A BANKING COMBINE.
LONDON, July 12. The Treasury lias approved of the amalgamation of Barclay and Co.'b bank with the London and Provincial a.nd London and South Western banks. It is stated that the joint undertaking will control current, deposit, and other accounts amounting to £212,000,000.— (A. and N.Z. Cable.) BANNING ENEMY BANKS. LONDON, July 12. The Secretary of State for Home Affairs (Sir George Cave), speaking in the House of Commons, announced that the Government was applying in the courts for the immediate winding-up of enemy banks. Legislation prohibiting the establishment of enemy banks in Britain for a period of years after the .*ar would be introduced. — (A. and N.Z.)
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Bibliographic details
Auckland Star, Volume XLIX, Issue 166, 13 July 1918, Page 5
Word Count
111A BANKING COMBINE. Auckland Star, Volume XLIX, Issue 166, 13 July 1918, Page 5
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