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Walter B. Wriston (August 3, 1919 - January 19, 2005) was a banker and former chairman of Citicorp. An expert on commercial banking, Mr. Wriston wrote and spoke widely on topics relating to finance, banking, technology, and international business. Mr. Wriston's career at Citibank/Citicorp spanned nearly forty years. He joined the company in 1946 as a Junior Inspector in the Comptroller's Division. He was assigned to the bank's Overseas Division in 1956, heading the European District for three years, and was named a Senior Vice President in 1958. Mr. Wriston became President and Chief Executive Officer of the bank in 1967 and of the corporation when it was formed in 1968.
Related Reading: A complex network of intersecting financial, legal, political, and cultural factors all contributed to the development of the South Sea Bubble, the eventual collapse of the South Sea Company in 1720, and the financial ruin left in its wake. The years leading up to the South Sea Bubble were a time of financial promise and enthusiasm for Britain. Following the War of Spanish Succession (1701-1714), there was the increased potential of foreign trade and the turn toward a more global marketplace. Wealth and luxury were no longer reserved to the aristocracy. Consumerism was on the rise, and class and gender boundaries were increasingly blurred when it came to investing in the stock market.
