Westminster Bank Westminster Bank Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a dormant registered non-trading company until 4 July 2017 when it was dissolved Considered one of the Big Five, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1834, the London and Westminster Bank was the first firm founded under the auspices of the Bank Charter Act 1833, which allowed joint-stock banks to be established in the capital. For
British Hong Kong the Convention of Chuenpi during the First Opium War. On 20 January, Elliot announced "the conclusion of preliminary arrangements", which included the cession of Hong Kong Island and its harbour to the British Crown. Elliot chose Hong Kong instead of Chusan because he believed a settlement further east would cause an "indefinite protraction of hostilities", whereas Hong Kong's harbour was a valuable base for the British trading community in Canton. British rule began with the occupation of the island on 26 January. Commodore Gordon Bremer, commander-in-chief of British forces in China, took formal possession of the island at Possession Point,