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Banc Cambria
Banc Cambria is a proposed Welsh community bank currently under development and aimed to be operating in Wales by 2023. Formation and structure The Monmouthshire Building Society is working with the Welsh Government and Cambria Cydfuddiannol Ltd (CCL) to form Banc Cambria by 2023. The aim will be to develop a community bank across all of Wales, with the provision of retail banking services by 2023. The Welsh Government has disclosed that 30 branches could be opened across Wales in the next decade. Social Minister for Wales, Jane Hutt stated to Senedd members, "It's going to be a mutual owned by and run for the benefit of its members". Banc Cambria will aim to provide a full banking service across all of Wales and differently to other typical banks, it will be owned and ran by its own members rather than shareholders. Naming "Banc" in Welsh for bank, whereas "Cambria" is the Latin name for Wales, being the Latinised form of the Welsh Welsh may refer to: Related to Wal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Wales
The Bank of Wales (Welsh: ''Banc Cymru'') was a commercial bank in Wales which was founded in 1971. The bank was taken over by the Bank of Scotland plc in 1986 and ceased trading under the Welsh brand in 2002. It is now a trading name used by Bank of Scotland plc, a subsidiary of Lloyds Banking Group. History The Bank of Wales was founded by Sir Julian Hodge in 1971. The company provided commercial banking services to small and medium-sized businesses in Wales. From the outset Sir Julian Hodge wanted the company to be called the Bank of Wales, but the compromise title ''Commercial Bank of Wales'' (Welsh: ''Banc Masnachol Cymru'') was adopted following objections from the Registrar of Companies and the Bank of England, which claimed that the proposed name would imply a central bank. The company was eventually officially renamed ''Bank of Wales'' in December 1986. By the year 2000 it had seven regional offices and assets of over £460 million. The Bank started its life on St Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Banking
A commercial bank is a financial institution which accepts deposit (finance), deposits from the public and gives loans for the purposes of consumption and investment to make profit (economics), profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian language, Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florence, Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newport, Wales
Newport ( cy, Casnewydd; ) is a city and Local government in Wales#Principal areas, county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, northeast of Cardiff. With a population of 145,700 at the 2011 census, Newport is the third-largest authority with City status in the United Kingdom, city status in Wales, and seventh List of Welsh principal areas, most populous overall. Newport became a unitary authority in 1996 and forms part of the Cardiff-Newport metropolitan area. Newport was the site of the last large-scale armed insurrection in Great Britain, the Newport Rising of 1839. Newport has been a port since medieval times when the first Newport Castle was built by the Normans. The town outgrew the earlier Roman Britain, Roman town of Caerleon, immediately upstream and now part of the borough. Newport gained its first Municipal charter, charter in 1314. It grew significantly in the 19th century when its port became the focus of Coa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wales
Wales ( cy, Cymru ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by England to the Wales–England border, east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in 2021 of 3,107,500 and has a total area of . Wales has over of coastline and is largely mountainous with its higher peaks in the north and central areas, including Snowdon (), its highest summit. The country lies within the Temperateness, north temperate zone and has a changeable, maritime climate. The capital and largest city is Cardiff. Welsh national identity emerged among the Celtic Britons after the Roman withdrawal from Britain in the 5th century, and Wales was formed as a Kingdom of Wales, kingdom under Gruffydd ap Llywelyn in 1055. Wales is regarded as one of the Celtic nations. The Conquest of Wales by Edward I, conquest of Wales by Edward I of England was completed by 1283, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monmouthshire Building Society
Monmouthshire Building Society, ( cy, Cymdeithas Adeiladu'r Sir Fynwy), is a building society based in Newport, Wales. The Society provides typical building society services including: a range of mortgage and savings products. insurance, financial planning, legal services and funeral plans some of which are provided via third-party companies. The Society is a founder member of the Building Societies Association and Council of Mortgage Lenders, as well as being a member of the Financial Services Compensation Scheme. Monmouthshire Building Society is a mutual organisation and operates through a network of branch and agency offices, covering the M4 corridor from Chepstow in the east, to Swansea in the west. The building society also operates the Monmouthshire Building Society Charitable Foundation which is used to support charities and other social initiatives. The Society had a subsidiary company, Monmouthshire Insurance Services, a commercial insurance broker. The business w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welsh Government
