Bank and Clients in UK

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B&C was formed in 2014 through the combination of two long-standing and successful UK organisations, each regulated by the Financial Conduct Authority. Church House Trust, a retail bank which was founded in 1978 and Ocean Capital, a direct lender to corporate clients, founded in 2002. Church House Trust started as a small regional bank offering savings products and investment services. Virgin Money acquired the banking business of Church House Trust in 2010 but sold it to Ocean Capital in 2014 . Ocean Capital managed more than €27 billion of loans over ten years to private and public companies in Europe. The combination of the Ocean and Church House Trust businesses created a strong organisation which draws upon the complementary skills of each firm.