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Black Horse (company)
Black Horse Limited is a motor finance company based in the United Kingdom. It was formed in July 2001, as a wholly owned subsidiary of Lloyds Banking Group, but its origins can be traced back to 1922. The business should not be confused with Black Horse (originally Beehive and most recently Lloyds TSB) Life Assurance Company, whose interests were amalgamated into Scottish Widows in September 2004. History Following the creation of Lloyds TSB Group in 1998, the businesses of Lloyds Bowmaker (formerly Lloyds and Scottish) and United Dominions Trust were combined into Lloyds UDT. In September 2000, Lloyds TSB acquired Chartered Trust, and, in June 2001, the business of Chartered Trust was merged into the business of Lloyds UDT, and the enlarged operation rebadged under the Black Horse name, to form the asset finance division of Lloyds TSB. United Dominions Trust The origins of UDT go back to 1919, when the Continental Guaranty Corporation of New York established a branch in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Commercial Bank Of Scotland
The National Commercial Bank of Scotland Ltd. was a Scotland, Scottish commercial bank. It was established in 1959 through a merger of the National Bank of Scotland (established in 1825) with the Commercial Bank of Scotland (established in 1810). Ten years later it merged with the Royal Bank of Scotland, to become the largest Clearing bank (United Kingdom), clearing bank in Scotland. The National Commercial Bank issued its own Scottish banknotes, banknotes. At its foundation, the National Commercial Bank of Scotland had assets of around £300 million, and had 476 branches in Scotland and England. A joint venture with asset management company Schroders in 1964 saw the launch of a Scottish merchant banking service. The bank acquired the 36 English and Welsh branches of The National Bank Ltd., when the Irish operations of that institution were bought by the Bank of Ireland in 1966. The National Commercial Bank also established a "ladies branch" for female customers, staffed entirely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Dominions Trust Ltd V Kirkwood
''United Dominions Trust Ltd v Kirkwood'' 9662 QB 431 was a decision of the Court of Appeal relating to what constitutes "banking business" as a matter of English law. ''Ellinger's Modern Banking Law'' refers to the judgment as a " landmark decision". Facts United Dominions Trust was a finance company which brought an action to recover payment of a loan which it had made to a dealer. The dealer defended the claim for repayment on the basis that the United Dominions Trust was not registered under the Moneylenders Act 1900 and hence the loan contract was unlawful. United Dominions Trust claimed that it was exempt under section 6(d) of that Act because it conducted "banking business". In support of this it argued that it was recognised in the City as a bank, it enjoyed certain privileges given only to banks, and it had a clearing number. Judgment All three judges gave reasoned judgments. The court considered an older Australian decision, ''Commissioners of the State Savi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UDC Finance Limited
UDC Finance Limited is a finance company in New Zealand. UDC's main expertise is now in providing asset-backed finance for plant, vehicles and equipment, where they do not rely on land or buildings as security. It is a subsidiary of Shinsei Bank. History UDC was founded in 1938 as Financial Services Limited by Dr Otto Simon Heymann. In May 1938 Financial Services was the organiser and sponsor of the flotation of Todd Motors Corporation. Government policy of the day prohibited the issue of new banking licences so Financial Services obtained registration as a moneylender in August 1938 and began investing in hire purchase contracts with a special interest in New Zealand's secondary industry. In order to establish international ties and better access to capital for New Zealand businesses London based banker United Dominions Trust was invited to purchase a shareholding. UDT took ownership of almost all Financial Services' capital in 1951. Financial Services was renamed United Dom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lex Autolease
Lex Autolease was created in May 2009 from the merger of HBOS-owned Lex Vehicle Leasing with Lloyds TSB Autolease, and is currently the largest vehicle leasing business in the UK, with a fleet of about 385,000 vehicles. One in every thirty new cars sold in the UK is through Lex Autolease. History The company can trace its origins back to 1959, when both Lex and Autolease were established. Lex was established in the 1920s and in 1959 it acquired British Colonial Motors, which allowed it to enter the contract hire business. In 1969, it acquired Controlled Cost Motoring, established Lombard North Central, Lombard Contract Hire in 1983 and acquired Fleetdrive in 1988. Autolease was established in 1959 by Britax, which also owned Bristol Street Motors. Through mergers, a company called Lex Vehicle Leasing emerged. By 2005, it was owned by Aviva as part of their RAC plc company. From 2006 to 2009, it was owned by HBOS. Following the acquisition of HBOS by Lloyds TSB Group, which had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered
Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. Maria Ramos is the group chair of Standard Chartered. Bill Winters is the current group chief executive. Diego De Giorgi is the current group chief financial officer. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to crea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Julian Hodge
Sir Julian Stephen Alfred Hodge (15 October 1904 – 17 July 2004) was a London-born entrepreneur and banker who lived in Wales for most of his life, from the age of five. Background and beginnings Julian Hodge was born on 15 October 1904 in Camberwell, south London, the son of an electrician. His mother was Irish. At the age of four he moved with his family to Pontllanfraith in the South Wales Valleys. He left school from the Lewis School Pengam at age 13 but his mother encouraged him to read classic novels and recite poetry to further his education. His first job was as an assistant in a chemist's shop. He joined the Great Western Railway as a junior clerk in 1920 and studied accountancy in his spare time, qualifying as a corporate accountant in 1930. He went into business for himself as an accountant in 1934.John Cunningham (21 July 2004"Sir Julian Hodge" (obituary) ''The Guardian''. He married Moira Thomas in 1951 and had three children. Hodge formed the idea of cre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Bank Of India, Australia And China
The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.Standard Chartered Bank History . Standardchartered.com. Retrieved on 26 December 2018. . Atsnotes.com. Retrieved on 26 December 2018. Though lacking a truly strong domestic network in Britain, it was influential in the development of British colonial trade throughout the . [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a major British retail banking, retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the "Big Four (banking)#England and Wales, Big Four" clearing house (finance), clearing banks. Established in Birmingham in 1765, Lloyds Bank expanded considerably during the 19th and 20th centuries, acquiring several smaller banks along the way. It merged with the Trustee Savings Bank in 1995 and operated as Lloyds TSB Bank plc from 1999 to 2013. In January 2009, it became a key subsidiary of Lloyds Banking Group following the acquisition of HBOS by Lloyds TSB Group. The bank's operational headquarters are in London, with additional offices in Wales and Scotland, and it also manages office complexes, brand headquarters, and data centres in Birmingham, Yorkshire, Leeds, Sheffield, Halifax, West Yorkshire, Halifax, and Wolverhampton. History Origins The origins of Lloyds Bank date from 1765, when button ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee Savings Bank
The Trustee Savings Bank (TSB) was a British financial institution that operated between 1810 and 1995 when it was merged with Lloyds Bank (historic), Lloyds Bank. Trustee savings banks originated to accept savings deposits from those with moderate means. Their share (finance), shares were not traded on the stock market but, unlike Mutual organization, mutually held building society, building societies, depositors had no voting rights; nor did they have the power to direct the financial and managerial goals of the organisation. Directors were appointed as trustees (hence the name) on a voluntary basis. The first trustee savings bank was established by the Presbyterian polity, Rev. Henry Duncan (minister), Henry Duncan of Ruthwell in Dumfriesshire for his poorest parishioners in 1810, with its sole purpose being to serve the local people in the community. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were amalgamated into a single institution named ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
