Francis' second son Alexander, working for Hope & Co., made the arrangements in Paris with François Barbé-Marbois, Director of the Public Treasury.
This financial damage was the immediate cause for the collapse of Barings Bank due to the actions of Nick Leeson, who had speculated vast amounts of money on Japanese and Singaporean derivatives.
The village's church, dedicated to St. Peter, was built in 1882 by Edward Baring, 1st Baron Revelstoke (head of the family firm of Barings Bank) to a design by James Piers St Aubyn.
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