|
Arbuthnot Latham
Arbuthnot Latham & Co is a private and merchant bank based near Moorgate in the City of London. It has the status of one of the 12 accepting houses. History Arbuthnot Latham was founded on 13 May 1833 by Alfred Latham and John A. Arbuthnot at 33 Great St Helen’s, Lime Street (near The Gherkin) in the City of London. Originally starting as a general merchant business, it soon began involving itself in finance and lending operations. In 1981 the Arbuthnot family's involvement with the bank ended, with its purchase by Dow Scandia; a consortium majority owned by the Dow Chemical Company. It was at this time that Henry Angest joined the bank. Shortly afterwards, Dow had sold Arbuthnot Latham. By 1990, the business had had four separate ownersCity AM. 14 November 2013 and the Arbuthnot Latham name had been retired. After successfully leading the management buyout of Secure Homes (later renamed Secure Trust), Henry Angest acquired Arbuthnot Fund Managers (and thereby the Arbuthn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lime Street (ward)
__NOTOC__ Lime Street is one of the 25 ancient wards of the City of London. ''It is divided into four precincts; and it is worthy a remark that, though the ward includes parts of several parishes, there is not even a whole street in it.'' (John Noorthhouck, 1773) It takes its name from the production of lime in the vicinity during medieval times. It is bounded to the north by Camomile Street, the division with Bishopsgate ward, before travelling due south along its eastern extremity, St. Mary Axe (which separates it from Aldgate ward), then south-west to the southernmost point of the ward (where Lime Street itself makes a small peninsula into Langbourn ward), cutting through Leadenhall Market and from there northwards up Gracechurch Street with the ward of Cornhill to the west. Just outside the ward boundary to the east is St Ethelburga's Bishopsgate, bombed by the IRA in 1993 and restored through generous donations, such as that provided by the Lime Street Ward Clu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gatwick
Gatwick Airport (), also known as London Gatwick , is a major international airport near Crawley, West Sussex, England, south of Central London. In 2021, Gatwick was the third-busiest airport by total passenger traffic in the UK, after Heathrow and Stansted airports, and was the 36th-busiest in Europe by total passenger traffic. It covers a total area of . Gatwick opened as an aerodrome in the late 1920s; it has been in use for commercial flights since 1933. The airport has two terminals, the North Terminal and the South Terminal, which cover areas of and respectively. It operates as a single-runway airport, using a main runway with a length of . A secondary runway is available but, due to its proximity to the main runway, can only be used if the main runway is not in use. In 2018, 46.1 million passengers passed through the airport, a 1.1% increase compared with 2017. History The land on which Gatwick Airport stands was first developed as an aerodrome in the late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bishopsgate
Bishopsgate was one of the eastern gates in London's former defensive wall. The gate gave its name to the Bishopsgate Ward of the City of London. The ward is traditionally divided into ''Bishopsgate Within'', inside the line wall, and ''Bishopsgate Without'' beyond it. ''Bishopsgate Without'' is described as part of London's East End. The ancient boundaries of the City wards were reviewed in 1994 and 2013, so that the wards no longer correspond very closely to their historic extents. ''Bishopsgate Without'' gained a significant part of Shoreditch from the London Borough of Hackney, while nearly all of ''Bishopsgate Within'' was transferred to other wards. Bishopsgate is also the name of the street, being the part of the originally Roman Ermine Street (now the A10) within the traditional extent of the Ward. The gate The gate was first built in the Roman era, probably at the time the wall was first built. The road though the gate, Ermine Street, known at this point as Bisho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Suisse
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " Bulge Bracket" banks providing services in investment banking, private banking, asset management, and shared services. It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also primary dealer and Forex counterparty of the Fed. Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system. In the 1900s, it began shifting to retail banking in response to the elevation of the middle class and competition from fellow Swiss banks UBS and Julius Bär. Credit Suisse partnered with First Boston in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. Barclays has a pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OakNorth Bank
OakNorth Bank is a UK bank for small and medium-sized companies that provides business and property loans. The bank, which gained regulatory approval in early 2015, was founded by entrepreneurs Rishi Khosla and Joel Perlman, who had previously founded Copal Amba. In 2018, the bank's pre-tax profit was £33.9m. In 2019, the bank increased pre-tax profits by 95% to £65.9m. In 2020, ''Financial Times'' ranked the company at #1 on their list FT 1000: Europe's Fastest Growing Companies 2020. History OakNorth secured a full banking licence from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) in March 2015 and began deposit taking and lending six months later. The Board is chaired by Cyrus Ardalan, former vice-Chairman of public policy and government relations at Barclays Bank, and includes Edward “Ted” Berk, a faculty member at Harvard Business School, and an ex-managing director of Bain Capital. In February 2021, Rajesh Gupta, formerly CF ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monzo
Monzo Bank Ltd () is an online bank based in the United Kingdom. Monzo was one of the earliest of a number of new app-based challenger banks in the UK. Originally operating through a mobile app and a prepaid debit card, in April 2017 its UK banking licence restrictions were lifted, enabling it to offer a full current account. As of July 2022, Monzo had over 5.8 million customers. Their most recent financial results issued in July 2022, showed an annual net loss of £119M (an increase from the £116.2M lost in the previous year) on revenue of £154.2M. History Monzo Bank was founded as Mondo in 2015 by Tom Blomfield, Jonas Huckestein, Jason Bates, Paul Rippon and Gary Dolman. The team originally met whilst working at Starling Bank. In February 2016, Monzo set the record for "quickest crowd-funding campaign in history" when it raised £1m in 96 seconds via the Crowdcube investment platform. Two weeks prior to the name change, Monzo was granted a restricted banking licence, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City A
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Government Response To The COVID-19 Pandemic
In response to the COVID-19 pandemic in the United Kingdom The COVID-19 pandemic in the United Kingdom is a part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). In the United Kingdom, it has resulted in confir ..., the Government of the United Kingdom, UK Government introduced various public health and economic measures to mitigate its impact. Devolution in the United Kingdom, Devolution meant that the four nations' administrative responses to the pandemic differed; the Scottish Government, the Welsh Government, and the Northern Ireland Executive produced different policies to those that apply in England. United Kingdom legislation connected with the COVID-19 pandemic, Numerous laws were enacted or introduced throughout the crisis. The UK government had developed a pandemic response plan in previous years. In response to the first confirmed COVID-19 cases in January 2020, the UK ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
