The first important position of James Ferrier
, SF
's father, was as Writer to the Signet. Later he was appointed Principal Clerk of Session and became estate manager to the Duke of Argyll
...
Timeline
1728: The Royal Bank of Scotland invented the overdraft...
Building item
1728
The Royal Bank of Scotland
invented the overdraft or cash credit: loans could now be made to non-landowners or prospective land-inheritors.
“Royal Bank of Scotland: A history”. BBC News: Business, 17 Jan. 2000.
11-12 October 2008: This weekend the banking system in Britain...
National or international item
11-12 October 2008
This weekend the banking system in Britain approached collapse. The government bailed out the Royal Bank of Scotland
(the world's largest company measured in assets) with £20 billion.
Lanchester, John. “It’s Finished”. London Review of Books, Vol.
