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Bank Of London (clearing Bank)
The Bank of London is a British clearing, correspondent and wholesale bank operating in the United Kingdom, the United States and Europe. The bank launched on 30 November 2021 and in doing so became the UK's sixth clearing bank. History The bank was founded by Anthony Watson. In 2021, Harvey Schwartz was appointed as Group Chairperson and Non-executive Director. The executive team spent four years prior to the bank's launch creating proprietary technology which allowed them to enter the market with a $1.1 billion valuation. It became the first pre-revenue bank to achieve 'unicorn' status. The bank had raised $120 million in funding within weeks of opening for business. Its funding within its first month put it within the UK's top 10 most valuable fintech firms. In December 2021, it was in talks with three additional investment firms to raise additional funding. The bank uses cloud-based core banking technology and a software as a service (SAAS) delivery model. The bank's ...
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100 Bishopsgate
100 Bishopsgate consists of two mixed-use buildings in central London. The buildings are situated on the eastern edge of the City of London financial district. Building 1 on the site is a 40-storey tower comprising five floors of each and 32 office floors of between . Building 2 is a seven-storey structure that was developed behind a retained façade, and houses restaurant and office floors of each. The developer was The 100 Bishopsgate Partnership, a joint-venture between Brookfield Office Properties (87.5%) and Great Portland Estates (12.5%). Site history Along Bishopsgate, the 100 Bishopsgate site spans between St Ethelburga's Church and Camomile Street, with Clerks Lane (or Clarks Lane) separating two portions. In 1993 the IRA exploded a large bomb in Bishopsgate, seven metres from St Ethelburga's Church. A number of surrounding buildings were badly damaged. A new building on the site was constructed, numbered 58, which included a public house, the ''Magpie and Punch ...
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Software As A Service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. Sa ...
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Ulster Bank
Ulster Bank is one of the traditional Big Four Irish clearing banks. The Ulster Bank Group was subdivided into two separate legal entities: National Westminster Bank Plc, trading as Ulster Bank (registered in England and Wales and operating in Northern Ireland); and, until April 2023, Ulster Bank Ireland DAC (registered in the Republic of Ireland). Prior to the closure of Ulster Bank in the Republic of Ireland in April 2023, the headquarters of Ulster Bank in the Republic of Ireland were located on George's Quay, Dublin, whilst the headquarters of Ulster Bank Northern Ireland are in Donegall Square East, Belfast, and it maintains a large sector of the financial services in both the UK and the Republic of Ireland. Established in 1836, Ulster Bank was acquired by the London County and Westminster Bank in 1917. As a wholly-owned subsidiary of National Westminster Bank (NatWest), it became part of the Royal Bank of Scotland Group in 2000. RBS Group was renamed NatWest Group i ...
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The Carlyle Group
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in private equity, real assets, and private credit. One of the world's largest investment firms, it ranked first among private equity firms by capital raised from 2010-2015, according to the PEI 300 index. In June 2024, it ranked sixth in Private Equity International's PEI 300 ranking among the world's largest private equity firms. Founded in 1987 in Washington, D.C., the company has nearly 2,200 employees in 28 offices on four continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as a boutique investment bank by five partners with backgrounds in finance and government: William E. Conway Jr., ...
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Anthony Watson (businessman)
Anthony G. Watson is a British business and technology executive, and human and LGBT rights activist. In November 2021, Watson founded The Bank of London, a clearing, correspondent and wholesale bank, serving as chief executive officer. Since 2013 he has sat on the board of GLAAD. In April 2015, he joined the Bitcoin trading start-up Uphold.com as its president and chief executive officer. Career A Christian who studied theology, Watson initially considered becoming a minister, but discovered he enjoyed working with technology while working part-time for AOL Ireland during his degree. As a result, he started working for First-e Bancorp (Europe's first internet bank), going on to take senior roles at Microsoft, CitiGroup and Unisys. Between 2006 and 2009, he was the senior vice president and global head of technology services at Wells Fargo, where he ran technology for the bank across 44 Counties. Watson worked as chief information officer for Barclays' retail arm from 2 ...
