National Provincial Bank National Provincial Bank National Provincial Bank was a British retail bank which operated in England and Wales from 1833 until 1970 when it was merged into the National Westminster Bank. It continued to exist as a dormant non-trading company until 2016 when it was voluntarily struck off the register and dissolved. Considered one of the "Big Five," the National Provincial Bank expanded during the 19th and 20th centuries and took over a number of smaller banking companies. It was based on Bishopsgate, at the thoroughfare's junction with Threadneedle Street, in London. The National Provincial Bank played a unique role in
Israel-British Bank Bank. On 1 October 1968 the London branch became a newly formed subsidiary under the title of Israel-British Bank (London). In July 1974 the bank collapsed, owing British investors £46.6 million. Yehoshua Ben-Zion, the managing director of Israel-British Bank was convicted of embezzling £20 million ($39.4 million) from the bank. He was sentenced to 12 years in prison. After urging of the Israeli prime minister Menachem Begin in 1977, Ben-Zion was pardoned by the Israeli president Ephraim Katzir, on medical grounds. He was released after serving three years. He proceeded to live at least another 20 years, during which time