He called Barings the “finest
Citations (1)
- The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family whole source · open book
He called Barings the “finest of all the City houses” and said its senior partner, Sir Edward Reid, “went out of his way to indicate sympathy and support in various ways.”28 By Christmas 1958, BA and the City were ready to fight back with all the firepower at their disposal. On New Year’s Eve, amid rousing patriotic appeals, fourteen of the top seventeen London merchant banks announced a bid to buy BA shares at eighty-two shillings—four shillings more than the rival bid—to stop the Yankee carpetbaggers.
chapter: 44 - Enemy of the City