FORD BANK.
MOTOR KING'S INVASION OF ■WALL STREET. KBW YORK, May 19. i Still reaching out after new worlds to I conquer, Henry Ford, the multi-million-|aire automobile manufacturer, has expended his sphere of operations into Wall ; Street finance. I The first evidence of this new move I lias been provided by the establishment lin New York of a subsidiary to the [Guardian Trust Company of Detroit, in which Mr. Ford is heavily interested. Though organised only recently, the company is described as the largest bank in the Middle-West. The board of directors includes 2.5 'Detroit business men. the most prominent of them being Edsel Ford, Henry's son. Brandies will be established [throughout the world. J Bankers believe that following the .development of the aeroplane industry j and the possible purchase of United 'States Shipping Board vessels, the Ford interests will make the establishment of their own world-wide banking facilities their next important step.
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Auckland Star, Volume LVI, Issue 124, 28 May 1925, Page 7
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153FORD BANK. Auckland Star, Volume LVI, Issue 124, 28 May 1925, Page 7
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