Banks of the United Kingdom

The table shows the main independent British banks. The list is quite short as British banking has been highly consolidated since the early 20th century. Unlike some other major economies, the UK does not have a major strata of independent local banks. There are however a small number of independent specialist or local banks. There are all just a small fraction of the size of the smallest of the banks in the table above: Airdrie Savings Bank, C. Hoare & Co, Close Brothers Group, Julian Hodge Bank, N M Rothschild & Sons. There is al ...

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Banks of the United Kingdom, Banks of the United Kingdom - Independent British banks, Banks of the United Kingdom - Other British banking brands owned by British companies, Banks of the United Kingdom - British banking brands owned by foreign banks, Banks of the United Kingdom - Foreign banks in the United Kingdom

Read more here: » Banks of the United Kingdom: Encyclopedia II - Banks of the United Kingdom - Independent British banks

The bank traces its origin to the Equivalent Society which was set up by investors in the failed Darien Company to protect the compensation they received as part of the arrangements of the 1707 Act of Union. The Equivalent Society became the Equivalent Company in 1724, and the new company wished to move into banking. The British government received the request favourably as the "Old Bank", the Bank of Scotland, was suspected of having Jacobite sympathies. ...

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Royal Bank of Scotland, Royal Bank of Scotland - History of the Royal Bank of Scotland, Royal Bank of Scotland - Constituents of the Royal Bank of Scotland Group, Royal Bank of Scotland - Other facts

Read more here: » Royal Bank of Scotland: Encyclopedia II - Royal Bank of Scotland - History of the Royal Bank of Scotland

HSBC splits its business into four distinct groups, on a global basis: HSBC - Personal Financial Services. HSBC provides more than 100 million customers worldwide with a full range of personal financial services, including current and savings accounts, mortgages, insurance, credit cards, loans, pensions and investments. Consumer Finance facilitates point-of-sale credit to consumers, and lends money and provides related services to meet the financial needs of everyday people. See also:

HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Customer groups

HSBC - Argentina. Main articles: HSBC Bank Argentina SA, and [[{{{2}}}]], and [[{{{3}}}]], and [[{{{4}}}]]See also:

HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in the Americas

HSBC - France. Main article: HSBC SA Crédit Commercial de France became a wholly owned subsidiary of HSBC in July 2000, it operates around 800 branches in France, under a number of brands. On the 1st November 2005 the network's branches in the Paris region were rebranded as HSBC. HSBC - Malta. Main article: HSBC Bank Malta plc HSBC Bank Malta plc is one of the largest banks in Malta and is a subsidiary of HSBC. It is the former Mid ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Europe

HSBC - Egypt. Main article: HSBC Bank Egypt SAE Founded in 1982, rebranded as HSBC in April 2001 after HSBC lifted its ownership stake from 40% to 94.5%. HSBC - Iraq. Main article: Dar Es Salaam Investment Bank During October 2005 HSBC completed the acquisition of 70.1% of this bank, having begun negotiations earlier in the year. The Coalition ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Middle East and Africa

Having sponsored the Jaguar Racing Formula One team since the days of Stewart Grand Prix, HSBC ended its relationship with the sport when Red Bull purchased Jaguar Racing from Ford. HSBC has now switched its focus to golf, taking title sponsorship of events such as the HSBC World Match Play Championship, HSBC Women's World Match Play Championship and HSBC Champions. In Australia, HSBC sponsors the NSW Waratahs rugby team in the Super 14 competition, as well as the Hawthorn Hawks football club in the Australian Football League. HSBC's other sponsorships are mainly in the area o ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Sponsorship

HSBC - Australia. Main article: HSBC Bank Australia Limited Established in 1986 HSBC - India. The Mercantile Bank of India, London and China was established in October 1853 in Bombay (now Mumbai). The Mercantile Bank was acquired in 1959 by HSBC. HSBC is now one of the fastest growing foreign banks in India, both in domestic banking and support operations for worldwide operations (see Global Service Centr ...

See also:

HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Asia Pacific

HSBC - Argentina. Main article: HSBC Bank Argentina SA Midland Bank purchased a stake in Banco Roberts SA in 1987, in 1997 HSBC took full control of the bank and rebranded it HSBC. HSBC - Brazil. Main article: HSBC Bank Brasil S.A.- Banco Multiplo HSBC's largest presence in Brazil and in South America was established in March 1997, when Banco HSBC Bamerindus S.A. was set up to take over the assets, liabilities and subsidiari ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in the Americas

HSBC - Managing for Value 1998-2003. Managing for Value was the strategy followed by the group between 1998 and 2003. HSBC - Managing for Growth 2003-2008. HSBC launched ‘Managing for Growth’ at the end of 2003 it is a strategic plan that provides a blueprint for growth and development. HSBC aim to be the world’s leading financial services company, meaning preferred, admired and dynamic, and being recognised for giving the customer a fair deal. Brand: make HS ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Strategy

HSBC - France. Main articles: HSBC SA, and [[{{{2}}}]], and [[{{{3}}}]], and [[{{{4}}}]]See also:

HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Europe

HSBC - Australia. Main articles: HSBC Bank Australia Limited, and [[{{{2}}}]], and [[{{{3}}}]], and [[{{{4}}}]], and [[{{{5}}}]] Established ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Asia Pacific

HSBC - Egypt. Main articles: HSBC Bank Egypt SAE, and [[{{{2}}}]], and [[{{{3}}}]], and [[{{{4}}}]]See also:

HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Activities in Middle East and Africa

As a cost saving measure HSBC is offshoring processing work to lower cost economies in order to reduce the cost of providing services in developed countries. These locations take on work such as data processing and customer service, but also internal software development at Pune and Guangzhou. The BBC quotes Chief Operating Officer, Alan Jebson in March 2005, as saying he would be very surprised if less than 25,000 people were working in the centres over the next three years: “I don’t have a precise target but I would be surprised ...

