C.Hoare & Co

What C.Hoare & Co does

C. Hoare & Co. is the UK's oldest privately-owned bank, founded in 1672 and held continuously by the Hoare family across 12 generations. Operating from its headquarters at 37 Fleet Street, London, the bank provides bespoke private banking services to UK high-net-worth individuals, families, family offices, and family businesses. Its service offering spans current accounts, deposit accounts, borrowing, treasury and foreign exchange, and philanthropy services, with relationship managers located across multiple English regions (East Anglia, North West and Yorkshire, North East, and South West) in addition to the London head office.

The bank's technology platform includes iOS and Android mobile banking applications (with Apple Pay and Google Pay integration), an online banking portal, voice identification biometric security for telephone callers, AI/ML-based anomaly detection for fraud prevention, and Confirmation of Payee payment verification. The business model is relationship-led: pricing is not publicly disclosed, customers contact the bank directly, and customer acquisition relies on word-of-mouth, personal referrals, and subtle content marketing through Alexander's Letters and annual Impact Reports. The bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority under firm reference number 122093; revenue and financials are not publicly disclosed.

Scale signals include a 251–500 employee headcount band, nearly £100m in donations received by the Master Charitable Trust (placing it in the top 1% of UK charities by donations received), £4m of attempted fraud prevented and £1m of fraud funds retrieved in 2024, and a Golden Bottle Trust that has granted £40m+ to 10,000+ charities since 1985. Recent strategic activity includes regional relationship-manager expansion since 2020, business account functionality on the mobile app (2025), Confirmation of Payee (2024), and a CEO transition to Simon Kenyon in February 2026.

Name

C.Hoare & Co

Legal name

C. Hoare & Co.

Website

https://hoaresbank.co.uk

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

C. Hoare & Co., founded 1672 and family-held for 12 generations, is the UK's oldest privately-owned bank. It delivers bespoke private banking — accounts, deposits, lending, treasury/FX, and philanthropy — to high-net-worth individuals, families, and family offices across the UK.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Finance and Insurance (52)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Customer Servicing & Contact Center Operations (Service Requests, Complaints) (FSABALAK)

Keywords

• Private banking services
• Current and deposit accounts
• Borrowing and lending
• Treasury and foreign exchange
• Philanthropy advisory

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Distribution channels3 records

Marketing channels4 records

Core offering

C. Hoare & Co. provides bespoke private banking services to UK personal and business customers, delivering current accounts, deposit accounts, borrowing facilities, treasury and foreign exchange, and philanthropy services crafted around individual requirements. Service is delivered through dedicated relationship managers supported by a mobile banking app, an online banking portal, biometric voice identification, AI-driven fraud detection, and Confirmation of Payee.

Differentiator

Problem solved

Functional benefit

Brands

• Master Charitable Trust (MCT): A charity registered with the Charity Commission for England and Wales (Charity No. 1139904), operating as a donor advised fund in the United Kingdom.
• Golden Bottle Trust

Products and services

• Personal Current Accounts Bespoke personal current accounts provided to UK private banking customers through dedicated relationship managers and digital channels.
• Personal Deposit Accounts Bespoke personal deposit accounts for UK private banking customers, designed to hold savings with relationship manager support.
• Personal Borrowing Tailored personal borrowing facilities provided to UK private banking customers via dedicated relationship managers, including mortgage and personal lending.
• Personal Treasury and Foreign Exchange Treasury and foreign exchange services provided to UK private banking customers for personal currency and payments needs.
• Personal Philanthropy Services Philanthropy advisory and donor-advised fund services for UK private banking customers seeking to structure personal charitable giving.
• Business Current Accounts Bespoke business current accounts for UK family offices, family businesses and entrepreneurs, delivered through dedicated relationship managers.
• Business Deposit Accounts Bespoke business deposit accounts for UK family offices, family businesses and entrepreneurs to hold corporate balances.
• Business Borrowing Business borrowing facilities tailored to UK family offices, family businesses and entrepreneurs, delivered through dedicated relationship managers.
• Business Treasury and Foreign Exchange Treasury and foreign exchange services for UK family offices, family businesses and entrepreneurs managing corporate payments and currency needs.
• Business Philanthropy Services Philanthropy advisory and donor-advised fund services for UK family offices and family businesses seeking to structure corporate charitable giving.
• Mobile Banking App Mobile banking app for C. Hoare & Co. customers (personal and business) on iOS and Android, providing account viewing, Faster Payments, money transfers, beneficiary and card management, Apple Pay and Google Pay, and security code generation.
• Online Banking Portal Secure web-based online banking portal for C. Hoare & Co. customers to access and manage banking services via login.
• Confirmation of Payee Service Confirmation of Payee verification service that checks payee details before customers send payments, reducing the risk of authorised push-payment fraud.
• Master Charitable Trust (Donor-Advised Fund) Donor-advised fund registered with the Charity Commission for England and Wales (Charity No. 1139904), supporting customers in structuring and distributing charitable giving.

Quantifiable outcome

• Nearly £4 million in attempted fraud prevented in 2024
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability4 records

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Arbuthnot Latham: Arbuthnot Latham & Co. is a UK private bank focused on private clients, family businesses, and entrepreneurs, providing banking, savings, and lending services. Family-backed UK bank with similar boutique, bespoke-service positioning to C. Hoare & Co.
• Coutts: Coutts is the UK's most renowned private bank, serving UHNW individuals, families, and entrepreneurs with bespoke banking, wealth management, and advisory services. Most direct UK peer to C. Hoare & Co. given overlapping HNW client base, multi-generational relationship focus, and similar bespoke service model.
• Brown Shipley: Brown Shipley is a UK private bank offering investment management, banking, and financial planning to HNW individuals, families, and intermediaries. Comparable as a privately-held UK private bank serving affluent families with integrated banking and investment services.
• Hampden & Co: Hampden & Co is a UK private bank providing bespoke banking and investment services to high-net-worth individuals and families. Highly comparable boutique UK private bank focused on personalised service and HNW client relationships.
• Investec UK Private Banking: Investec offers UK private banking and wealth management services to HNW individuals, entrepreneurs, and professionals. Comparable to C. Hoare & Co. as a UK private bank serving HNW individuals with relationship-led banking and tailored lending.
• Weatherbys: Weatherbys is a UK private bank offering banking, lending, and wealth services to high-net-worth individuals and families, including a heritage private banking arm. Closely comparable to C. Hoare & Co. as a privately-owned UK bank serving HNW clients with bespoke services.

Broad incumbents

• Barclays Private Bank: Barclays Private Bank serves HNW individuals and families in the UK with banking, lending, and wealth advisory services. Comparable UK HNW banking offering, but operates as part of a large public retail bank rather than an independent boutique.
• HSBC UK Private Banking: HSBC Private Bank serves HNW and UHNW clients globally with banking, investment, and wealth management services. Comparable UK HNW private banking offering, though operating within a much larger global bank with broader product capabilities.
• Rathbones Group: Rathbones is a UK-listed wealth manager providing investment management, financial planning, and banking-like services to private clients, charities, and intermediaries. Comparable as a UK private client services provider, but it is a broader wealth manager with an investment-management focus versus C. Hoare & Co.'s banking-led model.
• Kleinwort Hambros: Kleinwort Hambros is the UK private banking arm of Societe Generale serving HNW clients with banking, investment management, and wealth planning. Comparable as a UK private bank serving HNW individuals, though operating as part of a larger global banking group rather than independent family ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hoaresbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about C.Hoare & Co