Financing firms pay tribute to ‘beloved’ monarch

Financing firms pay tribute to ‘beloved’ monarch

The UK’s largest financial services companies paid tribute to Her Majesty Queen Elizabeth II this morning, the day after her death was officially confirmed by Buckingham Palace.

The world’s longest-serving monarch died yesterday at her Scottish country retreat in Balmoral. Markets remain open today, although an air of gloomy reflection has undoubtedly settled in the City of London.

In a statement, Barclays Bank said the Queen had been a “remarkable, beloved and highly respected figure”, adding that it “expressed our sincere condolences to the Royal Family at this extremely sad time”.

Fellow banking giant Lloyds Banking Group has also replaced the website’s headline with a banner of the Queen as a sign of respect, saying online it was “with great sadness” that it joined the nation in mourning her death.

Coutts, who counted the Queen among its famous private banking clients, said it was preparing a book of condolence for clients and colleagues to sign in tribute to Her Majesty.

“Coutts has had a lifelong relationship with the Royal Family and we were privileged to have Her Majesty the Queen officially launch the opening of our 440 Strand building in 1978 and again in 2016,” said Chairman Lord Waldegrave.

“As a sign of respect, the Coutts flags at 440 have been removed and the Union Jack flag has been flown at half-mast. We will set up a register of condolences at Garden Court, 440 Strand, where customers and colleagues will be encouraged to write their messages.”

In the insurance world, Legal & General, which is listed on the UK’s FTSE 100, has ditched its iconic multicolored umbrella logo and replaced it with the silhouette of a closed umbrella instead.

Hargreaves Lansdown, meanwhile, suspended all social media activity, saying only it was “deeply saddened” at the Queen’s passing.

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