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Duncan Lawrie

From Wikipedia, the free encyclopedia
Small private bank in UK
Duncan Lawrie Ltd
Company typeLimited
IndustryPrivate banking,financial planning andwealth management
Founded1860
HeadquartersBelgravia,London,England,UK
ProductsWealth management – accounts,lending,savings
Number of employees
c 250
ParentCamellia Group
WebsiteOfficial website

Duncan Lawrie Limited, known simply as Duncan Lawrie, was a smallprivate bank with its head office inBelgravia, London. Founded in 1971, the bank offered a bespoke service, with an emphasis on a personal relationship, tohigh-net-worth individuals. It is in the process of winding down its operations.[1]

History

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The bank is now 100% owned by Camellia Plc, but it can trace its origins back to two Scottish businessmen, Alexander Lawrie and Walter Duncan, who travelled toCalcutta in the mid-19th century to make their fortunes as general merchants. Their businesses were merged in 1967.[2]

The bank has several offices across the United Kingdom, including a branch inBristol, a country estate inKent, and an international banking, investment and fiduciary business in theIsle of Man as well as its head office inBelgravia, London.[3]

Clientele

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While the bank places emphasis on confidentiality and never reveals its clientele, it is widely believed that numerous aristocrats, politicians, entrepreneurs and media figures hold accounts with the bank.[4]

Services

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Duncan Lawrie predominantly holds accounts forhigh-net-worth individuals. Along with daily banking requirements, Duncan Lawrie also offers Trust and Estate Planning, Financial Planning,Investment Management and International Services from their Isle of Man office. In 2005 the bank purchasedDouglas Deakin Young, and in 2007 it acquiredHill Martin andHill Martin Asset Management.

Charitable Support

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The Bank supplies financial services for several large charities.

References

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  1. ^"Camellia - Duncan Lawrie Limited".
  2. ^"BBA - British Bankers' Association - Duncan Lawrie Ltd". Archived fromthe original on 2007-10-28. Retrieved2009-03-29.
  3. ^"Home".
  4. ^"Vogue Magazine November 2008 (Vogue.com UK)". Archived fromthe original on 2008-12-04.

External links

[edit]
Barclays
HSBC Holdings
Lloyds Banking Group
NatWest Group1
Santander Group
Wholly state-owned
Challenger banks
Other retail
Other commercial
and private
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