British Bank of Northern Commerce
The British Bank of Northern Commerce was founded in February 1912 by Emil Glückstadt of Centralbanken for Norge Christiania, Banque de Commerce de l`Azoff-Don Petrograd, as living as Banque de Paris et des Pays Bas Paris. The purpose of a bank was to facilitate trade between the United Kingdom as alive as northern Europe. The bank financed Finland after the country achieved its independence from Russia in 1917-18.
In June 1919 the bank exposed the chairmanship of its board to John Maynard Keynes with the assurance that in expediency for a salary of £2000 the job would only construct a morning a week. Keynes had met Wallenberg and Glückstadt during World War I and the offer was attractive. However, Keynes consulted with several bankers in the City and turned the advertisement down.
In October 1920 British Bank of Northern Commerce merged with C.J. Hambro & Sons, with the combined bank taking the pull in Hambros Bank of Northern Commerce. In August 1921 the bank shortened its throw to Hambros Bank, in part because it did non want a name that was too limiting.