SNAKES IN BANKING

 

This site is dedicated to Bloomberg News reporter  Mark Pittman .

Timeline of snakes

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"The American Beauty Rose can be produced
in its splendor and fragrance 
only by sacrificing the early buds 
which grow up around it."
-J.D. Rockefeller, Jr. in an address
on trusts, to the students of Brown University


---------------------------------

1636

1636 - HARVARD FOUNDED - In June, Roger Williams founds Providence and Rhode Island. Williams had been banished from Massachusetts for "new and dangerous opinions" calling for religious and political freedoms, including separation of church and state, not granted under the Puritan rules. Providence then becomes a haven for many other colonists fleeing religious intolerance


1690

John Freame and Thomas Gould start trading as goldsmith bankers     http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

1693

1693 - The College of William and Mary is founded in Williamsburg, Virginia.
 

1701

1701 - In July, The French establish a settlement at Detroit. In October, Yale College is founded in Connecticut.


 

1730

Colonial banks were established in America

1736

James Barclay becomes partner in the bank                              http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 
 

1740

The Land Bank of Massachusetts was established to supply paper money, because the British government in 1737 ordered that the colony of Massachusetts issue no more paper money. This bank issued bank notes upon the security of land or of commodities--- banknotes that could be redeemed after twenty years,  and that might be paid in commodities.  It had no capital stock, but proposed to issue paper notes to the amount of 150,000 pounds (more than $500,000) to be secured by land. The Land Bank was finally suppressed by the British government.

1743

1743: Mayer Amschel Bauer, an Ashkenazi Jew, is born in Frankfurt, Germany, the son of Moses Amschel Bauer, a money lender and the proprietor of a counting house.

Moses Amschel Bauer places a red sign above the entrance door to his counting house. This sign is a red hexagram (which geometrically and numerically translates into the number 666) which under Rothschild instruction ended up on the Israeli flag some two centuries later.

 

1764

1774

The first Continental Congress met in Carpenter's Hall in Philadelphia, from September 5, to October 26, 1774.

The neglect of the British government to redress grievances which had been felt by the people, induced the colonies to form a closer connexion than their former isolated state, in the hopes that by a union they might procure what they had separately endeavored in vain, to obtain. In 1774, Massachusetts recommended that a congress of the colonies should be assembled to deliberate upon the state of public affairs; and on the fourth of September of the following year, the delegates to such a congress assembled in Philadelphia. Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, and Virginia, were represented by their delegates; Georgia alone was not represented. This congress, thus organized, exercised de facto and de jure, a sovereign authority, not as the delegated agents of the governments de facto of the colonies, but in virtue of the original powers derived from the people. This, which was called the revolutionary government, terminated only when superseded by the confederated government under the articles of confederation, ratified in 1781. Serg. on the Const. Intr. 7, 8. http://legal-dictionary.thefreedictionary.com/United+States 
 

1775

 The state of alarm and danger in which the colonies then stood induced the formation of a second congress. The delegates, representing all the states, met in May, 1775. This congress put the country in a state of defence, and made provisions for carrying on the war with the mother country; and for the internal regulations of which they were then in need; and on the fourth day of July, 1776, adopted and issued the Declaration of Independence. (q.v.) The articles of confederation, (q.v.) adopted on the first day of March, 1781, 1 Story on the Const. Sec. 225; 1 Kent's Comm. 211, continued in force until the first Wednesday in March, 1789, when the present constitution was adopted. 5 Wheat. 420.

The United States of America are a corporation endowed with the capacity to sue and be sued, to convey and receive property. 1 Marsh. Dec. 177, 181. But it is proper to observe that no suit can be brought against the United States without authority of law.

 The states, individually, retain all the powers which they possessed at the formation of the constitution, and which have not been given to congress. (q.v.)

 Besides the states which are above enumerated, there are various territories, (q.v.) which are a species of dependencies of the United States. New states may be admitted by congress into this union; but no new state shall be formed or erected within the jurisdiction of any other state, nor any state be formed by the junction of two or more states, or parts of states, without the consent of the legislatures of the states concerned, as well as of congress. Const. art. 4, s. 3. And the United States shall guaranty to every state in this union, a republican form of government. Id. art. 4, s. 4. See the names of the several states; and Constitution of the United States.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
http://legal-dictionary.thefreedictionary.com/United+States

1776

Congress adopts Declaration of Independence, July 4: The birth-certificate of the United States of America

1780

Bank of Pennsylvania was chartered.

In July, the Bank of Pennsylvania was established for the purpose of raising funds to carry on the war.

1781

Chartering of the Bank of North America

The Continental Congress, following the suggestion of Robert Morris, the financier of the American Revolution, created the Bank of North America.

The Continentalist No. IV, [30 August 1781]

1784

1784- Fleet National Bank  111 Westminster St Providence, RI 02903 FDIC Certificate #:2558  Date Established: January 1, 1784    Bank Charter Class: National Bank     Date of Deposit Insurance: January 1, 1934  Inactive as of: June 13, 2005     Closing History:  Merged without Assistance into Acquiring institution: Bank of America, National Association, Charlotte, NC -(3510)

click thumbnail to enlarge

                

Application to do business in Florida 2004

            

2005                 2006                 2007              2008               2009              2010               2011

  

withdrawal     2011

 

 

1784- Financing New York
After the Revolutionary War, New York City was in a state of disrepair. But the city was determined to bounce back. Just months after British forces left U.S. soil, local merchants and lawyers came together to create a bank that would forever play a crucial role in the global financial system.  
https://www.bnymellon.com/us/en/timeline.jsp

1784- $500,000
The Bank of New York opens for business with $500,000 in capital. Alexander Hamilton, financial leader and respected New York lawyer, singlehandedly writes its constitution and becomes one of the bank's directors. 
https://www.bnymellon.com/us/en/timeline.jsp

NOTE:  In an effort to rejuvenate the economy after the war, Hamilton was very vocal about the need for a bank. While some called for "land banks"—so called because capital was measured by land—he was a champion for the case of liquid assets that could be converted into cash as needed, which would make international markets more accessible.  https://www.bnymellon.com/us/en/timeline.jsp

 

1787

1787- Alexander McDougall is appointed first president of The Bank of New York.  https://www.bnymellon.com/us/en/timeline.jsp

NOTE: In 1787, the Fugio becomes the first coin authorized by Congress, though it is never circulated due to its light weight. Meaning "I Fly" in Latin, the coin prominently features the phrase "Mind Your Business."  https://www.bnymellon.com/us/en/timeline.jsp

1789

1789- First in Finance
Already colonel, scholar, lawyer and writer, Alexander Hamilton adds first U.S. Secretary of the Treasury to his list of achievements.  
https://www.bnymellon.com/us/en/timeline.jsp

NOTE:    The Bank of New York provides the first loan ever made to the U.S. government, in the amount of $200,000. A solid reputation with world governments—and a superior credit rating—is what still makes the Bank the safest bank in the U.S. today. https://www.bnymellon.com/us/en/timeline.jsp 
 

April 30, 1789, George Washington, standing on the balcony of Federal Hall on Wall Street in New York, took his oath of  office as the first President of the United States.

Born in 1732......

 

1790

The second session of the first Congress opened January 8, 1790... From the report of Alexander Hamilton, secretary of the treasury, it was found that the United States debt was fifty-four million dollars, for the payment of all of which he recommended adequate provision. No objection was felt in Congress to paying the foreign debt that had been incurred;
but the question of the full assumption by Congress of all the rest of the debts, including those contracted by the states, caused a long and anxious debate. Congress, however, by a small majority finally concluded to pay the whole debt.
In order to do this, the money derived from the sale of western lands was to be applied, together with what remained of the revenue after paying the current expenses of the government. It was also decided to borrow two millions of dollars at five per cent interest. ... [source: The Standard American Encyclopedia, volume Fourteen, George Washington, copyright 1937]

 

1790- Washington, D.C. is not in any state, but is an area of land under the jurisdiction of the United States Congress. 
The U.S. Constitution provided for creation of the district and the Residency Act, signed on July 16, 1790, officially approved the district's creation. 
The states of Maryland and Virginia donated the land, although the portion from Virginia was returned in 1847.
 

1791

First Bank of the United States established - George Washington 1st President 1789-1797

After the founding of the government under the Constitution, Alexander Hamilton, Secretary of the Treasury, recommended the establishment of a Bank of the United States.  He argued that such a bank would increase the currency by issuing notes for circulation.   It would also make it easier for the government to obtain loans, and would enable the people to pay their taxes.

