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Sir Edward Hopkinson Holden

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HOLDEN, SIR EDWARD HOPKINSON, 1ST BART. (1848-1919), English banker, was born on May 1 1, 1848, at Tottington, Lancashire. He became managing director (1898) and eventually chairman (1908) of the Birmingham and Midland Bank. He devoted himself to the development of the amalga mating policy of his bank, which ultimately became the London Joint City and Midland Bank (see BANKS AND BANKING). From 1898 he interested himself in international banking, and became as great an expert on foreign exchange questions as on home finance. He was the first of the larger London joint-stock bankers to open a foreign exchange department. In 1906 he was elected Liberal M.P. for the Heywood division of Lancashire and in 1909 received a baronetcy. In 1915 he went with Lord Reading to the United States on behalf of the Government and arranged there the Anglo-French loan. He died on July 23, 1919.

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