Baroness Margaret McDonagh

The Bank of London Group Ltd. is a leading-edge technology company and the world's first purpose-built clearing, agency, and transaction bank. The company was launched in November 2021 as the sixth principal clearing bank of the UK and only the second in 250 years. The company is based in London, UK. The bank prioritizes the preservation of depositor's money and market stability over credit risk or chasing high returns. As a mass-commercial sovereign-system reserve bank, the bank does not generate credit, liquidity, or investment risk. No depositors' money is ever loaned, leveraged, or invested. All depositor's money is held in full and unencumbered at the central bank (Bank of England). The British company was founded in 2020 by Anthony George Watson and Monique Melis. Anthony George Watson has been the CEO since 2020.