Bank Directors Resign Amid Share Scandal and Market Rigging
Retiring directors quit as shares were concentrated among Fernie and Dirom allies causing credit to falter. The meeting heard accusations of market rigging, insider sales, and calls for a full inquiry while new temporary directors were appointed to stabilize the bank.
MENTIONED IN THIS ARTICLE
Fernie
Dirom
America
Shepherd
W. J. Fernie
Pender
M.P
John Pender
Mr. Fender
Liverpool
Manchester
Boyd
Neill
Gillepsie
Aspinall
Bona Fide
London and South Western Bank Extraordinary Shareholder Meeting
An extraordinary meeting at No 27 Regent Street voted to alter the articles of association. The board may increase capital to up to 3,000,000 by new £100 shares with two thirds director approval, raise directors to eighteen, and extend candidate notice to thirty days with qualification raised to fifty shares.
MENTIONED IN THIS ARTICLE
Rees
Neill
Mr. Pender
Gordon
Jamieson
Boyd
Mr. Jamieson
Mr. Aspinall
Fernie
H. Fernie
Forman
Nicholson
Wright
Messrs. Lawrence
E. C. Dixon
Stock
J. Jamieson
London and South-Western Bank (Limited
Regent-street
J. W. Johns
Greene
King
West End
St. James’s Square
London and Westminster Bank
Ionian Bank annual meeting reports strong results
The Ionian Bank directors present their annual report at the Great Winchester Street offices chaired by John Ranking. The balance sheet shows soundness and resilience through 1863 with profit gains despite disturbances tied to the Ionian Islands transfer to Greece.
MENTIONED IN THIS ARTICLE
Corporation
Great Winchester-street
John Ranking
Kettlewell
Tonian Bank
Ionian Islands
Crown of
Greece
Also Mentioned on This Page
British and American Exchange Banking Corporation
British and American Exchange Banking Corporation (Limited
Joan Jamieson
Bank-buildings
Lothbury
Ionian Bank
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