Banking & finance

Burton, David (13 of 23) National Life Stories: City Lives

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  • Type

    sound

  • Duration

    00:29:30

  • Shelf mark

    C409/077

  • Subjects

    Banking; Futures exchange

  • Recording date

    1992-12-08

  • Is part of (Collection)

    City Lives

  • Recording locations

    National Sound Archive studio, London

  • Interviewees

    Burton, David, 1937-, (speaker, male)

  • Interviewers

    Courtney, Cathy, 1954- (speaker, female)

  • Abstract

    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.

  • Description

    Interview with David Burton CBE, previously executive director at S G Warburg & Co Ltd (1979-1992), founder member of LIFFE (and Chairman 1988-1992).

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