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Byrom, Allen, Sedgwick and Place, also known as the Manchester Bank, was the first bank to be established in Manchester, England. It was founded on 2 December 1771 in Bank Street. [1] The founders were Edward Byrom, William Allen, Roger Sedgwick, and Edward Place. Place left the bank after a few months to take up other business interests.
The National Provincial was the first bank to be considered a truly national bank with twenty branches across England and Wales. In 1844 the government introduced the Bank Charter Act 1844 ( 7 & 8 Vict. c. 32) to regulate the issuing of bank notes.
The Co-operative Bank: 1872 Manchester, England 25.5 [16] ... FCMB Bank (UK) Limited First City Monument Bank: ... JN Bank UK Ltd The Jamaica National Group
Collage for banknote design, Bank of Manchester (England), 1833. On display at the British Museum in London. Manchester's first bank was the Manchester Bank of Byrom, Allen, Sedgwick and Place on Bank Street in 1771. [1] Over the next century many new banks were founded. They built impressive buildings in the city.
The Manchester and Liverpool District Bank was formed in 1829 and it became one of the leading provincial joint stock banks; its name was shortened to District Bank in 1924. The Bank was acquired by the National Provincial Bank in 1962 but kept its identity until the latter’s merger with Westminster Bank. [1]
The first bank to hold its own reserves of notes and coins was the Bank of Manchester which opened on Market Street in 1829. Next was the Manchester & Liverpool District Bank on Spring Gardens in 1832, followed by many others in the same area around Spring Gardens, Fountain Street and King Street which became the Central Business District and ...
Several more small country banks were later acquired and the Bank’s name was shortened to Prescott & Co. in 1903, shortly before its acquisition by the Union Bank. The National Provincial Bank eventually acquired the Union of London and Smith’s Bank in 1918. [10] The enlarged bank was renamed the National Provincial and Union Bank of England.
Benjamin Heywood was born on 12 December 1793 in St Ann's Square, Manchester. He was the grandson of Thomas Percival, the son of Nathaniel Heywood and Ann Percival, the brother to Thomas Heywood and James Heywood, and the nephew to Samuel Heywood. He lived at "Claremont" to the north west of the city centre in Irlams o' th' Height. [1]