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Black Horse (company)
Black Horse Limited is a motor finance company based in the United Kingdom. It was formed in July 2001, as a wholly owned subsidiary of Lloyds Banking Group, but its origins can be traced back to 1922. The business should not to be confused with Black Horse (originally Beehive and most recently Lloyds TSB) Life Assurance Company, whose interests were amalgamated into Scottish Widows in September 2004. History Following the creation of Lloyds TSB Group in 1998, the businesses of Lloyds Bowmaker (formerly Lloyds and Scottish) and United Dominions Trust were combined into Lloyds UDT. In September 2000, Lloyds TSB acquired Chartered Trust, and, in June 2001, the business of Chartered Trust was merged into the business of Lloyds UDT, and the enlarged operation rebadged under the Black Horse name, to form the asset finance division of Lloyds TSB. United Dominions Trust The origins of UDT go back to 1919, when the Continental Guaranty Corporation of New York established a branch in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds Bank is the largest retail bank in Great Britain, Britain, and has an extensive network of branches and Automated teller machine, ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Dominions Trust Ltd V Kirkwood
''United Dominions Trust Ltd v Kirkwood'' 9662 QB 431 was a decision of the Court of Appeal relating to what constitutes "banking business" as a matter of English law. ''Ellinger's Modern Banking Law'' refers to the judgment as a "landmark decision". Facts United Dominions Trust was a finance company which brought an action to recover payment of a loan which it had made to a dealer. The dealer defended the claim for repayment on the basis that the United Dominions Trust was not registered under the Moneylenders Act 1900 and hence the loan contract was unlawful. United Dominions Trust claimed that it was exempt under section 6(d) of that Act because it conducted "banking business". In support of this it argued that it was recognised in the City as a bank, it enjoyed certain privileges given only to banks, and it had a clearing number. Judgment All three judges gave reasoned judgments. The court considered an older Australian decision, ''Commissioners of the State Savings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UDC Finance Limited
UDC Finance Limited is a finance company in New Zealand. UDC's main expertise is now in providing asset-backed finance for plant, vehicles and equipment, where they do not rely on land or buildings as security. It is a subsidiary of Shinsei Bank. History UDC was founded in 1938 as Financial Services Limited by Dr Otto Simon Heymann. In May 1938 Financial Services was the organiser and sponsor of the flotation of Todd Motors Corporation. Government policy of the day prohibited the issue of new banking licences so Financial Services obtained registration as a moneylender in August 1938 and began investing in hire purchase contracts with a special interest in New Zealand's secondary industry. In order to establish international ties and better access to capital for New Zealand businesses London based banker United Dominions Trust was invited to purchase a shareholding. UDT took ownership of almost all Financial Services' capital in 1951. Financial Services was renamed United Domin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lex Autolease
Lex Autolease was created in May 2009 from the merger of HBOS-owned Lex Vehicle Leasing with Lloyds TSB Autolease, and is the currently the largest vehicle leasing business in the UK, with a fleet of about 385,000 vehicles. One in every thirty new cars sold in the UK is through Lex Autolease. History The company can trace its origins back to 1959, when both Lex and Autolease were established. Lex was established in the 1920s and in 1959 it acquired British Colonial Motors, which allowed it to enter the contract hire business. In 1969, it acquired Controlled Cost Motoring, established Lombard Contract Hire in 1983 and acquired Fleetdrive in 1988. Autolease was established in 1959 by Britax, which also owned Bristol Street Motors. Through mergers, a company called Lex Vehicle Leasing emerged. By 2005, it was owned by Aviva as part of their RAC plc company. From 2006 to 2009, it was owned by HBOS. Following the acquisition of HBOS by Lloyds TSB Group, which had owned Autolease si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Julian Hodge
Sir Julian Stephen Alfred Hodge (15 October 1904 – 17 July 2004) was a London-born entrepreneur and banker who lived in Wales for most of his life, from the age of five. Background and beginnings Julian Hodge was born on 15 October 1904 in Camberwell, south London, the son of an electrician. His mother was Irish. At the age of four he moved with his family to Pontllanfraith in the South Wales Valleys. He left school from the Lewis School Pengam at age 13 but his mother encouraged him to read classic novels and recite poetry to further his education. His first job was as an assistant in a chemist's shop. He joined the Great Western Railway as a junior clerk in 1920 and studied accountancy in his spare time, qualifying as a corporate accountant in 1930. He went into business for himself as an accountant in 1934.John Cunningham (21 July 2004"Sir Julian Hodge" (obituary) ''The Guardian''. He married Moira Thomas in 1951 and had three children. Hodge formed the idea of c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Bank Of India, Australia And China
The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.Standard Chartered Bank History Standardchartered.com. Retrieved on 26 December 2018. Atsnotes.com. Retrieved on 26 December 2018. Though lacking a truly strong domestic network in Britain, it was influential in the development of British colonial trade throughout the . [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Commercial Bank Of Scotland
The National Commercial Bank of Scotland Ltd. was a Scottish commercial bank. It was established in 1959 through a merger of the National Bank of Scotland (established in 1825) with the Commercial Bank of Scotland (established in 1810). Ten years later it merged with the Royal Bank of Scotland, to become the largest clearing bank in Scotland. The National Commercial Bank issued its own banknotes. At its foundation, the National Commercial Bank of Scotland had assets of around £300 million, and had 476 branches in Scotland and England. A joint venture with asset management company Schroders in 1964 saw the launch of a Scottish merchant banking service. The bank acquired the 36 English and Welsh branches of The National Bank Ltd., when the Irish operations of that institution were bought by the Bank of Ireland in 1966. The National Commercial Bank also established a "ladies branch" for female customers, staffed entirely by women. By 1969 economic conditions were becoming more d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee Savings Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank
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's Bank, Gurney, Peckover and Company, united as a joint-stock company, 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 Automated teller machine, 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 Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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