Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold.
Read more about Banking In The United Kingdom: 17th Century, 18th Century, 19th Century, 20th Century, 21st Century
Famous quotes containing the words banking, united and/or kingdom:
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—William Howard Taft (1857–1930)
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—Bible: New Testament, Mark 3:24,25.