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Building Regional Banking in East Anglia

Nigel Brown, eponymous founder of NW Brown Group, has recently received a great deal of interest in the proposals to create a new Regional Bank. After much news coverage on Wednesday, 4 February, the interest has deepened and many business men and women in Cambridge are eagerly awaiting more information.

Marcus Johnson, Chief Executive of NW Brown and fellow Angel of GEIF has been approached by a number of people to ask if Nigel’s former company and colleagues will be backing this latest venture. ‘Nigel is a wise analyst of the financial world, as well as a great Cambridge figure, and we are always supportive of his projects. We are just one of the local entities who would both welcome and support him in continuing on his mission to build a better Cambridge. We see these plans as having potential to help local firms and to make our clients better off. We will be very disappointed if nothing comes of this, we have to agree with Nigel that the large commercial banks lost their way some time ago and it is time for a return to traditional banking virtues.’

NW Brown Group will endeavour to direct interested parties to where they can locate more information as soon as it is available.

Feature Created: 2009-05-02

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