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Slipsnål Midland Montagu.
In 1967, the Midland Bank acquired a share in Montagu Trust, and so became the first British clearing bank to control a London merchant bank. Samuel Montagu & Co. became a wholly owned subsidiary in 1974, and on completion of the acquisition Midland also gained a majority share in Guyerzeller Bank AG in Switzerland.
Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC.
In 1967, the Midland Bank acquired a share in Montagu Trust, and so became the first British clearing bank to control a London merchant bank. Samuel Montagu & Co. became a wholly owned subsidiary in 1974, and on completion of the acquisition Midland also gained a majority share in Guyerzeller Bank AG in Switzerland.
Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC.
Slipsnål Midland Montagu
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