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Who Owns Who? – Banks and Savings

Category: Savings
Date: 19 May 2009

Who Owns Who? – Banks and savings

The following list covers the main UK banks and some of the main overseas banks operating in the UK , as well as banking and savings brands. This shows you which brands operate under which firm's FSA authorisation, which defines how much your savings are protected by the Financial Services Compensation Scheme. Your cash deposits are protected up to £50,000 per institution, not per account, so it's a good idea to understand who is actually operating your account to make sure you are getting the maximum protection.

We've set out who else operates under the same FSA licence so you can easily see who is linked to whom for compensation.

And its not just about who owns which brands as some companies offering savings plans, like Norwich Union and Virgin for example, just have commercial relationships with banks to offer these services.

Note: Those banks marked with ‘EEA' are incorporated in Europe, Norway , Iceland , Lichtenstein or Gibraltar (The European Economic Area). They may not offer the full £35,000 of protection but some have opted to so. The list of those that have topped-up their protection is here : http://www.fscs.org.uk/consumer/how_to_claim/deposits/eea_firms_that_have_topped_up/

Name

Owned by

Who's Deposit taking (Banking) Licence ?

Linked for Compensation Scheme purposes.

AA Financial Services

Centrica

Bank of Scotland plc

Bank of Scotland
Birmingham Midshires Solutions
Halifax
Intelligent Finance
Norwich Union
Saga

Abbey

Banco Santander Central Hispano

Abbey National plc

Cahoot
Bradford & Bingley
ASDA

Alliance & Leicester

Banco Santander Central Hispano

Alliance & Leicester plc

none

Allied Irish Bank (GB)

Allied Irish Bank plc

AIB Group (UK) plc

First Trust Bank

Anglo Irish Bank

Anglo Irish Bank Corporation plc

Anglo Irish Bank Corporation plc (EEA)

none

ASDA

Wallmart Corporation

Abbey National plc

Tunbridge Wells Equitable Friendly Society Limited (for children's account)

Bradford & Bingley
Abbey
Cahoot

Bank of Cyprus

Bank of Cyprus Public Company Limited

Bank of Cyprus Public Company Limited (EEA)

none

Bank of Ireland (NI)

Bank of Ireland Group

The Bank of Ireland (EEA)

Bank of Ireland GB
Bristol & West
Post Office Financial Services

Bank of Ireland GB

Bank of Ireland Group

The Bank of Ireland (EEA)

Bank of Ireland (NI)
Bristol & West
Post Office Financial Services

Bank of Scotland

Lloyds Banking Group

Bank of Scotland plc

AA Financial Services
Birmingham Midshires Solutions
Halifax
Intelligent Finance
Norwich Union
Saga

Barclays Bank

Barclays Bank plc

Barclays Bank plc

none

Birmingham Midshires Solutions

Lloyds Banking Group

Bank of Scotland plc

AA Financial Services
Bank of Scotland
Halifax
Intelligent Finance
Norwich Union
Saga

Bradford & Bingley

Banco Santander Central Hispano

Abbey National plc

ASDA
Abbey
Cahoot

Bristol & West International

Bank of Ireland (IOM) Ltd, part of Bank of Ireland Group

The Bank of Ireland (EEA)

Bank of Ireland (NI)
Bank of Ireland GB
Post Office Financial Services

Butterfield Private Bank

The Bank of N.T.Butterfield & Son Limited

Butterfield Bank (UK) Ltd

none

C Hoare & Co

C Hoare & Co

C Hoare & Co

none

Cahoot

Banco Santander Central Hispano

Abbey National plc

Abbey

Capital One Savings

Capital One Financial Corporation

Capital One Bank ( Europe ) plc.

none

Cater Allen Private Bank

Banco Santander Central Hispano

Cater Allen Ltd

none

Cheltenham & Gloucester

Lloyds Banking Group

Lloyds TSB Bank plc

Lloyds TSB

Citibank

Citigroup Inc.

Citibank International plc

none

Close Brothers

Close Brothers

Close Brothers Ltd

none

Clydesdale Bank

National Australia Bank Group

Clydesdale Bank plc

Yorkshire Bank

Co-operative Bank

Co-operative Group

Co-Operative bank plc

Smile

Coutts & Co

Royal Bank of Scotland Group plc

Coutts & Co

none

Direct Line

Royal Bank of Scotland Group plc

Royal Bank of Scotland plc

Royal Bank of Scotland
Virgin Money

Egg

Citigroup Inc.

