business interests have been in the United Kingdom since the late 1960s. His business interests include ownership of Hôtel Ritz Paris and formerly Harrods department store and Fulham F.C., both in London. In November 2022, Fayed's wealth was estimated at US$1.9 billion, ranking his wealth at no. 1,512 in the world. Fayed's son Dodi, from his first marriage to Samira Khashoggi from 1954 to 1956, was in a romantic relationship with Diana, Princess of Wales, when they both died in a car crash in Paris in 1997. Fayed married Finnish socialite and former model Heini Wathén in 1985, with whom he also has four children: Jasmine, Karim, Camilla, and Omar. Early life Fayed was born in Roshdy, Alexandria, Egypt, the eldest son of an Egyptian primary school teacher from Asyut. His year of birth has been disputed. His website, alfayed.com,domain name verifica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harrods
Harrods Limited is a department store located on Brompton Road in Knightsbridge, London, England. It is currently owned by the state of Qatar via its sovereign wealth fund, the Qatar Investment Authority. The Harrods brand also applies to other enterprises undertaken by the Harrods group of companies, including Harrods Estates, Harrods Aviation and Air Harrods. The store occupies a site and has 330 departments covering of retail space. It is one of the largest and most famous department stores in the world. The Harrods motto is ''Omnia Omnibus Ubique'', which is Latin for "all things for all people, everywhere". Several of its departments, including the Seasonal Christmas department and the Food Halls, are well known. Harrods was also a founder of the International Association of Department Stores in 1928, which is still active today, and remained a member until 1935. Franck Chitham, Harrods' president at the time, was president of the Association in 1930. History In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enterprise Oil
Enterprise Oil was a major UK independent exploration and production company based in Europe, with core areas of activity in the United Kingdom and Ireland, mainland Europe, Brazil and the Gulf of Mexico. The Company was once a constituent of the FTSE 100 Index but was acquired by Royal Dutch Shell. History Enterprise Oil was formed in 1983 to exploit the North Sea oil production assets of the then state-owned British Gas plc: it was privatised and its shares first listed on the London Stock Exchange in February 1984. In 1994 the Company was involved in a high-profile but unsuccessful bid to acquire Lasmo. The Corrib gas field was discovered off the coast of Ireland by Enterprise Oil in 1996, and has proved especially troublesome for Shell (see Corrib gas controversy). In the last few years of the Company's existence it was also investing significant sums in its Brazilian oil interests. The Most Reverend Justin Welby, Archbishop of Canterbury and former Bishop of Durham, served ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BT Group
BT Group plc (trading as BT and formerly British Telecom) is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services. BT's origins date back to the founding in 1846 of the Electric Telegraph Company, the world's first public telegraph company, which developed a nationwide communications network. BT Group as it came to be started in 1912, when the General Post Office, a government department, took over the system of the National Telephone Company becoming the monopoly telecoms supplier in the United Kingdom. The Post Office Act of 1969 led to the GPO becoming a public corporation. The ''British Telecom'' brand was introduced in 1980, and became independent of the Post Office in 1981, officially trading under the name. British Telecommunications was privatised ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated British Ports
Associated British Ports owns and operates 21 ports in the United Kingdom, managing around 25 per cent of the UK's sea-borne trade. The company's activities cover transport, haulage and terminal operations, ship's agency, dredging and marine consultancy. History Ports formerly owned by rail and canal companies were nationalised in 1947 by Clement Attlee's post Second World War Labour government. The commission was split in 1962 by the Transport Act 1962; the British Transport Docks Board (BTDB) was formed in 1962 as a government-owned body to manage various ports throughout Great Britain.Transportation Infrastructure: Associated British Ports Holdings plc. ''investing.businessweek.com''. Retrieved 23 January 2013. In 1981 the |
Cable & Wireless Plc
Cable & Wireless plc was a British telecommunications company. In the mid-1980s, it became the first company in the UK to offer an alternative telephone service to British Telecom (via subsidiary Mercury Communications). The company later offered cable TV to its customers, but it sold its cable assets to NTL in 2000. It remained a significant player in the UK telecoms market and in certain overseas markets, especially in the former British colonies of the Caribbean, where it was formerly the monopoly incumbent. It was also the main supplier of communication in the British South Atlantic, including Saint Helena and the Falkland Islands. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. The company split in March 2010, with its international division demerging to form Cable & Wireless Communications, acquired by Liberty Global in 2015, and since spun-off in 2018 from Liberty Global to Liberty Latin America, while the remainder of the Cable & W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace
British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc, to form BAE Systems. History Formation and privatisation The company has its origins in the Aircraft and Shipbuilding Industries Act 1977, which called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. On 29 April 1977, the new entity was formed in the United Kingdom as a statutory corporation. Under the provisions of the ''British Aerospace Act 1980'' on 1 January the statutory corporation was transferred to a limited company, which then re-registered as a public limited company (plc), under the name "British Aerospace Public Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatisation
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grieveson Grant
Grieveson Grant was a prominent stockbroking firm on the London Stock Exchange. History The firm was originally founded in 1869. In 1899 the firm had its offices at 61 Old Broad Street in the City of London. In the early 1970s, the firm was the largest in terms of member partners with 46 partners. Expansion in corporate finance In June 1982 was engaged in merger talks with the long established stockbroking firm of Joseph Sebag & Company. After a process of seven weeks negotiations the mooted merger was called off suddenly. Instead the prize corporate finance division of Sebags merged with Grieveson Grant and around half of the firms’ 40 partners and associates and 50 staff moved over to the other firm and the rest were made redundant. Takeover by Kleinwort Benson The prominent merchant bank, Kleinwort Benson, decided to enter the securities market buying Grieveson Grant in April 1986. Although, like many other banks at the time, Kleinwort Benson contemplated buying a jobbing fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schweppes
Schweppes (, ) is a beverage brand that originated in the Republic of Geneva; it is made, bottled and distributed worldwide by multiple international conglomerates, depending on licensing and region, that manufacture and sell soft drinks. Schweppes was one of the earliest forms of a soft drink, originally being regular soda water created in 1783. Today, various drinks other than soda water bear the Schweppes brand name, including various types of lemonade and ginger ales. The company has held the British royal warrant since 1836 and was the official sponsor of Prince Albert's Great Exhibition in Hyde Park, London in 1851. History In the late 18th century, German-Genevan scientist Johann Jacob Schweppe developed a process to manufacture bottled carbonated mineral water based on the discoveries of English chemist Joseph Priestley. Schweppe founded the Schweppes Company in Geneva in 1783 to sell carbonated water. In 1792, he moved to London to develop the business there. In 1843 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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