Lloyds And National Provincial Foreign Bank
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Lloyds And National Provincial Foreign Bank
Lloyds and National Provincial Foreign Bank Limited was a joint venture in France between London-based Lloyds Bank and National Provincial Bank, which existed from 1917 to 1955. History Lloyds Bank (France) Limited was established in 1911, following the acquisition of Paris bankers, Armstrong & Co, the agent of various English banks. In 1917, National Provincial Bank of England acquired a 50 per cent shareholding in the French operation, which became Lloyds Bank (France) and National Provincial Bank (France) Limited until it was renamed Lloyds and National Provincial Foreign Bank Limited in 1919. The bank's branches were run by locals during the occupation and the German administration exercised a considerable amount of control over policy after 1942. However, the Geneva branch remained under the control of London throughout the war and assisted the Allied war effort by the purchase of German, Italian and French notes for the British Legation to be used by British Secret Service ...
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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 ...
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Lloyds Bank International
Lloyds Bank International is a wholly owned subsidiary of Lloyds Bank Corporate Markets in the United Kingdom, which is in turn part of Lloyds Banking Group, one of the largest banking groups in Europe. Lloyds Bank's overseas expansion began in 1911 and the Lloyds Bank International name, historically a major international commercial bank, is now used for the group's offshore banking interests. Present operations Lloyds TSB Offshore Lloyds TSB Offshore was formed in Jersey in 2004, with branches in Guernsey and the Isle of Man. In 2013, Lloyds TSB Offshore, incorporating the former Bank of Scotland International, was renamed Lloyds Bank International. At the same time, Lloyds TSB Bank (Gibraltar), which also traded as Lloyds Bank International, became Lloyds Bank (Gibraltar). In 2014, the Swiss wealth management bank, Union Bancaire Privee, bought Lloyds Banking Group’s non-UK private banking businesses in Monaco and Gibraltar. In 2015, Lloyds Bank International employed ...
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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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National Provincial Bank
National Provincial Bank was a British retail bank which operated in England and Wales from 1833 until 1970 when it was merged into the National Westminster Bank. It continued to exist as a dormant non-trading company until 2016 when it was voluntarily struck off the register and dissolved. Considered one of the "Big Five," the National Provincial Bank expanded during the 19th and 20th centuries and took over a number of smaller banking companies. For most of its history it was based on Bishopsgate, at the thoroughfare's junction with Threadneedle Street, in London. It is possible to still see evidence of this bank at Waterloo Station in London, where the logo has been removed but the outline of the words remain. History National Provincial Bank of England The National Provincial Bank played a unique role in the development of commercial banking. Prior to the Act of 1826, English banks were permitted to have no more than six partners – hence the expression "private banks ...
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Secret Intelligence Service
The Secret Intelligence Service (SIS), commonly known as MI6 ( Military Intelligence, Section 6), is the foreign intelligence service of the United Kingdom, tasked mainly with the covert overseas collection and analysis of human intelligence in support of the UK's national security. SIS is one of the British intelligence agencies and the Chief of the Secret Intelligence Service ("C") is directly accountable to the Foreign Secretary. Formed in 1909 as the foreign section of the Secret Service Bureau, the section grew greatly during the First World War officially adopting its current name around 1920. The name "MI6" (meaning Military Intelligence, Section 6) originated as a convenient label during the Second World War, when SIS was known by many names. It is still commonly used today. The existence of SIS was not officially acknowledged until 1994. That year the Intelligence Services Act 1994 (ISA) was introduced to Parliament, to place the organisation on a statutory footin ...
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Bank Of London And South America
The Bank of London and South America Limited (BOLSA; es, Banco de Londres y América del Sur, also known simply as ''Banco de Londres'') was a British bank, which operated in South America between 1923 and 1971. Origins The bank's predecessor was incorporated in England on 27 September 1862 as the London, Buenos Ayres and River Plate Bank (''Banco de Londres, Buenos Ayres y Río de la Plata''), originally to operate in Buenos Aires. The bank soon opened branches elsewhere in Argentina, and it changed its name in 1865 to the London and River Plate Bank (''Banco de Londres y Río de la Plata''). The bank expanded over the years to have operations in Uruguay, Brazil and Chile. In 1918, it was acquired by Lloyds Bank Limited. In 1923, Lloyds Bank brought about a merger with the separately owned London and Brazilian Bank, to prevent the two banks being in direct competition with each other. The merged bank was renamed as the Bank of London and South America (BOLSA). Lloyds retaine ...
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International Westminster Bank
International Westminster Bank was a wholly-owned subsidiary of National Westminster Bank and its predecessors from 1913 to 1989, with branches in London, France, Spain and West Germany. At the peak of its operations during the 1980s, the bank had a multibillion-pound deposit base, principally through its London office, which administered the commercial loan and deposit book on behalf of National Westminster Bank's International Division. As such, it engaged in wholesale fixed-term deposits with other banks, corporates and some individual private customers; it accepted short term and medium deposits (up to 12 months) against issuance of its own dollar and sterling-denominated certificates of deposit (CDs); and it administered commercial loans to corporate clients and sovereign governments. History The bank was formed as London County and Westminster Bank (Paris) Limited in 1913. It was renamed London County Westminster and Parr's Foreign Bank Limited in 1920 and shortened to W ...
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RBS International
The Royal Bank of Scotland International, trading under the NatWest International (retail), RBS International (institutional), Coutts Crown Dependencies (wealth management) and Isle of Man Bank brands, is the offshore banking arm of NatWest Group. It provides a range of services to personal, business, commercial, corporate and financial intermediary customers from its base in St. Helier, Jersey. History Royal Bank of Scotland The Royal Bank of Scotland first began offering services to customers in offshore jurisdictions through Williams Deacon Bank, its London and Manchester-based subsidiary, in 1963. RBS International was founded as Williams Deacons Investment and Finance Limited in 1966, becoming Williams & Glyn's Bank Investments (Jersey) Limited in 1970, Williams & Glyn's Bank (Jersey) Limited in 1982 and The Royal Bank of Scotland (Jersey) Limited in 1985, before adopting the present name in 2003. The Royal Bank of Scotland International was first registered as a tradin ...
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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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NatWest Group
NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster Bank, Royal Bank of Scotland, NatWest Markets and Coutts. The group issues banknotes in Scotland and Northern Ireland; , the Royal Bank of Scotland was the only bank in the UK to still print £1 notes. Before the 2008 collapse and the general financial crisis, the Group was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion) an ...
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Banks Established In 1917
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 1955
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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