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  1. William Paterson (banker) William Paterson, from a wash drawing in the British Museum. Sir William Paterson (April 1658 - 22 January 1719) was a Scottish trader and banker. He was the founder of the Bank of England and was one of the main proponents of the catastrophic Darien scheme. Later he became an advocate of union with England.

  2. William Paterson (banker) Sir William Paterson (April, 1655 – January 22, 1719) was a Scottish merchant and banker, the founder of the Bank of England and an initiator of the Bank of Scotland. He wrote on economic issues, in favor of free trade considerably before Adam Smith 's Wealth of Nations. His ideas of international trade across Panama ...

  3. Sir William Paterson. Sir William Paterson lived from April 1658 to 22 January 1719. He was the founder of the Bank of England and influential in starting the Bank of Scotland; he was also the architect of the disastrous Darien Scheme and one of the negotiators behind the Acts of Union in 1707. The wider picture in Scotland at the time is set ...

  4. Bank of England. William Paterson (born April 1658, Tinwald, Dumfries, Scotland—died January 22, 1719) was a Scottish founder of the Bank of England, writer on economic issues, and the prime mover behind an unsuccessful Scottish settlement at Darién on the Isthmus of Panama. By 1686 Paterson was a London merchant and a member of the Merchant ...

  5. Mar 17, 2021 · Scotland’s solution was to take up the ideas of William Paterson, a banker and merchant who advocated for establishing “New World” colonies — like those founded by England — to revive the country’s fading fortunes. Paterson’s ideas resulted in an attempt to establish a colony by the Gulf of Darién, in what is now Panama.

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  6. Apr 30, 2022 · About Sir William Paterson, Founder of the Bank of England. Sir William Paterson (April 1658 - 22 January 1719) was a Scottish trader and banker. He was one of the founders of the Bank of England and was one of the main proponents of the catastrophic Darien scheme. Later he became an advocate of Union with England.

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  8. Aug 20, 2010 · Inspired by banker William Paterson, Scotland invested a large proportion of its wealth in setting up a colony in Central America in 1698. It is widely believed that the ensuing fiasco led to ...

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