After considerable debate, Congress voted to establish First Bank of America , with a capital stock of $10,000,000, one fifth of which was subscribed by the government;  the remainder was subscribed by the public.

The bank was permitted to issue notes which were to be receivable for payments due the United States.

First Bank of the United States opened at Philadelphia in December, 1791, and subsequently established eight branches.  The bank had a charter for twenty years, which expired in 1811, and was not renewed because of the opposition to it which developed on the part of a  large number of state banks.

The Bank of the United States was also unpopular because much of its stock was held in foreign countries. [This info came from an older school book- I'll post info on book later]

1792

1792-Starting the Exchange
Long before computers, industrial averages, or opening bells, New York City stockbrokers were changing the way the world does business. Twenty-four gathered under a buttonwood tree just steps from what is now BNY Mellon headquarters to sign a document that would soon lead to the formation of the New York Stock Exchange.  
https://www.bnymellon.com/us/en/timeline.jsp 

1792-Trading Up
The New York Stock Exchange opens. The Bank of New York is the first company traded.  
https://www.bnymellon.com/us/en/timeline.jsp 
 

Stock Exchange

1799 

Chase Manhattan Bank, N.A., The
1799 Established President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)  
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
01/01/1976 Acquire By Merger Chase Manhattan Bank of Eastern New York, N.A.
01/01/1976 Acquire By Merger Chase Manhattan Bank of the Southern Tier, N. A.
01/01/1976 Acquire By Merger Chase Manhattan Bank of Western New York, N.A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of Northern New York, N.A.
01/01/1976 Acquire By Merger Chase Manhattan Bank of Long Island, NA
01/01/1976 Acquire By Merger Chase Manhattan Bank of Mid-Hudson, N.A.
01/01/1976 Acquire By Merger Chase Manhattan Bank of Central New York, N.A.
12/01/1976 Acquire By Merger Chase Manhattan Bank of Greater Rochester, N. A.
01/01/1993 Acquire By Merger Chase Lincoln First Bank, National Association
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association     
http://www.dfs.ny.gov/about/histc.txt

 JPMorgan Chase & Co. is one of the oldest, largest and best-known financial institutions in the world. The firm's legacy dates back to 1799 when its earliest predecessor was chartered in New York City.

Our firm is built on the foundation of more than 1200 predecessor institutions. Its major heritage firms — J.P. Morgan, Chase Manhattan, Chemical, Manufacturers Hanover (in New York City) and Bank One, First Chicago, and National Bank of Detroit (in the Midwest) were each closely tied, in their time, to innovations in finance and the growth of the United States and global economies. As JPMorgan Chase & Co does today, these firms also made significant contributions to their local communities.           http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

The Manhattan Company, J.P. Morgan's  earliest predecessor institution, is chartered. https://www.jpmorgan.com/pages/company-history

1799: The Manhattan Company, the firm’s earliest predecessor institution, is chartered. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history


1799- Yellow Fever breaks out in Manhattan. The Bank of New York and many other downtown businesses move to the then independent Greenwich Village. 
https://www.bnymellon.com/us/en/timeline.jsp

NOTE:The Manhattan Company was a New York bank and holding company established in 1799. The company merged with Chase National Bank in 1955 to form the Chase Manhattan Bank. It is the earliest of the predecessor institutions that eventually formed the current JPMorgan Chase & Co.

1800

-There were only twenty-eight  banks in 1800.

-The capital moved from Philadelphia to Washington.

1800- The First National Bank of Laurel
FDIC Certificate #: 4989
Status: Inactive
Closing history: Corrections
Acquiring institution: Deposit Guaranty National Bank (#9784)
Federal Reserve ID: 54432
Date Established: January 01, 1800
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
FDIC's unique #: 3328
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 01, 1983
Last Structure Change Process Date: September 13, 1983
Last Data Update: October 17, 1995
Data Source Date: April 05, 2012
Location
Address: 401 Central Avenue, Laurel, MS 39440
County: Jones
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Laurel, MS (#29860)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $126.1 mil

Read more: 
http://www.bankencyclopedia.com/The-First-National-Bank-of-Laurel-4989-Laurel-Mississippi.html#ixzz4I67l9h2W 

http://www.bankencyclopedia.com/The-First-National-Bank-of-Laurel-4989-Laurel-Mississippi.html

 

 

1804 

1804- First in Finance
The Bank of New York becomes depositary for what is believed to be the nation's first trust, established to provide for Alexander Hamilton's family after his death. 
https://www.bnymellon.com/us/en/timeline.jsp

 

1811

There were eighty-eight  banks, with a capital stock of $42,600,000.

1812

From Citi Grows Many Names

City Bank of New York
1812 Established City Bank of New York
1865 Convert Federal National City Bank of New York
05/01/1897 Acquire By Merger Third National Bank of the City of New York
06/01/1921 Acquire By Merger Commercial Exchange National Bank of New York
12/01/1921 Acquire By Merger Second National Bank of the City of New York
06/01/1926 Acquire By Merger Peoples Trust Company of Bklyn N.A. of New York
06/01/1929 Acquire By Merger Farmers' Loan State Bank
1931 Acquire By Merger Long Island National Bank of New York
11/01/1931 Acquire By Merger Bank of America National Association
03/01/1955 Name Change To First National City Bank of New York
01/01/1962 Name Change To First National City Bank
01/01/1963 Acquire By Merger First National City Trust Company
1976 Name Change To Citibank, N.A.
01/01/1976 Acquire By Merger Citibank (Suffolk), N.A.
01/01/1976 Acquire By Merger Citibank (Mid-Hudson), N.A.
07/17/2001 Acquire By Merger European American Bank
08/30/2003 Acquire By Merger Citibank (New York State)
http://www.dfs.ny.gov/about/histc.txt 

The City Bank of New York was formed on June 16th, 1812, after overcoming many obstacles and political maneuverings. Led by Samuel Osgood, a far-sighted elder statesman who believed in expanding trade across borders, the bank let New York compete with Boston, Baltimore and Philadelphia for the nation's business.

http://www.citigroup.com/citi/about/history/101.htm

First National City Bank of New York
         1812 Established City Bank of New York
         1865 Convert Federal National City Bank of New York
   05/01/1897 Acquire By Merger Third National Bank of the City of New York
   06/01/1921 Acquire By Merger Commercial Exchange National Bank of New York
   12/01/1921 Acquire By Merger Second National Bank of the City of New York
   06/01/1926 Acquire By Merger Peoples Trust Company of Bklyn N.A. of New York
   06/01/1929 Acquire By Merger Farmers' Loan State Bank
         1931 Acquire By Merger Long Island National Bank of New York
   11/01/1931 Acquire By Merger Bank of America National Association
   03/01/1955 Name Change To First National City Bank of New York
   01/01/1962 Name Change To First National City Bank
   01/01/1963 Acquire By Merger First National City Trust Company
         1976 Name Change To Citibank, N.A.
   01/01/1976 Acquire By Merger Citibank (Suffolk), N.A.
   01/01/1976 Acquire By Merger Citibank (Mid-Hudson), N.A.
   07/17/2001 Acquire By Merger European American Bank
   08/30/2003 Acquire By Merger Citibank (New York State)

First National City Trust Company
         1822 Established Farmers Fire Insurance & Loan Company
         1836 Name Change To Farmers Loan and Trust Company
   06/01/1929 Purchased Trust National City Bank of New York
   06/01/1929 Name Change To City Bank Farmers Trust Company
   12/19/1931 Acquire By Merger Bank of America Trust Company
   01/30/1959 Convert Federal First National City Trust Company
   01/01/1963 Merge To Federal First National City Bank
         1976 Name Change To Citibank, N.A.       
http://www.dfs.ny.gov/about/histf.txt


 

 

1813

1813-The Bank of New York establishes a relationship with Baring Brothers, a British banking house. When Baring later made a substantial loan to the Bank in 1822, successful repayments improved the Bank’s financial position and set the stage for strong international ties.https://www.bnymellon.com/us/en/timeline.jsp

 
1815

The number of state banks increased from 88 to 246.

Many of these banks were organized without proper restriction and therefore issued notes beyond their power to redeem.  The loose credit system of selling public lands in the West led to inflation.   Disorder followed because many of the banks were  not properly supervised.

During the period from 1814 to 1817,the government received for the sale of its land worthless banknotes which amounted to more than $4,000,000

1816

Second Bank of the United States is chartered -James Madison was 4th President 1809-1817

The charter for the first Bank of the United States had not been renewed by Congress when it ran out, and a second Bank of the United States had been chartered in 1816. Toward the end of Jackson's first term a bill was passed by Congress to renew the charter of this second bank.