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HSBC, HSBC - Customer groups, HSBC - Personal Financial Services, HSBC - Commercial Banking, HSBC - Corporate Investment Banking and Markets, HSBC - Private Banking, HSBC - Strategy, HSBC - Managing for Value 1998-2003, HSBC - Managing for Growth 2003-2008, HSBC - Activities in the Americas, HSBC - Argentina, HSBC - Brazil, HSBC - Canada, HSBC - Mexico, HSBC - United States, HSBC - Activities in Asia Pacific, HSBC - Australia, HSBC - India, HSBC - Hong Kong, HSBC - Mainland China, HSBC - Malaysia, HSBC - Activities in Europe, HSBC - France, HSBC - Malta, HSBC - Turkey, HSBC - United Kingdom, HSBC - Activities in Middle East and Africa, HSBC - Egypt, HSBC - Iraq, HSBC - Saudi Arabia, HSBC - Global Service Centres, HSBC - Sponsorship, HSBC - History of HSBC Holdings plc

Read more here: » HSBC: Encyclopedia II - HSBC - Global Service Centres

Main article: Northern Bank robbery On 20 December 2004 the money centre at the bank's headquarters in Belfast was raided, and £26.5 million stolen. Most of this consisted of uncirculated Northern Bank notes, as well as millions in used notes. There was also over a million pounds in other currencies. Both in the United Kingdom and the Republic of Ireland, police, government, and political figures (with the notable exception of Sinn Féin) accused the Provisional Irish Republican Army of be ...

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Northern Bank, Northern Bank - Robbery, Northern Bank - External link

Read more here: » Northern Bank: Encyclopedia II - Northern Bank - Robbery

Tesco Personal Finance was formed in July 1997 following the successful launch of Sainsbury's Bank by its main UK competitor, Sainsbury's. The bank was launched as a joint venture with the Royal Bank of Scotland, which processes all its financial transactions. Subsidiary companies of the Royal Bank, such as Direct Line and Lombard Direct help Tesco Personal Finance provide insurance products. Tesco Personal Finance has been a great success for both Tesco and the Royal Bank of Scotland, returning profits of £202 million for the financ ...

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Tesco Personal Finance, Tesco Personal Finance - Formation, Tesco Personal Finance - External link

Read more here: » Tesco Personal Finance: Encyclopedia II - Tesco Personal Finance - Formation

The story of Ulster Bank began with a meeting called by local men of business at the Royal Hotel, Belfast, in February 1836. At that time Belfast had a population of 60,000 and was a growing port with a prosperous linen trade. The stage coach journey to Dublin, where most of Ireland’s existing banks were based, took a full twelve hours. The men that met at the Royal Hotel believed Belfast needed more local financial services, and within weeks had issued an ambitious prospectus for the new bank. Sufficient capital was quickly subscribed and Ulster Banking Co opened for business for the first ...

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Ulster Bank, Ulster Bank - The Beginnings, Ulster Bank - Branch growth, Ulster Bank - The move south, Ulster Bank - War and merger, Ulster Bank - New products and services, Ulster Bank - Diversification, Ulster Bank - The friendly bank, Ulster Bank - New technology, Ulster Bank - Recent change, Ulster Bank - External link

Read more here: » Ulster Bank: Encyclopedia II - Ulster Bank - The Beginnings

National Savings and Investments was founded in 1861 as the Post Office Savings Bank. The aim of the bank was to allow workers to save, and to provide the government will access to debt funding. The bank's name later changed to National Savings Bank, and later to National Savings and Investments. NS&I manages around £66 billion in savings, 10% of the UK savings market. This accounts for 17% of the UK's national debt. As funds from NS&I are a relatively cheap source of government borrowing, the bank sets interest rates both to attrac ...

See also:

National Savings and Investments, National Savings and Investments - Role, National Savings and Investments - Products, National Savings and Investments - External link

Read more here: » National Savings and Investments: Encyclopedia II - National Savings and Investments - Role

Bank of Scotland - Establishment. The Bank of Scotland was established by an act of the Parliament of Scotland on 17 July 1695, opening for business in February 1696. Although established soon after the Bank of England (1694), the Bank of Scotland was a very different institution. Where the Bank of England was established specifically to finance defence spending by the Westminster government, the Bank of Scotland was established by the Scottish government to support Scottish business, and was prohibited from lend ...

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Bank of Scotland, Bank of Scotland - History, Bank of Scotland - Establishment, Bank of Scotland - 18th and 19th Century, Bank of Scotland - 20th century, Bank of Scotland - International expansion, Bank of Scotland - HBOS, Bank of Scotland - Bank notes, Bank of Scotland - List of Governors of the Bank of Scotland, Bank of Scotland - External link

Read more here: » Bank of Scotland: Encyclopedia II - Bank of Scotland - History

The Clydesdale Bank was founded in Glasgow in 1838. The Clydesdale later expanded throughout Scotland, and later became the first Scottish bank to open branches in the North of England. In 1919 the Midland Bank acquired the Clydesdale Bank. In 1950 the Midland Bank merged the Clydesdale with the North of Scotland Bank which it acquired in 1926. The Midland Bank later sold its UK subsidiaries including the Clydesdale Bank to National Australia Group in 1987. The bank became part of National Australia's UK and Irish subsidiaries including Northern Bank in Northern Ireland; National Irish Bank in Ireland. In 1990 the Yo ...

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Clydesdale Bank, Clydesdale Bank - History, Clydesdale Bank - Banknotes, Clydesdale Bank - External link

Read more here: » Clydesdale Bank: Encyclopedia II - Clydesdale Bank - History