In the banking, insurance, fund management & financial markets industry some names have vanished, due to merger and acquisition. Here is a snapshot of a few famous names that no longer exist.
Smith New Court:Acquired by Merril Lynch
Mercury Asset Management:Acquired by Merril Lynch
Merril Lynch:Acquired by Bank of America
James Capel:Acquired by HSBC
National Westminster Bank:Acquired by Royal Bank of Scotland
Schroders Investment Bank:Acquired by Solomon Smith Barney
Midland Bank:Acquired by HSBC
William & Glyns Bank:Acquired by The Royal Bank of Scotland
SG Warburg:Acquired by UBS
Dillon Read:Acquired by Swiss Bank Corporation
Swiss Bank Corporation:Acquired by UBS
Philips & Drew:Acquired by UBS
Barings Bank:Acquired by ING
Adam & Co:Acquired by Royal Bank of Scotland
Morgan Grenfell:Acquired by Deutsche Bank
Murray Johnstone:Acquired by Aberdeen Asset Management
Edinburgh Fund Managers:Acquired by Aberdeen Asset Management
ING Direct UK:Acquired by Barclays
Newton Investment Management Limited:Aquired by Bank of New York Mellon
Hambros Bank:Acquired by Soc Gen
Kleinwort Benson:Acquired by Dresdner Bank
Scottish Life:Acquired by Royal London Assurance
Egg:Acquired by Yorkshire Building Society
Wachovia:Acquired by Wells Fargo
Barclays Global Investors:Acquired by Blackrock
Merril Lynch Investment Managers:Acquired by Blackrock
Standard Life Bank:Acquired by Barclays
Abbey National:Acquired by Santander
Alliance and Leicester:Acquired by Santander
Samuel Montagu:Acquired by HSBC
Morley Fund Management:Acquired by Commercial Union
General Accident & Commercial Union:Mergered to form CGU
Norwich Union & CGU:Merged to form Aviva
Robert Fleming:Acquired by Chase Manhattan
Chase Manhattan:Acquired by JP Morgan
Hill Samuel:Acquired by TSB
TSB and Lloyds Bank:Mergered to form LloydsTSB
Scottish Widows:Acquired by LloydsTSB
Cheltenham & Gloucester:Acquired by LloydsTSB
Clerical Medical:Acquired by Halifax
Halifax & Bank of Scotland:Mergerd to form HBOS
HBOS:Acquired by LloydsTSB
Woolwich:Acquired by Barclays
Friends Provident:Acquired by Resolution
New Star:Acquired by Henderson Investors
Gartmore:Acquired by Henderson Investors
M&G Investment Management:Acquired by Prudential
Scottish Amicable:Acquired by Prudential
Bear Stearns:Acquired by JP Morgan Chase