President Jackson, in keeping with his frontier upbringing , disliked the bank.  He was afraid, as were many of the common people, that it was operated for the benefit of the moneyed classes.  Because of his personal feelings,  he vetoed the bill of Congress to extend its license...

After he was elected for the second term, Jackson ordered the Secretary of the Treasury to withdraw all United States funds from the national bank and to place them in various state banks. [source: History of Our United States, Second Edition, page 285]

 

1817

The South Carolina National Bank of Charleston is one of the most important buildings on Broad Street, South Carolina's oldest commercial street. It has been in continuous use as a bank since it was constructed in 1817. In the early 19th century, Charleston ranked highly enough as a commercial center to have a branch of the Second Bank of the United States, whose charter was drawn up by John C. Calhoun, the State's preeminent statesman.

This financial institution was the second attempt at a national bank; The First Bank of the United States had also established a branch in Charleston, now City Hall.

This Second Bank branch, that of Discount and Deposit, was the only bank in the city equipped to handle the international transactions so crucial to the rice trade, a mainstay of the Lowcountry economy. http://www.nps.gov/nr/travel/charleston/sbc.htm

1818

Brown Brothers Harriman was established in Philadelphia, 
Pennsylvania in 1818. Through strategic investments and innovative business decisions, we have transitioned from leaders in merchant banking and transatlantic trade to an integrated worldwide financial services firm. We honor our past and we try to learn from it. But, in the day-to-day management of our business, we try to exercise enlightened opportunism. Because we are not beholden to stockholders, we try to take the long view and do what is best for our clients and the Partnership. 
https://www.bbh.com/wps/portal/ourfirm/history

1819

Stockton and Darlington Railway funded by Barclays         

 http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

 

1823

The Chemical New York Corporation began as the New York Chemical Manufacturing Company. The company was established in 1823 by Baldhead P. Melick, Mark Spenser, and Geradus Post. These founders originally wanted to form a bank; however, due to laws governing banks at that time, it was easier to start a company for other purposes and then add banking activities to the company's chartered activities. The founders followed precisely that formula and in 1824 established Chemical Bank as a division of New York Chemical Manufacturing Company.

The bank thrived through the following decades. In 1884, when New York Chemical Manufacturing Company's charter expired, the chemical company was liquidated and the company was reincorporated as a bank only. In 1853 the bank became a founding member of the New York Clearing House, an association of banks formed to help members clear banking transactions. 
http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

 


 

  1824

The Chemical Bank is established.  https://www.jpmorgan.com/pages/company-history

1824: The Chemical Bank is established.  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

 

1829

Atlantic National Bank of the City of New York
1829 Established Merchants Exchange Bank in the City of New York
1865 Convert Federal Merchants Exchange Natl Bank of the City of NY
07/01/1914 Name Change To Atlantic National Bank of the City of NY
07/01/1922 Merge To State Bank of America (1812-1928)
03/01/1928 Convert Federal Bank of America National Association
11/01/1931 Merge To Federal National City Bank of New York
03/01/1955 Name Change To First National City Bank of New York
01/01/1962 Name Change To First National City Bank
1976 Name Change To Citibank, N.A. 
   http://www.dfs.ny.gov/about/hista.tx
 

1836

The newly chartered Bank of Charleston purchased the South Carolina National Bank of Charleston building on Broad Street, South Carolina's oldest commercial street  building in 1836, shortly after the Second Bank failed following the withdrawl of all government deposits by President Andrew Jackson.  http://www.nps.gov/nr/travel/charleston/sbc.htm

1837

George Peabody, a Massachusetts’s trader, set up a banking house - George Peabody & Co. - in London in 1837.

 

1840

1840: The Rothschilds become the Bank of England’s bullion brokers. They set up agencies in California and Australia.

 

1844

In 1844, Henry Lehman immigrated from Rimpar, Germany, to Montgomery, Alabama where he established a small shop selling groceries, dry goods, and utensils to the local cotton farmers. By 1850, his two brothers, Emanuel and Mayer, had joined him in the business, and they named it Lehman Brothers.  http://www.library.hbs.edu/hc/lehman/history.html

1845

PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania on April 10, 1845.[7][8] Due to the long recovery from the Great Fire of Pittsburgh, PNC was not fully operational until January 28, 1852,[9] when it opened offices at Liberty Avenue and 12th street. The bank was renamed The Pittsburgh Trust Company in 1853.[10] In 1858, the company located its corporate offices at the corner of Fifth Avenue and Wood Street in Pittsburgh where they remain to this day. The bank changed its name to First National Bank of Pittsburgh in 1863, after it became the first bank in the country to apply for a national charter[7] as part of that year's National Banking Act.[11] It received charter number forty-eight on August 5, 1863, with other later banks receiving charters sooner due to paperwork problems and the fact that the bank was already in business.[7][10]

By 1959, after a series of mergers, the bank had evolved into the Pittsburgh National Bank,[12] which later became the leading subsidiary of Pittsburgh National Corporation. Another branch of the current bank, the Philadelphia based Provident National Corporation, dates back to the mid-19th century.[11] 
https://en.wikipedia.org/wiki/PNC_Financial_Services 
 

1848

Gold discovered in California, January 18.

By 1848 the Bank of Charleston became a regional power with affiliates in Georgia, Alabama, Florida, and Louisiana. The bank managed to survive financially during the Civil War and Reconstruction, despite a $1.5 million loan to the Confederacy.http://www.nps.gov/nr/travel/charleston/sbc.htm

 The Waterbury Bank opens, a predecessor of the Chase Manhattan Bank. https://www.jpmorgan.com/pages/company-history  

1848: The Waterbury Bank opens, a predecessor of the Chase Manhattan Bank.  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1849

Salmon Portland Chase AKA Salmon P. Chase, (nephew of Dudley Chase, cousin of Dudley Chase Denison, and father-in-law of William Sprague [1830-1915])elected to the United States Senate as a Free Soil candidate and served from March 4, 1849, to March 3, 1855;http://bioguide.congress.gov/scripts/biodisplay.pl?index=C000332

Auburn Savings Bank
03/12/1849 NYS Chartered Auburn Savings Bank
09/30/1983 Merge To State Syracuse Savings Bank
05/13/1987 Sav Bnk To Trust
05/13/1987 Name Change To Norstar Bank of Central N.Y.
10/01/1991 Merge To State Norstar Bank of Upstate NY
06/08/1992 Name Change To Fleet Bank of New York
07/01/1994 Name Change To Fleet Bank
11/13/1997 Merge To Federal Fleet Bank N.A.

http://www.dfs.ny.gov/about/hista.txt

 

1850


HSBC USA Inc.founded in 1850 and is based in New York, New York. HSBC USA Inc. is a subsidiary of HSBC North America Inc.
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=995257

1852 

Wells Fargo in Laredo, Texas1852: Henry Wells and William G. Fargo (Mayor of Buffalo, NY from 1862 to 1863 and again from 1864 to 1865), the two founders of American Express, form Wells Fargo & Company to provide express and banking services to California.

Augustus Savin Chase, became Waterbury Bank‘s Cashier in 1852 and President in 1865, controlled it until his death in 1896.http://historicbuildingsct.com/?p=6906

1853

 U.S. Trust becomes the first company in the nation to transact the business of a trust institution.   http://www.ustrust.com/ust/pages/about-us.aspx

Our History and Heritage

At U.S. Trust, we have a long and rich history of helping clients achieve their own unique objectives. Since 1853, we've been committed to listening, building long-term relationships, and helping individuals and their families realize the opportunities they create for themselves, their children, businesses, communities and future generations.

A few of our milestones include:
◦1853: U.S. Trust becomes the first company in the nation to transact the business of a trust institution.
◦1880: U.S. Trust serves as Corporate Trustee for the Panama Canal
◦1906: Bank of Italy, today known as Bank of America, provides loans to citizens of San Francisco to rebuild after the earthquake.
◦1998: NationsBank acquires BankAmerica Corp to create the first coast-to-coast retail banking franchise - Bank of America
◦2007: Bank of America acquires U.S. Trust

http://www.ustrust.com/ust/pages/about-us.aspx

The Chemical New York Corporation began as the New York Chemical Manufacturing Company. The company was established in 1823 by Baldhead P. Melick, Mark Spenser, and Geradus Post. These founders originally wanted to form a bank; however, due to laws governing banks at that time, it was easier to start a company for other purposes and then add banking activities to the company's chartered activities. The founders followed precisely that formula and in 1824 established Chemical Bank as a division of New York Chemical Manufacturing Company.

