Gurney's bank was a family-run bank founded by members of the Gurney family in 1770 and headquartered in Norwich, England. It merged into Barclays Bank in 1896.
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👉 Gurney's Bank in the context of Barclays
Barclays PLC (/ˈbɑːrkliz/, occasionally /-leɪz/) is a British multinational universal bank, headquartered in London, England. Barclays operates as five divisions: the UK Consumer Bank, UK Corporate Bank, Private Bank and Wealth Management (PBWM), Investment Bank, and the US Consumer Bank.
Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008.
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Gurney's Bank in the context of Backhouse's Bank
Backhouse's Bank of Darlington (James & Jonathan Backhouse and Co., from 1798 Jonathan Backhouse and Co.) was founded in 1774 by James Backhouse (1720–1798), a wealthy Quaker flax dresser and linen manufacturer, and his sons Jonathan (1747–1826) and James (1757–1804).
Jonathan Backhouse succeeded his father as senior partner, and was in turn succeeded by his son, also named Jonathan (1779–1842), his grandson Edmund Backhouse, Member of Parliament for Darlington, and his great-grandson Sir Jonathan Edmund Backhouse. Under Sir Jonathan's management Backhouse's Bank merged in 1896 with Gurney's Bank of Norwich and Barclays of London and others to form what is now Barclays Bank.