|
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehman Brothers
Lehman Brothers Inc. ( ) was an American global financial services firm founded in 1850. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, equity, fixed-income and derivatives sales and trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehman's involvement in the subprime mortgage crisis and its exposure to less liquid assets. Lehman's bankruptcy filing is the largest in US history, having ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Woolwich
The Woolwich Equitable Building Society (later Woolwich Building Society or The Woolwich) was founded in Woolwich in 1847 and remained a local institution until after WWI when it began a modest regional expansion. This accelerated after WWII and the period from 1960 was notable for its acquisitions. Following deregulation, the Society diversified and became one of the largest national building societies. In 1997 it demutualised and became Woolwich PLC. The company was listed on the London Stock Exchange. It was once a constituent of the FTSE 100 Index but was acquired by Barclays in 2000. History Early history The origins of the Woolwich lay in an earlier terminating society, based in the local Castle Inn and chaired by the publican. In 1847 a breakaway group met to form the Woolwich Equitable Benefit Building and Investment Society (later reduced to the Woolwich Equitable Building Society). That the active founders of the new society included the pastor of the Salem Chap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Churchill Place
One Churchill Place is a , 32-storey skyscraper in Canary Wharf and is located in the London Borough of Tower Hamlets, serving as the headquarters of Barclays Bank. The building is the 13th-tallest office block in the United Kingdom and the sixth tallest building in the Docklands. The building was formally opened in June 2005 by the Chairman of Barclays, Matthew Barrett (banker), Matthew Barrett, and merged Barclays offices across London into one building. The former corporate HQ was at 54 Lombard Street, London, Lombard Street in the City of London. Barclays occupies 100% of the building; floors 18–20 were previously leased to BGC Partners/Cantor Fitzgerald. Several floors were previously occupied by the Olympic Delivery Teams prior to 2012, and a portion of level 17 was occupied by the Metropolitan Police. Construction The building was designed by Hellmuth, Obata and Kassabaum, HOK International and constructed by Canary Wharf Contractors.' – Emporis, 15 December 2002. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Backhouse's Bank
Backhouse's Bank of Darlington (James & Jonathan Backhouse and Co., from 1798 Jonathan Backhouse and Co.) was founded in 1774 by James Backhouse (1720-1798), a wealthy Quaker flax dresser and linen manufacturer, and his sons Jonathan (1747-1826) and James (1757-1804). Jonathan Backhouse succeeded his father as senior partner, and was in turn succeeded by his son, also named Jonathan (1779-1842), his grandson Edmund Backhouse, M.P. for Darlington, and his great-grandson Sir Jonathan Edmund Backhouse Bt. Under Sir Jonathan's management Backhouse's Bank merged in 1896 with Gurney's Bank of Norwich and Barclays of London and others to form what is now Barclays Bank. History Originally James Backhouse offered banking services as a sideline to the linen business, before he established a separate banking business. The bank was well placed to serve the increasing capital requirements of industrial development in the North of England. Though not related to the Southern Quaker bankin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gurney's Bank
Gurney's bank was a family-run bank founded by members of the Gurney family in 1770 and headquartered in Norwich, England. It merged into Barclays Bank in 1896. History The bank was founded in 1770 by John and Henry Gurney, sons of John Gurney (1688–1741), who passed the business to Henry's son, Bartlett Gurney, in 1777. The bank was founded in what is now known as ''Bank Plain'' (formerly Redwell Street). The Quaker Gurneys were renowned for their honesty, reliability, and fair dealings — so people entrusted them their money for safe keeping. About 1777, Alderman Poole, a wine merchant, sold Bartlett Gurney premises near to the red well, and Gurney installed safes for bullion. A junior clerk slept on the trapdoor to the vaults to safeguard the valuables. The bank issued its own notes. A bull mastiff (complete with brass collar) stood on guard inside the doors at the Bank Plain premises, and there was always a blunderbuss at the ready. Bartlett Gurney died in 1802, witho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canary Wharf
Canary Wharf is a financial area of London, England, located in the Isle of Dogs in the London Borough of Tower Hamlets. The Greater London Authority defines it as part of London's central business district, alongside Central London. Alongside the City of London and the West End of London, West End, it constitutes one of the main financial centres in the United Kingdom and the world, containing many major global companies and banks' headquarters and high-rise buildings, including the List of tallest buildings in the UK, third-tallest in the UK, One Canada Square. Developed on the site of the former West India Docks in East London, Canary Wharf contains around of office and retail space. It has many open areas and gardens, including Canada Square, Cabot Square, Westferry Circus, Jubilee Park, and Crossrail Place Roof Garden. Together with Heron Quays and Wood Wharf, it forms the Canary Wharf Estate, around in area. History Canary Wharf is located on the West India Docks on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Linen Bank
The British Linen Bank was a commercial bank based in the United Kingdom. It was acquired by the Bank of Scotland in 1969 and served as the establishment's merchant bank arm from 1977 until 1999. History Foundation The Edinburgh-based British Linen was "the only British bank to be formed on the basis of an industrial charter" and, as the name suggests, its roots lay in the Scottish linen industry. The original driving force behind the formation of the British Linen Company (as it was first named) was Andrew Fletcher, Lord Milton. He was a lawyer landowner, had been active in the promotion of the Royal Bank of Scotland and, according to Checkland, "from 1735 to 1766 he was the most important man in the politics of Scotland." He had helped establish the Board of Manufactures, Board of Trustees for Fisheries and Manufactures in Scotland and was the chairman of the board's Linen Committee. In 1727 he had been instrumental in the formation of the Edinburgh Linen Co-Partnery and in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes RAS syndrome, redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are Independent ATM deployer, not operated by a financial institution are known as "White-label ABMs, white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goslings Bank
Goslings Bank was a historical English private bank, located since at least 1743 at No. 19 Fleet Street, London, and identified to customers by a hanging signboard depicting three squirrels. History The bank originated in the business of Henry Pinckney, a goldsmith-banker who began trading in about 1650 at the sign of the Three Squirrels. The business passed through various hands until it came under the sole ownership of Thomas Ward, following the death of his partner in 1742. Ward brought in Sir Francis Gosling only for he (Ward) to die the following year. Ward's replacement was Samael Bennett, a prominent East India merchant who brought valuable Indian business. On Bennett's retirement, George Clive, a relative of Lord Clive, became a partner, the name of the firm changing to Gosling, Gosling and Clive. George Clive died in 1779 and more Goslings joined the partnership, the firm being known as Messrs Gosling for some years.Matthews, P W & Tuke, A W, ''History of Barclays Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange. History The index started on 3 January 1984, having been constructed by the London Stock Exchange to better reflect activity on the market. The index would replace the Financial Times' own FT 30 after its public unveiling on 14 February. As late as 10 February, the Stock Exchange referred to the index as 'SE 100', cutting out the Financial Times who had not contributed to its construction. Recognition was ultimately given to the fact that having the FT involved in the official launch possessed value. The new index allowed the Stock Exchange's own London Traded Options Market (LTOM) to launch an options contract derived from the FTSE's real-time data in May 1984, while competitors LIFFE were quick to coinci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Bank
A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and asset management, trading, underwriting, researching as well as financial advisory. The concept is most relevant in the United Kingdom and the United States, where historically there was a distinction drawn between pure investment banks and commercial banks. In the US, this was a result of the Glass–Steagall Act of 1933. In both countries, however, since the 1980s the regulatory barrier to the combination of investment banks and commercial banks has largely been removed, and a number of universal banks have emerged in both jurisdictions. In other countries, the concept is less relevant as there was no regulatory distinction between inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
