Duncan Lawrie
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Duncan Lawrie
Duncan Lawrie Limited, known simply as Duncan Lawrie, was a small private bank with its head office in Belgravia, London. Founded in 1971, the bank offered a bespoke service, with an emphasis on a personal relationship, to high-net-worth individuals. It is in the process of winding down its operations. History The bank is now 100% owned by Camellia Plc, but it can trace its origins back to two Scottish businessmen, Alexander Lawrie and Walter Duncan, who travelled to Calcutta in the mid-19th century to make their fortunes as general merchants. Their businesses were merged in 1967. The bank has several offices across the United Kingdom, including a branch in Bristol, a country estate in Kent, and an international banking, investment and fiduciary business in the Isle of Man as well as its head office in Belgravia, London. Clientele While the bank places emphasis on confidentiality and never reveals its clientele, it is widely believed that numerous aristocrats, politicians, en ...
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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 ...
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