Naval Bank, Plymouth
The Naval Bank was established as a private banking partnership in Plymouth, Devonshire, in 1774. It had branches in Devon at Dartmouth, Newton Abbot, Totnes, Ivybridge, Modbury, Paignton, Saltash, Stonehouse, Mutley, Devonport, Kingsbridge, Yealmpton and South Brent.{{cite web, url=https://archiveshub.jisc.ac.uk/search/archives/a5f9d032-2b26-3431-a482-f26a83577995, title=Harris, Bulteel & Company records, website=Archives Hub, accessdate=2017-08-05 In 1914 the bank became insolvent, having notoriously attempted to defraud its customers, and was acquired by Lloyds Bank.Lloyds Banking Group Archives (London), Ref:GB 386 A/52 History 1845/6 In 1845/6 the partnership was called "Harris, Mudge & Co.", the partners being: *Harry Bulteel Harris of Radford, Plymstock Radford in the parish of Plymstock in Devon is a historic manor and the oldest recorded seat of the prominent Harris family. It is today a low-cost housing suburb of the City of Plymouth. The 16th century manor house o ...
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Plymouth
Plymouth ( ) is a port city status in the United Kingdom, city and unitary authority in Devon, South West England. It is located on Devon's south coast between the rivers River Plym, Plym and River Tamar, Tamar, about southwest of Exeter and southwest of London. It is the most populous city in Devon. Plymouth's history extends back to the Bronze Age, evolving from a trading post at Mount Batten into the thriving market town of Sutton, which was formally re-named as Plymouth in 1439 when it was made a borough status in the United Kingdom, borough. The settlement has played a significant role in English history, notably in 1588 when an English fleet based here defeated the Spanish Armada, and in 1620 as the departure point for the Pilgrim Fathers to the New World. During the English Civil War, the town was held by the Roundhead, Parliamentarians and was besieged between 1642 and 1646. In 1690 a dockyard was established on the River Tamar for the Royal Navy and Plymouth grew as ...
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Lloyds Bank
Lloyds Bank plc is a major British retail banking, retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the "Big Four (banking)#England and Wales, Big Four" clearing house (finance), clearing banks. Established in Birmingham in 1765, Lloyds Bank expanded considerably during the 19th and 20th centuries, acquiring several smaller banks along the way. It merged with the Trustee Savings Bank in 1995 and operated as Lloyds TSB Bank plc from 1999 to 2013. In January 2009, it became a key subsidiary of Lloyds Banking Group following the acquisition of HBOS by Lloyds TSB Group. The bank's operational headquarters are in London, with additional offices in Wales and Scotland, and it also manages office complexes, brand headquarters, and data centres in Birmingham, Yorkshire, Leeds, Sheffield, Halifax, West Yorkshire, Halifax, and Wolverhampton. History Origins The origins of Lloyds Bank date from 1765, when button ...
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Radford, Plymstock
Radford in the parish of Plymstock in Devon is a historic manor and the oldest recorded seat of the prominent Harris family. It is today a low-cost housing suburb of the City of Plymouth. The 16th century manor house of the Harris family was remodelled in the 18th century and was demolished in 1937. However, various traces of the estate remain, including most notably the deerpark, now a public amenity known as Radford Park, with its large lake, an early 19th century gate-lodge at the entrance drive to the former mansion house, with gatepiers, on Radford Park Road, a bridge and boathouse with follies of a sham castle and another sham-ruin. Descent of the manor le Abbé In 1242 Radford was held by William le Abbé (in English "Abbot"). Radford descended to his son Henry le Abbé of Alsemston, and then to Walter le Abbé, whose posterity, having adopted the surname ''de Radford''Risdon, p.199 remained seated at Radford for several generations. de Radford (le Abbé) The succe ...
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Banks Established In 1774
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. As 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 ancien ...
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Defunct Banks Of The United Kingdom
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...