1.
Birmingham
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Birmingham is a major city and metropolitan borough of West Midlands, England lying on the River Rea, a small river that runs through Birmingham. It is the largest and most populous British city outside London, the city is in the West Midlands Built-up Area, the third most populous urban area in the United Kingdom, with a population of 2,440,986 at the 2011 census. Birminghams metropolitan area is the second most populous in the UK with a population of 3.8 million and this also makes Birmingham the 8th most populous metropolitan area in Europe. By 1791 it was being hailed as the first manufacturing town in the world, perhaps the most important invention in British history, the industrial steam engine, was invented in Birmingham. From the summer of 1940 to the spring of 1943, Birmingham was bombed heavily by the German Luftwaffe in what is known as the Birmingham Blitz. The damage done to the infrastructure, in addition to a deliberate policy of demolition and new building by planners, led to extensive demolition. Today Birminghams economy is dominated by the service sector and its metropolitan economy is the second largest in the United Kingdom with a GDP of $121. 1bn, and its six universities make it the largest centre of higher education in the country outside London. Birmingham is the fourth-most visited city in the UK by foreign visitors, Birminghams sporting heritage can be felt worldwide, with the concept of the Football League and lawn tennis both originating from the city. Its most successful football club Aston Villa has won seven league titles, people from Birmingham are called Brummies, a term derived from the citys nickname of Brum. This originates from the citys name, Brummagem, which may in turn have been derived from one of the citys earlier names. There is a distinctive Brummie accent and dialect, Birminghams early history is that of a remote and marginal area. The main centres of population, power and wealth in the pre-industrial English Midlands lay in the fertile and accessible river valleys of the Trent, the Severn and the Avon. The area of modern Birmingham lay in between, on the upland Birmingham Plateau and within the wooded and sparsely populated Forest of Arden. Birmingham as a settlement dates from the Anglo-Saxon era, within a century of the charter Birmingham had grown into a prosperous urban centre of merchants and craftsmen. By 1327 it was the third-largest town in Warwickshire, a position it would retain for the next 200 years, by 1700 Birminghams population had increased fifteenfold and the town was the fifth-largest in England and Wales. The importance of the manufacture of goods to Birminghams economy was recognised as early as 1538. Equally significant was the emerging role as a centre for the iron merchants who organised finance, supplied raw materials. The 18th century saw this tradition of free-thinking and collaboration blossom into the phenomenon now known as the Midlands Enlightenment
2.
HSBC
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HSBC Holdings PLC is a British multinational banking and financial services holding company headquartered in London, United Kingdom. It is the sixth largest bank by total assets and the largest in Europe with total assets of US$2.374 trillion. It was established in its present form in London in 1991 by The Hongkong, the origins of the bank lie mainly in Hong Kong and to a lesser extent in Shanghai, where branches were first opened in 1865. The HSBC name is derived from the initials of the Hongkong, the company was first formally incorporated in 1866. The company continues to see both the United Kingdom and Hong Kong as its home markets, HSBC has around 4,000 offices in 70 countries and territories across Africa, Asia, Oceania, Europe, North America and South America, and around 37 million customers. As of 2014, it was the worlds sixth-largest public company, HSBC is organised within four business groups, Commercial Banking, Global Banking and Markets, Retail Banking and Wealth Management, and Global Private Banking. HSBC has a primary listing on the Hong Kong Stock Exchange and London Stock Exchange and is a constituent of the Hang Seng Index. As of 6 July 2012 it had a capitalisation of £102.7 billion. It has secondary listings on the New York Stock Exchange, Euronext Paris, in February 2015 the International Consortium of Investigative Journalists released information about the business conduct of HSBC under the title Swiss Leaks. The ICIJ alleges that the bank profited from doing business with tax evaders, in 2016, HSBC was sued by Mexican families involved in deaths by organised-crime gangs for processing funds for the Sinaloa Cartel. It was formally incorporated as The Hongkong and Shanghai Banking Corporation by an Ordinance of the Legislative Council of Hong Kong on 14 August 1866, in 1980, HSBC acquired a 51% shareholding in US-based Marine Midland Bank, which it extended to full ownership in 1987. HSBC Holdings acquisition of Midland Bank was completed in 1992 and gave HSBC a substantial presence in the United Kingdom. As part of the conditions for the acquisition, HSBC Holdings plc was required to relocate its world headquarters from Hong Kong to London in 1993. In May 1999, HSBC expanded its presence in the United States with the purchase of Republic National Bank of New York for $10. 3bn. Expansion into Continental Europe took place in April 2000 with the acquisition of Crédit Commercial de France, in July 2001 HSBC bought Demirbank, an insolvent Turkish bank. In July 2002, Arthur Andersen announced that HSBC USA, Inc. through a new subsidiary, Wealth, the new HSBC Private Client Services Group would serve the wealth and tax advisory needs of high-net-worth individuals. Then in August 2002 HSBC acquired Grupo Financiero Bital, SA de CV, in November 2002, HSBC expanded further in the United States. Under the chairmanship of Sir John Bond, it spent £9 billion to acquire Household Finance Corporation, in a 2003 cover story, The Banker noted when banking historians look back, they may conclude that was the deal of the first decade of the 21st century
3.
