Williams Deacon's Bank: Difference between revisions

Williams Deacon's Bank is now part of the Royal Bank of Scotland. It was acquired in 1930^[1], and had a large network of branches in the north-west of England. In 1970 it was integrated with Glyn, Mills & Co., (which was part of the same group) to form Williams & Glyn's Bank.^[2]

Brief history

This private bank was established as Raymond, Vere, Lowe & Fletcher in Cornhill, City of London, in 1771 and subsequently moved to Birchin Lane nearby. It traded any a number of names. In 1825 the bank stopped payment, following the collapse of Pole, Thornton & Co, bankers of City of London, and was reformed with new partners, as Williams, Deacon, Labouchere & Co, in 1826. In 1890 it was taken over by Manchester & Salford Bank Ltd of Manchester for which it had acted as London agent since 1836, to form Williams Deacon & Manchester & Salford Bank. The head office of the merged bank was established in Birchin Lane, City of London, in order to retain Williams, Deacon & Co’s membership of the London Clearing House.

Rebranding

The RBS website lists the following branding changes.^[3]

Raymond, Vere, Lowe & Fletcher 1771-8

• Lowe, Vere, Williams & Jennings 1778
• Lowe, Vere & Williams 1778-1785
• Vere & Williams 1785-8
• Vere, Williams, Son, Wilkinson & Drury 1788-9
• Williams, Son, Wilkinson & Drury 1790-1
• Williams, Son & Drury 1792-9
• Williams, Son, Drury & Moffat 1797-1807
• Williams, Son, Drury, Moffat & Burgess 1808-09
• Williams, Son, Moffat & Burgess 1810-11
• Williams, Son, Moffat, Burgess & Lane 1812-14
• Williams, Williams & Burgess c.1815-22
• Williams, Williams, Burgess & Williams c.1822-5
• Williams, Deacon, Labouchere & Co 1826-8
• Williams, Deacon, Labouchere, Thornton & Co 1828-63
• Williams, Deacon, Thornton & Co 1863-82
• Williams, Deacon & Co from 1882-90

See also

Williams Deacon’s, 1771-1970 (Manchester: privately published by Williams & Glyn’s Bank Ltd, 1971)

References