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Natwest Tower
Tower 42, commonly known as the NatWest Tower, is a skyscraper in the City of London. It is the fifth-tallest tower in the City of London, having been overtaken as the tallest in 2010 by the Heron Tower. It is the fifteenth- tallest in London overall. Its original name was the National Westminster Tower, having been built to house NatWest's international headquarters. Seen from above, the shape of the tower resembles that of the NatWest logo (three chevrons in a hexagonal arrangement). The tower, designed by Richard Seifert and engineered by Pell Frischmann, is located at 25 Old Broad Street in the ward of Cornhill. It was built by John Mowlem & Co between 1971 and 1980, first occupied in 1980, and formally opened on 11 June 1981 by Queen Elizabeth II. The construction cost was £72 million (approximately £ in ). It is high, which made it the tallest building in the United Kingdom until the topping out of One Canada Square at Canary Wharf in 1990. It was the tallest bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Topping Out
In building construction, topping out (sometimes referred to as topping off) is a builders' rite traditionally held when the last beam (or its equivalent) is placed atop a structure during its construction. Nowadays, the ceremony is often parlayed into a media event for public relations purposes. It has since come to mean more generally finishing the structure of the building, whether there is a ceremony or not. Also commonly used to determine the amount of wind on the top of the structure. History The practice of "topping out" a new building can be traced to the ancient Scandinavian religious rite of placing a tree atop a new building to appease the tree-dwelling spirits displaced in its construction. Long an important component of timber frame building, it migrated initially to England and Northern Europe, thence to the Americas. A tree or leafy branch is placed on the topmost wood or iron beam, often with flags and streamers tied to it. A toast is usually drunk and sometimes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sky Lobby
A sky lobby is an intermediate interchange floor in a skyscraper where people can change from an express elevator that stops only at the sky lobby to a local elevator that stops at a subset of higher floors. When designing supertall buildings, supplying enough elevators is a problem – travellers wanting to reach a specific higher floor may conceivably have to stop at a very large number of other floors on the way up to let other passengers off and on. This increases travel time, and indirectly requires many more elevator shafts to still allow acceptable travel times – thus reducing effective floor space on each floor for ''all'' levels. The other main technique to increase capacity without adding elevator shafts is double-deck elevators. Early uses of the sky lobby include the original Twin Towers of the World Trade Center and 875 North Michigan Avenue in Chicago. Nearly 200 people were estimated to have been in the 78th floor sky lobby of the South Tower of the origina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Westminster Bank Ltd
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Bang (financial Markets)
The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986. History Big Bang was the result of an agreement in 1983 by the Thatcher government and the London Stock Exchange to settle a wide-ranging antitrust case that had been initiated during the previous government by the Office of Fair Trading against the London Stock Exchange under the Restrictive Trade Practices Act 1956. These restrictive practices included the London Stock Exchange's rules establishing fixed minimum commissions, the "single capacity" rule (which enforced a separation between brokers acting as agents for their clients on commission and jobbers who made the markets and theoretically provided l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantilever
A cantilever is a rigid structural element that extends horizontally and is supported at only one end. Typically it extends from a flat vertical surface such as a wall, to which it must be firmly attached. Like other structural elements, a cantilever can be formed as a beam, plate, truss, or slab. When subjected to a structural load at its far, unsupported end, the cantilever carries the load to the support where it applies a shear stress and a bending moment. Cantilever construction allows overhanging structures without additional support. In bridges, towers, and buildings Cantilevers are widely found in construction, notably in cantilever bridges and balconies (see corbel). In cantilever bridges, the cantilevers are usually built as pairs, with each cantilever used to support one end of a central section. The Forth Bridge in Scotland is an example of a cantilever truss bridge. A cantilever in a traditionally timber framed building is called a jetty or forebay. In the southe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank And Royal Exchange C1974 - Geograph
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westminster Bank, London
The Gibson Hall is a Grade I listed building at 13 Bishopsgate in the City of London. Previously known as National Westminster Hall, the building is named after its architect, John Gibson. Built of Portland stone in the classical style with engaged Corinthian columns, the building was commissioned as a new head office by the directors of the National Provincial Bank of England and completed in 1865. Opening in 1866, there were only 4 arched bays and just seven figures stood atop. The additional 2 bay extension and rooftop figures, Shipbuilding and Mining, were added in 1878, relocating the figure for London so that it remained at the corner of the then newly extended building. The exterior elevation features eight panels of allegorical scenes in high relief representing the achievements of mankind: the Arts, Commerce, Science, Manufactures, Agriculture, Navigation, Shipbuilding and Mining. Standing figures along the roof line represent various important cities in which the bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Gibson (architect)
John Gibson (2 June 1817 – 23 December 1892) was an English architect born at Castle Bromwich, Warwickshire. Life Gibson was an assistant to Sir Charles Barry and assisted him in the drawings of the Houses of Parliament. Gibson was a prominent bank architect at a time when joint-stock banking was an innovation. His 1847 National Bank of Scotland branch in Glasgow led to perhaps his best-known work, the former National Provincial Bank in Bishopsgate, London, designed in 1862. It was Listed building, listed Grade I in 1950 and is now known as Westminster Bank, London, Gibson Hall. Gibson also designed Todmorden Town Hall which opened in 1875. He also designed Dobroyd Castle in Todmorden and Todmorden Unitarian Church. Gibson is responsible for several churches in and around North Wales, but perhaps his most notable church is St Margaret's in Bodelwyddan, Denbighshire, more popularly known as the Marble Church, Bodelwyddan, consecrated in 1860. The church is a prominent landma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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