Bank of England
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The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world, after the Sveriges Riksbank, and it was established to act as the English Governments banker and is still one of the bankers for the Government of the United Kingdom. The Bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946, in 1998, it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with independence in setting monetary policy. The Banks Monetary Policy Committee has a responsibility for managing monetary policy. The Banks Financial Policy Committee held its first meeting in June 2011 as a macro prudential regulator to oversee regulation of the UKs financial sector, the Banks headquarters have been in Londons main financial district, the City of London, on Threadneedle Street, since 1734. It is sometimes known by the metonym The Old Lady of Threadneedle Street or The Old Lady, the busy road junction outside is known as Bank junction. Until 2016, the bank provided banking services as a popular privilege for employees. Englands crushing defeat by France, the dominant naval power, in naval engagements culminating in the 1690 Battle of Beachy Head, England had no choice but to build a powerful navy. No public funds were available, and the credit of William IIIs government was so low in London that it was impossible for it to borrow the £1,200,000 that the government wanted. To induce subscription to the loan, the subscribers were to be incorporated by the name of the Governor, the Bank was given exclusive possession of the governments balances, and was the only limited-liability corporation allowed to issue bank notes. The lenders would give the government cash and issue notes against the government bonds, the £1. 2m was raised in 12 days, half of this was used to rebuild the navy. This helped the new Kingdom of Great Britain – England and Scotland were formally united in 1707 – to become powerful, the power of the navy made Britain the dominant world power in the late 18th and early 19th centuries. The establishment of the bank was devised by Charles Montagu, 1st Earl of Halifax, the plan of 1691, which had been proposed by William Paterson three years before, had not then been acted upon. The Royal Charter was granted on 27 July through the passage of the Tonnage Act 1694, the first governor was Sir John Houblon, who is depicted in the £50 note issued in 1994. The charter was renewed in 1742,1764, and 1781, the Bank moved to its current location in Threadneedle Street in 1734, and thereafter slowly acquired neighbouring land to create the edifice seen today. When the idea and reality of the National Debt came about during the 18th century, the 1844 Bank Charter Act tied the issue of notes to the gold reserves and gave the Bank sole rights with regard to the issue of banknotes. Private banks that had previously had that right retained it, provided that their headquarters were outside London, a few English banks continued to issue their own notes until the last of them was taken over in the 1930s. Scottish and Northern Irish private banks still have that right, the bank acted as lender of last resort for the first time in the panic of 1866
4.