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Peter Mandelson
Peter Benjamin Mandelson, Baron Mandelson, (born 21 October 1953) is a British politician, lobbyist and diplomat who has served as British Ambassador to the United States since February 2025. A member of the Labour Party, Mandelson served as Labour's director of communications from 1985 to 1990, becoming one of the first people to whom the term "spin doctor" was applied and being dubbed the " Prince of Darkness" because of his "ruthless" and "media savvy" reputation. Mandelson served as Secretary of State for Business, Innovation and Skills and President of the Board of Trade in 1998 and again from 2008 to 2010, Secretary of State for Northern Ireland from 1999 to 2001 as well as First Secretary of State and Lord President of the Council from 2009 to 2010. He was the European Commissioner for Trade from 2004 to 2008 and Member of Parliament (MP) for Hartlepool from 1992 to 2004, before being elevated to the House of Lords as a Life Peer in 2008. In November 2010, he co ...
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Winding Up
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. ''wind-up order'' in Australia) or voluntary (sometimes referred to as a ''shareholders' liquidation'' or ''members' liquidation'', although some voluntary liquidations are ...
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Charlotte Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes ''Hemmings Motor News'' and ''Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''Kansa ...
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Charlotte Observer
''The Charlotte Observer'' is an American newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset Management. Overview ''The Observer'' primarily serves Charlotte and Mecklenburg County and the surrounding counties of Iredell, Cabarrus, Union, Lancaster, York, Gaston, Catawba, and Lincoln. Home delivery service in outlying counties has declined in recent years, with delivery times growing later as the paper has outsourced circulation services outside the primary Charlotte area. Circulation at ''The Charlotte Observer'' has been declining for many years. The period of May 2011 showed that ''Charlotte Observer'' circulation totaled 155,497 daily and 212,318 Sunday. 2017 Print Circulation Daily: 69,987 and Sunday: 106,434. The newspaper has an online presence and its staff also oversees a NASCAR news website, and a correspondin ...
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101 Independence Center
One Independence Center is a high-rise office building located in Uptown Charlotte, North Carolina. It was completed in 1983 and stands at a height of 301 ft (92 m) with 20 floors. It is the seventh largest building in Charlotte by leasable square feet with 565,694 square feet. It sits on the former site of the Independence Building at Charlotte's Independence Square. History The building was finished in 1983. It is the site of the former Independence Building which was constructed in 1909, it was demolished in September 1981. At its opening The Independence Building with 12 floors was the tallest building in North Carolina. The developers Faison firm and Williams Realty of Tulsa, Oklahoma announced in October 1981 the specifics of the building. It was planned to contain with of retail space. NCNB, now Bank of America, planned to lease on floors 2 - 10. The building was built diagonal from NCNB Plaza, the bank headquarters in 1981. Therefore, the building was plan ...
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Uptown Charlotte
Uptown Charlotte, also called Center City, is the central business district of Charlotte, North Carolina, United States. The area is split into four wards by the intersection of Trade and Tryon Streets, and bordered by Interstate 277 and Interstate 77. The area is managed and overseen by the Charlotte Central City Partners, which is one of the three Municipal Service Districts in Charlotte. Uptown Charlotte is the largest business district in Charlotte and the Carolinas. Several Fortune 500 companies have their headquarters in the district, including Bank of America, Duke Energy, Honeywell, and the east coast operations of Wells Fargo. Uptown contains over 33 million square feet of office space. Athletic and event facilities located in Center City include Bank of America Stadium, Spectrum Center, Truist Field, and the NASCAR Hall of Fame. Museums, theaters, hotels, high-density residential developments, restaurants, and bars are heavily concentrated in the Center City, wi ...
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Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United States census, 2020 census, making Charlotte the List of United States cities by population, 14th-most populous city in the United States, the seventh-most populous city in Southern United States, the South, and the second-most populous city in the Southeastern United States, Southeast behind Jacksonville, Florida. Charlotte is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose estimated 2023 population of 2,805,115 ranked Metropolitan statistical area, 22nd in the United States. The Charlotte metropolitan area is part of an 18-county market region and combined statistical area with an estimated population of 3,387,115 as of 2023. Between 2004 and 2014, Charlotte was among the country's fastest-grow ...
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