Private company

Neale, James, Fordyce and Down

British banking house

Neale, James, Fordyce and Down was a London banking house, established in 1757 by Henry Neale (1713 - 1773), William James, Alexander Fordyce and Richard Down (1734 - 1814). Its collapse in June 1772 precipitated a major banking crisis which included the collapse of almost every private bank in Scotland, and a liquidity crisis in the two major banking centres of the world, London and Amsterdam.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1757Founded1
  • HeadquartersLondon1

Neale, James, Fordyce and Down was a London banking house, established in 1757 by Henry Neale (1713 - 1773), William James, Alexander Fordyce and Richard Down (1734 - 1814). Its collapse in June 1772 precipitated a major banking crisis which included the collapse of almost every private bank in Scotland, and a liquidity crisis in the two major banking centres of the world, London and Amsterdam.2

Timeline

  1. 1757Founded Founded1

Sources

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