Robert Fleming (financier)

From Wikipedia, the free encyclopedia

Robert Fleming was a Scottish financier, the founder of merchant bank Robert Fleming & Co. He was the grandfather of novelist Ian Fleming.

Robert Fleming, once described as Scotland's Dick Whittington. Born in very modest circumstances in Dundee in 1845, he went on to become an international financier in London, establishing the investment bank that bore his name for more than a century and out of which the Fleming Collection of Scottish art and the Fleming Collection Gallery was born. A contemporary of J Pierpont Morgan and a close business associate and friend of Jacob Schiff of Kuhn, Loeb & Co., Fleming was widely known and respected in financial circles on both sides of the Atlantic. He was one of the shrewdest investors of his generation and an acknowledged expert in the financing of American railroads. Fleming never forgot Dundee, and made many generous bequests to the city and the new University College. The Fleming Gymnasium (opened in 1905 and now housing Forensic Medicine) still bears his name today.