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TheCityUK
TheCityUK is a private-sector membership body and industry advocacy group promoting the financial services, financial and related professional services industry of the United Kingdom (UK). TheCityUK is often referred to as the industry's "most powerful" or "most prominent" lobbyists with close links to the UK Government and to policymakers in Brussels and Washington. Although 'The City' in the UK usually refers to the City of London, one of the world's Global Financial Centres Index, foremost financial centres, the organisation also represents the industry throughout the UK. As a business-led body, TheCityUK is distinct from the City of London Corporation which is the local government administrative body for the district of London which contains the traditional heart of the city's financial services industry, sometimes referred to as the City of London, Square-Mile. The organisation focuses on three main areas: * Overseas promotion: it promotes the UK overseas as a world-class c ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Financial Services Trade And Investment Board
The Financial Services Trade and Investment Board (FSTIB) is part of HM Treasury and is a partnership between the UK Government and industry. The Board meets on a quarterly basis to develop high-growth initiatives such as Renminbi internationalisation, green finance and financial technology. Its aim is to strengthen Britain's position as the centre of global finance and deliver jobs and growth across the country. The FSTIB works closely with the Financial Services Organisation (FSO). The FSO is a key delivery partner for the FSTIB's initiatives. History The FSTIB was formed by Chancellor George Osborne in Budget 2013 to promote the UK's financial services industry. The Board first met on 8 October 2013 and was charged with leading the government's drive to promote external trade, attract inward investment and lift market access barriers for the UK's financial services sector. In July 2015, the Chancellor re-launched the FSTIB with a new board composed of senior representatives ...
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Bruce Carnegie-Brown
Bruce Neil Carnegie-Brown (born December 1959) has been Chairman of the insurance market Lloyd’s of London since June 2017, and is Vice Chairman of Banco Santander. He is also chairman of the Marylebone Cricket Club and of Cuvva Ltd. He was Chairman of the price comparison website Moneysupermarket.com Group from April 2014 to May 2019. Early life and education Carnegie-Brown was born on 27 December 1959 in Freetown, Sierra Leone. His father was an engineer and tobacco executive, and the family migrated often, including time in Libya, Jordan, Tanzania and Malaysia. Bruce attended Cheltenham College, in 1973 and leaving in 1977. In 1977, he won a scholarship to study English Language and Literature at Exeter College, Oxford matriculating in 1978 and graduating with a First Class Honours degree in 1981. Business career After leaving university, Carnegie-Brown spent four years at Bank of America as an investment banker, before joining JP Morgan, where he worked for 18 years, ...
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Non-profit Company
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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KPMG UK
KPMG International Limited (or simply KPMG) is a multinational corporation, multinational professional services network, and one of the Big Four accounting firms, Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and Management consulting, advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed i ...
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Yorkshire Building Society
Yorkshire Building Society is the third largest building society in the UK, with its headquarters in Bradford, West Yorkshire, England. It is a member of the Building Societies Association. The society also owns the Chelsea Building Society and Norwich and Peterborough Building Society, as well as Accord Mortgages and the savings business of Egg, which are referred to as the Yorkshire Building Society Group. Collectively the group employs 3,300 staff throughout the UK and services 3 million members. The society currently provides financial services both directly and through a 132-strong branch network and 99 associated agencies across the UK. Despite changes in the industry in recent years, Yorkshire Building Society remains one of the major mutual building societies in Britain - a review in 1995 confirmed that their mutual status was important to them, so that they remain answerable to their members, rather than outside shareholders. History In 1864, the Huddersfie ...
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UK Finance
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ...
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Investment Association
The Investment Association is the Trade association, trade body that represents United Kingdom, UK investment managers. Their more than 250 corporate members collectively manage over £7.7 trillion on behalf of clients in the UK and around the world. History In 2015, the trade body Investment Management Association was renamed the Investment Association, following the merger between the IMA and the Investment Affairs division of the Association of British Insurers. The IMA was established in 2002 after a merger of the Association of Unit Trust and Investment Funds (AUTIF) and the Fund Managers Association. AUTIF, before 1993, was itself known as the Unit Trust Association and was established in 1959. References External linksOfficial WebsiteCrypto Investing Guide
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KPMG
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and t ...
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Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PricewaterhouseCoopers (PwC), it is considered one of the Big Four accounting firms. It primarily provides assurance (which includes financial audit), tax, consulting and advisory services to its clients. Like many of the larger accounting firms in recent years, EY has expanded into markets adjacent to accounting, including strategy, operations, HR, technology, and financial services consulting. EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has 312,250 employees in over 700 offices in more than 150 countries around the world. The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. It was named Ernst & Young until ...
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BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trillion in assets under management as of January 2022. BlackRock operates globally with 70 offices in 30 countries, and clients in 100 countries. Along with The Vanguard Group, Vanguard and State Street Corporation, State Street, BlackRock is considered to be one of the Big Three index fund managers that dominate corporate America. BlackRock has sought to position itself as an industry leader in environmental, social and corporate governance (ESG). The company has faced criticism for worsening climate change, its close ties with the Federal reserve system, Federal Reserve System during the COVID-19 pandemic, Anti-competitive practices, anticompetitive behavior, and its unprecedented investme ...
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