Cornelius Buller
Cornelius Buller | |
|---|---|
| Born | Template:Birth date England |
| Died | April 11, 1849 (aged 77) Kensington, England |
| Occupation | Banker |
| Years active | 1822–1826 |
| Known for | Governor of the Bank of England (1824–1826) |
Cornelius Buller (born 22 March 1772, died 11 April 1849) was a notable English banker who held the position of Governor of the Bank of England between 1824 and 1826.
Life
As the eldest child of Richard Buller from Devonshire Place, London, Cornelius came from a family whose patriarch passed away in 1824 at the age of 91.
Before assuming the governorship, Buller served as Deputy Governor from 1822 until 1824. He took over the role of Governor following John Bowden and was later succeeded by John Baker Richards.
His period in office overlapped with the Panic of 1825. During December of that year, Buller abstained from participating in the bailout efforts for the bank Pole, Thornton & Down because of familial ties, delegating responsibility to his deputy, Richards.
In 1831, Buller led R. Buller & Co. located in Lothbury when it collapsed. Following this failure, he divested his shares in the Bank of England, which disqualified him from maintaining his directorship.
Buller passed away in Kensington in 1849.
Family
A merchant based in Crosby Square, Buller married Mary Down—daughter of Richard Down—on 4 May 1801. Together they had seven sons and three daughters.
He belonged to a distinguished Cornish lineage that included figures such as Sir Richard Buller, General Sir George Buller, General Sir Redvers Buller, and the Barons Churston.