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


In brief: ownership and acquisition of banks in United Kingdom - Lexology

...In brief: ownership and acquisition of banks in United Kingdom  Lexology...

 

Exclusive-HSBC moves more than 1,200 UK staff to permanent home working - Reuters

... working  Reuters...

 

JPMorgan chief Jamie Dimon warns of Brexit hit to London amid uncertainty over financial services - Evening Standard

... uncertainty over financial services  Evening Standard...

 

British banks slash office space, tell staff to 'work anywhere' - TODAYonline

...British banks slash office space, tell staff to 'work anywhere'  TODAYonline...

 

When mortgage? Big UK banks split on giving home loans to the crypto-rich - The Block Crypto

... mortgage? Big UK banks split on giving home loans to the...

 

UK: Food banks outnumber McDonald's restaurants - DW (English)

...UK: Food banks outnumber McDonald's restaurants  DW (English)...

 

G7 Finance Ministers and Central Bank Governors meeting chaired by Chancellor agrees ambitious climate agenda in UK's COP Presidency year - GOV.UK

... agenda in UK's COP Presidency year  GOV.UK...

 

 

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