Midland Bank

Midland Bank Plc
Company typePublic limited company
IndustryFinancial services
PredecessorNorth of Scotland Bank Edit this on Wikidata
Founded22 August 1836 (1836-08-22)
Birmingham, England
DefunctJune 1999
FateAcquired by HSBC Holdings (1992), brand retired (1999)
SuccessorHSBC Bank Plc
Headquarters27 Poultry, London, EC2
ProductsBanking and insurance
ParentHSBC Holdings plc
Websitemidlandbank.co.uk archive

Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC. The bank was founded as the Birmingham and Midland Bank in Union Street, Birmingham, England in August 1836. It expanded in the Midlands, absorbing many local banks, and merged with the Central Bank of London Ltd. in 1891, becoming the London City and Midland Bank.

After a period of nationwide expansion, including the acquisition of many smaller banks, the name Midland Bank Ltd was adopted in 1923. By 1934, it was the largest deposit bank in the world. It was listed on the London Stock Exchange, and was once a constituent of the FTSE 100 Index, but in June 1992, it was taken over by HSBC Holdings plc, which phased out the Midland Bank name by June 1999 in favour of HSBC Bank.

On 10 June 2015, HSBC announced that it would be rebranding its branches in the United Kingdom. HSBC chairman Douglas Flint described the Midland brand as "odds on favourite" for a return to the high street.[3] In September 2015, it was announced that the Midland Bank name would not be revived, and the branch network in the United Kingdom would be branded "HSBC UK".[4]

  1. ^ "Midland Bank, Poultry". Know Your London. 23 November 2020. Archived from the original on 26 May 2023. Retrieved 26 May 2023.
  2. ^ "Midland Bank". Claxity. 10 June 2019. Archived from the original on 26 May 2023. Retrieved 26 May 2023.
  3. ^ Titcomb, James (12 June 2015). "Is this the new name for HSBC? Chairman says former brand Midland is 'odds-on favourite'". telegraph.co.uk. Telegraph. Archived from the original on 4 December 2015. Retrieved 3 December 2016.
  4. ^ Cartledge, James (3 September 2015). "No return for Midland Bank name, HSBC confirms". birminghammail.co.uk. Birmingham Mail. Retrieved 3 December 2016.

Midland Bank

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