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National Bank (Ireland)
Williams & Glyn's Bank Limited was established in London in 1970, when the Royal Bank of Scotland merged its two subsidiaries in England and Wales, Williams Deacon's Bank Ltd. and Glyn, Mills & Co. In 1985, Williams & Glyn's was fully absorbed into the Royal Bank of Scotland and ceased to trade separately. The Royal Bank of Scotland Group was renamed NatWest Group in 2020. History Williams Deacon's Bank and the Manchester & Salford Bank The London private bank of Williams Deacon & Co can date its history back to 1771 when the partnership of Raymond, Williams, Vere, Lowe and Fletcher was first recorded. It ceased payment in 1825 and was reconstituted with different shareholders as Williams, Deacon, Labouchere & Co, before finally becoming Williams Deacon in 1882. It was acquired by the Manchester & Salford Bank in 1890.A H Allman et al, ''Williams Deacon’s 1771-1970'' (1971) The Manchester & Salford Bank was founded in 1836 as a joint stock bank and became a substantial fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holt & Co
Holt or holte may refer to: Natural world *Holt (den), an otter den * Holt, an area of woodland Places Australia * Holt, Australian Capital Territory * Division of Holt, an electoral district in the Australian House of Representatives in Victoria Canada *Holt, Ontario, a hamlet Denmark *Holte, a town in Rudersdal municipality, Copenhagen county Germany * Holt, Germany, a municipality in Schleswig-Holstein Iceland *Holt (Akureyri), a residence in Sandgerðisbót Akureyri *Skálholt, the first bishopric of medieval Iceland and the site of a cathedral The Netherlands * Holt, Overijssel, a town in Overijssel Norway * Holt, Aust-Agder, a former municipality in Aust-Agder county, Norway (now a part of Tvedestrand municipality) Romania * Holt, a village in Letea Veche Commune, Bacău County United Kingdom *Holt, Dorset ** Holt Heath, Dorset *Holt End, Hampshire *Holt Town, Manchester *Holt, Norfolk **Holt (North Norfolk Railway) railway station **Holt railway station, a clos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hostile Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Westminster Bank
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Bank Of Scotland 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Economic Community
The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the first pillar of the newly formed European Union in 1993. In the popular language, however, the singular ''European Community'' was sometimes inaccuratelly used in the wider sense of the plural '' European Communities'', in spite of the latter designation covering all the three constituent entities of the first pillar. In 2009, the EC formally ceased to exist and its institutions were directly absorbed by the EU. This made the Union the formal successor institution of the Community. The Community's initial aim was to bring about economic integration, including a common market an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inter-Alpha Group Of Banks
The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence. It was one of the banking clubs set up during the 1960s and 1970s when a number of European banks attempted to cooperate at an international level. Function The group's function has evolved to: * Provide a platform for the regular exchange of ideas at the executive and senior management level * Allow specialists to meet and discuss topics of particular interest * Establish areas of cooperation, particularly in international trade * Train bank management through annual Inter-Alpha Banking School and annual Inter-Alpha Banking Management Programme at INSEAD at Fontainebleau near Paris * Create a framework for individual banks within th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank Of Scotland
The Commercial Bank of Scotland Ltd. was a Scottish commercial bank. It was founded in Edinburgh in 1810, and obtained a royal charter in 1831. It grew substantially through the 19th and early 20th centuries, until 1958, when it merged with the National Bank of Scotland to become the National Commercial Bank of Scotland. Ten years later the National Commercial Bank merged with the Royal Bank of Scotland. History Formation The Commercial Bank of Scotland was formed in 1810 in response to public dissatisfaction with the three charter banks (Bank of Scotland, British Linen Bank and The Royal Bank of Scotland}: "it was felt by many of the Scottish people that the three old Banks had become too…devoted to their own interests…to be the real promoters of the general good."James Anderson, ''The Story of the Commercial Bank of Scotland'' (1910) Checkland argued that the project was "without precedent" for the proposed joint stock company relied not on a restricted group of wealth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Scotland
The National Bank of Scotland was founded as a joint stock bank in 1825. Based in Edinburgh, it had established a network of 137 branches at the end of its first hundred years. In 1918 the bank was bought by Lloyds Bank, although it continued to operate as an independent institution until 1959, when it merged with the Commercial Bank of Scotland to become the National Commercial Bank of Scotland. Ten years later the National Commercial Bank merged with the Royal Bank of Scotland. The First Hundred Years In December 1824, the National Bank of Scotland announced that funds had been raised for the formation of a new bank in Edinburgh. Almost immediately it was followed by advertisements from the Scottish Union Banking Company and the Scottish Union Commercial Banking Company stating that they were to follow suit. Negotiations followed whereby the promoters of the latter two banks agreed to join in with the promoters of the National Bank. In March 1825 the National Bank was formal ... [...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] |
Northern Bank
Northern Bank Limited T/A Danske Bank is a retail bank in Northern Ireland. Northern Bank is one of the oldest banks in Ireland having been formed in 1809, and forms part of one of the Big Four banks in Ireland. Northern Bank took on the name of its parent company Danske Bank as its trading name in November 2012. It is a leading bank in Northern Ireland and a growing bank in Great Britain. In Northern Ireland the Bank issues its own banknotes. Danske Bank is a standalone business unit within the Danske Bank Group and operates under a UK banking licence. History Northern Bank was founded in Belfast in 1809 as the Northern Banking Partnership. Those partners were Belfast merchants John Hamilton, Hugh Montgomery, James Orr and John Sloan. In 1824 it became a Joint Stock bank called The Northern Bank Ltd. The bank expanded across Ireland, opening its first branch in the south in 1840. In 1965, the Northern Banking Company Limited was acquired by the Midland Bank, a London-based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Irish Bank
Danske Bank, formerly known as the National Irish Bank, is a bank operating in the Republic of Ireland. The bank is a subsidiary of the Danske Bank Group which is headquartered in Copenhagen. Danske Bank is organised in three business units – Personal Banking, Business Banking and Corporates & Institutions – that span all of the Group's geographical markets. Since November 2012, all of the Group's banking activities have been gathered under the Danske Bank brand name. The group's websites were brought fully into alignment with the new organisation at the same time. History National Irish Bank was originally the Republic of Ireland branch network of Northern Bank, one of the oldest banks in Ireland, having been founded as a private partnership in 1809, converting to a joint stock entity in 1824. National Irish Bank was created as a separate entity in 1986, at first under the name Northern Bank (Ireland) Limited, when its owners, UK-based Midland Bank, separated Northern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
