- Drummonds Bank
-
Royal Bank of Scotland, Drummonds Branch 
Type Subsidiary Industry Private banking Founded 1717 Headquarters 49 Charing Cross
London SW1A 2DXProducts Wealth management Parent The Royal Bank of Scotland Group Plc Subsidiaries Holt's Military Banking Messrs. Drummond is an English private banking house founded in 1717 by goldsmith Andrew Drummond (1688–1769). Drummonds Bank was owned by the Drummond family until 1924, when it was taken over by the Royal Bank of Scotland in its first acquisition south of the border.
The bank offers a variety of services to its private clients, including wealth and asset management. It has had its headquarters at 49 Charing Cross in London since 1760. The building was reconstructed in 1877 to 1881; Admiralty Arch was built and the Mall laid out nearby shortly after.
In 1992, the private military bank of Holt & Company was absorbed into the Drummonds business; it continues to operate as Holt's Military Banking, based at the "Centre of Excellence" in Farnborough, Hampshire.[1] Drummonds maintains a specialised department for UK National Lottery winners, offering specialist advice through the client's account manager.[2]
The bank previously held accounts for a variety of distinguished figures including: HM King George III and other members of the royal family including the Queen Mother. Other famous clients included Alexander Pope, Benjamin Disraeli, Beau Brummell, Isambard Kingdom Brunel, Robert Adam and James Adam, Lancelot “Capability” Brown, Josiah Wedgwood and Thomas Gainsborough.[3]
Coordinates: 51°30′25″N 0°07′40″W / 51.5070°N 0.1279°W
See also
The Royal Bank of Scotland also own three other private banks:
- Adam and Company
- Child & Co.
- Coutts & Co.
References
- ^ RBS: The Archive Guide - Holt & Co
- ^ Kay, John (2006-01-19). "Lotto winners get looted". London: The Sun. http://www.thesun.co.uk/sol/homepage/news/article34901.ece. Retrieved 2009-09-23.
- ^ "In a rich man's world". The Spectator. 2008-11-08. http://www.exacteditions.com/exact/browse/5/2/4470/3/70?dps=. Retrieved 2009-09-23.
Royal Bank of Scotland Group Banking: Adam & Company · Child & Co. · Citizens Bank · Coutts & Co. · Drummonds Bank · First Active · Isle of Man Bank · Mint · National Westminster Bank · Royal Bank of Scotland · Royal Bank of Scotland International · The One account · Ulster Bank · X-iteInsurance and Motoring: Churchill Insurance · Devitt Insurance · Direct Line · Finsure · Green Flag · Jamjarcars · Lombard Direct · NIG · Privilege · Tracker · UKI PartnershipsCorporate and Payment Services: RBS Aviation Capital · RBS Securities · RBS WorldPayAnnual Group Revenue: £25.8 billion GBP (
£24.1 billion FY 2008) · Employees: 199,500 · Stock Symbol: LSE: RBS · Website: www.rbs.comTrafalgar Square, London Buildings Clockwise from North: National Gallery (architect: William Wilkins) · St Martin-in-the-Fields (James Gibbs) · South Africa House (Herbert Baker) · Drummonds Bank (Philip Hardwick) · Admiralty Arch (Aston Webb) · Uganda House · Canadian Pacific building · Canada House (Robert Smirke) ·
Memorials Nelson's Column (William Railton, Edward Hodges Baily) · Charing Cross · See all
Architects Charles Barry · Norman Foster · Edwin Lutyens · John Nash
Fourth plinth sculptors Former buildings Events Adjacent streets Categories:- Companies established in 1717
- Companies established in the 18th century
- Private banks
- Royal Bank of Scotland Group
- 1717 establishments in England
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