Economy of Birmingham - Banking, Insurance and Law

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.

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Famous quotes containing the words insurance and/or law:

    In taking out an insurance policy one pays for it in dollars and cents, always at liberty to discontinue payments. If, however, woman’s premium is a husband, she pays for it with her name, her privacy, her self-respect, her very life, “until death doth part.”
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    Without doubt God is the universal moving force, but each being is moved according to the nature that God has given it.... He directs angels, man, animals, brute matter, in sum all created things, but each according to its nature, and man having been created free, he is freely led. This rule is truly the eternal law and in it we must believe.
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