Egg Banking plc

none

Fairbairn Private Bank

Old Mutual plc

Fairburn Private Bank (IOM) Ltd (EEA)

none

FBN Bank

FBN Bank (UK) Limited

FBN Bank (UK) Limited

FirstSave

First Direct

HSBC Bank plc

HSBC Bank plc

HSBC

First Trust Bank

Allied Irish Bank plc

AIB Group (UK) plc

First Trust Bank (NI)
Allied Irish Bank (GB)

First Trust Bank (NI)

Allied Irish Bank plc

AIB Group (UK) plc

First Trust Bank
Allied Irish Bank (GB)

FirstSave

FBN Bank (UK) Limited

FBN Bank (UK) Limited

FBN Bank

Halifax

Lloyds Banking Group

Bank of Scotland plc

AA Financial Services
Bank of Scotland
Birmingham Midshires Solutions
Intelligent Finance
Norwich Union
Saga

HSBC

HSBC Bank plc

HSBC Bank plc

First Direct

ICICI

ICICI Bank Ltd

ICICI Bank UK Ltd

none

ING Direct

ING Direct NV, part of ING (International Netherlands Group)

ING Direct NV (EEA)

none

Intelligent Finance

Halifax plc, part of HBOS

Bank of Scotland plc

AA Financial Services
Bank of Scotland
Birmingham Midshires Solutions
Halifax
Norwich Union
Saga

Investec Bank (UK)

Investec Private Bank

Investec Bank (UK) Ltd

none

Isbank

Turkiye Is Bankasi as

Turkiye Is Bankasi as

none

Julian Hodge

Julian Hodge Bank

Julian Hodge Bank Ltd

none

Laiki Bank

The Cyprus Popular Bank Public Company Ltd

Marfin Popular Bank Public Company Ltd (EEA)

none

Lloyds TSB

Lloyds Banking Group

Lloyds TSB Bank plc

Cheltenham & Gloucester

London Scottish Bank

London Scottish Bank plc

London Scottish Bank plc

none

Marks & Spencer Money

Marks and Spencer Group plc

Marks & Spencer Financial Services plc

none

National Savings

An executive agency of the Chancellor of the Exchequer.

n/a

none

NatWest

Royal Bank of Scotland Group plc

National Westminster Bank plc

none

Northern Bank

Danske Bank Group

Northern Bank Limited

Northern Bank NI

Northern Bank NI

Danske Bank Group

Northern Bank Limited

Notrhern Bank

Northern Rock

Northern Rock plc

Northern Rock plc

none

Norwich Union

Aviva plc

Bank of Scotland plc

AA Financial Services
Bank of Scotland
Birmingham Midshires Solutions
Halifax
Intelligent Finance
Norwich Union
Saga

Post Office Financial Services

Royal Mail Group plc

The Bank of Ireland (EEA)

Bank of Ireland (NI)
Bank of Ireland GB
Bristol & West

Royal Bank of Scotland

Royal Bank of Scotland Group plc

Royal Bank of Scotland plc

Direct Line
Virgin Money

Ruffler Bank

Ruffler Holdings Limited

Ruffler Bank plc

none

S G Hambros Bank (Gibraltar)

Société Générale Group

Société Générale (EEA)

Post Office Financial Services

Saga

Saga Limited

Bank of Scotland plc

AA Financial Services
Bank of Scotland
Birmingham Midshires Solutions
Halifax
Intelligent Finance
Norwich Union

Sainsbury's Bank

Sainsbury's Bank plc (50% owned by Bank of Scotland, a subsidiary of Lloyds Banking Group, and 50% by J Sainsbury plc)

Sainsbury's Bank

none

Scottish Widow's Bank

Lloyds Banking Group

Scottish Widows Bank plc

none

Secure Trust Bank

Arbuthnot Banking Group plc

Secure Trust Bank plc

none

Smile

Co-operative Group

Co-Operative bank plc

Co-Operative Bank

Standard Bank

Standard Bank Group

Standard Bank plc

none

Standard Life Bank

Standard Life Assurance Limited, part of Standard Life plc

Standard Life Bank Ltd

none

Tesco Personal Finance

A joint venture between the Royal Bank of Scotland plc and Tesco plc.

Tesco Personal Finance Limited

none

Triodos Bank

Triodos Bank NV

Tridiosbank NV (EEA)

none

Turkish Bank

Turkish Bank Limited

Turkish Bank (UK) Ltd

none

Ulster Bank Limited

Royal Bank of Scotland Group plc

Ulster Bank Limited

none

United Trust Bank

United Trust Bank Limited

United Trust Bank Limited

none

Virgin Money

Virgin Group

Royal Bank of Scotland plc

Direct Line
Royal Bank of Scotland

Wesleyan Savings Bank

Wesleyan Savings Bank Ltd

Wesleyan Bank Limited

none

Whiteaway Laidlaw Bank

Manchester Building Society Group

Whiteaway Laidlaw Bank Limited

none

Yorkshire Bank

National Australia Bank Group

Clydesdale Bank plc

Clydesdale Bank

 

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