Who is barclays bank owned by

Sign up. New member. English USA. English UK. English Canada. Deutsch Deutschland. Deutsch Schweiz. Nederlands Nederland. Latest News. Listed companies. Sector News. All Analysis. Stock Picks. All stock picks. My Portfolio. My Watchlists. Investment style. The foundation of its activities can be traced back to April in the City of London. John Freame and Thomas Gould, both Quakers, started a partnership as goldsmiths.

At this time goldsmiths acted as bankers giving loans to merchants and businessmen for this was the very earliest stages of private banking in England. This partnership was the start of several generations of fluctuating partners drawn from complex family relationships and careful marriages.

In , John Freame's son-in-law, James Barclay, became a partner in the private bank. It is his name which is the origin of the bank's name. The 'Barclay' names entered the business in when James Barclay, who had married John Freame's daughter Sarah, joined the partnership and his name took precedence.

Other north-eastern banks that joined the Barclays Group soon after were Woods and Company of Newcastle founded , Swaledale and Wensleydale Banking Company founded c. Barclays opened its first corporate banking office at Belfast in , intended to provide services to local, British and international customers. Barclays opened a state-of-the-art computer centre in Wythenshawe, Manchester in It served branches across the north of England, managing more than 2.

The first member of the Barclay family to be involved in banking was James Barclay, the son of a Scotsman. John Freame was also a partner in a banking business which had developed from his trade and which began operating from the Lombard Street premises in In James became a partner in this firm, from which Barclays Bank Plc traces its origins.

Barclays was first represented in Kent with the opening of a branch in Tunbridge Wells in around The Bank's agent was John Nash who also ran the library and post office. The Consolidated Bank was a combination of a number of Cornish banks and had come into being between Not too far away, the bank of Lock, Hulm and Co was established in Pembroke in , and had also opened a branch in Tenby before it was taken over by the Bank of Wales in Barclays first entered Yorkshire directly from onwards, but had been acting as London agents for a number of Yorkshire banks before this e.

A number of the constituent Yorkshire banks go back to the lateth century, the earliest of these being Pease and Co. Barclays business can be traced back to two Quakers called John Freame and Thomas Gould, who established themselves as goldsmith bankers in Lombard Street in the City of London in Their business flourished, helped in no small part by its Quaker connections.

They financed Quaker traders in the new colonies in America and the Caribbean, they helped to finance the Pennsylvania Land Company, and they were actively involved in Quaker-dominated companies like the London Lead Company and the Welsh Copper Company.

The latter produced silver as a by-product, which Freame and Gould sold to the Royal Mint. They were also the closest thing the Quakers had to an official banker, holding the Society Of Friends' central funds known as the national stock. Beyond his bank, John Freame was a very well-respected and influential character. He served as clerk to the Yearly Meeting the Quakers' annual gathering attended by local representatives from all over the country , and published a book called 'Scripture Instruction' which was used in Quaker schools.

If your bank went under, the level of compensation for lost savings would depend on who owns the brand. For example, Halifax and Saga are both owned by Bank of Scotland, so the limit on compensation for lost savings in all three is the same as for one brand. Find out who owns your bank by searching the menu above. What is FSCS protection?