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During the late 1930s, Bolton was involved with classified preparations for a structure of wartime exchange control plans, which were implemented when the war broke out in 1939. From 1941 to 1948, Bolton served as an adviser to the Bank of
England's Board of Governors on policies of development of
43:
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to be trained as an exchange dealer. In 1920, he joined the merchant banking firm of
Helbert, Wagg & Co., and learned the trade in London and Paris. At Helbert, Wegg, & Co., Bolton started and managed a successful foreign exchange dealing department. After the
399:
In 1928, Bolton married May
Howcroft. They had one son, Nicholas George, and two daughters, Sheila and Gillian. He died in London in 1981. Nicholas married the Hon. Lavinia Valerie Woodhouse, daughter of
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in 1931, the bank sought out Bolton for his expertise in this industry. In 1933, Bolton joined the Bank of
England, where he was largely responsible for the market management of
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the sterling area, in addition to the technical apparatus of foreign exchange control. In 1948, he was named
Executive Director of the Bank of England.
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126:(16 October 1900 – 2 September 1982) was a British banker who was noted for his expertise in the
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After his retirement in 1970, a collection of his speeches and writings on London was published as a book,
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Bolton also served in various other positions and sat on the boards of many companies, including the
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404:, and their daughter Carina married Alexander Burton Conyngham, Earl of Mount Charles, heir to the
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In 1962 Bolton played a key role in the envisioning and establishment of the London
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166:, London in 1900, the son of William Bolton, a shipping clerk, and Beatrice (
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and
Alternate Governor from 1952 to 1957. He also served as director of the
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After his retirement, he remained a director of BOLSA, and subsequently of
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market, a major subsequent source of income for the City of London.
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564:"Future of the City: how London's reach will shrink after Brexit"
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From 1946 to 1952, Bolton was the UK's executive director of the
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and as a leading influence on the rebirth of London after the
722:
Knights
Commander of the Order of St Michael and St George
512:"Sir George Bolton – Expert on Foreign Exchange Market".
328:
by the
Argentine government, and in 1965 was awarded the
233:(BOLSA), staying in that role until he retired in 1970.
532:
A Domestic
History of the Bank of England, 1930–1960
291:, edited by Richard Fry, former financial editor of
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289:Banker's World: The Revival of the City 1957–1970
703:
186:At age 16, he joined the London branch of the
458:"Bolton, Sir George Lewis French (1900–1982)"
467:(online ed.). Oxford University Press.
275:in 1952–52 and 1961–62, and governor of the
269:Commonwealth Development Finance Corporation
589:"Ian Morison on Sir George Bolton's Book".
535:. Cambridge University Press. p. 386.
737:People associated with the Bank of England
615:(Supplement). 30 December 1949. p. 4.
309:Bolton was knighted as a Commander of the
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732:People from the London Borough of Hackney
626:"Argentine Award for Sir George Bolton".
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528:
429:Orden de Mayo (Al Mérito) - Gran Oficial
388:Class III - Grand Officer (Gran Oficial)
752:British officials of the United Nations
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464:Oxford Dictionary of National Biography
311:Order of Saint Michael and Saint George
301:, Permanent Secretary of the Treasury.
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747:High sheriffs of the County of London
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402:David Woodhouse, 4th Baron Terrington
684:High Sheriff of the County of London
657:High Sheriff of the County of London
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273:High Sheriff of the County of London
261:Sun Life Assurance Company of Canada
148:High Sheriff of the County of London
757:20th-century English businesspeople
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229:In 1957, he became chairman of the
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742:International Monetary Fund people
365:Order of May (Merit - Civil order)
224:Bank for International Settlements
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342:Order of St Michael and St George
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257:Canadian Pacific Railway Company
231:Bank of London and South America
140:Bank of London and South America
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595:. 17 November 1970. p. 24.
518:. 3 September 1982. p. 12.
134:. He served as director of the
632:. 9 November 1960. p. 20.
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247:, after their merger in 1974.
170:French). He went to school at
142:and executive director of the
119:Sir George Lewis French Bolton
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694:Michael James Babington Smith
667:Michael James Babington Smith
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205:Exchange Equalisation Account
203:, using the resources of the
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529:Hennessy, Elizabeth (1992).
488:UK public library membership
320:In 1960, he was appointed a
263:. He was deputy chairman of
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265:Bank of London and Montreal
220:International Monetary Fund
144:International Monetary Fund
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277:London School of Economics
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245:Lloyds Bank International
188:Société Générale de Paris
172:Leyton County High school
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47:Sir George Bolton in 1970
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455:Jones, Geoffrey (2004).
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406:Marquessate of Conyngham
297:, with a preface by Sir
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128:foreign exchange market
473:10.1093/ref:odnb/46639
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201:sterling exchange rate
315:1950 New Year Honours
146:. He twice served as
267:and chairman of the
727:Bankers from London
677:John Nicholson Hogg
211:the previous year.
209:Neville Chamberlain
158:Bolton was born in
138:, chairman for the
612:The London Gazette
195:had abandoned the
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691:Succeeded by
664:Succeeded by
570:. 9 December 2020
486:(Subscription or
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81:, London, England
62:, London, England
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674:Preceded by
650:Baron Kindersley
647:Preceded by
642:Honorary titles
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71:2 September 1982
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56:16 October 1900
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384:Order of Merit
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330:Order of Merit
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182:Banking career
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75:(aged 81)
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16:British banker
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28:George Bolton
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572:. Retrieved
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546:. Retrieved
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476:. Retrieved
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332:from Chile.
326:Order of May
322:Gran Oficial
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294:The Guardian
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73:(1982-09-02)
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717:1982 deaths
712:1900 births
607:"No. 38797"
548:28 November
478:28 November
251:Other roles
207:created by
79:Westminster
706:Categories
688:1961–1962
661:1952–1953
490:required.)
438:References
390:) (Chile)
271:. He was
154:Early life
87:Occupation
629:The Times
592:The Times
515:The Times
373:Argentina
299:Frank Lee
259:and the
238:eurobond
574:6 April
425:Spanish
324:of the
313:in the
305:Honours
164:Hackney
60:Hackney
539:
484:
95:Awards
90:Banker
412:Notes
576:2023
550:2016
537:ISBN
480:2016
371:) (
352:) (
350:KCMG
348:) (
283:Book
123:KCMG
68:Died
53:Born
33:KCMG
469:doi
174:in
168:née
25:Sir
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344:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.