Sir Robert Clayton (1629–1707), Director of the Bank of England (1702–1707)

Image credit: Bank of England

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Sir Robert Clayton was a Director of the Bank of England from 1702–1707. He began his banking career as a scrivener – investing and lending money for clients, including to Royalists for the purchase of land confiscated by Parliament. Around this time he married Martha Trott, daughter of a London merchant and major tobacco trader. Martha’s family were the largest landowners in Bermuda at the time and through the marriage, Clayton received a 75 acre plantation. Clayton served on the management board of the Royal African Company for 9 years, investing £500 (around £118,000 today) and receiving yearly dividends. This was a high-status position and an important role in a leading City of London corporation. By the time he left, Clayton had more than doubled his original investment.

Bank of England Museum

London

Title

Sir Robert Clayton (1629–1707), Director of the Bank of England (1702–1707)

Medium

oil on canvas

Measurements

H 67 x W 60 cm

Accession number

0468 (i)

Acquisition method

purchased, 1938

Work type

Painting

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Bank of England Museum

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