Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 132,188 pages of information and 209,710 images on early companies, their products and the people who designed and built them.

Union of London and Smiths Bank

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1839 Joint stock bank established at 8 Moorgate Street, City of London, as Union Bank of London

1841 Acquired the business and premises of Metropolitan Bank (est. 1839), bankers of London.

Several branches were opened in London and the head office was moved to Princes Street, City of London, in 1844.

1859 Acquired Dixon, Brooks and Dixon

1860 The company was severely undermined by a £250,000 fraud.

1882 Assumed limited liability status.

1887 a new head office building was erected in Princes Street.

1891 Acquired Chasemore, Robinson and Sons

1900 Acquired London, Commercial and Cripplegate Bank.

By 1902 there were 24 branches in London and its suburbs.

1902 the bank amalgamated with Smith, Payne and Smiths and its country connections: Samuel Smith and Co of Nottingham; Smith, Ellison and Co of Lincoln; Samuel Smith, Brothers and Co of Hull; Samuel Smith and Co of Derby; and Samuel Smith and Co of Newark. The new bank was called Union of London and Smiths Bank Ltd.

1903 Acquired Wigan, Mercer, Tasker and Co of Maidstone; London and Yorkshire Bank; and Prescott's Bank of London.

1918 the bank amalgamated with National Provincial Bank of England to form National Provincial and Union Bank of England.


See Also

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Sources of Information

  • [1] RBS Heritage