Word: shroder
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Dates: during 1920-1929
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...appears that the experienced London bankers, J. Henry Shroder & Co., intend to establish a branch in New York, to engage solely in the acceptance business. The firm, organized in 1804, is one ot the most famous international houses in the world, and in London a leading security underwriter. It is also active in Continental Europe and South America. Although of German origin originally, Shroder & Co. has by virtue of its long British associations become practically a British firm in sympathies and outlook...
Bankers are led to wonder just what Shroder & Co. sees in the American acceptance business. It is asked, does the London house believe in the future of acceptances here, or is it simply determined to take over a remainder business here of which New York bankers are tired...