Charles Hambro, Baron Hambro

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Charles Eric Alexander Hambro, Baron Hambro (born July 24, 1930 , † November 7, 2002 in London ) was a British banker and politician.

Charles Hambro was the son of Charles Jocelyn Hambro and his first wife. He was the last head of Hambros Bank . Since his father was a second wife to the widow of a member of the Swedish banker family Wallenberg , Charles was able to live in Sweden and later in New York during the Second World War before he returned to England in 1943 and attended Eton College there. Charles Hambro completed his two-year military service with the Coldstream Guards and joined the family-run bank in 1952 as the sixth generation.

While on the one hand he remained true to the family tradition of the business, he also reformed the bank at the same time, leading it successfully through various crises in the 1960s and 1970s. In the 1980s he tried to adapt to the changed banking world by entering corporate finance , but in 1998 the bank, which was no longer viable in a financial world increasingly dominated by big banks, was split up and sold to various other companies.

Charles Hambro was treasurer responsible for the Conservative Party's finances from 1993 to 1997 , and he not only managed to reduce its debt of 19 million pounds , but also to put the party's funding on a more profitable long-term basis.

In 1994 Charles Hambro was named Lord Hambro of Dixton and Dumbleton as a Life Peer and thus a member of the British House of Lords .

Charles Hambro was married twice, from his first marriage he had two sons and a daughter.

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