Word: doubonossov
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Founded there in 1919, the Narodny Bank was only another agency to finance East-West trade until it began to go capitalist and expanded into a full-fledged merchant bank in the late 1950s under the prodding of a new chairman, personable and professional A. I. Doubonossov, 63, who wears a Homburg. Narodny's prudent bankers handle the extremely sensitive job of selling Soviet gold on the London market, trade actively in foreign currencies, and make short-term loans to British corporations and cities. With a capitalist eye for profit, they even hold $3.9 million in British Treasury certificates...
...only tinge of Red is its massive maroon safe. Clerks work in a Dickensian atmosphere of mahogany panels, marble floors and gilded grillwork. Only the top six officers and one secretary are Russian; the other 133 employees are Britons-and everybody pauses for 4 o'clock tea. Says Doubonossov with a bankerish smile: "We observe the customs and conventions of the City of London." One closely observed custom is Narodny's refusal to divulge the names of its many British clients...
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