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Oliver Heywood

Oliver Heywood was born on 9 September 1825 at Irlams o’ th’ Height near Manchester, the son of the banker Sir Benjamin Heywood and his wife Sophia Ann Robinson.

He was educated at St Domingo House, Liverpool; Mr Mertz’s school, Manchester; and Eton. On leaving school he travelled abroad.

Banking career

In 1845 Oliver Heywood went to work for his father’s firm Sir Benjamin Heywood & Co. In 1847, after coming of age the previous year, he became a partner. His three younger brothers also subsequently became partners in the bank.

Benjamin Heywood retired at the end of 1860. Oliver succeeded him as senior partner, and the firm became known as Heywood Brothers & Co. Under Oliver’s leadership, the bank maintained the reputation it had earned for prudence and reliability. Such qualities were particularly valuable in the financial crisis of 1866, when the collapse of the finance firm Overend, Gurney & Co provoked panic throughout the banking sector. Heywood, who was in London when the crisis began, witnessed much of the panic at first hand, and

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Heywood baronets

Baronetcy in the Baronetage of the United Kingdom

The Heywood Baronetcy, of Claremont in the County Palatine of Lancaster, is a title in the Baronetage of the United Kingdom. It was created on 9 August 1838 for the banker, politician and philanthropist Benjamin Heywood.^[1] He had been instrumental in the passage of the 1832 Reform Act. The second Baronet was High Sheriff of Lancashire in 1851. The third Baronet was a railway entrepreneur and served as High Sheriff of Derbyshire^[2] in 1899. The fourth Baronet was High Sheriff of Staffordshire in 1922. The fifth Baronet was an artist.

Oliver Heywood, younger son of the first Baronet, was a banker and philanthropist. Cecil Percival Heywood, second son of the third Baronet and father of the fifth Baronet, was a Major-General in the Army. The Right Reverend Bernard Heywood, son of Reverend Henry Robinson, fifth son of the first Baronet, was Bishop of Ely.

Heywood baronets, of Claremont (1838)

Sir Benjamin Heywood, 1st Baronet (1793–1865)
Sir Thomas Percival Heywood, 2n
Benjamin Heywood
Benjamin Heywood was born on 12 December 1793 in Manchester. His father was Nathaniel Heywood, partner in Benjamin Heywood, Sons & Co. His mother was Ann, daughter of Thomas Percival. He had four younger brothers, two of whom also joined the family bank, and one younger sister.
Heywood was educated at various schools and at Glasgow University (1809-11).
Banking career
In 1814, at the age of 21, Benjamin joined his father Nathaniel and uncle Benjamin Arthur Heywood as a partner in the family bank. Nathaniel died the following year, and in 1818 and 1820 two of Benjamin’s younger brothers joined the firm.
In 1828 Benjamin Arthur died. The following year the two younger brothers retired from the firm, leaving Benjamin as sole partner.
From the 1840s onwards four of Benjamin’s sons successively became partners as they came of age, and Benjamin himself retired from banking at the end of 1860.
In Manchester Banks and Bankers (1877), Leo Grindon wrote: ‘No-one ever heard of anything greedy or sensational in connection with the Heywoods, of their m