Williams Deacon's Bank: Difference between revisions
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Williams Deacon's Bank is now part of the [[Royal Bank of Scotland]]. It was acquired in 1930,<ref>{{cite web|url=http://www.rbs.com/about-rbs/g2/heritage/our-story/history-highlights/from-1727-to-today/1830-to-1938.ashx|title=Our story, 1831-1938|work=RBS Website|accessdate=22 November 2009}}</ref> and had a large network of branches in the north-west of England. In 1970 it was integrated with [[Glyn, Mills & Co.]], [[The National Bank]] (which were part of the same group) to form [[Williams & Glyn's Bank]].<ref>{{cite web|url=http://news.bbc.co.uk/1/hi/business/607402.stm|title=Royal Bank of Scotland: A history |work=BBC News website|accessdate=22 November 2009}}</ref><ref>{{cite web|url=http://www.rbs.com/about-rbs/g2/heritage/our-story/history-highlights/from-1727-to-today/1939-to-1970.ashx|title=Our Story, 1939-1970|work=RBS Website|accessdate=22 November 2009}}</ref> |
Williams Deacon's Bank is now part of the [[Royal Bank of Scotland]]. It was acquired in 1930,<ref>{{cite web|url=http://www.rbs.com/about-rbs/g2/heritage/our-story/history-highlights/from-1727-to-today/1830-to-1938.ashx|title=Our story, 1831-1938|work=RBS Website|accessdate=22 November 2009}}</ref> and had a large network of branches in the north-west of England. In 1970 it was integrated with [[Glyn, Mills & Co.]], [[The National Bank]] (which were part of the same group) to form [[Williams & Glyn's Bank]].<ref>{{cite web|url=http://news.bbc.co.uk/1/hi/business/607402.stm|title=Royal Bank of Scotland: A history |work=BBC News website|accessdate=22 November 2009}}</ref><ref>{{cite web|url=http://www.rbs.com/about-rbs/g2/heritage/our-story/history-highlights/from-1727-to-today/1939-to-1970.ashx|title=Our Story, 1939-1970|work=RBS Website|accessdate=22 November 2009}}</ref> |
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==History== |
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Brief history |
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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. |
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. |
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Revision as of 15:34, 28 November 2009
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., The National Bank (which were part of the same group) to form Williams & Glyn's Bank.[2][3]
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 following brands were used during the bank's history.[4]
- 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
- ^ "Our story, 1831-1938". RBS Website. Retrieved 22 November 2009.
- ^ "Royal Bank of Scotland: A history". BBC News website. Retrieved 22 November 2009.
- ^ "Our Story, 1939-1970". RBS Website. Retrieved 22 November 2009.
- ^ "Williams, Deacon & Co". RBS Heritage Archives. Retrieved 22 November 2009.