The bank thrived through the following decades. In 1884, when New York Chemical Manufacturing Company's charter expired, the chemical company was liquidated and the company was reincorporated as a bank only. In 1853 the bank became a founding member of the New York Clearing House, an association of banks formed to help members clear banking transactions. 
http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

Established in 1853 by the nation’s leading banks, The Clearing House originally functioned as the de facto central bank for banks in the United States long before the Federal Reserve was formed—facilitating exchanges, setting monetary policy, issuing a form of currency and even storing vaults of gold to back settlements.

---The Clearing House Association is a New York–headquartered trade group with a deep legacy and tradition. Formed in 1853, it is the nation’s first banking association that today advocates on regulatory, legislative, and legal public policy issues on behalf of the largest U.S. commercial banks before policymakers, courts of law, and standards setters in the United States and abroad.

Banks that own The Clearing House Association:

Comerica
Citibank
Capital one
BNY Mellon
BB&T
Citizens Bank
PNC BANK
M&T Bank
Key Bank
JP Morgan Chase & co.
Wells Fargo
USbank
MUFG
UBS
Bank Financial Group
SunTrust
HSBC
Barclays
State Street
Fifth Third Bank
Bank of the West
Bank of America
Deutsche Bank 
Santander

https://www.theclearinghouse.org/about-tch/tch-owner-banks

1854

1854: Junius Spencer Morgan, J. Pierpont Morgan’s father, partners with George Peabody in the English banking house of George Peabody & Co. He succeeds Peabody as head of the firm and changes its name to J.S. Morgan & Co.     https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history


1856

1856 – Foundation
On July 16, 1856, the Schweizerische Kreditanstalt (SKA) founded by Alfred Escher, the predecessor to today's Credit Suisse, opens for business. Alfred Escher heads the SKA as the first Chairman of the Board of Directors from 1856-1877 and from 1880-1882.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

 

1857

During the recession of 1857 many new banks experienced a great deal of financial difficulty. Despite the condition of the economy, Chemical Bank redeemed bank notes in specie after other banks had started issuing paper loan certificates. Chemical Bank weathered the crisis and remained stable through the Civil War.   http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

1858

Discovery of silver in Nevada.

1859

​Washington Mutual Bank
04/12/1859 NYS Chartered Dime Savings Bank of Brooklyn
06/30/1970 Name Change To Dime Savings Bank of New York, The
06/23/1983 Convert Federal Dime Savings Bank of NY, FSB
01/07/2002 Purchased By Washington Mutual Inc.
01/07/2002 Name Change To Washington Mutual Bank

Washington Savings Bank of the City of New York
1897 Established Washington Savings Bank of the City of New York
12/29/1910 Failed

Washington Trust Company of the City of New York
1889 Established Washington Trust Company of the City of New York
01/01/1914 Merge To State Corn Exchange Bank
05/01/1929 Converted To Corn Exchange Bank Trust Company
10/15/1954 Merge To State Chemical Bank and Trust Company
10/15/1954 Name Change To Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/histw.txt 
 

---New York Community Bank  was chartered by the State of New York in Queens, a borough of New York City. https://www.mynycb.com/Pages/AboutUs.aspx 

---Queens County Savings Bank​ -Established on April 14, 1859 in the village of Flushing, Queens County Savings Bank - the forebear of New York Community Bank - was the first savings bank chartered by the State of New York in the New York City borough of Queens. https://www.mynycb.com/Pages/AboutUs.aspx

---Colonel E.L. Drake sinks an oil well in western Pennsylvania. A few years before  that, a professor of chemistry at Yale University had analyzed oil and had come to the conclusion that by very simple and inexpensive processes many valuable products could be manufactured from it.

1860

1860: Wells Fargo gains control of Butterfield Overland Mail Company, leading to operation of the western portion of the Pony Express.

Atlantic Savings Bank
04/11/1860 NYS Chartered Atlantic Savings Bank
01/01/1874 Name Change To Bond Street Savings Bank
09/20/1876 Failed
http://www.dfs.ny.gov/about/hista.txt

 

1861

Secession of Mississippi (January9), Florida (January 10),Alabama (January11), Georgia (January 19), Louisiana (January 26), Texas (February 1). Kansas admitted into the Union, January 29.

Southern Confederacy founded at Montgomery, Alabama, February 4; Jefferson Davis chosen as President.

Abraham Lincoln inaugurated, March 4.

Secession of Virginia (April17), Arkansas (May 6), North Carolina (May 21), and Tennessee (June 8).

Salmon Portland Chase AKA Salmon P. Chase was appointed secretary of the treasury by President Abraham Lincoln. He took office on March 7, 1861. The United States now is divided into two countries: The Confederate States of America, with Jefferson Davis as president; The United States of America, with Abraham Lincoln as president. The Union was in need of revenue as the two countries were headed into war..

Chase implemented a unified nationwide banking system with the National Banking Act, and devised the idea of utilizing paper currency to function as war notes. The "greenback" bills, which came in various denominations, became the basis for the federal paper money system that Americans use today. In order to collect taxes to finance the government's war effort, he also established the Bureau of Internal Revenue, which later became known as the Internal Revenue Service.

--As Treasury Secretary from 1861 to 1864, Salmon Chase raised the $500 million needed to finance the Civil War after striving hard to prevent it’s having to be fought at all. To accomplish this, he sold war bonds with the help of early investment bankers Jay Cooke & Co.

Chase also was the father of our modern paper currency as he created the first "greenback" demand note in 1861. We won’t hold the fact that his own face appeared on many of these notes against him. Chase is said to have personally made the decision to have "In God We Trust" added to the bills as well.  
http://www.philstockworld.com/tag/10000-bill/ 
 

1862

Above: Letter dated January 3, 1862, from Treasury Secretary Salmon P. Chase to President Abraham Lincoln recommending George S. Boutwell for the newly-created post of Commissioner of Internal Revenue. 
The Abraham Lincoln Papers at the Library of Congress, American Memory Collections.

 

Further reorganization came in the 1950s, replacing the patronage system with career employees. The IRS Restructuring and Reform Act of 1998 prompted the most comprehensive reorganization and modernization of IRS in nearly half a century and established a Taxpayer Advocate Service as an independent voice inside the agency on behalf of the taxpayer.

April 15th has not always been the filing deadline. March 1st was the date specified by Congress in 1913, after the passage of the 16th amendment. In 1918 Congress pushed the date forward to March 15th, where it remained until the tax overhaul of 1954, when the date was again moved ahead to April 15th. For further information on the choice of April 15th as the filing date see Yahoo! External Link and Fortune "Great questions of our age: Why is tax day April 15?" by Jessica Sung. Fortune, Apr 15, 2002. (Volume 145, Issue 8; page. 64,). 
http://www.loc.gov/rr/business/hottopic/irs_history.html 
 

---The oil industry was developed largely by John D. Rockefeller, who in 1862 invested his first earnings in the oil refining business.

--- In order to further finance the war, the Bureau of Engraving and Printing was established in 1862 to print the Government's first currency, known as greenback because of its color. These were legal tender notes not backed by specie. Chase disapproved in principle of the legal tender notes; with no requirement for specie backing they could be printed in unlimited quantities and were therefore inflationary. He recognized their necessity in a time of emergency, but later, as Chief Justice of the Supreme Court, he would declare the notes unconstitutional.http://www.treasury.gov/about/history/Pages/spchase.aspx 
 

1863

This is where the American people started getting robbed

National bank system established.

 

Secretary of the Treasury Chase was largely responsible  the Act of 1863,which began the national bank system. It provided for the organization of local banks under the supervision of the national government, and gave them the right to issue bank notes if they owned government bonds with which to back them.

