Richards and Co (of Langollen)
1854 Established in Llangollen by brothers Charles and Watkin Richards. The Richards saw the requirement for a local bank to serve the needs of the industries developing in the district and asked North and South Wales Banking Co to open a branch in Llangollen. Their approach was rebuffed and in 1854 the Richards instead opened an agency account with a London bank, Price, Marryat and Co, and established their own bank under the style of Richards & Co, the last private bank formed in North Wales. The bank was also known as Llangollen Bank and from 1863 as Llangollen Old Bank.
1884 Charles Richards died; Watkin Richards died c.1900; they were succeeded by Charles Richards’ sons, Charles Watkin Richards and Richard Septimus Richards.
Richard Richards was later succeeded by his two sons, Sydney Charles Richards and Richard Watkin Richards.
1920 Acquired by National Provincial and Union Bank of England
See Also
Sources of Information
- [1] Nat West Heritage