The British Bank of Northern Commerce was a British investment bank set up to provide financing for Finland after the country achieved its independence from Russia in 1917-18.
Founded in February 1912 by Knut Agathon Wallenberg of the Stockholms Enskilda Bank and Emil Glückstadt of Landmandsbanken (Copenhagen), together with several other banks including Centralbanken for Norge (Christiania), Banque de Commerce de l`Azoff-Don (Petrograd), and Banque de Paris et des Pays Bas (Paris).
The purpose of the bank was to facilitate trade between the United Kingdom and northern Europe.
The bank In June 1919 the bank offered the chairmanship of its board to John Maynard Keynes with the assurance that in return for a salary of £2000 the job would only take a morning a week.
Keynes had met Wallenberg and Glückstadt during World War I and the offer was attractive.