U.S. Bank    
Concentration: All Other Specialization > 1 Billion 
Established: 1863-07-13 
FDIC Insurance: 1934-01-01 
Holden By: U.S. Bancorp 
Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) 
http://www.usbanklocations.com/u-s-bank-u-s-bank-national-association.html
 

1863-First National Bank of the City of New York  http://web.archive.org/web/20030408132039/http://www.citigroup.com/citigroup/corporate/history/data/tree85x11.pdf

NOTE:1976 First National City Bank becomes Citibank, N.A.(for National Association).http://dca.lib.tufts.edu/features/wriston/about/bankingtimeline.html#footnote60

1865

Kidder was founded in Boston on April 1, 1865, by Henry Kidder, Francis Peabody and Oliver Peabody. When the firm first opened, it advertised "banking, brokerage and exchange business." - See more at: http://wallstreetlaw.typepad.com/sherman/kidder-peabody-collapse/#sthash.VQRfk0wa.dpuf

 

In 1865 the bank acquired a national charter as the Chemical National Bank of New York and began issuing government-backed national bank notes, the predecessor of paper money. The bank also became a depository of federal funds and the required reserves of other national banks. Chemical Bank's reputation for stability was enhanced by the higher liquidity and solvency requirements set by the federal government. Through the end of the nineteenth century the bank was a major correspondence banker and one of the largest and strongest banks in North America.http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

President Lincoln shot by an assassin, April 14; dies a few hours later.

1865: In a statement to Congress,President Abraham Lincoln states, "I have two great enemies, the Southern Army in front of me, and the financial institutions in the rear. Of the two, the one in my rear is my greatest foe."

Andrew Johnson inaugurated President, April 15.

Rockefeller organized the firm of Rockefeller and Andrews.  Very early John D. Rockefeller saw the advantage of large-scale operations and, together with H. M. Flagler, worked to secure more effective consolidation.

HSBC Holdings plc is a British multinational banking and financial services company headquartered in London, United Kingdom. It is one of the world's largest banks. It was founded in London in 1991 by the Hongkong and Shanghai Banking Corporation to act as a new group holding company. The origins of the bank lie in Hong Kong and Shanghai, where branches were first opened in 1865. The HSBC name is derived from the initials of the Hongkong and Shanghai Banking Corporation. As such, the company refers to both the United Kingdom and Hong Kong as its "home markets". https://youtu.be/6bBIgOlYNkY

1866

1866: "Grand consolidation" unites Wells Fargo, Holladay, and Overland Mail stage lines under the Wells Fargo name.

1867

Kuhn, Loeb & Co.Investment bank founded 1867 by Abraham Kuhn and Solomon Loeb. it merged in 1977 with Lehman Brothers, making Lehman Brothers, Kuhn, Loeb Inc. This firm was then acquired in 1984 by Shearson/American Express, ending with the utterly awkward name, Shearson Lehman/American Express.  http://www.nndb.com/company/062/000124687/

Rockefeller, Andrews & Flagler was a business concern formed in 1867 in Cleveland, Ohio which was a predecessor of the Standard Oil Company. The principals and namesakes were John D. Rockefeller, William Rockefeller, Samuel Andrews, and Henry M. Flagler. Flagler’s wife’s uncle, Stephen V. Harkness made substantial investments, but was a silent partner and did not take an active role in running the business but he was actually the second largest stockholder next to JD Rockefeller.http://www.oilfieldwiki.com/wiki/Rockefeller,_Andrews_%26_Flagler 

1868

Check for the Purchase of Alaska
 

Cancelled check in the amount of $7.2 million, for the purchase of Alaska, issued August 1, 1868; Records of the Accounting Officers of the Department of the Treasury; Record Group 217; National Archives.

With this check, the United States purchased Alaska from Russia for $7.2 million. For less than 2 cents an acre, the United States acquired nearly 600,000 square miles 
http://www.archives.gov/historical-docs/document.html?doc=10&title.raw=Check%20for%20the%20Purchase%20of%20Alaska

Bought from Russia by US Government in 1867 for 2 cents per acre ($7.3 million). The US military are a major landowner, with around 2 million acres, and are responsible for about 18,000 jobs in Alaska. The main industry is oil, which produces state revenues of over $2 billion pa, from about 15.7 million acres leased to American and British oil compaines. The US Government estimates that there are 15 million acres of agricultural land in Alaska, of which under 1 million acres are currently cultivated. There are five main groups of native people in Alaska, which takes its name from the Aleut word for ‘great land’: Alyeska. Many of the native peoples have Russian surnames from the period of Russian colonisation (c. 1690-1867). The main groups of native people are: the North coast indians, the Inupiaqs, the Yupiks, the Aleuts and the Athabascan Indians.http://www.whoownstheworld.com/about-the-book/alaska-usa/

NOTE: 

[Alaska's] main oil companies with the 15 million acres of leases are: Chevron, BP Exploration, Exxonmobil, Marathon, Phillips, Shell, totalFina and Unocal. http://www.whoownstheworld.com/about-the-book/alaska-usa/

Mercantile Trust Company (1873-1911)
1868 Established Mercantile Loan and Warehouse Company
1873 Name Change To Mercantile Trust Company (1873-1911)
08/10/1911 Merge To State Bankers Trust Company
http://www.dfs.ny.gov/about/histm.txt 
 

1869

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.http://www.goldmansachs.com/who-we-are/at-a-glance/index.html

T. Mellon & Sons' Bank is established in 1869. When patriarch Thomas retires in 1882, his sons Andrew and Richard are there to take over the family business. In 1902, the name is changed to Mellon National Bank and joins the national banking system.
https://www.bnymellon.com/us/en/timeline.jsp

Abingdon Square Savings Bank
1869 Established Abingdon Square Savings Bank
08/01/1876 Failed
http://www.dfs.ny.gov/about/hista.txt

1870

1870 – First Representative Office
The first Credit Suisse foreign representative office is established in New York.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html


Standard Oil 

This was a predominant, horizontally integrated oil producing, transporting, refining, and marketing company. Established in 1870, it operated as a major company trust and was one of the world's first and largest multinational corporations until it was dissolved by the United States Supreme Court in 1911; John D. Rockefeller 
 

---In 1870 Rockefeller organized the Standard Oil Company of Ohio, with a capital stock of $1,000,000. The company issued 10,000 shares,  at $100 each, which were held by Rockefeller, his brother William, and other associates.

To secure economy of operation and avoid wasteful competition, Rockefeller conceived a plan which he called "co-operation and conservation." He believed that under one leadership many industries could be combined, and the less economical ones eliminated. John D. Rockefeller thought that oil should be kept off the market at times of oversupply,  to stabilize prices.

1871

UNITED STATES is a Corporation - There are Two Constitutions - Sovereignty

The increasing political control of wealth was pointed out as early as 1871 by Henry Ward Beecher when he stated that "We are in more danger from overgrown pecuniary interests [that is, from organized money] than we ever were from slavery." He also said that the battle of the future " will be one of gold and silver." [The Development of America, by Fremont P.Wirth, Professor of History, George Peabody College for Teachers, Nashville, Tennessee, copyright 1936,1937,1938,1939,1940,1941,1942,1943,1944,1945,1946,1947,1948 ,page 428]

J. Pierpont Morgan and Philadelphia banker Anthony Drexel form a private merchant banking partnership in New York called Drexel, Morgan & Co. This is the earliest partnership that evolves into J.P. Morgan.  https://www.jpmorgan.com/pages/company-history

1872

 Third National Bank and Trust Company of Scranton  Established: April 15, 1872

1872: Deutsche Bank is represented in New York with a limited partner's holding of $ 500,000 in Knoblauch & Lichtenstein.https://www.db.com/usa/content/en/Chronicles.html

-In 1872, Alpheus Branch and Thomas Jefferson Hadley, private bankers, created Branch and Hadley.  http://bbt.mediaroom.com/index.php?s=22728

1873

1873: The Scottish American Investment Trust, a Robert Fleming & Co. predecessor firm, is formed.https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

Salmon Chase died at the the age of 65 in 1873 and the Chase Manhattan Bank (now a part of JPMorgan Chase) was named in his honor. http://www.philstockworld.com/tag/10000-bill/  
 

1875

Roslyn Savings Bank- Established in 1875, The Roslyn Savings Bank was the first financial institution to be headquartered in  Nassau County, New York. https://www.mynycb.com/Community/Pages/Foundations.aspx
 

 1876

 

Bank of Batavia
1876 Established Bank of Batavia
1902 Convert Federal Marine National Bank of Buffalo, The
01/15/1936 Merge To State Marine Trust Company of Buffalo
04/28/1951 Name Change To Marine Trust Company of Western New York
09/01/1965 Name Change To Marine Midland Trust Company of Western New York
01/01/1970 Name Change To Marine Midland Bank - Western
01/01/1976 Merge To State Marine Midland Bank (12/75-2/80)
02/01/1980 Convert Federal Marine Midland Bank, N.A.
12/31/1993 Convert State Marine Midland Bank
03/29/1999 Name Change To HSBC Bank USA
12/31/1999 Merge To State Republic Bank of New York
12/31/1999 Name Change To HSBC Bank USA
06/30/2004 Convert Federal HSBC Bank USA
http://www.dfs.ny.gov/about/histba.txt

1876 – Paradeplatz
After a construction period of three years, SKA moves into the new building on Paradeplatz, which was designed by the famous architect Jakob Friedrich Wanner, on September 25, 1876.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1877

Chase National Bank was formed in 1877 by John Thompson. The Chase National Bank acquired a number of smaller banks in the 1920s, through its Chase Securities Corporation. In 1926, for instance, it acquired Mechanics and Metals National Bank. In 1955, Chase National Bank and The Manhattan Company merged to create Chase Manhattan Bank. http://finance.mapsofworld.com/banks/chase-bank.html

Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. 
 

