When did the world's seventh largest bank buy Antony Gibbs & Sons?
Antony Gibbs &amp; Sons Antony Gibbs & Sons was a British trading company, established in London in 1802, whose interests spanned trading in cloth, guano, wine and fruit, and led to it becoming involved in banking, shipping and insurance. Having been family-owned via a partnership from its foundation, by the turn of the 20th century it was focused on banking and insurance. Floated on the London Stock Exchange in 1973, it was bought by HSBC in 1981 and formed the basis of its insurance broking arm, now part of global insurance company Marsh & McLennan.
Peter Munga Peter Kahara Munga is a businessman and entrepreneur in Kenya, the largest economy in the East African Community. He is the group chairman of the Equity Bank Group, the largest bank holding company on the African continent, by customer numbers, with over 9.2 million customers as of 31 June 2014. He is reported to be one of the wealthiest individuals in Kenya, with a personal net worth exceeding US$100 million as of February 2014.