Company type | Public |
---|---|
Industry | Finance |
Founded | 1800 |
Founder | Thomas Richardson John Overend |
Defunct | 10 May 1866 |
Fate | Bankruptcy |
Headquarters | 65 Lombard Street, London, UK |
Area served | United Kingdom |
Services | Financial services |
Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about £11 million, equivalent to £1,287 million in 2023.[1] The collapse of the institution triggered a banking panic.[2]