1880

U.S. Trust serves as Corporate Trustee for the Panama Canal.  http://www.ustrust.com/ust/pages/about-us.aspx
 

1881

Nelson Aldrich of Rhode Island rose from the position of grocery clerk to become one of the most powerful senators of his era. Elected to the Senate in 1881, he chaired the Committee on Finance from 1898 to 1911, becoming an influential expert on the economy.

He sponsored the Aldrich-Vreeland Act which established the National Monetary Commission. His Aldrich Plan, providing for flexible cash reserves, was the forerunner of the Federal Reserve System.

Although Aldrich rarely spoke on the Senate floor, preferring the more casual atmosphere of the committee room, by the turn of the 20th century he became the leading figure in the Republican caucus and was one of the Senate Four, a powerful group of Republican senators who dominated the institution for a decade.

President Theodore Roosevelt referred to him as the “King Pin” of the Republican Party. Aldrich “did not bother with oratorical display,” wrote one historian, “but relied upon his charm, his commanding appearance, his superior mind, his ability to speak forthrightly, and his exceptional memory” to influence Senate action. Patriarch to a political family, Aldrich’s grandson, Nelson Rockefeller, became vice president and his great-grandson, Jay Rockefeller, became a U.S. senator. 
http://www.senate.gov/artandhistory/history/common/generic/Featured_Bio_Aldrich.htm

1881: President James A. Garfield (The 20th President of the United States who lasted only 100 Days) states two weeks before he is assassinated, 

“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

 

1882

 When patriarch  [Thomas] Mellon retires in 1882, his sons Andrew and Richard are there to take over the family business [T. Mellon& Sons Bank].https://www.bnymellon.com/us/en/timeline.jsp

1883

  Second National Bank Established: July 03, 1883

 1883: Deutsche Bank acquires a substantial holding in Northern Pacific Railroad Company. 
    
https://www.db.com/usa/content/en/Chronicles.html

1883- First American National Bank   FDIC Certificate #: 4956
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: AmSouth Bank (#26800)
Federal Reserve ID: 742533
Date Established: September 01, 1883
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 380 (Interstate: No)
OTS Docket #: 11850
FDIC's unique #: 3299
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 31, 1999
Last Structure Change Process Date: Febuary 22, 2000
Last Data Update: Febuary 22, 2000
Data Source Date: April 05, 2012
Location
Address: 326 Union Street, Nashville, TN 37237
County: Davidson
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
Financial Summary
Total assets: $21,936.3 mil

Read more: 
http://www.bankencyclopedia.com/First-American-National-Bank-4956-Nashville-Tennessee.html#ixzz4I68ySVcc

http://www.bankencyclopedia.com/First-American-National-Bank-4956-Nashville-Tennessee.html

 

 

1884

The Chemical New York Corporation began as the New York Chemical Manufacturing Company. The company was established in 1823 by Baldhead P. Melick, Mark Spenser, and Geradus Post. These founders originally wanted to form a bank; however, due to laws governing banks at that time, it was easier to start a company for other purposes and then add banking activities to the company's chartered activities. The founders followed precisely that formula and in 1824 established Chemical Bank as a division of New York Chemical Manufacturing Company.

The bank thrived through the following decades. In 1884, when New York Chemical Manufacturing Company's charter expired, the chemical company was liquidated and the company was reincorporated as a bank only. In 1853 the bank became a founding member of the New York Clearing House, an association of banks formed to help members clear banking transactions. 
http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

1885

Jekyll Island Club

 Jekyll Island Club  was incorporated on December 9, 1885. Members include  such famous names as Henry Hyde, Marshall Field, John Pierpont Morgan, Joseph Pulitzer,William K. Vanderbilt, and Nelson W. Aldrich .Later it will include  John D. Rockefeller (Standard Oil).


Commercial National Bank of New York (1885-1890)
1885 Established Commercial National Bank of New York (1885-1890)
1890 Name Change To Southern National Bank of New York, The
1896 Merge To Federal Market and Fulton National Bank of New York
03/01/1918 Merge To State Irving Trust Company (11/1917-3/1920)
03/01/1920 Convert Federal New York National Irving Bank
04/01/1920 Merge To Federal Irving National Bank
01/01/1923 Convert State
01/01/1923 Name Change To Irving Bank of New York
02/07/1923 Merge To State Columbia Trust Company
02/07/1923 Name Change To Irving Bank-Columbia Trust Co.
09/17/1926 Name Change To Irving Bank and Trust Company
12/11/1926 Name Change To American Exchange Irving Trust Co.
02/01/1929 Name Change To Irving Trust Company
10/06/1989 Name Change To Bank of New York, The     
http://www.dfs.ny.gov/about/histc.txt
 

1886

The Jekyll Island Club Hotel was originally built in 1886 as a hunting retreat for America's wealthy elite including J.P. Morgan, William Rockefeller, Joseph Pulitzer, as well as the Vanderbilts, Goulds and Astors.

Richmond County Savings Bank- A member of the NYCB Family of Banks since July 2001, Richmond County Savings Bank has been serving those who live and work on Staten Island since October 30, 1886. The Bank made its first home mortgage loan on March 4, 1887. https://www.mynycb.com/Community/Pages/Foundations.aspx

1887

The Bank of Charleston become a Federal Depository. 
http://www.nps.gov/nr/travel/charleston/sbc.htm

1887: Jarvis Conklin Mortgage & Trust Company, a predecessor firm, opens in London  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

 In 1887, Branch bought Hadley’s interest in the bank for $81,000 and changed its name to Branch and Company, Bankers.   http://bbt.mediaroom.com/index.php?s=22728

Atlantic Trust Company
1887 Established Atlantic Trust Company
1900 Acquire By Merger Bankers' Trust Company of New York (1899)
1903 Merge To State Metropolitan Trust Company of the City of NY
1925 Convert Federal Metropolitan Natl Bnk & Trust Co of City of NY
03/01/1925 Merge To Federal Chatham & Phenix National Bank of the City of NY
03/01/1925 Bank To Trust Co. Chatham Phenix National Bank & Trust Company
02/09/1932 Merge To State Manufacturers Trust Company
09/08/1961 Name Change To Manufacturers Hanover Trust Company
06/19/1992 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/hista.txt

 

1888

In 1888 the Republican party declared itself in opposition to "combinations of capital,  organized as trusts or otherwise, " and the Democratic party platform said, " the interests of the people are betrayed when trusts and combinations are permitted to exist." [The Development of America,+Wirth, page 434]

Astoria FS & LA
12/04/1888 NYS Chartered Central Permanent Building & Loan Association
1936 Name Change To Astoria Savings & Loan Association
07/08/1937 Convert Federal Astoria Federal Savings & Loan Association
01/31/1979 Acquire By Merger Citizens Savings & Loan Association of New York
09/30/1997 Acquire By Merger Greater New York Savings Bank, The  http://www.dfs.ny.gov/about/histba.txt  

Astoria Savings & Loan Association
12/04/1888 NYS Chartered Central Permanent Building & Loan Association
1936 Name Change To Astoria Savings & Loan Association
07/08/1937 Convert Federal Astoria Federal Savings & Loan Association  http://www.dfs.ny.gov/about/histba.txt
 

1889

Washington Mutual was incorporated as the Washington National Building Loan and Investment Association on September 25, 1889, after the Great Seattle Fire destroyed 120 acres (49 ha) of the central business district of Seattle. The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890. It changed its name to Washington Savings and Loan Association on June 25, 1908. By September 12, 1917 it was operating under the name Washington Mutual Savings Bank. The company purchased its first company, the financially distressed Continental Mutual Savings Bank, on July 25, 1930.

