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THERE is a respectable argument that modern banking is a Scottish invention. George Heriot, a goldsmith banker in the early 17th century, provided James VI and I with substantial funding. Later that century, William Paterson, the Scottish adventurer, was involved in the founding of both the Bank of England and Bank of Scotland.
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UK recession: Why an independent Scotland should treat all bankers as
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The National.Scott UK recession: Why an independent Scotland should treat all bankers as rogues THERE is a respectable argument that modern banking is a Scottish invention. George Heriot, a goldsmith banker in the early 17th century, provided James VI and I with substantial funding. Later that century, William Paterson, the Scottish adventurer, was involved in the founding of both the Bank of England and Bank of Scotland.
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