Robert Benson, Lonsdale and Co
1947 Robert Benson and Co. merged with Lonsdale Investment Trust to form Robert Benson, Lonsdale and Co. This doubled the bank's capital base and enabled it to participate in larger deals. The Benson family interest in the group was watered down to 27%; the Lonsdale family owned 63% but operational control of bank remained with its Chairman Rex Benson.
1961 On 17 March, Kleinworts and Robert Benson Lonsdale were made subsidiaries of new company: Kleinwort Benson Lonsdale of which the Kleinwort shareholders held 46% and the Benson shareholders 56%. The banking operation was named Kleinwort Benson Ltd.
Sources of Information
- Kleinwort Benson - Wikipedia