Brecon Old Bank
The Brecon Old Bank was founded in Brecon in 1778 by John Wilkins (1713–1784), who was highly regarded by the directors of the Bank of England.Early Banks in West Wales, by Francis Green (in West Wales Historical Records, The Annual Magazine of The Historical Society of West Wales, Volume VI, edited by Francis Green, Printed by W. Spurrell & Son, 1916) Development The bank was originally operated under the style Wilkins & Co. and developed steadily, opening up branches in Merthyr Tydfil, in 1812, and Cardigan, Ceredigion, Cardigan, Carmarthen and Haverfordwest, in 1832. The branch at Brecon is now the site of Lloyds Bank (historic), Lloyds Bank.Haslam, R., 2001, Pevsner Architectural Guides, The Buildings of Wales, Powys, Penguin Books/University of Wales Press The branch at Cardigan was located on the High Street next to Lloyds Bank.Lloyd., T., Orbach., J., Scourfield, R., 2006, Pevsner Architectural Guides, The Buildings of Wales, Carmarthenshire and Ceredigion, Yale Universit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Brecon
Brecon (; cy, Aberhonddu; ), archaically known as Brecknock, is a market town in Powys, mid Wales. In 1841, it had a population of 5,701. The population in 2001 was 7,901, increasing to 8,250 at the 2011 census. Historically it was the county town of Brecknockshire (Breconshire); although its role as such was eclipsed with the formation of the County of Powys, it remains an important local centre. Brecon is the third-largest town in Powys, after Newtown and Ystradgynlais. It lies north of the Brecon Beacons mountain range, but is just within the Brecon Beacons National Park. History Early history The Welsh name, Aberhonddu, means "mouth of the Honddu". It is derived from the River Honddu, which meets the River Usk near the town centre, a short distance away from the River Tarell which enters the Usk a few hundred metres upstream. After the Dark Ages the original Welsh name of the kingdom in whose territory Brecon stands was (in modern orthography) " Brycheiniog", whic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Overend, Gurney And Company
Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about £11 million, equivalent to £ million in . The collapse of the institution triggered a banking panic. History Early years The business was founded in 1800 as Richardson, Overend and Company by Thomas Richardson, clerk to a London bill discounter, and John Overend, chief clerk in the bank of Smith, Payne and Company at Nottingham (absorbed into the National Provincial Bank in 1902), with Gurney's Bank (absorbed into Barclays Bank in 1896) supplying the capital. At that time, bill-discounting was carried on in a spasmodic fashion by the ordinary merchant in addition to his regular business, but Richardson considered that there was room for a London house which should devote itself entirely to the trade in bills. This idea, novel at the time, proved an instant success. Samuel Gurney joined the firm in 1807 and took control of Overend, Gurney and Co. i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1778 Establishments In Wales
Events January–March * January 18 – Third voyage of James Cook: Captain James Cook, with ships HMS ''Resolution'' and HMS ''Discovery'', first views Oahu then Kauai in the Hawaiian Islands of the Pacific Ocean, which he names the ''Sandwich Islands''. * February 5 – **South Carolina becomes the first state to ratify the Articles of Confederation. ** **General John Cadwalader shoots and seriously wounds Major General Thomas Conway in a duel after a dispute between the two officers over Conway's continued criticism of General George Washington's leadership of the Continental Army.''Harper's Encyclopaedia of United States History from 458 A. D. to 1909'', ed. by Benson John Lossing and, Woodrow Wilson (Harper & Brothers, 1910) p166 * February 6 – American Revolutionary War – In Paris, the Treaty of Alliance and the Treaty of Amity and Commerce are signed by the United States and France, signaling official French recognition of the ne ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Established In 1778
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Defunct Banks Of Wales
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Adelina Patti
Adelina Patti (19 February 184327 September 1919) was an Italian 19th-century opera singer, earning huge fees at the height of her career in the music capitals of Europe and America. She first sang in public as a child in 1851, and gave her last performance before an audience in 1914. Along with her near contemporaries Jenny Lind and Thérèse Tietjens, Patti remains one of the most famous sopranos in history, owing to the purity and beauty of her lyrical voice and the unmatched quality of her ''bel canto'' technique. The composer Giuseppe Verdi, writing in 1877, described her as being perhaps the finest singer who had ever lived and a "stupendous artist". Verdi's admiration for Patti's talent was shared by numerous music critics and social commentators of her era. Biography She was born Adela Juana Maria Patti, in Madrid, the youngest child of tenor Salvatore Patti (1800–1869) and soprano Caterina Barilli (died 1870). Her Italian parents were working in Spain, at the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cheque
A cheque, or check (American English; see spelling differences) is a document that orders a bank (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the '' drawer'', has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the ''drawee'', to pay the amount of money stated to the payee. Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes pe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Depositor
A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer (depositor) relationship is one of debtor-creditor. Some banks charge fees for transactions on a customer's account. Additionally, some banks pay customers interest on their account balances. Types of accounts * How banking works In banking, the verbs "deposit" and "withdraw" mean a customer paying money into, and taking money out of, an account, respectively. From a legal and financial accounting standpoint, the noun "deposit" is used by the banking industry in financial statements to describe the liability owed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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West Wales
West Wales ( cy, Gorllewin Cymru) is not clearly defined as a particular region of Wales. Some definitions of West Wales include only Pembrokeshire, Ceredigion and Carmarthenshire, which historically comprised the Welsh principality of '' Deheubarth'' and was called " South West Wales" in the Nomenclature of Territorial Units for Statistics (NUTS). Other definitions may include Swansea and Neath Port Talbot but exclude Ceredigion, although this definition may also be described as South West Wales. The "West Wales and the Valleys" NUTS area includes more westerly parts of North Wales. The preserved county of Dyfed covers what is generally considered to be West Wales; between 1974 and 1996, Dyfed was a county, with a county council and six district councils. Historic use Historically, the term West Wales was applied to the Kingdom of Cornwall during the Anglo-Saxon invasion of Britain and the period of the Heptarchy. The Old English word '' Wealas'', a Germanic term for inha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Powys
Powys (; ) is a Local government in Wales#Principal areas, county and Preserved counties of Wales, preserved county in Wales. It is named after the Kingdom of Powys which was a Welsh succession of states, successor state, petty kingdom and principality that emerged during the Middle Ages following the end of Roman rule in Britain. Geography Powys covers the historic counties of Montgomeryshire and Radnorshire, most of Brecknockshire, and part of Denbighshire (historic), historic Denbighshire. With an area of about , it is now the largest administrative area in Wales by land and area (Dyfed was until 1996 before several Preserved counties of Wales, former counties created by the Local Government Act 1972 were abolished). It is bounded to the north by Gwynedd, Denbighshire and Wrexham County Borough; to the west by Ceredigion and Carmarthenshire; to the east by Shropshire and Herefordshire; and to the south by Rhondda Cynon Taf, Merthyr Tydfil County Borough, Caerphilly County Bor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |