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Cyril Kleinwort

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 Cyril Kleinwort
(Banker)
File:Cyril Kleinwort.png
Born17 August 1905
Died1980
NationalityUK
ParentsAlexander Kleinwort, Étiennette Girard
UK banker

Sir Cyril Kleinwort was a UK investment banker in the family bank Kleinwort Benson[1].

Background

His father was Sir Alexander Kleinwort

He was brother of Ernest Kleinwort.[2]

Activities

Kleinworts merged in 1961 with Robert Benson, Lonsdale and Co., to create Kleinwort Benson Lonsdale, later Kleinwort Benson.

The firm acquired the bullion dealer Sharps Pixley in 1966 thereby securing a seat on the London gold price fixing committee that met twice daily in the offices of N M Rothschild & Sons.[3] Kleinwort Benson worked on several major mergers and acquisitions at this time including the merger of Cadbury with Schweppes in 1969.[4]

British Invisibles was largely the idea of Cyril Kleinwort who realised that the government was paying much attention to the UK's balance of trade in goods, but little to the UK's invisible earnings from services.

References


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