Media News

Sergeant, founder of Euromoney, dies at 100

Sir Patrick Sergeant

Sir Patrick Sergeant, the founder of Euromoney and legendary figure of financial journalism, died on Sept. 18 at the age of 100.

A Telegraph story states, “When the Mail’s proprietor, the second Viscount Rothermere, complained in 1966 that the City desk looked overstaffed, Sergeant came up with a new source of advertising revenues by introducing Money Mail, a ‘family finance’ page. And in 1969 he proposed an even bolder money-spinner in Euromoney, a subscription-only magazine aimed at the practitioners of the rapidly growing international capital markets.

“With Rothermere’s backing, just £6,200 of seed capital, and Christopher Fildes (later a distinguished Daily Telegraph columnist) as its first editor, Euromoney began life in a corner of the Mail’s City office.

“By judicious flattery of the leading players of the Eurobond market, by making itself a journal of record for their deals, and by attracting acres of ‘tombstone’ (bond-issue announcement) advertising, it grew into a spectacular financial success.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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