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Capital And Counties Bank
The Capital and Counties Bank was a London clearing bank, which operated 473 branches throughout the United Kingdom from 1877 until its acquisition by Lloyds Bank in 1918. The bank was formed as the Hampshire and North Wilts Banking Company, following the merger of the Hampshire Banking Company and the North Wilts Banking Company. It was renamed Capital and Counties Bank in 1878. The Hampshire Banking Company had been established in Southampton in 1834 and the North Wilts Banking Company in Melksham Melksham () is a town on the River Avon in Wiltshire, England, about northeast of Trowbridge and south of Chippenham. At the 2011 census, the Melksham built-up area had a population of 19,357, making it Wiltshire's fifth-largest settlement aft ... in 1835, from the private bank of Moule & Co. founded in 1792. Lloyds Bank offered to acquire the bank on the terms of one Lloyds share, plus £2 cash, for each Capital and Counties share in 1918, with the accounts of the two banks at ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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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 ...
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Clearing Bank (United Kingdom)
The Cheque and Credit Clearing Company Limited (C&CCC) is a UK membership-based industry body whose 11 members are the UK clearing banks. The company has managed the cheque clearing system in England and Wales since 1985, in all of Great Britain since 1996 when it took over responsibility for managing the Scottish cheque clearing as well, and in the whole of the United Kingdom since the introduction of the Image Clearing System in 2019. As well as clearing cheques, the system processes the following forms of payment: banker's drafts, building society cheques, postal orders, warrants, government payable orders and traveller's cheques. The company also manages the systems for the clearing of paper bank giro credits (the credit clearing). The clearing system in Northern Ireland was formerly operated by the Belfast Bankers' Clearing Company for the four clearing banks there. History In 2009 3.5 million cheques and 360,000 paper credits passed through the British interbank clear ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Southampton
Southampton () is a port city in the ceremonial county of Hampshire in southern England. It is located approximately south-west of London and west of Portsmouth. The city forms part of the South Hampshire built-up area, which also covers Portsmouth and the towns of Havant, Waterlooville, Eastleigh, Fareham and Gosport. A major port, and close to the New Forest, it lies at the northernmost point of Southampton Water, at the confluence of the River Test and Itchen, with the River Hamble joining to the south. Southampton is classified as a Medium-Port City . Southampton was the departure point for the and home to 500 of the people who perished on board. The Spitfire was built in the city and Southampton has a strong association with the ''Mayflower'', being the departure point before the vessel was forced to return to Plymouth. In the past century, the city was one of Europe's main ports for ocean liners and more recently, Southampton is known as the home port of some of ...
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Melksham
Melksham () is a town on the River Avon in Wiltshire, England, about northeast of Trowbridge and south of Chippenham. At the 2011 census, the Melksham built-up area had a population of 19,357, making it Wiltshire's fifth-largest settlement after Swindon, Salisbury, Chippenham and Trowbridge. History Early history Excavations in 2021 in the grounds of Melksham House found fragments of locally made pottery from the early Iron Age (7th to 4th centuries BC). There is evidence of settlement continuing into the later Iron Age and Roman periods, including Roman clay roof tiles. Melksham developed at a ford across the River Avon. The name is presumed to derive from "''meolc''", the Old English for milk, and ''"ham"'', a village. On John Speed's map of Wiltshire (1611), the name is spelt both ''Melkesam'' (for the hundred) and ''Milsham'' (for the town itself). Melksham is also the name of the Royal forest that occupied the surrounding of the area in the Middle Ages. Landowne ...
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Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told ''The Banker' ...
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Banks Established In 1877
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 concept ...
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Banks Disestablished In 1918
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 ...
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Defunct Banks Of The United Kingdom
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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1918 Mergers And Acquisitions
This year is noted for the end of the World War I, First World War, on the eleventh hour of the eleventh day of the eleventh month, as well as for the Spanish flu pandemic that killed 50–100 million people worldwide. Events Below, the events of World War I have the "WWI" prefix. January * January – 1918 flu pandemic: The "Spanish flu" (influenza) is first observed in Haskell County, Kansas. * January 4 – The Finnish Declaration of Independence is recognized by Russian Soviet Federative Socialist Republic, Soviet Russia, Sweden, German Empire, Germany and France. * January 9 – Battle of Bear Valley: U.S. troops engage Yaqui people, Yaqui Native American warriors in a minor skirmish in Arizona, and one of the last battles of the American Indian Wars between the United States and Native Americans. * January 15 ** The keel of is laid in Britain, the first purpose-designed aircraft carrier to be laid down. ** The Red Army (The Workers and Peasants Red Army) ...
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