WaMu, Inc.'s banking subsidiaries were closed by the OTS, placed into the receivership of the FDIC, and, in September 2008, their assets were sold to JPMorgan Chase, which now operates the former banking assets as a part of Chase Bank.
The holding company Washington Mutual, Inc. (the former bank owner) subsequently filed for Chapter 11 bankruptcy.

Please note that any deposits that have not been claimed within 18 months of the failure of Washington Mutual Bank FSB was sent to the FDIC by JP Morgan Chase Bank as acquirer of Washington Mutual Bank, FSB on April 15th, 2010. The unclaimed funds will be sent to the appropriate states according to Federal Law (12 U.S.C., 1822(e)). https://www.fdic.gov/bank/individual/failed/wamu.html

---------

President Harrison, in his message of December, 1889, pointed out that trusts in the nature of conspiracies should be made a subject of study by Congress; and on July 2, 1890, Congress, under the authority given it by the interstate commerce clause of the Constitution, enacted the Sherman Antitrust Law.  By provisions of this law combinations and conspiracies" in restraint of trade or commerce among the several States, or with foreign nations," are declared illegal and punishable by fine or imprisonment. [The Development of America ,Wirth, page 434]

In 1889, the state of New Jersey passed a law legalizing holding companies by permitting them to incorporate in that state.  Many of the companies then changed their form and moved their home offices to New Jersey. [The Development of America ,Wirth, page 434]

---------

 In 1889, Branch, his father-in-law Gen. Barnes, Hadley, J.F. Bruton, R.L. Thompson and Walter Brodie secured a charter from the North Carolina Legislature to operate the Wilson Banking and Trust Company (later amended to the State Bank of Wilson and later to The Branch Banking Company). However, the charter was not implemented until 1900.   http://bbt.mediaroom.com/index.php?s=22728

Bank of Northern Brookhaven, The
1889 Established Bank of Port Jefferson, The
04/30/1948 Acquire By Merger First National Bank of Port Jefferson
04/30/1948 Name Change To Bank of Northern Brookhaven, The
11/01/1955 Merge To Federal First Suffolk National Bank of Huntington
11/01/1955 Name Change To Security National Bank of Huntington
05/01/1958 Name Change To Security National Bank of Long Island
11/01/1968 Name Change To Security National Bank
01/19/1975 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association

http://www.dfs.ny.gov/about/histba.txt

 

1890

Sherman Antitrust Act 1890

1890 – Leading Position
From the end of the 19th century, SKA plays a leading role in the Swiss underwriting and syndication business. It has the opportunity more often than the competition to be the key player in underwriting syndicates.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1890: J. Pierpont Morgan becomes senior partner of J.S. Morgan & Co. in London. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

In 1900, Branch and Company, Bankers, was sold to Branch Banking and Company, holder of the state charter.http://bbt.mediaroom.com/index.php?s=22728

Bank of Attica
1890 Established Bank of Attica
11/01/1946 Merge To State Marine Trust Company of Buffalo
04/28/1951 Name Change To Marine Trust Company of Western New York
09/01/1965 Name Change To Marine Midland Trust Company of Western New York
01/01/1970 Name Change To Marine Midland Bank - Western
01/01/1976 Merge To State Marine Midland Bank (12/75-2/80)
02/01/1980 Convert Federal Marine Midland Bank, N.A.
12/31/1993 Convert State Marine Midland Bank
03/29/1999 Name Change To HSBC Bank USA
12/31/1999 Merge To State Republic Bank of New York
12/31/1999 Name Change To HSBC Bank USA
06/30/2004 Convert Federal HSBC Bank USA 
http://www.dfs.ny.gov/about/histba.txt

 

Continental Trust Company of the City of New Yor
1890 Established Continental Trust Company of the City of New York
1903 Merge To State New York Security and Trust Company, The
03/01/1904 Name Change To New York Trust Company, The
09/01/1959 Merge To State Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/histc.txt

1891

The state of Ohio brought suit against the Standard Oil Company, and the court decided, in 1882, that the act of incorporation was illegal in that state. A similar suit was brought against the Standard Oil Company in the state of New York.   Because of state and Federal laws against the trusts, the Standard Oil Trust was dissolved in 1892.

Many trusts and large corporations----often called "big business"---found it necessary to reorganize and to conform to law.   Combinations, however, did not cease to exist; they merely changed their form.   They obeyed the letter but not the spirit of the law.    In place of trusts, big businesses now became organized as holding companies. [page 434]

Astor Place Bank
1891 Established Astor Place Bank
12/01/1896 Acquire By Merger Empire State Bank (1888-12/1896)
03/01/1899 Merge To State Corn Exchange Bank
05/01/1929 Converted To Corn Exchange Bank Trust Company
10/15/1954 Merge To State Chemical Bank and Trust Company
10/15/1954 Name Change To Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/histba.txt

1892

1892: Guaranty Trust (a predecessor firm) opens a representative office, mostly for correspondent banking. It becomes a full service branch in 1897.  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history


Roachdale Bank & Trust Company opened for business on October 7, 1892, in Roachdale, Indiana. During the Great Depression of the 1930's, Roachdale Bank was closed only one day. On December 16, 1931, two men, armed with machine guns and sawed-off shotguns, blew the safe of the Roachdale Bank and escaped with $4,500 in currency and bonds. All of the glass was blown out of the front windows and furniture was torn and splintered. The damage was estimated at $1,000. http://www.tricountybank.net/aboutus.html 
 

1893

  1893: After the collapse of Pacific Railroad Company Deutsche Bank sets up a reorganization committee.https://www.db.com/usa/content/en/Chronicles.html

  Alpheus Branch died Jan. 3, 1893.  http://bbt.mediaroom.com/index.php?s=22728

 J.P. Morgan is primary financier of U.S. railroads.  https://www.jpmorgan.com/pages/company-history

It was in 1893 that Peter Cushman Jones, a 60-year-old businessman, persuaded close friends Joseph Ballard Atherton and Charles Montague Cooke to join him in organizing a new bank in the Islands.  https://www.boh.com/sites/about-us/history.asp

1894

 

   http://www.dfs.ny.gov/about/hista.tx

Atlantic Savings & Loan Association
04/25/1894 NYS Chartered Atlantic Co-Operative Savings & Loan Assoc
04/15/1911 Name Change To Atlantic Savings & Loan Association
06/30/1973 Acquire By Merger Liberty Savings & Loan Association
06/30/1973 Name Change To Atlantic Liberty Savings & Loan Association
09/09/1983 Convert Federal Atlantic Liberty Savings, F.A.
   http://www.dfs.ny.gov/about/hista.txt

1895

J. Pierpont Morgan, Sr. becomes senior partner. The New York firm is renamed J.P. Morgan & Co.  https://www.jpmorgan.com/pages/company-history

Roosevelt Savings Bank was established in 1895 on the corner of Gates Avenue and Broadway in Brooklyn, under the name "Eastern District Savings Bank." In 1920, the name was changed to honor the memory of the nation's 26th president, Theodore Roosevelt. https://www.mynycb.com/Community/Pages/Foundations.aspx
 
 

1896

By 1896 the Northern Pacific has been restructured. https://www.db.com/usa/content/en/Chronicles.html

Barclays formed through a merger of 20 banks                        http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
    

1897

Morgan Guaranty Trust Company of New York
FDIC Certificate #: 637
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: JPMorgan Chase Bank, National Association (#628)
Federal Reserve ID: 161415
Date Established: January 01, 1897
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
FDIC's unique #: 418
Numeric code: 13
Regulator: FED

 
http://www.bankencyclopedia.com/Morgan-Guaranty-Trust-Company-of-New-York-637-New-York-City-New-York.html#ixzz3R0B4NAg7

1897 – Pension Funds
In 1897 the Board of Directors of the SKA creates a pension fund, which provides its employees with benefits after their retirement. In 1919 the SKA creates a pension fund in the form of a cooperative.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1897: Bank of Hawaii is the first chartered and incorporated bank to do business in the Republic of Hawaii on December 27. The charter is issued by James A. King, Minister of the Interior of the Republic of Hawaii, and signed by Sanford Ballard Dole, president of the Republic.https://www.boh.com/sites/about-us/history.asp

1897: With Peter Cushman Jones serving as Bank of Hawaii’s first president, the bank opens for business with $400,000 in capital with its stock at par value of $100. https://www.boh.com/sites/about-us/history.asp 

