The bank decided to enter the securities market buying Strauss Turnbull, a stockbroker, in March 1984. In 1986, the Hambro Trust, the majority shareholder in the bank, was dissolved and the family went their separate ways. Lord Hambro (with his children Clare, Charles, and Alex) stayed with the bank, while Jocelyn Hambro (with his children Rupert, Richard, and James) set up J O Hambro and Sons; Jocelyn Hambro and his sons were reported to be successful in their new businesses. These changes resulted in substantially less Hambro family influence in the banking group and, in July 1997, in the promotion of Chips Keswick to Chairman of the Bank, and Charles Perrin (of Reksten fame) to Vice Chairman and later CEO. Sale to Société Générale By the end of the decade Hambros had 1,400 staff, 900 of whom were based at 41 Tower Hill in London. In February 1998 the Hambros PLC board recommended a sale of Hambros Bank Ltd to the French bank Société Générale, which the majority of the shareholders accepted. Chips Keswick was the prime promoter of the Société Générale takeover together with his Vice Chairman Charles Perrin, who was the last CEO of Hambros Bank Ltd. Formation of boutiques and spin-offs Several boutiques and spin-offs originated from or arose out of the ashes of Hambros Banking Group in the late 1990s. These included JO Hambro and Sons (Jocelyn Hambro and his sons), Hambro Magan Corporate Finance (JO Hambro and Mr Magan), J O Hambro Capital Management (James Hambro), JO Hambro Investment Management (Rupert, Richard and James Hambro), Rupert Hambro & Partners, Firecrest Hambro (Charles Edward Hambro Jr), EC Hambro Rabben & Partners (Clare Hambro and Eivind Rabben), Duke Street Capital (Edmund Truell, ex Hambro European Ventures CEO) and STAR Capital Partners (Tony Mallin, ex Vice Chairman of Hambros Bank). Getty Images was formed by two former Hambros Bank Corporate Finance Directors (Mark Getty/Jonathan Klein). One of the largest companies formed by the family was Peter Hambro Mining and Gold - now renamed Petropavlovsk and listed on the stock exchange in London. SG Hambros Société Générale sold Hambros PLC, including its private equity and investment side, to Investec, a South African bank in May 1998. The Hambros core private banking activities, which had been retained by Société Générale, was renamed SG Hambros Bank & Trust in November 1998. In 2006, the bank was involved with a complex tax