Banking, Insurance and Law
Birmingham has over 500 law firms, and has a number of insurance companies. The city attracts over 40% of the UK's total conference trade. Two of Britain's "big four" banks were founded in Birmingham: Lloyds Bank (now Lloyds Banking Group) was established in the city in 1765 and The Midland Bank (now HSBC Bank plc) opened in Union Street, in August 1836.
Read more about this topic: Economy Of Birmingham
Famous quotes containing the words insurance and/or law:
“Women hock their jewels and their husbands’ insurance policies to acquire an unaccustomed shade in hair or crêpe de chine. Why then is it that when anyone commits anything novel in the arts he should be always greeted by this same peevish howl of pain and surprise? One is led to suspect that the interest people show in these much talked of commodities, painting, music, and writing, cannot be very deep or very genuine when they so wince under an unexpected impact.”
—John Dos Passos (1896–1970)
“The law cannot be enforced when everyone is an offender.”
—Chinese proverb.