Cass Business School moved to new premises in the London Borough of Islington, and changed its name as part of a strategy formed by Lord Currie of Marylebone, who had become Dean the year before, to compete as an international business school in a market dominated by US universities. The school had previously been spread out across the City of London's mainly residential Barbican Centre development. Half of the £40 million funding for the new building came from the reserves of City, University of London. The school also received a gift from Sir John Cass's Foundation, founded in 1748 to educate children in
City of London School for Girls the foundation of a girls' school, a £20,000 legacy for the City of London Corporation. The school now receives financial support from the City Livery Companies as well as banks and other City firms. Links with the City of London remain strong – the City administers the school and the Board of Governors is appointed by the Court of Common Council. The school has strong links with its brother school – the City of London School is just a 15-minute walk away. The school celebrated its 110th Anniversary in 2004–05, under the title of 'Women in Leadership'. It celebrated its