Banking & finance
Burton, David (13 of 23) National Life Stories: City Lives
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Banking; Futures exchange
Is part of (Collection)
National Sound Archive studio, London
Burton, David, 1937-, (speaker, male)
Courtney, Cathy, 1954- (speaker, female)
Part 13 (tape 7 side A): DB's opinion on the budget. Loss of millions in Warburg's treasury department in mid-1980s; explanation. Decline of loyalty between management and employees. David Scholey's committees leading up to Big Bang. Class divisions within the City. Big Bang merger at Warburgs difficult. Warburg Securities became market makers in securities markets in London. DB offers opinion on Taurus: problems and difficulties.
Interview with David Burton CBE, previously executive director at S G Warburg & Co Ltd (1979-1992), founder member of LIFFE (and Chairman 1988-1992).