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Sir Brian Gerald Pearse (born 23 August 1933) [1] is a British businessman, and the former chief executive of Midland Bank in the early 1990s.
He was born in West Derby, where he grew up. He had two sisters who remained in Liverpool. He supported Everton.
He attended St Edward's College, a Catholic direct grant grammar school in Liverpool from 1945-50.
He started at Martins Bank at the age of 17, for 15 years, starting at branch on Victoria St in Liverpool, moving to Leicester and Birmingham.
Martins Bank became part of Barclays. In 1977 he was regional general manager for the East Midlands and East Anglia. From 1979-82 he was General Manager of Barclays Bank UK, after the chief executive of Barclays Bank International in the US. In 1987 he was finance director of Barclays. [2]
Sir Kit McMahon (aged 64) left as chairman and chief executive of Midland Bank on 5 March 1991, after Midland was the first British bank in fifty years to cut its dividend (by a half). [3] Midland had a 90% drop in profits to £63m.
He became chief executive of Midland Bank on 6 March 1991. Midland employed 60,000 people worldwide. He was aged 57 when he became chief executive. Five per cent of Midland customers had a mortgage with the bank; he wanted that to be 25%.
At 9pm on Thursday 22 August 1991 he appeared in an hour-long Channel 4 documentary entitled The Decline of the Midland Bank; the bank had suffered from the decline of the UK's manufacturing base, so the bank had made international acquisitions to counteract this. Midland had been the world's biggest bank in the 1930s. Crocker National Bank, of California, had been bought by Midland in 1981 for £485m; it was sold in 1986 for a billion-dollar loss. [4]
In mid-March 1992 HSBC announced its take-over of the Midland Bank. HSBC had bought its first stake in 1987 for 14.7% of Midland Bank, costing £383m. [5] The take-over deal went through on Thursday 9 July 1992. [6]
He left Midland in March 1994, with the former chairman of BP becoming the chairman in June 1991. He was replaced by his deputy Keith Whitson. The chairman Sir Peter Walters left at the same time, being succeeded by Sir William Purves.
He is married with three children. [7] He lived in a village near Guildford with wife Pat. [8]
He was knighted in the 1994 New Year Honours.
HSBC Holdings plc, originally The Hongkong and Shanghai Banking Corporation, and known locally as HongkongBank in Hong Kong, Canada and Australia during the 1980s-90s, is a British universal bank and financial services group headquartered in London, England, with business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA).
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Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC. The bank was founded as the Birmingham and Midland Bank in Union Street, Birmingham, England in August 1836. It expanded in the Midlands, absorbing many local banks, and merged with the Central Bank of London Ltd. in 1891, becoming the London City and Midland Bank.
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The Thelwall Viaduct is a steel composite girder viaduct in Lymm, Warrington, England. It carries the M6 motorway across the Manchester Ship Canal and the River Mersey. It is between junctions 20 and 21 of the M6, the former being also known as junction 9 of the M56.
Sir William "Willie" Purves, was a Scottish banker until his retirement in 1998. He was the first Group Chairman of HSBC Holdings following the creation of a holding company to act as parent to The Hongkong and Shanghai Banking Corporation and the Midland Bank following the former's acquisition of Midland in 1992.
Keith Reginald Harris is a London-based investment banker and financier with a 30-year career as a senior corporate finance and takeover advisor, having held senior executive positions at leading institutions Morgan Grenfell, Drexel Burnham Lambert, Apax Partners, and HSBC Investment Bank. He is a private equity investor with interests in varied private equity holdings in financials, media, and sport.
Chris Pavlou is an International banker and a business executive. He was the Vice-Chairman of Cyprus Popular Bank. He was in this position since September 17, 2012. On 28 March 2013 he resigned as Vice Chairman of Laiki Bank but in April 2015 until December 2016 was appointed by the Central Bank of Cyprus in its capacity as resolution authority as Special Administrator of the legacy entity of Laiki Bank.
The Unilever Research & Development Port Sunlight Laboratory is the multinational consumer goods company Unilever's main research and development facility in the United Kingdom. It is located in Bebington, Merseyside.
Sir Peter Ingram Walters was a British businessman. He was the chief executive and chairman of British Petroleum. He was born in Birmingham, United Kingdom, in the family of a police inspector.
A.F. Budge was a British civil engineering and construction company based in Nottinghamshire. It built many sections of motorway in Yorkshire and the north Midlands.
The Shell Technology Centre was a chemical and oil products research institute in northern Cheshire, near Stanlow, owned by Anglo-Dutch Shell.
Sir Ronald Claus Hampel is an English former businessman, who was chief executive and chairman of ICI in the 1990s. He planned and oversaw the Zeneca de-merger in June 1993.
The Career Development Institute is the British professional association for career development.
Paul Anthony Hickson was a serial rapist and a British former swimming coach, originally from Leicestershire. He coached the British Olympic swimming team at two Olympics in the 1980s, but behind his sporting prowess, he had been a determined and devious serial rapist of teenage female swimmers, who had misplaced their trust in him.
The Midland Bank, 27-35 Poultry stands on Poultry in the City of London. It was built between 1924 and 1929 as the headquarters offices of the Midland Bank. The architect was Edwin Lutyens. A Grade I listed building, its Historic England record describes it as one of Lutyens' "finest urban buildings". It is now a hotel, The Ned, named in Lutyens' honour.
