His grandfather, Andreas, originally a Bremen merchant, was one of the founders (on 1 January 1766) of the banking-house of Grote, Prescott & Company in Threadneedle Street, London (the name of Grote did not disappear from the firm till 1879).
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He settled in 1820 in a house attached to the bank in Threadneedle Street, where his only child died a week after its birth.
It is said that is here that the British national anthem was sung, in private, in 1607 for the first time, conducted by John Bull.
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On the Wednesday they attacked again at Wood Street and Threadneedle Street forcing the King's Life Guard of Foot (a force of 1200 men commanded by John Russell) to retreat.
Its seat is the Merchant Taylors' Hall between Threadneedle Street and Cornhill, a site it has occupied since at least 1347.