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OneSavings Bank
Kent Reliance is a banking services provider and trading name of OneSavings Bank plc, based in Kent, England. It was founded in 1898 as the Chatham & District Reliance Building Society, changing its name to the Kent Reliance Building Society in 1986 following the merger with the Herne Bay Building Society. On 1 February 2011, Kent Reliance Building Society transferred its business to a new bank, OneSavings Bank plc, following the purchase of a stake in its business by private equity firm JC Flowers. OneSavings Bank plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is a specialist lending and retail savings group authorised by the Prudential Regulation Authority (United Kingdom), Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. It operates through specialist brokers and independent financial advisors in sub-sectors of the lending market. These ...
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Trading As
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market (economics), market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or Earnings, earning. The History of money#Emergence of money, invention of money (and letter of credit (finance), credit, paper money, and digital currency, non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and grou ...
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Gillingham, Kent
Gillingham ( ) is a large town in the unitary authority area of Medway in the ceremonial county of Kent, England. The town forms a conurbation with neighbouring towns Chatham, Rochester, Strood and Rainham. It is also the largest town in the borough of Medway. Etymology The town's name is pronounced with a soft 'g' (as in 'ginger'), compared to the hard 'g' (as in 'girl') used for Gillingham, Dorset and Gillingham, Norfolk. In some older texts it is referred to as ''Jillyingham Water''. The name probably originates from the Gylling næs in Jutland. The suffix ''-ingas'' is the Latinized version of ''inge,'' an ethnonym for the Ingaevones. The suffix ''-ham'' is the Old English for "homestead, village, manor or estate." The suffix ''-hamm'' is the Old English for enclosure, land hemmed by water or marsh or higher ground, land in a riverbend, river­meadow or promontory". Both appear as ''-ham'' in modern place-names. Attributions to a personal name ''Gilla'' are examples of ...
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Kent County Football Association
The Kent County Football Association, known as ''Kent FA'', is the governing body of football in the county of Kent, England, and was formed in 1881. The Kent FA run over 20 County Cups at different levels of football for affiliated teams across Kent. History The Kent County FA was formed in October 1881 by two friends – M.P, Betts (Secretary) and G.W. Prall (Treasurer). Over the next few years, matters became more formalised. Mr A.G.O Kennedy was appointed secretary in 1888, and he made a great difference in creating a proper structure for football. He was taken ill in 1892 and died in December of that year. From Mr. Kennedy’s base P.J. Leckie became secretary and served until 1986 and was succeeded by J Albert, who served until 1905. During that time the association made great strides forward, reaching a total of 297 clubs and 41 leagues. In 1905 the gate receipts from the Kent Senior Cup Final amounted to £233. In 1905 J. Albert relinquished his position as secretary thr ...
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Smith & Williamson
Smith & Williamson was a United Kingdom financial and professional services firm. It was acquired by wealth manager, Tilney, in 2019 and the enlarged firm was rebranded as Evelyn Partners in 2022. History Smith & Williamson was founded by David Johnstone Smith and Andrew Williamson in Glasgow in 1881. The first London office was opened in 1893. Smith & Williamson has had a number of mergers. The first merger was with NCL (Securities) Limited, an investment manager, in 2002. Its second merger was with Solomon Hare, a private accounting firm in UK, in 2005. In 2018 Smith & Williamson merged with LHM Casey McGrath in Dublin. In September 2020, the company announced it had completed its merger with the Tilney group. As of then, no changes to existing operations had been announced. In February 2022 the merged company Tilney Smith & Williamson, owned by private equity funds Permira and Warburg Pincus, was re-branded as Evelyn Partners. In May 2022, the company announced the acquisit ...
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Charter Court Financial Services
Charter Court Financial Services Group plc (Charter Court) is a financial institution, financial services company operating in the United Kingdom, which provides savings bank, retail savings products, loan, specialist mortgage products, mortgage administration services and credit analysis. Charter Court operates via three separate specialist brands: Charter Savings Bank for retail savings, Precise Mortgages for specialist mortgages and Exact Mortgage Experts for credit analysis and servicing of existing mortgage portfolios. Charter Court is authorised by the Prudential Regulation Authority (United Kingdom), Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority in the United Kingdom. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by OneSavings Bank in October 2019. History The company was established with long term investment provided by Elliott Associates LP and Elliott ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Kent Reliance Provident Society
Kent Reliance Provident Society (KRPS) was an industrial and provident society in the United Kingdom, formed as part of the transfer in 2011 of Kent Reliance, Kent Reliance Building Society's business to OneSavings Bank plc (OSB). The membership of the former building society was transferred to KRPS while OSB, trading as Kent Reliance, krbs and Kent Reliance Banking Services, continued the banking activities. OSB subsequently combined with Charter Court Financial Services in 2020 to forOSB Groupsup>1. Due to the fact that the Society had evolved significantly from its original conception, at the Annual General Meeting on 26 July 2022 the members agreed a proposal to wind up the Society2. Its assets to be transferred into a new charity, the ‘Kent Reliance Community Foundation Limited’. As a result of this decision it is no longer possible to apply to become a member of KRPS. References Co-operatives in the United Kingdom 1.Combination witCharter Court Financial Services 2 ...
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OneSavings
Kent Reliance is a banking services provider and trading name of OneSavings Bank plc, based in Kent, England. It was founded in 1898 as the Chatham & District Reliance Building Society, changing its name to the Kent Reliance Building Society in 1986 following the merger with the Herne Bay Building Society. On 1 February 2011, Kent Reliance Building Society transferred its business to a new bank, OneSavings Bank plc, following the purchase of a stake in its business by private equity firm JC Flowers. OneSavings Bank plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is a specialist lending and retail savings group authorised by the Prudential Regulation Authority (United Kingdom), Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. It operates through specialist brokers and independent financial advisors in sub-sectors of the lending market. These ...
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ...
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One Savings Bank Logo
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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Grindlays Bank
The historic overseas bank was established in London in 1828 as Leslie & Grindlay, agents and bankers to the British army and business community in India. Banking operations expanded to include the Indian subcontinent, the Middle East and elements of Africa and Southeast Asia. It was styled Grindlay, Christian & Matthews in 1839, Grindlay & Co from 1843, Grindlay & Co Ltd from 1924 and Grindlays Bank Ltd in 1947 until its merger with the National Bank of India. The National Bank of India was formed in 1863 and became one of the larger London overseas banks operating not only in the Indian sub-continent but in communities around the Indian Ocean. In 1948 it purchased the smaller Grindlays Bank Ltd, renaming itself National and Grindlays Bank Ltd some ten years later.Geoffrey Tyson, 100 Years of Banking in Asia and Africa, (1963) Following further acquisitions, its name was shortened to Grindlays Bank in 1974. Grindlays was taken over by Australia and New Zealand Banking Group i ...
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Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of ...
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