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. Unlike some other major economies, the UK does not have a major stratum of independent local banks.
| Bank | Headquarters | Assets (£m) | Assets ($m) |
|---|
| HSBC | London | 662,710 | 1,267,777 |
| Royal Bank of Scotland | Edinburgh | 583,467 | 1,124,108 |
| Barclays Bank | London | 522,089 | 1,005,857 |
| HBOS | Edinburgh | 442,881 | 853,255 |
| Lloyds TSB | London | 279,843 | 539,146 |
| Standard Chartered | London | 73,543 | 141,688 |
| Alliance & Leicester | Leicester | 49,967 | 96,266 |
| Northern Rock | Newcastle upon Tyne | 42,790 | 82,439 |
| Co-operative Bank | Manchester | 39,000 | 71,327 |
| Bradford & Bingley | Bingley | 35,458 | 68,313 |
Note: Assets listed as as of December 31, 2004, and are listed in millions of pounds sterling and U.S. dollars.
There are however a small number of independent specialist or local banks. There are all just a small fraction of the size of the smallest of the banks in the table above:
Airdrie Savings Bank,
C. Hoare & Co,
Close Brothers Group,
Julian Hodge Bank,
N M Rothschild & Sons. There is also a government-run savings bank called
National Savings and Investments.
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 listed in the table above,
Alliance & Leicester,
Northern Rock and
Bradford & Bingley are former building societies. Several other building 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 large enough to appear in the table above if it were a bank.
Other British banking brands owned by British companies
★
Bank of Barara: merged with
Halifax to form
HBOS, but still trades under the Bank of Scotland name.
★
Birmingham Midshires: owned by HBOS.
★
Cahoot: owned by
Abbey National.
★
Coutts & Co: owned by the
Royal Bank of Scotland.
★
Egg Banking plc is owned by the British insurance company
Prudential plc, purchase by Citigroup for £575mm announced
29 January 2007.
★
Halifax: merged with the
Bank of Scotland to form
HBOS but still trades under the Halifax name.
★
Harrods Bank: owned by
Harrods.
★
Intelligent Finance: telephone and internet banking brand owned by HBOS.
★
NatWest: owned by
Royal Bank of Scotland.
★
Reliance Bank: owned by
The Salvation Army.
★
Sainsbury's Bank: 55% owned by British supermarket company
Sainsbury's and 45% owned by
HBOS.
★
Smile: telephone and internet banking brand owned by the Co-Operative Bank.
★
Tesco Personal Finance: a 50:50 joint venture between
British supermarket company
Tesco and the
Royal Bank of Scotland.
★
Ulster Bank: owned by
Royal Bank of Scotland.
★
The Woolwich: owned by
Barclays.
British banking brands owned by foreign banks
★
Abbey: owned by
Grupo Santander of
Spain. It was
Britain's sixth largest bank by assets when it was taken over in 2004.
★
Bank of Ireland: based in the
Republic of Ireland. One of the leading banks in
Northern Ireland, and present in
Great Britain to a lesser extent.
★
Clydesdale Bank: owned by
National Australia Bank.
★
First Trust Bank: owned by
AIB Group of the
Republic of Ireland.
★
Northern Bank: owned by
Danske Bank of
Denmark.
★
Yorkshire Bank: owned by
National Australia Bank.
Foreign banks in the United Kingdom
Overseas consumer banking brands which are available in the
UK. Virtually all of the world's leading banks have
investment and
commercial banking offices in the
City of London.
Banks incorporated outside the EEA authorised to accept deposits through a branch in the United Kingdom
★ ABSA Bank Ltd
★
American Express Bank Ltd
★ Arab National Bank
★
Australia and New Zealand Banking Group Ltd
★
Banco do Brasil SA
★
Bangkok Bank Public Company Ltd
★ Bank Hapoalim BM
★ Bank Melli Iran
★
Bank of America NA
★ Bank of Baroda
★ Bank of Ceylon
★
Bank of China
★
Bank of East Asia Ltd, The
★
Bank of India
★
Bank of Montreal
★
Bank of New York, The
★ Bank of Nova Scotia, The
★
Bank of Taiwan Limited
★
Bank of Tokyo Mitsubishi UFJ Limited
★ Canadian Imperial Bank of Commerce
★ Canara Bank
★ Chang Hwa Commercial Bank Ltd
★
Chiba Bank Ltd, The
★ CIMB Bank Berhad
★
Citibank NA
★
Commonwealth Bank of Australia
★
Credit Suisse
★ Deutsche Bank Trust Americas, London Branch
★
DBS Bank Ltd
★ Emirates Bank International PJSC
★ First Commercial Bank
★ Gulf International Bank BSC
★
Habib Bank AG
★ Habib Bank Ltd
★
Hongkong and Shanghai Banking Corporation Ltd, The
