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in 1903, thereby forming the Union of London and Smith's Bank. Prescott's Bank had been founded in Threadneedle Street in 1766 and went through several name changes over the years as partners changed. However, in 1891 a multiple merger radically changed the scope of the Bank. Prescott's acquired Dimsdale, another long-established London private bank; Miles, Cave, Baillie of Bristol (established 1750); and Tugwell Brymer of Bath;

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