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Banks of the United Kingdom

Contents

Independent British banks

The table shows the main independent British banks. The list is quite short as British banking has been highly consolidated since the early 20th century.

BankHeadquartersAssets 31.12.04 (£'m)Assets 31.12.04 ($'m)
HSBCLondon662,7101,267,777
Royal Bank of ScotlandEdinburgh583,4671,124,108
Barclays BankLondon522,0891,005,857
HBOSEdinburgh442,881853,255
Lloyds TSBLondon279,843539,146
Standard CharteredLondon73,543141,688
Alliance & LeicesterLeicester49,96796,266
Northern RockNewcastle42,79082,439
Bradford & BingleyBingley35,45868,313

The other main class of consumer financial service organisation in the United Kingdom is the building society, but the building society sector is much smaller than it used to be as most major building societies demutualised in the 1980s and 1990s. Halifax (now part of HBOS) and Abbey National (now foreign owned) were the two largest building societies. Of the banks on in the table above, Alliance & Leicester, Northern Rock and Bradford & Bingley are former building societies. Several other buildings societies were taken over after they demutualised. See the building society article for a list of the largest remaining building societies. Only the Nationwide is larger than any of the banks in the table above.

British banking brands owned by British companies

British banking brands owned by foreign banks

Foreign banks in the United Kingdom

Overseas consumer banking brands which are available in the UK include ING Direct and some Citibank products.

Virtually all of the world's leading banks have investment and commercial banking offices in the City of London.

03-10-2013 05:06:04
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