Rathbones

Apr 21, 2026 - 14:34
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Rathbones

19th century: mixing up 18th and 19th centuries, reorganise to put related information beside other similar information

← Previous revision Revision as of 09:02, 21 April 2026
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===19th century===
===19th century===
It was involved in early [[Packet trade|packet services]] operating between Liverpool, [[New York City]] and [[Philadelphia]], and undertook private trade with [[India]] as commercial restrictions were relaxed, predominantly due to the [[Charter Act 1813]] and the [[Government of India Act 1833]].{{cite book |last=Lascelles |first=David |title=The Story of Rathbones Since 1742 |publisher=Profile Books Limited |year=2008 |isbn=9781903942932}} In 1824, the partnership formally adopted the name Rathbone Bros. Later it began trading in cotton and commodities from the United States and in 1841 it became the [[Liverpool]] agent for the [[Honourable East India Company|East India Company]].
It was involved in early [[Packet trade|packet services]] operating between Liverpool, [[New York City]] and [[Philadelphia]] and began trading in cotton and commodities from the United States. It undertook private trade with [[India]] as commercial restrictions were relaxed, predominantly due to the [[Charter Act 1813]] and the [[Government of India Act 1833]].{{cite book |last=Lascelles |first=David |title=The Story of Rathbones Since 1742 |publisher=Profile Books Limited |year=2008 |isbn=9781903942932}} In 1841 it became the [[Liverpool]] agent for the [[Honourable East India Company|East India Company]].


In 1824, the partnership formally adopted the name Rathbone Bros.
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In addition to its cotton activities, the firm developed interest in the China trade, establishing branch houses in Canton (now [[Guangzhou]]) and later [[Shanghai]]. By the mid-nineteenth century, it had become a large importer of tea into Britain. The China houses were closed by the 1850s as trading patterns shifted. Rathbones also retained interest in merchant shipping during this period; however, increasing competition and structural changes in its global trade led to a gradual withdrawal from ship ownership, culminating in the sale of its last vessel in 1889. From the late nineteenth century, the firm progressively reduced its exposure to overseas trading and shipping and increased its focus on fiduciary and investment services. This transition preceded the formal reorganisation of 1912, reflecting the firm's shift away from merchant trading partnerships towards financial and investment management activities.

⚫
The firm also developed a trade presence in China, establishing branch houses in Canton (now [[Guangzhou]]) and later [[Shanghai]]. By the mid-nineteenth century, it had become a large importer of tea into Britain. The China houses were closed by the 1850s as trading patterns shifted. Rathbones also retained interest in merchant shipping during this period; however, increasing competition and structural changes in its global trade led to a gradual withdrawal from ship ownership, culminating in the sale of its last vessel in 1889. From the late nineteenth century, the firm progressively reduced its exposure to overseas trading and shipping and increased its focus on fiduciary and investment services. This transition preceded the formal reorganisation of 1912, reflecting the firm's shift away from merchant trading partnerships towards financial and investment management activities.


===20th century===
===20th century===
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