Banks in United Kingdom | Banks in England, Scotland, Wales and Northern Ireland

Banks and Saving banks in United Kingdom



The network that constitutes the banking system in the United Kingdom have different aspects. First of all one can find “High Street Banks”, and The Big Five banks (originated in the World War I) are in this category. They offer services to the general public as well as to companies, and they are: HSBC, Lloyds Banking Group, Royal Bank of Scotland Group, Barclays and Santander. In the past few years top five banks have merged and there have been many changes: Halifax merged with Bank of Scotland (now nationalised, as well as Lloyds Banking Group) or Alliance & Leicester was acquired by Santander.

 

There are other kind of banks in the United Kingdom, there are investment banks trying to find the best way to invest money in markets on behalf of investment trusts, high street banks or pension funds; and the other type are central banks, very close to be a government organisation, because they control many activities. Monetary Policy in the UK is reponsability of the Bank of England.

 

The other important bank one must know about is Standard Chartered, but this company although is registered in London, has its activity out of the UK, mainly in Asia and Far East.

News related with United Kingdom Banks


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UK banks urged to do more to tackle rampant online fraud - We Live Security (blog)

... online fraudWe Live Security (blog)A new report from the United Kingdom's Public Accounts Committee (PAC) rebukes authorities and banks alike for not doing enough vis-à-vis online fraud and serves up a volley of suggestions for improving the state of play. Online fraud, whi...

 

MoneyTaker hacking group steals millions from US, UK, Russian banks - ZDNet

... from US, UK, Russian banksZDNetVideo: Criminals hack cash machines -- without cards or PINs. A newly-discovered hacking group had managed to steal potentially millions of dollars from US, UK, and Russian banks in...

 

United Kingdom: Fugitive liquor baron Vijay Mallya's assets to be frozen until next litigation in April - Times Now

... NowUnited Kingdom: Fugitive liquor baron Vijay Mallya's asse...

 

Unilever teams with big banks on blockchain for supply chain - GreenBiz

... teams with big banks on blockchain for supply chainGre...

 

UK banks can cope with 'disorderly' Brexit - Citywire.co.uk

... outcome would depend on many factors, including the extent of contingency planning and government policies in the United Kingdom and European Union.' It added that if a 'disorderly' Brexit happens at the same time as a several global recession and ...UK banks could cope with 'disorderly' Brexit, says Bank of EnglandIndependent.ie"L...

 

STAR WARS: LAST JEDI Banks 2nd-Largest Domestic Thursday Night Box Office Ever - Newsarama

... EverNewsaramaThose domestic numbers make the Rian Johnson-helmed film the second-largest Thursday opening ever in North America, behind only 2015's The Force Awakens ($57m). By Variety's estimates, that pushes Harry Potter and the Deathly Hallows: Part 2's $43m ...and more »...

 

 

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