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Isle Of Man Bank
The Isle of Man Bank is a bank in the British Crown dependency of the Isle of Man, providing retail, private and business banking services to the local population. Incorporated in 1865, it has operated as a trading name of RBS International since 2019. It is licensed by the Isle of Man Financial Services Authority in respect of deposit taking and investment business and registered as a general insurance intermediary. History The earliest Manx bank began business in 1802 at Bridge House, Castletown. Formed by George Quayle, Mark Quayle, John Taubman and James Kelly, it was also known as the Isle of Man Bank. The company carried on trading until 1818. Founded by Samuel Harris, Henry Noble, William Moore and William Callister, the Isle of Man Banking Co. Ltd. was established at Athol Street, Douglas on 26 October 1865. It was the first limited liability company enrolled on the register following the passage of the Companies Act 1865. The bank was acquired by National Provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1865
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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest Markets
NatWest Markets is the investment banking arm of NatWest Group. It was created from the then RBS Group's corporate and institutional banking division in 2016, as part of a structural reform intended to comply with the requirements of the Financial Services (Banking Reform) Act 2013 and to give the NatWest brand greater prominence. The Act implements the Independent Commission on Banking recommendation that domestic retail banking should be "ring-fenced" from riskier trading activities by 2019. The ring-fenced group, NatWest Holdings, was created at the same time. To give it legal form, The Royal Bank of Scotland was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking licence) was renamed The Royal Bank of Scotland, with Adam and Company continuing as an RBS private banking brand. History The NatWest Markets name was previously used from 1992 to 1997, the remnants of which were absorbed into the Royal Bank of Scotland Group o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In The Isle Of Man ...
List of banks registered on the Isle of Man, based on the list of licensed banking institutions from the Isle of Man Financial Services Authority: References {{Reflist Isle Of Man Banks Banks in the Isle of Man Isle of Man Isle of Man ) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ballasalla
Ballasalla () is a village in the parish of Malew in the south-east of the Isle of Man. The village is situated close to the Isle of Man Airport and north-east of the town of Castletown. History Ballasalla grew up around nearby Rushen Abbey. The abbey was originally for monks of the Congregation of Savigny, but later came under Cistercian control. The abbey was an important centre of knowledge and literacy on the Isle of Man and also of economic importance to the local area as it was also the site of a major annual market. After the dissolution of the monasteries under King Henry VIII, the abbey was dissolved, fell into disrepair and was eventually ruined. Much of stonework from the original abbey structures were used in the construction of new buildings for the village of Ballasalla in the following centuries. Ballasalla was the site of a cotton mill in the late 18th century of which the ruins can still be seen today. The mill was built by Deemster Thomas Moore (1726-179 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Braddan
Braddan ( gv, Braddan) is one of the seventeen parishes of the Isle of Man. It is located on the east of the island (part of the traditional ''South Side'' division) in the sheading of Middle. Administratively, a small part of the historic parish of Braddan is now covered by part of the borough of Douglas, the capital and largest town of the Isle of Man. Other settlements in the parish include Port Soderick, Strang, Tromode and Union Mills. Local government For the purposes of local government, the ''majority'' of the historic parish forms a single parish district with five elected Commissioners: In 1896, a small area in the south-east of the historic parish of Braddan became part of the borough of Douglas, since when it has been governed by a municipal corporation with 18 councillors and an elected mayor. The Captain of the Parish (since 1996) is Thomas Philip Caley. Politics Braddan parish district is part of the Middle constituency, which elects two Members to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ballaugh
