BANKERS’ CONSORTIUM
Financing Public Works EUROPE AND NEAR EAST Paris, Nov. 16. An English, French, and German bankers’ consortium, capitalised at £136, million, is financing public works in Europe and the Near East. England and France finance 40 per cent, each, and Germany 20 per cent. Work is allocated in the same proportion. The headquarters are in France. The chairman is a Frenchman, and the British participators are the firms of Baring and Schroeder. \
BRITISH GOVERNMENT TOOK NO PART (Received Nov. 17, 10.30 p.m.) London, Nov. 17. It is explained that the British Government has no connection with the bankers’ cons 'rtium. The agreement was negotiated by interntaional banking houses.
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Bibliographic details
Dominion, Volume 26, Issue 47, 18 November 1932, Page 11
Word Count
110BANKERS’ CONSORTIUM Dominion, Volume 26, Issue 47, 18 November 1932, Page 11
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