X-Nico

8 unusual facts about Bank of England


Basil Catterns

An uncle, Basil G. Catterns, for whom he was named, later became the Chief Cashier of the Bank of England.

Charles Le Bègue de Germiny

With much greater stability, the bank could play a key role in the control of credit, similar to that of the Bank of England.

Clan Paterson

William Paterson was a founder of the Bank of England, however he is more well remembered as being the architect of the disastrous Darien scheme.

Eugene Emond

Emond was influential in establishing a more formal relationship between the Federal Reserve and the Bank of England.

Janet E. Courtney

She was the author of a number of books of aspects of feminism as well as several volumes of reminiscences that contain valuable insights into her working life at the Bank of England, The Times and the Encyclopædia Britannica.

She first had a part-time teaching post at Cheltenham Ladies' College, then worked as a clerk for the Royal Commission on Labour, 1892-94; was the first superintendent of women clerks of the Bank of England, 1894-1906; Librarian of The Times Book Club, 1906-1910; and on the editorial staff of the Encyclopædia Britannica 1906-1914 and 1920-22.

Oxted railway station

A similar device (containing some pieces of metal and a watch in addition to the explosive charge) was planted at the Bank of England on 13 April 1913, which was successfully defused.

Zaki Badawi

He participated in negotiations with the Bank of England to establish the first Islamic financial institution licensed in the United Kingdom, the Islamic Finance House (IFH).


Australian Agricultural Company

Amongst the principal members of this company were the Attorney-General and the Solicitor-General of England, 28 Members of Parliament, including Mr. Brougham, and Mr. Joseph Hume, the Governor, Deputy Governor and eight of the directors of the Bank of England; the Chairman and Deputy-Chairman and five directors of the British East India Company, besides many other eminent bankers and merchants of England.

Bank Charter Act 1844

The Bank Charter Act 1844 (7 & 8 Vict. c. 32) was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England.

Bank holiday

Prior to 1834, the Bank of England observed about 33 saints' days and religious festivals as holidays, but in 1834 this was reduced to four: 1 May (May Day), 1 November (All Saints Day), Good Friday, and Christmas Day.

Blind in Business

Blind in Business was established as a charitable trust with the backing of the Royal National Institute for the Blind and with several high profile supporters serving as its trustees, including Bank of England associate director Pen Kent, Standard Chartered chairman Rodney Galpin and Conservative MP Emma Nicholson.

Bülent Şenver

In order to develop an off-site banking surveillance and an early warning system to be used by the Central Bank of the Turkey, he made studies at Bank of England, Banque de France and Federal Deposit Insurance Corporation (USA).

Cecil Elphinstone

After receiving his education at Forest House College, Woodford, he worked briefly for the Bank of England before travelling to Charters Towers, Queensland in 1892.

Central Gilts Office

The CGO or Central Gilts Office, was established in 1986 by the Bank of England and the London Stock Exchange for the settlement of gilts and certain non-British government debt instruments.

Chris Roebuck

After leaving the Army Roebuck used his knowledge of leadership to develop performance improvement initiatives in organisations such as Deutsche Bank, Goldman Sachs, Bank of New York, Bank of England, and other financial institutions; Arts Council, legal firms and UK Government.

Daniel Defoe

In despair, he wrote to William Paterson the London Scot and founder of the Bank of England and part instigator of the Darien scheme, who was in the confidence of Robert Harley, 1st Earl of Oxford and Earl Mortimer, leading minister and spymaster in the English Government.

Delegation Theory

One of the most important areas where delegation theories have been applied has been in the debate over the merits of Independent Central Banks (ICBs) such as the Bank of England or the European Central Bank.

Donald Kohn

These works were published in volumes issued by various organizations, including the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution.

Edward Robert Peacock

He is perhaps best known as a director of the Bank of England, or for his role as receiver general to the Duchy of Cornwall, the principal property management arm of the Royal Family.

EURion constellation

On the front of former Bank of England Elgar £20 notes, they appear as green heads of musical notes, however on the Smith £20 notes of 2007 the circles merely cluster around the '£20' text.

Financial Services Act 2012

It replaces the Financial Services Authority with two new regulators, namely the Financial Conduct Authority and the Prudential Regulation Authority, and creates the Financial Policy Committee of the Bank of England.

Harry Arthur Saintsbury

The son of Frederic Saintsbury, Esq., of the Bank of England, Saintsbury was born in Chelsea, London, on 18 December 1869, into a middle-class family.

Independent Commission on Funding and Finance for Wales

David Miles, Member of the Bank of England's Monetary Policy Committee and visiting Professor of Financial Economics at Imperial College London.

James Leigh-Pemberton

The son of former Governor of the Bank of England and life-peer Lord Kingsdown, James Leigh-Pemberton was educated at Eton and started his career at S. G. Warburg & Co.

Jenny Scott

On 17 February 2011 the Bank of England issued a press release to say that Scott was going to be on adoption leave for a year.

John Bosanquet

He was born to Samuel Bosanquet, the governor of the Bank of England, and his wife Eleanor, and was educated at Eton College before being accepted into Christ Church, Oxford.

Jon Cunliffe

Sir Jonathan Stephen Cunliffe, Kt, CB (born 2 June 1953) is a senior British civil servant, currently serving as Deputy Governor of the Bank of England with responsibility for financial stability.

