Men and Money: The City in the 1960s | A portrait of the bankers who ran London's 'Square Mile'
CHANNEL | BBC 2
FIRST BROADCAST | 26 May 1964
DURATION | 40 minutes 16 seconds
Brokers in the London sugar market bellow incomprehensibly at one another in a form of dealing known as 'open outcry', while the more exotic areas of the commodities market involve trades in any number of esoteric goods, from bleached Japanese seaweed to dried beaver testicles (an apparently indispensable ingredient of fine perfumes). The rigidly formal and exclusive world of the merchant banker is laid bare and the increasing popularity of London for foreign banks is also examined in this final part of the series.
A forerunner of the London Stock Exchange was formed in 1761 by a group of 150 stockbrokers and jobbers based around Jonathan's Coffee House in Change Alley. In 1773 the brokers built premises in Sweeting's Alley called New Jonathan's, but the members soon changed its name to the Stock Exchange. They moved to another new building at Capel Court in 1802 and the first regional exchanges opened in Manchester and Liverpool in 1836.
What does the Bank of England do?
'People trust banks and the banks trust the government.'
A window into the world of the 'men in dark suits'.
A look at the analysts whose predictions help navigate the money maze.
Behind the scenes with the 'Man from the Pru' and the 'Names' at Lloyds.
What makes the Square Mile so attractive for foreign investment?
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