Word: collet
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Great Britain, eager to strengthen its industrial position, has vigorously pursued a policy of rationalization by merger. From the first it was known that the Bank of England, guided by able Rt. Hon. Montagu Collet Norman, instigated most of these deals. Recently the Bank, through a holding company, actually entered the industry and subscribed for 25% of the stock of the $30,000,000 Bankers Industrial Development Co. (TIME, June...
...hours, telegraphed, telephoned across the sea. Due to unsettled markets the offering price of the German Government International 5½% Loan 1930 bonds was reduced from a pre-arranged 92 to an attractive 90. This was opposed by representatives of national treasuries; opposed also was the motion offered by Montagu Collet Norman, director of the Bank of England, that the U. S. banking group's commission be fixed at a higher rate than that given to others, by reason of the U. S. marketing system. Not until 12:30 a. m. (Wednesday morning) were these motions approved, the six necessary documents...
...England. Old ladies should not attempt to vie with ironmasters in their own field, yet last week the Bank of England, for generations "The Old Lady of Threadneedle Street," prepared to take control of a large part of England's iron and steel industry. Bank Governor Montagu Collet Norman, famed for his keen maneuvers on the complex field of international exchange, prepared for the new role of Steel...
...budget afternoon last week the great leaders of British banking, shipping and industry left their offices and jostled each other in the distinguished visitors' gallery of the House, or the Peers' gallery if their rank entitled them to that eminence. Noticed in the distinguished jam was Rt. Hon. Montagu Collet Norman, Governor of the Bank of England, and in the packed Peers' gallery Baron Kylsant, chairman of the Royal Mail Line, White Star Line and associated companies, largest shipping combine on earth...
Reelected. Rt. Hon. Montagu Collet Norman, to be Governor of the Bank of England for the eleventh consecutive year...