91–98 of 98 posts
If you're ever in the south west of England, you can visit Stourhead, their incredible country estate with huge landscaped gardens surrounding a lake, dotted with Palladian follies. It's now one of the flagship properties of the National Trust: https://www.nationaltrust.org.uk/stourhead
Note that Child & Co is actually the oldest bank in Britain, not C.Hoare & Co. Child & Co. was sold which is likely why its no longer the original banking dynasty but it is still around. https://en.wikipedia.org/wiki/Child_%26_Co .
> Note that Child & Co is actually the oldest bank in Britain, not C.Hoare & Co. The article is about the 'oldest banking dynasty', not the 'oldest bank', so you're not contradicting anything with your 'actually'.
It seems to me like there is a space to become the Gucci/Rolls Royce/Hermes/... of banking. The place where famous Instagrammers bank. Expensive, authentic, exclusive, heritage,
Earlier quoted context omitted.
Perhaps without duties to investors or depositors they aren't hung up on rules and risk mitigations, specifically a banker being able to make decisions based only on their own judgement.
Hoare is unilimited liability company. Partners are responsible with their personal assets. They are more risk averse than normal bank, they trade growth to stability.
Like how I don't have to have health inspectors come investigate my kitchen to make myself lunch.
I wonder if legendary computer scientist Tony Hoare (C. A. R. Hoare) was part of the family, especially given his three given names.
I'm a customer of Hoare's. AMA.
Have you ever been to any of the 'evening talks'? What are they on? Are they interesting?
A lot of the talks are about the work of charitable organisations, such as Hospice Africa (www.hospice-africa.org.uk/), Afghan Connection (http://afghanconnection.org), A Blueprint for Better Business (https://www.blueprintforbusiness.org), Intermission Youth Theatre (http://www.intermissionyouththeatre.co.uk) and Veterans Aid (https://veterans-aid.net).
Details of some of the talks are listed at https://www.hoaresbank.co.uk/events
Earlier quoted context omitted.
Hoare is unilimited liability company. Partners are responsible with their personal assets. They are more risk averse than normal bank, they trade growth to stability.
But it is a different kind of risk aversion when your fiduciary duty is to yourself instead of someone external. Like how I don't have to have health inspectors come investigate my kitchen to make myself lunch.