In 1975, Morgan Grenfell became the first merchant bank to win the ...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
In 1975, Morgan Grenfell became the first merchant bank to win the Queen’s Award for Export Achievement, for managing over a quarter of the government-guaranteed credits. Through all the vagaries of merger work, the firm’s rock-solid export credits and impressive portfolio management would lend strength to its balance sheet. In the last analysis, the dull, solid stuff would be its salvation.
chapter: 30. Sheiks