Montagu C. Norman, Time cover, 1929

Montagu Collet Norman, 1st Baron Norman, DSO (6 September 1871–4 February 1950), was a distinguished English banker, best known for his role as the Governor of the Bank of England from 1920 to 1944. Image File history File links This is a magazine cover. ... Image File history File links This is a magazine cover. ... Source: Veterans Affairs Canada The Distinguished Service Order is a military decoration of the United Kingdom, and other formerly Commonwealth countries, awarded for meritorious or distinguished service by officers of the armed forces during wartime, typically in actual combat. ... This article is about the day of the year. ... 1871 (MDCCCLXXI) was a common year starting on Sunday (see link for calendar). ... February 4 is the 35th day of the year in the Gregorian Calendar. ... 1950 (MCML) was a common year starting on Sunday (link will take you to calendar). ... For other uses, see Bank (disambiguation). ... The Bank of England is the central bank of the United Kingdom, sometimes known as The Old Lady of Threadneedle Street or The Old Lady. The nearest London Underground station is Bank station. ... 1920 (MCMXX) was a leap year starting on Thursday (link will take you to calendar) // Events January January 7 - Forces of Russian White admiral Kolchak surrender in Krasnoyarsk. ... 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ...

Sir Montagu Norman was the elder son of Frederick Henry Norman and Lina Susan Penelope Collet, a daughter of Sir Mark Wilks Collet, 1st Baronet, himself a Bank of England Governor. He was educated at Eton and King's College, Cambridge. He was created as the 1st Baron Norman on 13 October 1944. The barony became extinct upon his death in 1950. Frederick Henry Norman was an English merchant banker and a director of the merchant bank Brown Shipley. ... Sir Mark Wilks Collet (1816 - 1905) was an English merchant and banker. ... The Kings College of Our Lady of Eton beside Windsor, commonly known as Eton College or just Eton, is a prestigious and internationally known independent school for boys. ... Full name The Kings College of Our Lady and St Nicholas Motto Veritas Et Utilitas Truth and usefulness Named after Henry VI Previous names - Established 1441 Sister College(s) New College Acting Provost Dr Tess Adkins Location Kings Parade Undergraduates 397 Postgraduates 239 Homepage Boatclub The Gatehouse, built... Montagu C. Norman, Time cover, 1929 Montagu Collet Norman, 1st Baron Norman, DSO (6 September 1871–4 February 1950), was a distinguished English banker. ... October 13 is the 286th day of the year (287th in leap years). ... 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ... 1950 (MCML) was a common year starting on Sunday (link will take you to calendar). ...

Under Norman's Governorship, the bank underwent significant change. In 1931 the United Kingdom permanently abandoned the gold standard, at which point the bank's foreign exchange and gold reserves were transferred to the British Treasury. This article is on the monetary principle. ...

He was a close friend of the German Central Bank president Hjalmar Schacht. Both were members of the Anglo German Fellowship and the Bank for International Settlements. Dr. Hjalmar Horace Greeley Schacht (January 22, 1877 - June 3, 1970) was a German financial expert and Minister of Economics from 1935 until 1937. ... BIS Headquarters in Basel The Bank for International Settlements (or BIS) is an international organization of central banks which exists to foster cooperation among central banks and other agencies in pursuit of monetary and financial stability. It carries out its work through subcommittees, the secretariats it hosts, and through its...

Norman was a leading figure in establishing the Bank for International Settlements, also in 1931. He was also accused by many of collaborating in the conspiracy to launder Nazi profits. BIS Headquarters in Basel The Bank for International Settlements (or BIS) is an international organization of central banks which exists to foster cooperation among central banks and other agencies in pursuit of monetary and financial stability. It carries out its work through subcommittees, the secretariats it hosts, and through its...

On 2 November 1933, Norman married Priscilla Reyntiens, London councillor, and grand-daughter of the 7th Earl of Abingdon. His stepson from this marriage was Sir Peregrine Worsthorne. November 2 is the 306th day of the year (307th in leap years) in the Gregorian Calendar, with 59 days remaining. ... 1933 (MCMXXXIII) was a common year starting on Sunday (link will take you to calendar). ... Priscilla Cecilia Maria Reyntiens (March 20, 1899-1991) was a London councillor and a board member and supporter of mental health and nursing institutions. ... Sir Peregrine Gerard Worsthorne (born December 22, 1923) is a British Conservative journalist, writer and broadcaster. ...

His brother Ronald Collet Norman and his nephew Mark Norman became leading bankers. His great-nephew David Norman has also led a successful city career and is a noted benefactor of the arts. Ronald Collet Norman JP (1873–5 December 1963) was a banker, administrator and politician. ... Mark Richard Norman OBE, CBE (born 3 April 1910 and died 1994) was an English banker. ... David Mark Norman (born 30 January 1941) is an English management consultant and entrepreneur. ...

External link

• Bank of England: History of the Bank
• Crash of 1929 details as viewed by Webster_G._Tarpley