Big Four banks (United Kingdom)
E483118
The Big Four banks in the United Kingdom are the dominant group of large, long-established high street banking institutions that have historically controlled the majority of the country’s retail and commercial banking market.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Big Four banks (United Kingdom) canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
banking group
ⓘ
informal grouping ⓘ |
| alsoKnownAs |
Big Four UK banks
NERFINISHED
ⓘ
UK Big Four high street banks NERFINISHED ⓘ |
| characteristic |
long-established institutions
ⓘ
operate extensive branch networks ⓘ systemically important to UK financial system ⓘ |
| country | United Kingdom ⓘ |
| distinguishedFrom |
Challenger banks (United Kingdom)
NERFINISHED
ⓘ
building societies (United Kingdom) NERFINISHED ⓘ investment banks ⓘ |
| economicImpact |
major share of UK bank deposits
ⓘ
major share of UK bank lending ⓘ |
| hasSubOrganization |
Bank of Scotland plc
NERFINISHED
ⓘ
Barclays Bank UK PLC NERFINISHED ⓘ HSBC UK Bank plc NERFINISHED ⓘ Lloyds Bank plc NERFINISHED ⓘ National Westminster Bank Plc NERFINISHED ⓘ Royal Bank of Scotland plc NERFINISHED ⓘ |
| historicalRole |
controlled majority of UK retail banking market for much of the 20th and early 21st centuries
ⓘ
controlled majority of UK small business and commercial banking market ⓘ |
| influences |
availability of credit to UK businesses
ⓘ
availability of credit to UK households ⓘ competition conditions in UK retail banking ⓘ |
| marketPosition | dominant group of large high street banks in the UK ⓘ |
| member |
Barclays
NERFINISHED
ⓘ
HSBC UK NERFINISHED ⓘ Lloyds Banking Group NERFINISHED ⓘ NatWest Group NERFINISHED ⓘ |
| regulator |
Financial Conduct Authority
NERFINISHED
ⓘ
Prudential Regulation Authority NERFINISHED ⓘ |
| relatedConcept |
UK banking oligopoly
ⓘ
high street bank ⓘ systemically important financial institution ⓘ |
| sector |
commercial banking
ⓘ
retail banking ⓘ |
| subjectOf |
UK competition policy debates
ⓘ
financial stability regulation in the UK ⓘ |
| timePeriod | term widely used in late 20th and early 21st century ⓘ |
| typicalServices |
business banking services
ⓘ
corporate lending ⓘ credit cards ⓘ current accounts ⓘ mortgages ⓘ payment services ⓘ personal loans ⓘ savings accounts ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.