West Midlands (region)
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The West Midlands is one of nine official regions of England at the first level of NUTS for statistical purposes. It covers the western half of the area known as the Midlands. The city of Coventry is also located within the West Midlands county, the region is geographically diverse, from the urban central areas of the conurbation to the rural western counties of Shropshire and Herefordshire which border Wales. The region also encompasses five Areas of Outstanding Natural Beauty, the Wye Valley, Shropshire hills, Cannock Chase, Malvern Hills, Warwickshire is home to the town of Stratford upon Avon, the birthplace of the writer William Shakespeare. The highest point in the region is Black Mountain, at 703 metres in west Herefordshire on the border with Powys, Wales. The region contains five Areas of Outstanding Natural Beauty, including all of the Shropshire Hills, Malvern Hills and Cannock Chase, the Peak District national park also stretches into the northern corner of Staffordshire. Served by many lines in the areas such as the West Coast Main Line. The Welsh Marches Line and the Cotswold Line transect the region as well as the Cross Country Route, there are plans to reopen the Honeybourne Line. Numerous notable roads pass through the region, with most converging around the central conurbation, the M6 toll provides an alternative route to the M6 between Coleshill and Cannock, passing north of Sutton Coldfield and just south of Lichfield. The M40 connects the region through South East England to London, with its terminus at its junction with the M42, it passes close to Warwick. The M42 connects the M5 at Bromsgrove, passing around the south and east of Birmingham, joining the M40 and M6, passing Solihull and Castle Bromwich, to Tamworth, the M50 connects the M5 from near Tewkesbury to Ross-on-Wye in the southwest. The M54 connects Wellington in the west, passing Telford, to the M6 near Cannock, the A5 road traverses the region northwest-southeast, passing through Shrewsbury, Telford, Cannock, Tamworth and Nuneaton. As part of the planning system, the Regional Assembly is under statutory requirement to produce a Regional Transport Strategy to provide long term planning for transport in the region. This involves region wide transport schemes such as those carried out by the Highways Agency, within the region, the local transport authorities carry out transport planning through the use of a Local Transport Plan which outlines their strategies, policies and implementation programme. The most recent LTP is that for the period 2006-11, in the West Midlands region, the following transport authorities have published their LTP online, Herefordshire, Shropshire U. A. The transport authority of Stoke-on-Trent U. A, Major towns and cities in the West Midlands region include, Bold indicates city status. The region is based on the former region of Mercia. The Battle of Edgehill in October 1642 started the English Civil War, jane Bunford of Bartley Green until 1982 was the tallest woman ever in the world, and now the second tallest, and the tallest person ever in the UK, at 7 ft 11in
5.
Bewdley
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It lies on the River Severn, at the gateway of the Wyre Forest national nature reserve, and at the time of the 2011 census had a population of 9,470. Bewdley is home to the Severn Valley Railway and the West Midlands Safari Park, the main part of Bewdley town is situated on the western bank of the River Severn, including the main street — Load Street — whose name derives from lode, an old word for ferry. Load Street is notable for its width, this is because it also served as the towns market place. Most of Bewdleys shops and amenities are situated along Load Street, at the top of which lies St Annes Church, beyond the church, High Street leads off to the south towards Stourport along the B4194, a road known locally as the switchback because of its many undulations. Unlike in many English towns, High Street is so called not because of its importance, a high, sandy slope locally known as Bewdley Beach, on the northern side, is a public space with a 180° panorama. Bewdley has several pubs, cafés, houses, and restaurants along its facing riversides, on the other side of the church, Welch Gate climbs steeply up to the west, while a continuation of the B4194 leads northwest towards the Wyre Forest. To the northeast of the town is the hilltop of Wassel Wood in Trimpley. In the area between Stourport and Bewdley there are large country houses, among which Witley Court, Astley Hall. The settlement of Wribbenhall, on the side of the Severn. Bewdley was granted borough status, as well as a market, by King Edward IV in 1472. A parliamentary report of 1777 listed Bewdley as having a parish workhouse accommodating up to 80 inmates, during the Second World War, Ribbesford House in Bewdley was used as the headquarters for the Free French officer cadets. The cadets consisted of 200 teenagers who undertook military training at Ribbesford House until they joined with allied forces in the D Day invasion. Bewdley is now governed by three tiers of government, in increasing order of size, Bewdley town council, Wyre Forest district council. In 1983, the Kidderminster constituency itself was absorbed into the Wyre Forest constituency, the MP for Wyre Forest is Mark Garnier of the Conservative Party, who in 2010 unseated the incumbent, Richard Taylor of Independent Kidderminster Hospital and Health Concern, a local organisation. The Labour Party held the seat from 1997-2001, since the completion of the flood defences in 2006, a Civic Space has been introduced to replace the old bandstand. It is used on a variety of including the regular local Farmers markets. Bewdley was in the division of Doddingtree Hundred. The River Severn often used to burst its banks in winter, flooding many houses, however, after the 2000 floods, plans were made for flood defences on the western bank, and this work was completed in April 2006, costing £7 million
6.
