Business chronology
Julio Herrera Velutini Banking Timeline: Key Dates and Roles
Follow documented milestones in Venezuelan banking and Britannia’s development, from Banco Caracas in 1890 to UK leadership appointments and London Metal Exchange trading in 2026. Each date identifies a specific institutional event.
This Julio Herrera Velutini banking timeline brings together twelve dated records spanning Banco Caracas in Venezuela, Bancrédito in Puerto Rico and Britannia Financial Group in the United Kingdom. Its first entry is Banco Caracas's founding in August 1890, as dated by Santander's later announcement. The 2000 entry records an agreement for Banco de Venezuela to acquire a controlling stake in Banco Caracas. The chronology then moves to Britannia Financial Group Limited's incorporation in October 2016 and a 2017 report identifying Herrera Velutini as Bancrédito's president.[1][2][3]
Later entries follow the Britannia holding company's name change, published acquisitions, a director appointment for Julio Cesar Herrera and London Metal Exchange trading by Britannia Global Markets in March 2026. Companies House also records a further directorship for Julio Martin Herrera in May 2026. Each date is labelled according to the source: some refer to a company filing or exchange notice, while others mark a news report or a year given in the group's own history. The institutions remain separate throughout. The sequence provides context for the linked profiles without suggesting that one bank became another or that a family held every role shown.[2][4][5][6][7]
Foundations
- 1890
Banco Caracas is founded
Santander's later acquisition announcement records August 1890 as Banco Caracas's founding month. This is the earliest institutional milestone in the chronology. It belongs to the bank's own history and precedes the lives and careers of the modern executives profiled here. The Banco Caracas page explains its later development and the separate transaction announced in 2000.[1]
Explore the related profile → - 1999
Banco Caracas merges with Fivenez
The same corporate announcement records Banco Caracas's merger with Banco Fivenez in June 1999. This was a separate development from the proposed acquisition involving Banco de Venezuela the following year. Keeping the two events distinct gives a clearer picture of the sequence of consolidation described in contemporary sources about the Venezuelan bank.[1]
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Institutions
- 2000
An acquisition agreement is signed
Banco de Venezuela, then part of Santander, agreed to acquire approximately 65.4 percent of Banco Caracas from principal shareholders. The announcement envisaged a wider public share offer. EL PAÍS covered the transaction the next day. The date here is the agreement date; the announcement service published Santander's release on 18 October 2000.[1][8]
Explore the related profile → - 2016
The UK holding company is incorporated
Companies House records the incorporation of company 10417641 as Helvetica Financial Group Limited, subsequently renamed Britannia Financial Group Limited. Julio Martin Herrera's first recorded directorship began on the same date. This marks the UK holding company's incorporation, rather than the founding of every business later acquired by the group or the beginning of a family history.[2][5]
Explore the related profile → - 2017
Bancrédito appears in cultural reporting
Mario Alegre-Barrios published an account of Fernando Botero's Mujer sentada at American International Plaza in Hato Rey. The report identified Bancrédito International Bank as a business based in the building and named Julio M. Herrera Velutini as its president. This entry uses the article's publication date and documents the public-art event described in that contemporary account.[3]
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Development
- 2018
The Britannia company name is recorded
The UK register gives 6 April 2018 as the end of the holding company's use of the name Helvetica Financial Group Limited. The company is now recorded as Britannia Financial Group Limited under the same company number. A name change should be distinguished from creating a new company: the registration number connects the successive names.[2]
Explore the related profile → - 2019
Berkeley Futures joins the group
Britannia's published corporate history places the acquisition of Berkeley Futures in 2019. This milestone concerns the development of the operating business associated with Britannia Global Markets. The acquired firm's earlier history is separate from the holding company's 2016 incorporation. The source supplies a year, so this timeline does not invent a particular month or closing day.[4]
Explore the related profile → - 2020
Headquarters move to The Scalpel
Britannia's corporate history records its move to global headquarters in The Scalpel in London in 2020. The entry describes an office milestone in the group's UK development. As with the acquisition entry, the company publishes a year rather than a precise day. The timeline preserves that level of detail instead of suggesting greater precision.[4]
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Leadership & market access
- 2022
Julio Cesar Herrera becomes a director
Companies House records Julio Cesar Herrera's appointment as a director of Britannia Financial Group Limited. Britannia's current biography separately identifies him as group chief executive. The director appointment is the event dated here; it should not be reused as a CEO appointment date. His person profile explains the professional experience described by the company.[5][9]
Explore the related profile → - 2025
LME membership receives trade coverage
FOW reported Britannia Global Markets' Category 4 London Metal Exchange membership development. This is the date of the trade publication's report, providing an independent account of the announcement. Membership news and the start of trading are separate stages. The exchange later issued its own notice specifying when the brokerage would commence trading as a member.[7]
Explore the related profile → - 2026
LME trading commences
London Metal Exchange notice 26/057, dated 25 February 2026, specified 2 March for Britannia Global Markets to begin trading as a Category 4 member. It named Sucden Financial as administrative clearer. This milestone applies to the named brokerage and its exchange participation, rather than to every company within the wider Britannia Financial Group.[6]
Explore the related profile → - 2026
A further directorship is recorded
Companies House records a further appointment of Julio Martin Herrera as a director of Britannia Financial Group Limited. His earlier directorship ran from 10 October 2016 until 11 May 2022. Presenting both periods preserves the distinction between separate appointments and gives readers a direct route to the company's officer record for the filed details.[5]
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Sources & further reading
Sources checked 24 September 2026. Dates below refer to publication or the cited record. Company and family publications are labelled separately from independent reporting.
- 01Re Agreement — agreement to buy Banco Caracas
Bank founded in August 1890; Fivenez merger in June 1999; agreement dated 6 October 2000.
https://www.investegate.co.uk/announcement/rns/banco-santander-s-a---bnc/re-agreement-/196422 - 02Britannia Financial Group Limited — company 10417641
Incorporation, company number, status and former company name.
https://find-and-update.company-information.service.gov.uk/company/10417641 - 03Botero y una de sus mujeres con hogar en Hato Rey
Contemporary reporting identifies the bank, its president and the 2017 public-art installation.
https://www.estoeselagua.com/post/2017/02/04/botero-y-una-de-sus-mujeres-con-hogar-en-hato-rey - 04About us — businesses, leadership and history
London headquarters, business divisions and acquisition history.
https://www.britannia.com/about/ - 05Britannia Financial Group Limited — officers
Director appointments and the names used in statutory filings.
https://find-and-update.company-information.service.gov.uk/company/10417641/officers - 06Notice 26/057 — Britannia Global Markets Limited membership
Category 4 trading commencement on 2 March 2026, distinct from the 2025 membership announcement.
https://www.lme.com/api/sitecore/MemberNoticesSearchApi/Download?id=33ba5b61-4b0e-4237-9169-e76d426ec2f0 - 07Britannia Global Markets joins LME with Cat 4 membership
Independent coverage of the broker's return to LME membership.
https://www.fow.com/insights/britannia-global-markets-rejoins-lme-with-cat-4-membership - 08El BSCH arrebata al BBVA el liderazgo en Venezuela al comprar el Banco de Caracas
Contemporary acquisition reporting and identification of the Nogueroles shareholders.
https://elpais.com/diario/2000/10/07/economia/970869612_850215.htmlSpanish-language report; publisher access conditions may apply.
- 09Julio Cesar Herrera — Chief Executive Officer
Published role and previous strategy, M&A and credit responsibilities.
https://www.britannia.com/person/julio-cesar-herrera/