Greater London is often referred to as "the City" or "the Square Mile" and it forms the main financial district. Archaically, the urbanised area of London was known as the Metropolis. In common usage, the terms "London" and "Greater London" are usually used interchangeably. Greater London is officially divided for some purposes, with varying definitions, into Inner London and Outer London. For some strategic planning purposes it is divided into five sub-regions. Greater London is under the strategic local governance of the Greater London Authority (GLA). It consists of an elected assembly, the London Assembly, and an executive head, the Mayor of
Central Bank of London Ltd. Central Bank's headquarters in Cornhill. This bank eventually became the 'Midland Bank' and then was finally acquired by HSBC in 1992. Central Bank of London Ltd. The Central Bank of London Ltd. was a British joint stock bank, based in London, England. The bank was established in 1863 as the 'East London Bank', with its offices located in Cornhill in the City of London. Its early business was closely related to the East End trades, and so branches were soon opened at Southwark, Shoreditch and Whitechapel. Deposits had reached £495,000 by 1865, and by 1870 the bank was renamed the