London
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London /ˈlʌndən/ is the capital and most populous city of England and the United Kingdom. Standing on the River Thames in the south east of the island of Great Britain and it was founded by the Romans, who named it Londinium. Londons ancient core, the City of London, largely retains its 1. 12-square-mile medieval boundaries. London is a global city in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism. It is crowned as the worlds largest financial centre and has the fifth- or sixth-largest metropolitan area GDP in the world, London is a world cultural capital. It is the worlds most-visited city as measured by international arrivals and has the worlds largest city airport system measured by passenger traffic, London is the worlds leading investment destination, hosting more international retailers and ultra high-net-worth individuals than any other city. Londons universities form the largest concentration of education institutes in Europe. In 2012, London became the first city to have hosted the modern Summer Olympic Games three times, London has a diverse range of people and cultures, and more than 300 languages are spoken in the region. Its estimated mid-2015 municipal population was 8,673,713, the largest of any city in the European Union, Londons urban area is the second most populous in the EU, after Paris, with 9,787,426 inhabitants at the 2011 census. The citys metropolitan area is the most populous in the EU with 13,879,757 inhabitants, the city-region therefore has a similar land area and population to that of the New York metropolitan area. London was the worlds most populous city from around 1831 to 1925, Other famous landmarks include Buckingham Palace, the London Eye, Piccadilly Circus, St Pauls Cathedral, Tower Bridge, Trafalgar Square, and The Shard. The London Underground is the oldest underground railway network in the world, the etymology of London is uncertain. It is an ancient name, found in sources from the 2nd century and it is recorded c.121 as Londinium, which points to Romano-British origin, and hand-written Roman tablets recovered in the city originating from AD 65/70-80 include the word Londinio. The earliest attempted explanation, now disregarded, is attributed to Geoffrey of Monmouth in Historia Regum Britanniae and this had it that the name originated from a supposed King Lud, who had allegedly taken over the city and named it Kaerlud. From 1898, it was accepted that the name was of Celtic origin and meant place belonging to a man called *Londinos. The ultimate difficulty lies in reconciling the Latin form Londinium with the modern Welsh Llundain, which should demand a form *lōndinion, from earlier *loundiniom. The possibility cannot be ruled out that the Welsh name was borrowed back in from English at a later date, and thus cannot be used as a basis from which to reconstruct the original name. Until 1889, the name London officially applied only to the City of London, two recent discoveries indicate probable very early settlements near the Thames in the London area
7.
Wales
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Wales is a country that is part of the United Kingdom and the island of Great Britain. It is bordered by England to the east, the Irish Sea to the north and west, and it had a population in 2011 of 3,063,456 and has a total area of 20,779 km2. Wales has over 1,680 miles of coastline and is mountainous, with its higher peaks in the north and central areas, including Snowdon. The country lies within the temperate zone and has a changeable. Welsh national identity emerged among the Celtic Britons after the Roman withdrawal from Britain in the 5th century, Llywelyn ap Gruffudds death in 1282 marked the completion of Edward I of Englands conquest of Wales, though Owain Glyndŵr briefly restored independence to Wales in the early 15th century. The whole of Wales was annexed by England and incorporated within the English legal system under the Laws in Wales Acts 1535–1542, distinctive Welsh politics developed in the 19th century. Welsh Liberalism, exemplified in the early 20th century by Lloyd George, was displaced by the growth of socialism, Welsh national feeling grew over the century, Plaid Cymru was formed in 1925 and the Welsh Language Society in 1962. Established under the Government of Wales Act 1998, the National Assembly for Wales holds responsibility for a range of devolved policy matters, two-thirds of the population live in south Wales, mainly in and around Cardiff, Swansea and Newport, and in the nearby valleys. Now that the countrys traditional extractive and heavy industries have gone or are in decline, Wales economy depends on the sector, light and service industries. Wales 2010 gross value added was £45.5 billion, over 560,000 Welsh language speakers live in Wales, and the language is spoken by a majority of the population in parts of the north and west. From the late 19th century onwards, Wales acquired its popular image as the land of song, Rugby union is seen as a symbol of Welsh identity and an expression of national consciousness. The Old English-speaking Anglo-Saxons came to use the term Wælisc when referring to the Celtic Britons in particular, the modern names for some Continental European lands and peoples have a similar etymology. The modern Welsh name for themselves is Cymry, and Cymru is the Welsh name for Wales and these words are descended from the Brythonic word combrogi, meaning fellow-countrymen. The use of the word Cymry as a self-designation derives from the location in the post-Roman Era of the Welsh people in modern Wales as well as in northern England and southern Scotland. It emphasised that the Welsh in modern Wales and in the Hen Ogledd were one people, in particular, the term was not applied to the Cornish or the Breton peoples, who are of similar heritage, culture, and language to the Welsh. The word came into use as a self-description probably before the 7th century and it is attested in a praise poem to Cadwallon ap Cadfan c. 633. Thereafter Cymry prevailed as a reference to the Welsh, until c.1560 the word was spelt Kymry or Cymry, regardless of whether it referred to the people or their homeland. The Latinised forms of names, Cambrian, Cambric and Cambria, survive as lesser-used alternative names for Wales, Welsh
8.
