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Roger Crandall, the Chairman, President, and CEO of MassMutual, commented, By bringing together these highly complementary world-class affiliates under the iconic and respected Barings brand, MassMutual enhances its already-strong offering of investment capabilities and outstanding service to an expanded universe of clients around the globe.
The Baring policy was to build the Grand Trunk as cheaply as possible -- which meant creating a dangerous roadbed and using unsafe machinery-- and then putting as little as possible into operations, which meant unsafe conditions rapidly got worse.
If the Baring family have a well-written tale to distribute to their friends and kin, what has the business historian got?
ING Barings employs 10,000 staff worldwide, 3,000 of which are in London and 1,700 on New York's Wall Street.