Known as "Tom", Baring was the tenth child (fifth of second marriage) of Henry Baring of Cromer Hall, and younger full brother of Edward Baring, 1st Baron Revelstoke. Like his brother, he was involved in the family banking business, beginning his career in the Liverpool office of Barings Bank. He later moved to New York City to join Kidder Peabody. When, in 1890, Kidder Peabody split its dual Boston-New York firm, Baring became a partner in the separated New York firm. He and another Kidder-Peabody alumnus, George C. Magoun, formed Baring, Magoun. Both houses continued as North American agents for Barings.
Following the near-collapse of Barings, which initiated the Panic of 1890, and the death of senior partner Thomas Charles Baring (a cousin) in 1891, Tom returned to London to become a Managing Director of the reorganized Baring Brothers and Co. Limited in 1892. In 1896 he joined the new Barings partnership formed to oversee the limited company. He remained in both positions until his retirement in 1912. Although Tom was the eldest of the partners, his nephew John Baring, 2nd Baron Revelstoke became head of the firm.
Baring was born at Cromer Hall, Cromer, Norfolk, but never lived there as an adult. The estate was home to his younger brother Evelyn who, after a distinguished career as a statesman, diplomat and colonial administrator, was raised to the peerage as 1st Earl of Cromer.
baring, this, article, includes, list, references, related, reading, external, links, sources, remain, unclear, because, lacks, inline, citations, please, help, improve, this, article, introducing, more, precise, citations, march, 2021, template, removal, help. This article includes a list of references related reading or external links but its sources remain unclear because it lacks inline citations Please help to improve this article by introducing more precise citations March 2021 template removal help Thomas Baring 1839 1923 was a British banker Thomas Tom BaringBorn1839Cromer Hall Cromer Norfolk EnglandDiedSeptember 2 1923Newmarket SuffolkNationalityBritishOccupationbankerKnown as Tom Baring was the tenth child fifth of second marriage of Henry Baring of Cromer Hall and younger full brother of Edward Baring 1st Baron Revelstoke Like his brother he was involved in the family banking business beginning his career in the Liverpool office of Barings Bank He later moved to New York City to join Kidder Peabody When in 1890 Kidder Peabody split its dual Boston New York firm Baring became a partner in the separated New York firm He and another Kidder Peabody alumnus George C Magoun formed Baring Magoun Both houses continued as North American agents for Barings Following the near collapse of Barings which initiated the Panic of 1890 and the death of senior partner Thomas Charles Baring a cousin in 1891 Tom returned to London to become a Managing Director of the reorganized Baring Brothers and Co Limited in 1892 In 1896 he joined the new Barings partnership formed to oversee the limited company He remained in both positions until his retirement in 1912 Although Tom was the eldest of the partners his nephew John Baring 2nd Baron Revelstoke became head of the firm Baring was born at Cromer Hall Cromer Norfolk but never lived there as an adult The estate was home to his younger brother Evelyn who after a distinguished career as a statesman diplomat and colonial administrator was raised to the peerage as 1st Earl of Cromer References editZiegler Philip 1988 The Sixth Great Power Barings 1762 1929 London Collins ISBN 0 00 217508 8 Baring family genealogy in The Baring Archive Baring family portrait collection in The Baring Archive nbsp This English business related biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Tom Baring amp oldid 1128834183, wikipedia, wiki, book, books, library,