United Kingdom
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The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign country in western Europe. Lying off the north-western coast of the European mainland, the United Kingdom includes the island of Great Britain, Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state—the Republic of Ireland. The Irish Sea lies between Great Britain and Ireland, with an area of 242,500 square kilometres, the United Kingdom is the 78th-largest sovereign state in the world and the 11th-largest in Europe. It is also the 21st-most populous country, with an estimated 65.1 million inhabitants, together, this makes it the fourth-most densely populated country in the European Union. The United Kingdom is a monarchy with a parliamentary system of governance. The monarch is Queen Elizabeth II, who has reigned since 6 February 1952, other major urban areas in the United Kingdom include the regions of Birmingham, Leeds, Glasgow, Liverpool and Manchester. The United Kingdom consists of four countries—England, Scotland, Wales, the last three have devolved administrations, each with varying powers, based in their capitals, Edinburgh, Cardiff and Belfast, respectively. The relationships among the countries of the UK have changed over time, Wales was annexed by the Kingdom of England under the Laws in Wales Acts 1535 and 1542. A treaty between England and Scotland resulted in 1707 in a unified Kingdom of Great Britain, which merged in 1801 with the Kingdom of Ireland to form the United Kingdom of Great Britain and Ireland. Five-sixths of Ireland seceded from the UK in 1922, leaving the present formulation of the United Kingdom of Great Britain, there are fourteen British Overseas Territories. These are the remnants of the British Empire which, at its height in the 1920s, British influence can be observed in the language, culture and legal systems of many of its former colonies. The United Kingdom is a country and has the worlds fifth-largest economy by nominal GDP. The UK is considered to have an economy and is categorised as very high in the Human Development Index. It was the worlds first industrialised country and the worlds foremost power during the 19th, the UK remains a great power with considerable economic, cultural, military, scientific and political influence internationally. It is a nuclear weapons state and its military expenditure ranks fourth or fifth in the world. The UK has been a permanent member of the United Nations Security Council since its first session in 1946 and it has been a leading member state of the EU and its predecessor, the European Economic Community, since 1973. However, on 23 June 2016, a referendum on the UKs membership of the EU resulted in a decision to leave. The Acts of Union 1800 united the Kingdom of Great Britain, Scotland, Wales and Northern Ireland have devolved self-government
9.
