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Nathan Mayer Rothschild


 

:This article is not about Nathan Mayer Rothschild, 1st Baron Rothschild (1840-1915)

Business

Through establishing a network of agents, couriers and shippers he was able to provide funds to the armies of the Duke of Wellington in Spain and Portugal. In 1818 he arranged a £5 million loan to the Prussian government and the issuing of bonds for government loans formed a mainstay of his bank?s business. He gained a position of such power in the City of London that by 1825-6 he was able to supply enough coin to the Bank of England to enable it to avert a liquidity crisis.

Related Topics:
Duke of Wellington - Spain - Portugal - 1818 - Prussia - Bond - Loan - City of London - Bank of England - Liquidity

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He set up his London business, N. M. Rothschild and Sons at New Court in St Swithin's Lane where it trades today, and purchased a country house at Gunnersbury Park near Acton in western London.

Related Topics:
N. M. Rothschild and Sons - Acton

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