Bank of London | RBS Heritage Hub

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Bank of London

Bank of London's Threadneedle Street banking hall in the 1890s, after the bank had been taken over by Consolidated Bank © RBS 2016


Bank of London (1855-1866) was a past constituent of NatWest.


Brief history

This joint stock bank was established in London in 1855 with a paid-up capital of £400,000. The bank had offices in Threadneedle Street and West Strand. In 1866 the bank experienced serious difficulties, in part caused by default on a large customer loan. The bank was acquired by Consolidated Bank in 1866. Errors were subsequently discovered in Bank of London’s balance sheet, forcing Consolidated Bank temporarily to stop payment. 


Published histories

  • LH Grindon, Manchester Banks and Bankers (Manchester: Palmer & Howe, 1878)
  • FG Hilton Price, A Handbook of London Bankers (London: Chatto & Windus, 1876)


Summary of our archive holdings

Our archival records of Bank of London have the reference code BLO.

For help understanding words used here, check our glossary of banking record types.

  • engraving of banking hall 1855
  • staff rule book 1865
  • cheque 1866
  • draft liquidation agreement 1867
  • amalgamation agreement 1866
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