World War I
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World War I, also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918. More than 70 million military personnel, including 60 million Europeans, were mobilised in one of the largest wars in history and it was one of the deadliest conflicts in history, and paved the way for major political changes, including revolutions in many of the nations involved. The war drew in all the worlds great powers, assembled in two opposing alliances, the Allies versus the Central Powers of Germany and Austria-Hungary. These alliances were reorganised and expanded as more nations entered the war, Italy, Japan, the trigger for the war was the assassination of Archduke Franz Ferdinand of Austria, heir to the throne of Austria-Hungary, by Yugoslav nationalist Gavrilo Princip in Sarajevo on 28 June 1914. This set off a crisis when Austria-Hungary delivered an ultimatum to the Kingdom of Serbia. Within weeks, the powers were at war and the conflict soon spread around the world. On 25 July Russia began mobilisation and on 28 July, the Austro-Hungarians declared war on Serbia, Germany presented an ultimatum to Russia to demobilise, and when this was refused, declared war on Russia on 1 August. Germany then invaded neutral Belgium and Luxembourg before moving towards France, after the German march on Paris was halted, what became known as the Western Front settled into a battle of attrition, with a trench line that changed little until 1917. On the Eastern Front, the Russian army was successful against the Austro-Hungarians, in November 1914, the Ottoman Empire joined the Central Powers, opening fronts in the Caucasus, Mesopotamia and the Sinai. In 1915, Italy joined the Allies and Bulgaria joined the Central Powers, Romania joined the Allies in 1916, after a stunning German offensive along the Western Front in the spring of 1918, the Allies rallied and drove back the Germans in a series of successful offensives. By the end of the war or soon after, the German Empire, Russian Empire, Austro-Hungarian Empire, national borders were redrawn, with several independent nations restored or created, and Germanys colonies were parceled out among the victors. During the Paris Peace Conference of 1919, the Big Four imposed their terms in a series of treaties, the League of Nations was formed with the aim of preventing any repetition of such a conflict. This effort failed, and economic depression, renewed nationalism, weakened successor states, and feelings of humiliation eventually contributed to World War II. From the time of its start until the approach of World War II, at the time, it was also sometimes called the war to end war or the war to end all wars due to its then-unparalleled scale and devastation. In Canada, Macleans magazine in October 1914 wrote, Some wars name themselves, during the interwar period, the war was most often called the World War and the Great War in English-speaking countries. Will become the first world war in the sense of the word. These began in 1815, with the Holy Alliance between Prussia, Russia, and Austria, when Germany was united in 1871, Prussia became part of the new German nation. Soon after, in October 1873, German Chancellor Otto von Bismarck negotiated the League of the Three Emperors between the monarchs of Austria-Hungary, Russia and Germany
10.
Thomas Cook & Son
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It was succeeded by Thomas Cook AG after being sold to a German company in 2001, but since 2007 the descendant company is Thomas Cook Group plc. In 1851, the founder arranged transport to the Great Exhibition of 1851 and he organised his first tours to Europe in 1855 and to the United States in 1866. In 1865, the founders son John Mason Cook began working for the company full-time, in 1871, he became a partner, and the name of the company was changed to Thomas Cook & Son. Thomas Cook had acquired premises on Fleet Street, London. The office also contained a shop which sold travel accessories, including books, luggage, telescopes. Thomas saw his venture as both religious and social service, his son provided the expertise that allowed the company to expand. In accordance with his beliefs, he and his wife ran a small temperance hotel above the office. Their business model was refined by the introduction of the coupon in 1868. Detachable coupons in a book were issued to the traveller. These were valid for either a restaurant meal or a hotel stay. In 1866, the organised the first escorted tours of the United States for British travellers. John Mason Cook led the excursion which included tours of several Civil War battlefields, in 1871 a brief but bitter partnership called Cook, Son and Jenkins was formed in the United States with an American businessman. The first escorted round-the-world tour departed from London in September 1872 and it included a steamship across the Atlantic, a stage coach across America, a paddle steamer to Japan, and an overland journey across China and India. The tour cost around £300 and lasted 222 days, in 1873, publication of the quarterly Cooks Continental Timetable began. In 1874, Thomas Cook introduced his circular notes, a product that was devised by a London banker in the 1770s and was later superseded by American Expresss travellers cheques. In 1884, the British Government attempted to relieve General Gordon from Khartoum, the British army was transported up the Nile by Thomas Cook & Son. Conflicts of interest between father and son were resolved when the son persuaded his father, Thomas Cook, to retire at the end of 1878 and he moved back to Leicester and lived quietly until his death. By 1888, the company had established offices around the world, a husband and wife might, for example, pay £85 for a Thomas Cook tour of Germany, Switzerland, and France over six weeks
11.