Liaquat Ahamed

It follows the life and actions of the then chiefs of the central banks: Benjamin Strong Jr. of the New York Federal Reserve, Montagu Norman of the Bank of England, Émile Moreau of the Banque de France, and Hjalmar Schacht of the Reichsbank.

Merseyside Economic Review

Previous speakers include The Rt Hon Patricia Hewitt, who was Secretary of State for Trade and Industry at the time, and Rachel Lomax, who is the Deputy Governor of the Bank of England.

Ned Touchstone

He singled out "dangerous" groups such as the Council on Foreign Relations, the Federal Reserve System, the Bank of France, the Bank of England, the three major American television networks, as well as the Rothschild and Warburg families.

Oscar Faber

Notable projects include the Bank of England, the House of Commons, Africa House and India House in London.

Paternoster Press

Mudditt was a Bank of England clerk who decided to move into publishing after seeing the many publishers based on London's Paternoster Row during his lunch hours; the firm was named after the street, rather than being due to any Roman Catholic connections.

Peter Kenen

In 1983-84, he was a Professorial Fellow at the Australian National University; in 1987-88, he was a Visiting Fellow at the Royal Institute of International Affairs; in 1991-92, he held the Houblon-Norman Fellowship at the Bank of England; and in 2002, he was Professorial Fellow at the Victoria University of Wellington and the Reserve Bank of New Zealand.

Portland Street, Manchester

The major buildings of Portland Street include the largest former warehouse in the city centre, Watts Warehouse (grade II* listed), the former Bank of England Building and other former warehouses on the corners of Princess Street.

Randal Smith, 2nd Baron Bicester

During his business years, he served as a director of Morgan, Grenfell & Co., Shell Transport and Trading, Vickers and the Bank of England.

Royal Commission on Banking and Currency

Chaired by Scottish jurist Hugh Macmillan, it also included Bank of England director Sir Charles Addis, former Canadian Finance Minister William Thomas White, Banque Canadienne de Montreal general manager Beaudry Leman, and Premier of Alberta John Edward Brownlee.

The Million Pound Note

They persuade the Bank of England to issue a one million pound banknote, which they present to Adams in an envelope (only telling him that it contains some money).


see also

Adam Smith College

The Adam Smith Lecture series has attracted prestigious national and international speakers including: Alan Greenspan KBE, who spoke while Chairman of the Federal Reserve in the USA; and Sir Mervyn King, Governor of The Bank of England, both of whom were introduced by The Rt Hon Gordon Brown MP, former Prime Minister and last Chancellor of the College.

Bank of England Act 1696

So much of this Act as related to forging or counterfeiting the Common Seal of the Governor and Company of the Bank of England, or any sealed bank bill, or any bank note, or altering or raising any indorsement on any bank bill or note was repealed as to England on 21 July 1830 by section 31 of the Forgery Act 1830.

Bank of England Act 1708

The Bank of England Act 1708, except sections 1 to 5, 60, 61, 66 to 68, 70, 75 and 77, was repealed by section 1 of, and the Schedule to, the Statute Law Revision Act 1867.

Bank of England Act 1709

The Bank of England Act 1709, except the last two sections, was repealed by section 1 of, and the Schedule to, the Statute Law Revision Act 1867.

Bank of England club

In 2011, when Stan Kroenke became the majority shareholder of Arsenal, a number of media commentators observed that the "last domino fell" with the original "Bank of England club" becoming majority owned by foreign investors.

Cardiff Business School

David Blanchflower, Academic and former member of the Monetary Policy Committee at the Bank of England.

Cecil King

Cecil Harmsworth King (1901–1987), owner of Mirror Group Newspapers, and later a director at the Bank of England

Fforde

John Fforde (1921-2000), British economist, economic historian and Chief Cashier of the Bank of England from 1966-1970

GroupSpaces

Since 2007, GroupSpaces has worked with over 70 graduate recruiters including Allen & Overy, Clifford Chance, Slaughter & May, Freshfields, BCG, McKinsey & Company, Accenture, Deloitte, PwC, KPMG, Citi, JP Morgan, Barclays Capital, Morgan Stanley, Bank of England, Deutsche Bank, Credit Suisse, RBS, UBS, Lloyd's of London and the NHS.

John Palmer

John Horsley Palmer (1779–1858), English banker and Governor of the Bank of England

Leigh-Pemberton

Robin Leigh-Pemberton, Baron Kingsdown (born 1927), Governor of the Bank of England 1983–1993

Lombard Street

Lombard Street, London, leading from the Bank of England to Gracechurch Street

Mark Carney

Prior to taking up the post, Carney has already indicated disagreement with the Bank of England's Executive Director of Financial Stability Andy Haldane, specifically on leverage ratios and on bank break-ups.

Premiers' Plan

Scullin invited Sir Otto Niemeyer of the Bank of England to come to Australia to advise on economic policy.

St Tudy

Notable people from St Tudy include: William Bligh, naval officer; Eddie George, former governor of the Bank of England; Oscar Kempthorne, statistician and geneticist at Iowa State University; and Richard Lower, early experimenter in blood transfusion.

Thomas Scawen

He was a director of the Bank of England from 1705 to 1719 and from 1723 to his death, was a Deputy Governor from 1719 to 1721 and Governor from 1721 to 1723.

Walter Cunliffe, 1st Baron Cunliffe

Something of his style is conveyed by the following anecdote from Geoffrey Madan's Notebooks:Lord Cunliffe, giving evidence before a Royal Commission, at the special request of the Chancellor of the Exchequer, would only say that the Bank of England reserves were "very, very considerable".