Local boy makes good
No British banker is more respected than Sir Dennis Weatherstone, and no bank in the world more respected than the one he heads. The catch is that it is an American bank. It is 45 years since, as a boy of 16, he went to work for J. P. Morgan in Lombard Street. He came back this week as its chairman, to see the Governor of the Bank of England open Morgan's new London home, once the City of London Boys' School. The honours board in its lofty hall still celebrates a First in English for K. W. Amis (nowadays Sir Kingsley). In that hall Sir Dennis spoke of the need not to avoid risk, but for astute bankers to manage it. I wish that when he had finished managing it for the house of Morgan, he could be lured back to do as much for a deserving bank in his native London.
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