Chartered Bank of India, Australia and China in the context of "Royal Charter"

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⭐ Core Definition: Chartered Bank of India, Australia and China

The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.

Though lacking a truly strong domestic network in Britain, it was influential in the development of British colonial trade throughout the East of Suez.

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Chartered Bank of India, Australia and China in the context of James Wilson (businessman)

James Wilson (3 June 1805 – 11 August 1860) was a Scottish businessman, economist, and Liberal politician who founded The Economist weekly and the Chartered Bank of India, Australia and China, which merged with Standard Bank in 1969 to form Standard Chartered. He was the first Finance Member of the Viceroy's Executive Council from December 1859 until his death in August 1860. Sent there to put order into the chaos that followed the "Sepoy Mutiny" of 1857, he presented India's first budget, and was responsible for the government accounting system, Pay Office, and audit, apart from government paper currency, Indian Police, a Military Finance Commission, and a Civil Finance Commission.

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Chartered Bank of India, Australia and China in the context of Standard Bank (historic)

The Standard Bank was a British overseas bank, which operated mainly in Africa from 1863 to 1969. It merged with the Chartered Bank in 1969 to form Standard Chartered.

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