Banking & finance

Remnant, James, (Lord) National Life Stories: City Lives (4 of 26) National Life Stories: City Lives

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  • Type

    sound

  • Duration

    00:28:37

  • Shelf mark

    C409/118

  • Subjects

    Banking

  • Recording date

    1993-16-12, 1994-08-02, 1994-02-03, 1994-22-03, 1994-14-04, 1994-24-05, 1994-01-06

  • Is part of (Collection)

    City Lives

  • Recording locations

    National Provident Institution offices, London

  • Interviewees

    Remnant, James, (Lord), 1930-, (speaker, male)

  • Interviewers

    Courtney, Cathy, 1954- (speaker, female)

  • Abstract

    Part 4 (tape 2 Side B): No discussion of future career when decision was made to specialise in languages at Eton. Father had City friends who could help over decision that JR would gain accountancy qualifications after Coldstream Guards. Continuing friendships with City people first met at Eton. City was `a parish'; has changed a great deal since JR began his training in 1950s, is now a meritocracy and old boy network no longer the same. Three new non-executive directors at NPI chosen professionally and not purely through connections. Stockbrokers who found shift from old boy network difficult to cope with. JR's sister was at same school as his wife. Reason for joining Coldstream Guards. Needed £400 a year on top of pay to keep up with fellow officers and `not to be embarrassed'. JR given an allowance when went to Eton, never became overdrawn, money went on sport. Jack Hobbs. Enjoyed corps at Eton. Patriotism was inherent in upbringing. Feelings about Royal Family - has worked with Prince Charles, will be working with Prince Philip. Charles was President of Jubilee Trust, JR Treasurer and later Chairman. Charles `fabulous but not an angel', feels let down by recent events in Royal Family history. Experience of the Coldstream guards, called up December 31st 1949. Lasting friends made during this period, including future best man, Hugh Peppiatt, future Senior Partner of Freshfields. [Interview 8th February 1994] Has begun to read Mrs Thatcher's memoirs. JR's self-portrait at time of leaving Coldstream Guards. Couldn't afford to stay in the Guards.

  • Description

    Interview with James Wogan Remnant, 3rd Baron Remnant, Director of the Bank of Scotland (1989–1996).

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