The Child Family Banking Legacy
The Child & Company Bank is one of the oldest UK financial institutes
, established in 1664. It originated as a London goldsmith business owned by Robert Blanchard and Francis Child. Francis Child married Roberts daughter and became the beneficiary of the business. When Francis passed away in 1713 the business was inherited by his three sons. They transformed the goldsmith business into a bank and started issuing money in 1729.
The deaths of the three sons lead to the bank being passed again to the next generation - a grandson Robert. The bank continued to flourish until 1806 when the business was passed to his granddaughter Lady Sarah Sophia Fane. She became not only the first lady to run this business, but she was also one of the first female bankers in the UK.
Up until Lady Sarahs death in 1867, she continued to run the Child & Co business, which was then passed onto the Earl of Jersey & Frederick William Price of Harringay. Child & Co is now situated on Fleet Sheet, London and is part of the Royal Bank of Scotland.
One hundred and fifty years later and we have seen history repeat itself in the Child Family. Helen Child, another financially skilled descendant from the Child family has followed a similar path in the banking world. Helen Child is the founding direct of the GTP Group, a business that specialises in business to business and prepaid bank cards. The business was awarded the first E Money License in the UK from Mastercard and Visa.
Helen Child has made an outstanding impression within the Prepaid Market and was voted one of the Top Ten Most Powerful Women in Prepaid Industry by a leading industry magazine. In addition, Helen Child has featured in a book titled Exploring Entrepreneurship by Dr Richard Blundel and Dr Nigel Lockett and she is the founder of the non profit Prepaid Worldwide Forum.
Helen Child and Lady Sarah Sophia Fane did not live in the same era, but they are both seen as inspirational women that have a similar story to tell. Both successful women within the banking industry and both belong to Child bloodline. Child & Co is still going strong in the City of London and can be found on Fleet Street and is still offering superb services to its clients today.
by: Admin
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