Trading for much of its time under the name of “The Grasshopper”, Martins Bank was a London private bank that could trace its origins back to the London goldsmiths. Martins agreed to its acquisition by the Bank of Liverpool in 1914. The Bank of Liverpool wanted Martins to give it a London presence and a seat on the London Clearing House; the Martins name was retained in the title of the enlarged bank and the title was actually shortened to just Martins in 1928; however, the head office and managerial control remained firmly in Liverpool.
Read more about Martins Bank: History, Archive Project, Liverpool Office, Popular Culture
Famous quotes containing the word bank:
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)