California
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California is the most populous state in the United States and the third most extensive by area. Located on the western coast of the U. S, California is bordered by the other U. S. states of Oregon, Nevada, and Arizona and shares an international border with the Mexican state of Baja California. Los Angeles is Californias most populous city, and the second largest after New York City. The Los Angeles Area and the San Francisco Bay Area are the nations second- and fifth-most populous urban regions, California also has the nations most populous county, Los Angeles County, and its largest county by area, San Bernardino County. The Central Valley, an agricultural area, dominates the states center. What is now California was first settled by various Native American tribes before being explored by a number of European expeditions during the 16th and 17th centuries, the Spanish Empire then claimed it as part of Alta California in their New Spain colony. The area became a part of Mexico in 1821 following its war for independence. The western portion of Alta California then was organized as the State of California, the California Gold Rush starting in 1848 led to dramatic social and demographic changes, with large-scale emigration from the east and abroad with an accompanying economic boom. If it were a country, California would be the 6th largest economy in the world, fifty-eight percent of the states economy is centered on finance, government, real estate services, technology, and professional, scientific and technical business services. Although it accounts for only 1.5 percent of the states economy, the story of Calafia is recorded in a 1510 work The Adventures of Esplandián, written as a sequel to Amadis de Gaula by Spanish adventure writer Garci Rodríguez de Montalvo. The kingdom of Queen Calafia, according to Montalvo, was said to be a land inhabited by griffins and other strange beasts. This conventional wisdom that California was an island, with maps drawn to reflect this belief, shortened forms of the states name include CA, Cal. Calif. and US-CA. Settled by successive waves of arrivals during the last 10,000 years, various estimates of the native population range from 100,000 to 300,000. The Indigenous peoples of California included more than 70 distinct groups of Native Americans, ranging from large, settled populations living on the coast to groups in the interior. California groups also were diverse in their organization with bands, tribes, villages. Trade, intermarriage and military alliances fostered many social and economic relationships among the diverse groups, the first European effort to explore the coast as far north as the Russian River was a Spanish sailing expedition, led by Portuguese captain Juan Rodríguez Cabrillo, in 1542. Some 37 years later English explorer Francis Drake also explored and claimed a portion of the California coast in 1579. Spanish traders made unintended visits with the Manila galleons on their trips from the Philippines beginning in 1565
12.
Wells Fargo
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Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California, with hubquarters throughout the country. It is the worlds second-largest bank by market capitalization and the third largest bank in the U. S. by assets, Wells Fargo surpassed Citigroup Inc. to become the third-largest U. S. bank by assets at the end of 2015. Wells Fargo is the second-largest bank in deposits, home mortgage servicing, the firms primary U. S. operating subsidiary is national bank Wells Fargo Bank, N. A. which designates its main office as Sioux Falls, South Dakota. In 2016, Wells Fargo ranked 7th on the Forbes Magazine Global 2000 list of largest public companies in the world, in 2015, the company was ranked the 22nd most admired company in the world, and the 7th most respected company in the world. As of October 2015, the company had a rating of AA−. However, for a period in 2007, the company was the only AAA-rated bank. Along with JPMorgan Chase, Bank of America, and Citigroup, as of December 31,2015, it had 8,700 retail branches and 13,000 automated teller machines. The company operates across 35 countries and has over 70 million customers globally, in February 2014, Wells Fargo was named the worlds most valuable bank brand for the second year running in The Banker and Brand Finance study of the top 500 banking brands. In December 2016, following the scandal, the company amended its by-laws to separate the roles of chairman, in January 2017, it emerged that Wells Fargo had kept its talks with the U. S. Consumer Financial Protection Bureau about the fake account investigation silent from shareholders for up to six months beginning as early as March 2016. A regulatory filing by Wells Fargo revealed in November 2016 that it was under investigation by the U. S. Securities and Exchange Commission in relation to its accounts sales practices. Also in November 2016, three U. S. senators alleged that Wells Fargos sales scandal had extended from retail bankers to its employees. Wells Fargo delineates three different business segments when reporting results, Community Banking, Wholesale Banking, and Wealth, Brokerage, the Community Banking segment includes Regional Banking, Diversified Products, and the Consumer Deposits groups, as well as Wells Fargo Customer Connection. Wells Fargo also has around 2,000 stand-alone mortgage branches throughout the country, in March 2017, Wells Fargo announced a plan to offer smartphone-based transactions with mobile wallets including Wells Fargo Wallet, Android Pay and Samsung Pay. Wells Fargo Home Mortgage is the largest retail mortgage lender in the United States, as of Q32011, originating one out of every four home loans. Wells Fargo services $1.8 trillion in home mortgages, the 2nd largest servicing portfolio in the U. S. Now, in 2013 its share is closer to 22%, of which eight percentage points is aggregation. Wells Fargo private student loans are available to students to pay for college expenses, such as, tuition, books, computers. Loans are available for undergraduate, career and community colleges, graduate school, law school, Wells Fargo also provides private student loan consolidation and student loans for parents
