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Bankside is the riverside of the former liberties of the Clink and Paris Garden.

In the Elizabethan period, because of its location outside the jurisdiction of the City of London, the area of the Clink and Paris Garden were outside of the City of London's authority and so became occupied by the bear baiting pits and playhouses, including the Rose, the Hope Theatre, the Swan and the Globe Theatre of which a replica was constructed in the late 1990s.

It has experienced regeneration in recent decades, becoming a significant tourist destination, and forms a business improvement district.

The skyline of Bankside is dominated by the former Bankside Power Station, which now houses the Tate Modern.