History
The earliest Kleinwort to go into banking was 24-year-old Hinrich Kleinwort who in 1786 set up a partnership with Otto Mueller in Holstein to finance trade with England. In the very same year, Robert Benson, a Quaker, joined with William Rathbone IV of the existing house of William Rathbone & Co. to form Rathbone & Benson, a Liverpool business trading mainly with America. It was not until 1961 that the two firms merged to form Kleinwort Benson Lonsdale.
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