The Welsh Government ( cy, Llywodraeth Cymru) is the Welsh devolution, devolved government of Wales. The government consists of ministers and Minister (government), deputy ministers, and also of a Counsel General for Wales, counsel general. Ministers only attend the Cabinet Meetings of the Welsh Government. It is led by the First Minister of Wales, first minister, usually the leader of the largest party in the Senedd (Welsh Parliament; ), who selects ministers and deputy ministers with the approval of the Senedd. The government is responsible for Table (parliamentary procedure), tabling policy in List of devolved matters in Wales, devolved areas (such as health, education, economic development, transport and local government) for consideration by the Senedd and implementing policy that has been approved by it. The current Welsh Government is a Second Drakeford government, Labour minority administration, following the 2021 Senedd election. Mark Drakeford has been the first minister ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Community Bank
A community bank is a depository institution that is typically locally owned and operated. Community banks tend to focus on the needs of the businesses and families where the bank holds branches and offices. Lending decisions are made by people who understand the local needs of families, businesses and farmers. Employees often reside within the communities they serve. In the United States, community banks are not clearly defined. Most agencies base this term on aggregate assets size with varying definitions such as less than $1 billion (Office of the Comptroller of the Currency) up to less than $10 billion (Federal Reserve Board and Government Accountability Office). Beyond size (as measured by assets) The Federal Deposit Insurance Corporation (FDIC) imposes a number of additional requirements on institutions classified as community banks. From 1985 to 2004 community banks comprised roughly 94% of all commercial banks in the United States, but the proportion of total national depo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jane Hutt
Jane Elizabeth Hutt MS (born 15 December 1949) is a Welsh Labour Party politician serving as Minister for Social Justice since 2021. She has served as the Member of the Senedd (MS) for the Vale of Glamorgan since 1999. A member of the Parliament since its creation, Hutt holds the record for the longest serving Welsh Government minister and has served in every administration to date. She served continually in government from May 1999 until the November 2017 reshuffle, returning in December 2018. Hutt has held several of the most senior government offices, including Minister for Finance, Minister for Health and Social Services, and Minister for Education. Early years Born in Epsom, Surrey, on 15 December 1949, Hutt's Welsh-speaking grandparents are from North Wales, and her father was the pathologist Michael Hutt. Hutt was educated at Surbiton High School and graduated from the University of Kent, Canterbury in 1970 with a BA (Hons), gained a Certificate of Qualification in So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senedd
The Senedd (; ), officially known as the Welsh Parliament in English and () in Welsh, is the devolved, unicameral legislature of Wales. A democratically elected body, it makes laws for Wales, agrees certain taxes and scrutinises the Welsh Government. It is a bilingual institution, with both Welsh and English being the official languages of its business. From its creation in May 1999 until May 2020, the Senedd was known as the National Assembly for Wales ( cy, Cynulliad Cenedlaethol Cymru, lang, link=no). The Senedd comprises 60 members who are known as Members of the Senedd (), abbreviated as "MS" (). Since 2011, members are elected for a five-year term of office under an additional member system, in which 40 MSs represent smaller geographical divisions known as "constituencies" and are elected by first-past-the-post voting, and 20 MSs represent five "electoral regions" using the D'Hondt method of proportional representation. Typically, the largest party in the Senedd forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin
Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through the power of the Roman Republic it became the dominant language in the Italian region and subsequently throughout the Roman Empire. Even after the fall of Western Rome, Latin remained the common language of international communication, science, scholarship and academia in Europe until well into the 18th century, when other regional vernaculars (including its own descendants, the Romance languages) supplanted it in common academic and political usage, and it eventually became a dead language in the modern linguistic definition. Latin is a highly inflected language, with three distinct genders (masculine, feminine, and neuter), six or seven noun cases (nominative, accusative, genitive, dative, ablative, and vocative), five declensions, four verb conjuga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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