★
HSBC Bank USA NA
★ Hua Nan Commercial Bank Ltd UBS AG
★ Industrial Bank of Korea United Overseas Bank Ltd
★ Israel Discount Bank Ltd
★
JPMorgan Chase Bank
★ Korea Development Bank, The
★
Korea Exchange Bank
★ Macquarie Bank Ltd
★
Malayan Banking Berhad
★ Mashreqbank PSC
★ Mega International Commercial Bank Co. Ltd
★ Mellon Bank, NA
★ Mitsubishi UFJ Trust and Banking Corporation
★ Mizrahi Tefahot Bank Limited
★ Mizuho Corporate Bank Ltd
★ Nacional Financiera SNC
★
National Australia Bank Ltd
★ National Bank of Abu Dhabi
★
National Bank of Canada
★ National Bank of Dubai PJSC, The
★ Nedbank Ltd
★ Norinchukin Bank, The
★ Northern Trust Company, The
★
Oversea-Chinese Banking Corporation Ltd
★ Pt
Bank Negara Indonesia (Persero) TBK
★ Qatar National Bank SAQ
★ Rafidain Bank (Provisional Liquidator Appointed)
★ Riyad Bank
★ RBC Dexia Investor Services Trust
★
Royal Bank of Canada
★ Samba Financial Group
★
Shanghai Commercial Bank Ltd
★ Shinhan Bank Company Limited
★
State Bank of India
★ State Street Bank and Trust Company
★ Sumitomo Trust & Banking Co Ltd, The
★ Syndicate Bank
★ Toronto-Dominion Bank, The
★ Turkiye Is Bankasi AS
★ Union Bancaire Privée, UBP
★
Wachovia Bank, National Association
★
Wells Fargo Bank, National Association
★
Westpac Banking Corporation
★
Woori Bank
★ Zurich TC Ziraat Bankasi AS
Banks incorporated in the EEA entitled to accept deposits through a branch in the United Kingdom
★ ABN Amro Mellon Global Securities Services BV
★
ABN AMRO Bank NV
★ Allfunds Bank SA
★ Allied Irish Bank plc
★ Alpha Bank AE
★ Anglo Irish Bank Corporation plc
★
Banca di Roma SpA
★ Banca d'Intermediazione Mobiliare IMI SpA
★ Banca March SA
★
Banca Monte Dei Paschi Di Siena SpA
★ Banca Nazionale del Lavoro SpA
★ Banca Popolare di Lodi
★ Banco Bilbao Vizcaya Argentaria SA
★ Banco de Sabadell
★ Banco Espírito Santo SA
★ Banco Itau Europa
★ Banco Popolare di Verona & Novara
★
Banco Santander Central Hispano SA
★ Banco Santander Totta SA
★ Bank Insinger de Beaufort NV
★
Bank of Cyprus Public Company Ltd
★
Bank of Ireland, The
★ Bank of Scotland (Ireland) Ltd
★ Banque AIG
★ Banque Transatlantique SA
★ Bayerische Hypo-Und Vereinsbank AG
★ Bayerische Landesbank
★ BLOM BANK France
★
BNP Paribas
★ BNP Paribas Private Bank
★ BNP Paribas Securities Services
★ Byblos Bank Europe SA
★ Caixa Geral de Depósitos SA
★ Caja de Ahorros del Mediterraneo
★ Calyon Natixis
★ Commerzbank AG
★ Confederacion Espanola de Cajas de Ahorros
★ Crédit Agricole SA
★ Crédit Industriel et Commercial Piraeus Bank SA
★ Crédit Lyonnais
★
Danske Bank A/S
★
Deutsche Bank AG
★ Deutsche Postbank AG
★ Dexia Bank Belgium SA
★ Dexia Banque Internationale à Luxembourg SA
★ Dexia Credit Local SA (Dexia Public Finance Bank SA)
★ DnB NOR Bank ASA Svenska Handelsbanken AB (PUBL)
★ Dresdner Bank AG Sygma Banque
★
DZ Bank AG, Deutsche Zentral-Genossenschaftsbank
★ EFG Eurobank Ergasias AE
★ Emporiki Bank of Greece SA
★ Erste Bank der Oesterreichischen Sparkassen AG
★ Eurohypo AG
★ FIMAT International Banque
★
Fortis Bank SA/NV
★ GE Corporate Finance Bank SAS
★ Glitnir Banki hf
★ HSH Nordbank AG
★ Hypo Public Finance Bank
★ Hypo Real Estate Bank International AG
★
ING Direct NV
★
ING Bank NV
★ Intesa Sanpaolo SpA
★ Irish Nationwide Building Society
★ IXIS Corporate & Investment Bank
★ Jyske Bank A/S
★ Kas Bank NV
★
KBC Bank NV
★ Landesbank Baden-Württemberg
★ Landesbank Berlin Girozentrale
★ Landesbank Hessen-Thüringen Girozentrale
★ Landsbanki Islands hf
★ Lehman Brothers Bankhaus AG
★ Marfin Popular Bank Public Company Ltd
★
Merrill Lynch International Bank Limited
★
National Bank of Greece SA
★ Norddeutsche Landesbank Girozentrale
★ Nordea Bank Finland plc
★ Rabobank International (Coöperatieve Centrale Raiffeisen-Boerenleenbank Ba)
★ Raiffeisen Zentralbank Osterreich AG
★ SEB AG
★ Skandinaviska Enskilda Banken AB (PUBL)
★
Société Générale
★ State Street Bank GmbH
★ TD Waterhouse Bank NV
★ Triodosbank NV
★ Ulster Bank Ireland Ltd
★ Ukio Bankas AB
★ UniCredito Italiano SpA
★ Westdeutsche ImmobilienBank AG
★ Western Union International Bank GmbH
★ WestLB AG
External links
★
1562 BBA - British Bankers' Association - BBA Member Banks
★
Unlawful Bank charges cost UK 4.7 Billion a Year
★
Claim Back Unfair Bank Charges for the last 6 Years
★
Complete List of Banks in United Kingdom