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baring(霸菱)
baring(霸菱)
Banking history
Event origin
Event process
Final crash
Edit the history of the bank
In 1763, sir Francis of Bahrain founded the Bank of Bahrain in London, the worlds first commercial bank, offering money and advice to clients as well as buying and selling it. Of course, it has to bear the risk of trading stocks, land or coffee like other traders, and because of its flexibility and innovation, the Bank of Bahrain soon achieved great success in international finance. Its business scope is quite extensive, whether the Congo copper refining, a wool from Australia traders, or dig the Panama Canal, the Bank of Bahrain to provide loans to the Bank of Bahrain, but is different from ordinary commercial banks, it is not the development of ordinary customer deposits, so the source of funds is limited, can only rely on their own strength to seek survival and development.
In 1803, just the birth of the United States from France purchased southern Louisiana Lewis, all of the funds from the Bank of Bahrain. Although the Bank of Bahrain had a strong rival, a Jewish Ross Cheel Te bank, the Bank of Bahrain was the preferred bank for governments, major companies and many clients. In 1886, the Bank of Bahrain issued Jinishi securities, buyers holding the application form flooded the bank, then have to use the police to keep a lot of people, on a few hours later, buy a small amount of stock, and then to throw. By the second day, the share price has doubled.
Edit the events in this paragraph
In early twentieth Century, the Bank of Bahrain was honored with a special client: the British Royal family. Owing to the outstanding contribution of the Bank of Bahrain, the Bahrain family has won five hereditary titles. This is a world record, laying the foundation for Bahrains Bank prominence. Leeson formally went to work at the Bank of Bahrain in July 10, 1989. Prior to this, he was a staff member of the Bank of Morgans Stanley settlement department, and soon after he entered the Bank
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