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In 2013 the division was restructured to work more closely with retail and corporate banking divisions. It serves affluent and high net worth clients through offices across the UK, offering personalised banking, credit, investment management and wealth planning services. [1] As of 2013, reported client assets were £202.8 billion. [2]
BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is an American national bank that is headquartered in Chicago, Illinois.It is the U.S. subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation).
In 1770 they entered into partnership and formally established Gurney's Bank at 35 Tooley Street (now Pitt Street) in Norwich. [4] When Henry died in 1777, he was succeeded by his son Bartlett (1756–1802), [4] who also took over his uncle John's responsibilities and moved the banking business to Redwell Plain (now Bank Plain), Norwich. [5]
The bank operated in that capacity until 2000, when Barclays Bank Seychelles Limited was incorporated. In 2006, the bank served approximately 35,000 customers, through 5 branches, 7 ATMs and 130 members of staff. In 2013, the bank became a member of Barclays Africa Group, in which Barclays Plc had a 62.3 percent majority shareholding. [6]
Barclays Bank Ltd v W J Simms, Son and Cooke (Southern) Ltd [1980] 1 QB 677, [1979] 3 All ER 522 was a decision of the High Court of Justice relating to the recovery of a payment mistakenly made by a bank after the customer had countermanded the cheque. [1]
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