Williams Deacon's Bank is now part of the Royal Bank of Scotland. It was acquired in 1930,[1] and had a large network of branches in the north-west of England. In 1970 it was integrated with Glyn, Mills & Co., The National Bank (which were part of the same group) to form Williams & Glyn's Bank.[2][3]
Contents |
This private bank was established as Raymond, Vere, Lowe & Fletcher in Cornhill, City of London, in 1771 and subsequently moved to Birchin Lane nearby. It traded any a number of names. In 1825 the bank stopped payment, following the collapse of Pole, Thornton & Co, bankers of City of London, and was reformed with new partners, as Williams, Deacon, Labouchere & Co, in 1826. In 1890 it was taken over by Manchester & Salford Bank Ltd of Manchester for which it had acted as London agent since 1836, to form Williams Deacon & Manchester & Salford Bank. The head office of the merged bank was established in Birchin Lane, City of London, in order to retain Williams, Deacon & Co’s membership of the London Clearing House.
The following brands were used during the bank's history.[4]
Williams Deacon’s, 1771-1970 (Manchester: privately published by Williams & Glyn’s Bank Ltd, 1971)