| AdminHistory | The Bank of London and South America was formed in October 1923 as an amalgamation of the London and Brazilian Bank and the London and River Plate Bank. They were brought together by Lloyds Bank. The amalgamation occurred to prevent the two banks competing and pushing one of them out of business, as most of their branches were in the same cities and they were carrying out the same kind of business. Lloyds retained overall control, though it was joined by other shareholders. In 1936 BOLSA took over the Anglo-South American Bank, which had itself absorbed the British Bank of South America and the Commercial Bank of Spanish America. It is now a subsidiary of Lloyds Bank International. |
| Acquisition | Deposited on indefinite loan in 1969 by the Bank of London and South America, and in 1982 by Lloyds Bank International. In order to assist in writing the Bank's centenary history, which was undertaken by Professor D M Joslin, BOLSA shipped the major part of the records of their South American branches to the UK. Later, with the assistance of DCM Platt, the material that had been assembled for Professor Joslin was deposited at UCL. Additional papers found in 1973 by Dr Blakemore among the papers of Prof. Joslin were also deposited. |
| Copyright | Copyright has been retained by Lloyds Banking Group. All requests for permission to publish items from the collection should be sent to: archives@lloydsbanking.com, 8th floor, 33 Old Broad Street, London, E2N 1HZ, England, UK. |