It is Lutyens' major work in Manchester and was designated a Grade II* listed building in 1974.

[2] A castle-like Art Deco building, surrounded by roads on all four sides,[3] the architects for the former bank were Lutyens in collaboration with Whinney, Son & Austen Hall and it was built between 1933 and 1935 by J. Gerrard & Sons of Swinton and features carvings by the local sculptor John Ashton Floyd.

Jamie Oliver opened an Italian restaurant in the former banking hall in 2011,[10] which closed in 2019 after the company went into administration.

[13] In August 2022, Gordon Ramsay announced that he planned to open a restaurant in the unit formerly occupied by Jamie's Italian.

[15] The restaurant spans three floors and features a private dining room situated in the underground bank vault.