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Percival Beale
Percival Spencer Beale (14 September 19064 February 1981) was the 21st Chief Cashier of the 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 Kingdom of England, English Government's banker and debt manager, and still one ... from 1 March 1949 to 16 January 1955. Beale was born on 14 September 1906 and entered Bank service on 27 October 1924. He was succeeded as Chief Cashier by Leslie O'Brien. Bank of England. Retrieved 20 September 2014. Beale died on 4 February 1981. References 1906 births[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England £5 Note 1952
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. As 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 ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Cashier Of The Bank Of England
The Chief Cashier of the Bank of England is the person responsible for issuing Bank_of_England_note_issues, banknotes at the Bank of England and is the director of the divisions which provide the Bank of England's banking infrastructure. This person is known to the general public because since 1870 the Chief Cashier's signature is printed on all bank notes issued by the Bank of England. In 2004 a new post was created, Executive Director of Banking & Chief Cashier, incorporating the title. The post is currently held by Sarah John who was appointed in June 2018. She is the 33rd Chief Cashier since the Bank was founded in 1694. Responsibilities The position has the following responsibilities: * The security and effective operation of real-time gross settlement in the UK's high value payment systems (CHAPS and CREST (securities depository), CREST). * Along with the Bank's Sterling Markets Division they are also responsible for the provision of liquidity to the market and settlem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, 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. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leslie O'Brien, Baron O'Brien Of Lothbury
Leslie Kenneth O'Brien, Baron O'Brien of Lothbury (8 February 1908 – 24 November 1995) was Governor of the Bank of England. After attending Wandsworth School, Wandsworth Grammar School in London, he joined the Bank of England in 1927 and rose through the ranks, becoming Chief Cashier of the Bank of England, chief cashier in 1955, Deputy Governor of the Bank of England, deputy governor in 1966, before serving as governor from 1966 until 1973. As governor, O'Brien presided over the devaluation of the pound in 1967. He became a Knight Grand Cross of the Order of the British Empire in 1967 and was appointed to the Privy Council (United Kingdom), Privy Council in 1970. Following his retirement as governor in 1973 he was created a life peer as Baron O'Brien of Lothbury, of the City of London. He married firstly Isabelle Pickett (1908–1987) in 1932, and secondly Marjorie Taylor (born 1923) in 1989. He died in Tandridge, Surrey, in 1995. Arms Footnotes References * * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1906 Births
Events January–February * January 12 – Persian Constitutional Revolution: A nationalistic coalition of merchants, religious leaders and intellectuals in Persia forces the shah Mozaffar ad-Din Shah Qajar to grant a constitution, and establish a national assembly, the National Consultative Assembly, Majlis. * January 16–April 7 – The Algeciras Conference convenes, to resolve the First Moroccan Crisis between French Third Republic, France and German Empire, Germany. * January 22 – The strikes a reef off Vancouver Island, Canada, killing over 100 (officially 136) in the ensuing disaster. * January 31 – The 1906 Ecuador–Colombia earthquake, Ecuador–Colombia earthquake (8.8 on the Moment magnitude scale), and associated tsunami, cause at least 500 deaths. * February 7 – is launched, sparking a Anglo-German naval arms race, naval race between Britain and Germany. * February 11 ** Pope Pius X publishes the encyclical ''Vehementer Nos'', de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Cashiers Of The Bank Of England
Chief may refer to: Title or rank Military and law enforcement * Chief master sergeant, the ninth, and highest, enlisted rank in the U.S. Air Force and U.S. Space Force * Chief of police, the head of a police department * Chief of the boat, the senior enlisted sailor on a U.S. Navy submarine * Chief petty officer, a non-commissioned officer or equivalent in many navies * Chief warrant officer, a military rank Other titles * Chief ''x'' officer, a corporate title in the c-suite * Chief of the Name, head of a family or clan in Ireland and Scotland * Chief engineer, the most senior licensed mariner of an engine department on a ship, typically a merchant ship * Chief mate, or Chief officer, the highest senior officer in the deck department on a merchant vessel * Chief of staff, the leader of a complex organization * Fire chief, top rank in a fire department * Scottish clan chief, the head of a Scottish clan * Tribal chief, a leader of a tribal form of government * Chief, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1981 Deaths
Events January * January 1 ** Greece enters the European Economic Community, predecessor of the European Union. ** Palau becomes a self-governing territory. * January 6 – A funeral service is held in West Germany for Nazi Grand Admiral Karl Doenitz following his death on December 24. * January 10 – Salvadoran Civil War: The FMLN launches its first major offensive, gaining control of most of Morazán and Chalatenango departments. * January 15 – Pope John Paul II receives a delegation led by Polish Solidarity leader Lech Wałęsa at the Vatican. * January 20 – Iran releases the 52 Americans held for 444 days, minutes after Ronald Reagan is sworn in as the 40th President of the United States, ending the Iran hostage crisis. * January 21 – The first DeLorean automobile, a stainless steel sports car with gull-wing doors, rolls off the production line in Dunmurry, Northern Ireland. * January 24 – An earthquake of magnitude in Sichuan, China, kills 150 people. J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