Ballaugh ( ; , ) is a small village on the Isle of Man in the parish of the same name, in the sheading of Michael. It is the only village in the parish. The parish adjoins Jurby to the north, Lezayre to the east, Michael to the south and south-west, and the Irish Sea to the west. It stretches about 5 miles or 8 km from north to south: at the extreme southern end it includes part of Sulby Reservoir, and to the west, it includes part of Bishopscourt, the former house of the island's Bishop. History The name 'Ballaugh' derives from the Manx ''Balley ny Loghey'' or "the place of the lake" cognate with loch and lough. The Ballaugh Curraghs is all that remains of this lake. The lake, which measured up to a mile in length, was drained by the excavation about 300 years ago of the silted-up Lhen Trench which, during the last ice age, is believed to have been a meltwater channel flowing north to south from the melting ice front. In 1819 a nearly fully intact skeleton of an Iri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Onchan, Isle Of Man
Onchan (; glv, Kione Droghad) is a village in the parish of Onchan on the Isle of Man. It is at the north end of Douglas Bay. Administratively a district, it has the second largest population of settlements on the island, after Douglas, with which it forms a conurbation. In Manx the name for the village is ''Kione Droghad'' meaning "bridge end". Early history In the 1890s a 5,000-year-old stone age axe was found in the Cassa Field by Onchan wetlands. In the Viking reign Onchan became part of Middle sheading. The name of the village is identified with St Connachan who was Bishop of Sodor and Man in 540 and the church named after him, Kirk Coonachan. An early name for the village is gv, Kiondroghad which literally translated means "bridgehead". The earliest written record of Kiondroghad was in the 1643 Manorial Roll, when it was very small. The name Kiondroghad appeared on the 1841 census but not the one in 1851. The ''Butt'' Gradually the village spread beyond Church Road, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laxey
Laxey ( gv, Laksaa) is a village on the east coast of the Isle of Man. Its name derives from the Old Norse ''Laxa'' meaning 'Salmon River'. Its key distinguishing features are its three working vintage railways and the largest working waterwheel in the world. It is also the location of King Orry's Grave. The village lies on the A2, the main Douglas to Ramsey road, and on the vintage Manx Electric Railway, and Snaefell Mountain Railway. Laxey Glen is one of the Manx National Glens; another glen, Dhoon Glen, is about 1 miles away. The Raad ny Foillan long distance coastal footpath, opened in 1986, runs along the coast of Laxey Bay through the village. History In the 19th century lead and zinc mining began; it became the largest industry in the village, but ended in 1929. The village also had a fishing industry.From a notable Manx fishing family living in Laxey in 1800s, Robert Lawson lived with his family in "Sea Villa" on the promenade. He converted this property from a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kirk Michael, Isle Of Man
Michael ( gv, Maayl) is one of the six sheadings of the Isle of Man. It is located on the west of the island (part of the traditional ''North Side'' division) and consists of the three historic parishes of Ballaugh, Jurby and Michael. Historic parish Michael ( gv, Maayl) is one of the seventeen historic parishes of the Isle of Man. It is located on the west of the island (part of the traditional ''North Side'' division) in the sheading of Michael. Other settlements in the parish include Barregarrow. Local government For the purposes of local government, the whole of the historic parish forms a single district with Commissioners. The district of Michael was formed in 1989 by the re-amalgamation of two local authority areas, Michael village and the larger rural area of Michael parish. These two local authority areas had been separated from one another in 1905. The Captain of the Parish (since 1970) is John James Martin Cannell. Politics Michael parish is part of the Ayre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Erin, Isle Of Man
Port Erin ( gv, Purt Çhiarn, meaning ''lord's port'') is a seaside village in the south-west of the Isle of Man, in the historic parish of Rushen. It was previously a seaside resort before the decline of the tourist trade. Administratively it is designated as a village district, with its own board of commissioners. The district covers around 1 square mile, and is adjacent to: Port St Mary to the south-east; the main part of Arbory and Rushen parish district to the north and east; the sea to the west; and an exclave of Arbory and Rushen parish district (including the village of Cregneash) to the south. Following recent residential expansion, the settlement is now contiguous with that of Port St Mary, and on 18 July 2018 Tynwald authorised a public enquiry into the proposed expansion of the district boundary to include some of this expansion. The village was twinned with Latour-de-France. Demographics * Population (2011 census) 3,530 * Adjacent village: Port St Mary * Largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
