Dumbell's Bank
Dumbell's Bank was a bank in the Isle of Man. The bank's insolvency in 1900, known as Black Saturday and referred to in the Isle of Man as the Dumbell's Bank Crash, resulted in a run on the bank with many individuals losing their life savings and the ruin of numerous local businesses causing poverty, depression and bankruptcy. The effects were profound and lasted for a considerable number of years.
The former Dumbell's Bank building, Douglas, Isle of Man | |
Company type | Private Limited Company |
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Industry | Financial services |
Founded | 1874 |
Headquarters | Douglas, Isle of Man |
Key people | George William Dumbell, Louis Geneste Howard, William Dumbell, Alured Dumbell, Charles Nelson, Alexander Bruce, John Shimmon, William Aldred, William Vincent Aldred, Ridgway Harrison, William Baring Stevenson, James Spittall |
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