John Hennings Nix
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John Hennings Nix
Fuller, Banbury, Nix & Co was a British private bank based in the City of London. It was founded in 1737 in Lombard Street, London and operated under a succession of names reflecting its different partners until receiving its final name in 1881. One of the bank's partners, John Hennings Nix, was the second great-grandfather of Alexander Nix. The bank had a seat on the London Bankers' Clearing House. In 1891 the bank was acquired by Parr's Banking Co Ltd of Warrington, thus facilitating the bank's expansion into London. Through merger with London County & Westminster Bank in 1918, it became a constituent part of the modern NatWest National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it .... References {{DEFAULTSORT:Fuller, Banbury, Nix and Co Private banks Organisations based in the C ...
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Private Banking
Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that specializes in private banking is called a private bank. Private banking is a more exclusive subset of wealth management, geared toward exceptionally affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager. History Private banking is how banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private ba ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by ca ...
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Chatto & Windus
Chatto & Windus is an imprint of Penguin Random House that was formerly an independent book publishing company founded in London in 1855 by John Camden Hotten. Following Hotten's death, the firm would reorganize under the names of his business partner Andrew Chatto and poet William Edward Windus. The company was purchased by Random House in 1987 and is now a sub-imprint of Vintage Books within the Penguin UK division. History The firm developed out of the publishing business of John Camden Hotten, founded in 1855. After his death in 1873, it was sold to Hotten's junior partner Andrew Chatto (1841–1913), who took on the poet William Edward Windus (1827-1910), son of the patron of J. M. W. Turner, Benjamin Godfrey Windus (1790-1867), as partner. Chatto & Windus published Mark Twain, W. S. Gilbert, Wilkie Collins, H. G. Wells, Wyndham Lewis, Richard Aldington, Frederick Rolfe (as Fr. Rolfe), Aldous Huxley, Samuel Beckett, the "unfinished" novel ''Weir of Hermiston'' (1896) by R ...
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Lombard Street, London
Lombard Street () is a street notable for its connections with the City of London's merchant, banking and insurance industries, stretching back to medieval times. From Bank junction, where nine streets converge by the Bank of England, Lombard Street runs southeast for a short distance before bearing left into a more easterly direction, and terminates at a junction with Gracechurch Street and Fenchurch Street. Its overall length is . It has often been compared with Wall Street in New York City. Description Lombard Street, since the construction of King William Street, has two distinct sections. The short section between Bank junction and the church of St Mary Woolnoth is relatively wide, and carries two-way traffic including several bus routes, which continues along King William Street. Lombard Street bears to the east and the remainder is much narrower (retaining its medieval character) and is one-way. At the eastern end of the street, there are a number of modern buildings ...
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Alexander Nix
Alexander James Ashburner Nix (born 1 May 1975) is a British businessman, the former CEO of Cambridge Analytica and a former director of the Strategic Communication Laboratories (SCL) Group, a behavioural research and strategic communications consultancy, leading its elections division (SCL Elections). Cambridge Analytica and its parent SCL were involved in psychological warfare operations for the British military and involved in influencing hundreds of elections globally; Cambridge Analytica helped Leave.EU with its Brexit campaign, according to both Leave.EU and Cambridge Analytica staff. The company was also engaged by the Ted Cruz and Donald Trump campaigns during the 2016 US presidential election. The company also ran Kenyan President Uhuru Kenyatta's campaign. A member of the Ashburner-Nix family of Crawley, Nix grew up in Notting Hill, attended Eton and studied art history. Nix started his career as a financial analyst with Baring Securities in Mexico before moving to ...
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Bankers' Clearing House
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system. This process is called the clearing cycle and normally results in a credit to the account at the bank of deposit, and an equivalent debit to the account at the bank on which it was drawn, with a corresponding adjustment of accounts of the banks themselves. If there are not enough funds in the account when the cheque arrived at the issuing bank, the cheque would be returned as a dishonoured cheque marked as non-sufficient funds. History England Cheques came into use in England in the 1600s. The person to whom the cheque was drawn (the "payee") could go to the drawer's bank ("the issuing bank") and present the cheque and ...
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Parr's Bank
Parr's Bank Limited was a bank that existed from 1782 to 1918. It was founded as Parr & Co. in Warrington, then in the county of Lancashire in the United Kingdom. In 1918 it was acquired by London County and Westminster Bank, and it was thus one of the predecessors of NatWest Group. History Writing in 1905, William Howarth described Parr's as "one of the great amalgamating banks in the country" and "a power in the financial world". The bank's history dates back to the late eighteenth century, with a possible starting date of 1782. The first partnership was with Joseph Parr, a sugar boiler, his brother-in-law Matthew Lyon, and Walter Kerfoot, a solicitor. Partnership names changed and the firm was variously known as Parr & Co, and Parr, Lyon; more colloquially it was known as The Warrington Bank.T E Gregory, ''The Westminster Bank, through a century'', Vol. II, (1936) Parr's remained essentially a local bank with offices in Warrington, Runcorn and St Helens until 1865 when it ...
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Warrington
Warrington () is a town and unparished area in the borough of the same name in the ceremonial county of Cheshire, England, on the banks of the River Mersey. It is east of Liverpool, and west of Manchester. The population in 2019 was estimated at 165,456 for the town's urban area, and just over 210,014 for the entire borough, the latter being more than double that of 1968 when it became a new town. Warrington is the largest town in the ceremonial county of Cheshire. In 2011 the unparished area had a population of 58,871. Warrington was founded by the Romans at an important crossing place on the River Mersey. A new settlement was established by the Saxon Wærings. By the Middle Ages, Warrington had emerged as a market town at the lowest bridging point of the river. A local tradition of textile and tool production dates from this time. The town of Warrington (north of the Mersey) is within the boundaries of the historic county of Lancashire and the expansion and urbanisation ...
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London County & Westminster Bank
Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a dormant registered non-trading company until 4 July 2017 when it was dissolved. Considered one of the Big Five, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. History London and Westminster Bank In 1834, the London and Westminster Bank was the first firm founded under the auspices of the Bank Charter Act 1833, which allowed joint-stock banks to be established in the capital. For various reasons, the press, private banking concerns, and the Bank of England were so hostile to the Bank Charter Act that London and Westminster's management was primarily concerned with defending the company's right to exist rather than setting up an extensive branch network. As a result, the bank opened only six London branches in its first three years and no a ...
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NatWest
National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British government currently owns around 48.1%, previously 54.7% of NatWest Group after spending £45 billion ($61.87 billion) bailing out the lender in 2008. NatWest is considered one of the Big Four clearing banks in the UK, and it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour ''Actionline'' telephone and online banking services. Today, it has more than 7.5 million personal customers and 850,000 ...
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Private Banks
Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that specializes in private banking is called a private bank. Private banking is a more exclusive subset of wealth management, geared toward exceptionally affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager. History Private banking is how banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Priva ...
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Organisations Based In The City Of London
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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