Cater Allen

{{Short description|UK private bank}}

{{Infobox company

| name = Cater Allen Limited

| logo = Cater Allen.svg

| logo_size =

| type = Limited company

| foundation = 1816

| location = London, England, UK

| key_people =

| num_employees =

| industry = Finance, Wealth Management

| products = Financial services

| homepage = {{URL|www.caterallen.co.uk}}

| parent = Santander UK plc

| owner = Santander Group

}}

Cater Allen Private Bank is a private bank operating in the United Kingdom and is a subsidiary of Santander UK. Tracing its history back to a bank founded in Blackburn in 1816,http://www.caterallen.co.uk/DocumentDownload.aspx?docID=48 {{Webarchive|url=https://web.archive.org/web/20101007002419/http://caterallen.co.uk/DocumentDownload.aspx?docID=48 |date=2010-10-07 }} (pdf){{cite news|url=http://www.moneynews.co.uk/6776/launch-of-cater-allen-private-bank-fixed-rate-bonds-announced/|title=Launch of Cater Allen Private Bank fixed-rate bonds announced|date=4 Jun 2009|website=Money News}} it was independent for 180 years, before being purchased in 1997 by Abbey National.{{cite news| url=https://www.independent.co.uk/news/business/abbey-national-expands-with-pounds-191m-cater-allen-1258208.html | location=London | work=The Independent | title=Abbey National expands with pounds 191m Cater Allen | date=27 June 1997}} Cater Allen Offshore was initially run as a separate enterprise within Abbey, but in 2001 it was merged with Abbey National Offshore.{{cite news|url=http://www.tax-news.com/news/Date_Is_Set_For_Abbey_National_And_Cater_Allen_Merger____2143.html|title=Date Is Set For Abbey National And Cater Allen Merger|author=Mandy Robinson|date=7 February 2001|website=Tax-News}}

The Cater Allen name came about relatively late in the bank's history, from Cater Ryder's 1981 acquisition of Allen, Harvey and Ross. Cater Ryder itself had been formed 20 years earlier by the merger of Cater and Co. (founded 1908) and Ryder's Discount Co.

Cater Allen has significantly expanded twice in the past twenty years, with the 1994 acquisition of Tyndall Bank, and the 2001 acquisition of Fleming Premier Banking from JPMorgan Chase.{{cite news|last=Griffiths|first=Katherine|title=Abbey buys Fleming Premier for £106m|url=https://www.independent.co.uk/news/business/news/abbey-buys-fleming-premier-for-pound106m-684801.html|access-date=27 May 2010|newspaper=The Independent|date=15 May 2001 | location=London}}{{dead link|date=August 2021|bot=medic}}{{cbignore|bot=medic}}{{cite news|last=Treanor|first=Jill|title= Abbey National pays £106m for 'premier' bank|url=https://www.theguardian.com/money/2001/may/15/business.personalfinancenews|access-date=27 May 2010|newspaper=The Guardian|date=15 May 2001 | location=London}}

References

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