Adirondack National Bank & Trust Co Saranac Lake
1897 Established Adirondack National Bnk & Trust Co of Saranac Lake
01/01/1959 Merge To State Northern New York Trust Company
06/01/1963 Name Change To Marine Midland Trust Company of Northern New York
01/01/1970 Name Change To Marine Midland Bank - Northern
01/01/1976 Merge To State Marine Midland Bank (12/75-2/80)
02/01/1980 Convert Federal Marine Midland Bank, N.A.
12/31/1993 Convert State Marine Midland Bank
03/29/1999 Name Change To HSBC Bank USA
12/31/1999 Merge To State Republic Bank of New York
12/31/1999 Name Change To HSBC Bank USA
06/30/2004 Convert Federal HSBC Bank USA 
http://www.dfs.ny.gov/about/hista.txt



1898

Astor National Bank of New York, The
1898 Established Astor National Bank of New York, The
03/01/1899 Acquire By Merger Sixth National Bank of the City of New York
03/01/1907 Merge To State New Netherlands Trust Company
03/01/1907 Name Change To Astor Trust Company
04/20/1917 Merge To State Bankers Trust Company
http://www.dfs.ny.gov/about/histba.txt

1900

Bank of Caledonia
1900 Established First National Bank of Caledonia
08/01/1966 Convert State Bank of Caledonia
12/29/1972 Merge To Federal Chase Manhattan Bank of Greater Rochester, N. A.
12/01/1976 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association 
http://www.dfs.ny.gov/about/histba.txt

Barclays helps  finance  two of the world's fastest passenger ships   http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

President McKinley, whose popularity was heightened by the victory of the United States in the Spanish-American war, was easily returned to a second term in the election of 1900. His running mate was Theodore Roosevelt, Governor of New York.
http://www.eyewitnesstohistory.com/mckinley.htm

Atlas Savings and Loan Association
10/17/1900 NYS Chartered Polish-American Cooperative Savings & Loan Assoc.
08/03/1938 Name Change To Atlas Savings and Loan Association
02/17/2010 Convert Federal Atlas Bank
http://www.dfs.ny.gov/about/hista.txt


1901

Adirondack Trust Company, The
09/19/1901 NYS Chartered Adirondack Trust Company, The
http://www.dfs.ny.gov/about/hista.txt

---In September 1991,less than a year McKinley’s presidency was cut short by an assassin's bullet delivered in Buffalo, New York....He lingered for eight days finally succumbing to gangrene and infection on September 14 with the words "it is God's way, his will, not ours, be done."http://www.eyewitnesstohistory.com/mckinley.htm 

---With the assassination of President McKinley, Theodore Roosevelt, not quite 43, became the youngest President in the Nation's history. He brought new excitement and power to the Presidency, as he vigorously led Congress and the American public toward progressive reforms and a strong foreign policy.

He took the view that the President as a "steward of the people" should take whatever action necessary for the public good unless expressly forbidden by law or the Constitution." I did not usurp power," he wrote, "but I did greatly broaden the use of executive power."
https://www.whitehouse.gov/1600/presidents/theodoreroosevelt

---J.P. Morgan creates the world's first billion-dollar corporation by buying out industrialist Andrew Carnegie and combining some 33 companies to create United States Steel.  https://www.jpmorgan.com/pages/company-history

1902

  

http://www.relbanks.com/europe/uk/citibank-uk

1902 Convert Federal Marine National Bank of Buffalo, The

London Stock Exchange listing   http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

Citi first established operations in China when it opened its Shanghai office in 1902. As the first American bank to fly the red, white and blue flag in China, Citi became known as Hua Qi Yin Hang, literally, the “Flower Flag Bank”. In the modern era, China remains one of Citi's greatest priorities. http://www.citi.com.cn/html/en/about_us/Our_history.html

NOTE: Citibank (USA) says it got its beginning as City Bank in 1912........Am I the only one who see's it impossible for Citibank to have gotten its beginning in the US????????? http://www.citigroup.com/citi/about/history/101.htm

NOTE:  7 institution history record(s) found. 
Event Date Historical Event 
1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

 In 1902, the name[T.Mellon & Sons Bank] is changed to Mellon National Bank and joins the national banking system.
https://www.bnymellon.com/us/en/timeline.jsp


1903

J.P. Morgan & Co. was appointed as fiscal agent for the newly independent Republic of Panama in 1903 and was subsequently selected by the U.S. Treasury Secretary to arrange the transfer of $40 million from the U.S. government to the French Panama Canal Co. This was the largest real estate deal at the time. https://www.jpmorgan.com/pages/company-history 

1904

 Amadeo Peter Giannini founded the Bank of Italy in San Francisco in October 1904 as an institution for the "little fellows."  Within a year, deposits were soaring above $700,000 ($13.5 million in 2002 dollars). http://www.pbs.org/wgbh/theymadeamerica/whomade/giannini_hi.html

1905

1905 – First Branch
Credit Suisse takes over the office of Oberrheinische Bank in Basel in 1905, resulting in the opening of the first Credit Suisse branch outside Zurich.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1905: Wells Fargo separates its banking and express operations; Wells Fargo's bank is merged with the Nevada National Bank to form the Wells Fargo Nevada National Bank.

1906

After a disastrous earthquake and subsequent fires leveled much of the city in 1906, Giannini created new confidence. He set up a temporary bank immediately, collecting deposits, making loans, and proclaiming to all that San Francisco would rise from the ashes. Then he expanded the Bank of Italy across California, breaking with an American tradition of independent local banks by providing his egalitarian banking services to the "little fellows" in the Yugolsavian, Russian, Mexican, Portuguese, Chinese, Greek, and other immigrant communities. By the mid-1920s, he owned the third largest bank in the nation. http://www.pbs.org/wgbh/theymadeamerica/whomade/giannini_hi.html 

1906-Bank of Italy, today known as Bank of America, provides loans to citizens of San Francisco to rebuild after the earthquake. http://www.ustrust.com/ust/pages/about-us.aspx 
 

J.P. Morgan is central to the creation of U.S. Steel, GE and AT&T.     https://www.jpmorgan.com/pages/company-history 

Auburn Trust Company
1906 Established Auburn Trust Company
12/01/1951 Acquire By Merger Wm. H. Seward & Co.
09/01/1960 Merge To State Marine Midland Trust Company of Central New York
01/29/1971 Name Change To Marine Midland Bank - Central
01/01/1976 Merge To State Marine Midland Bank (12/75-2/80)
02/01/1980 Convert Federal Marine Midland Bank, N.A.
12/31/1993 Convert State Marine Midland Bank
03/29/1999 Name Change To HSBC Bank USA
12/31/1999 Merge To State Republic Bank of New York
12/31/1999 Name Change To HSBC Bank USA
06/30/2004 Convert Federal HSBC Bank USA

http://www.dfs.ny.gov/about/hista.txt

 

 

1907

During the financial panic of 1907, J. Pierpont Morgan saves several trust companies and a leading brokerage house from insolvency, bails out New York City, and rescues the New York Stock Exchange.  https://www.jpmorgan.com/pages/company-history

In 1907, the stock market and world markets crashed, spurred largely by huge insurance company loses after the San Francisco fire of 1906. Led by J.P. Morgan and John D. Rockefeller, The Clearing House stepped in by lending money to banks, to the stock exchange and to the City of New York until the panic subsided. Not long after this great panic, The Federal Reserve was formed and The Clearing House’s role evolved to become a proactive resource to promote common interests and help shape the U.S. banking industry. https://www.theclearinghouse.org/about-tch/a-look-back

1908

The Aldrich–Vreeland Act was passed in response to the Panic of 1907 and established the National Monetary Commission, which recommended the Federal Reserve Act of 1913.

On May 27, 1908, the bill passed the House on a mostly party-line vote of 166–140, with 13 Republicans voting against it and no Democrats voting for it. On May 30, it passed in the Senate with 43 Republicans in favor and five Republicans joining 17 Democrats opposed. President Roosevelt signed the bill that same night.

The act also allowed national banks to start national currency associations in groups of ten or more , with at least $5 million in total capital, to issue emergency currency. These bank notes were not to be backed by just government bonds, but also just about any securities the banks were holding.

The act proposed that this emergency currency had to go through a process of approval by the officers of these national currency associations, and then once approved were distributed by the Comptroller of the Currency. However, it is possible that because there was a 5 percent tax placed on this emergency currency for the first month it was "outstanding" and a 1 percent increase for the following months it was "outstanding," no bank notes were issued. Another possible explanation why the emergency currency never issued might have been because it wasn't necessary to do so.

Congress modified and extended the law in 1914 when British and other foreign creditors demanded immediate payments, in gold , of amounts which would ordinarily have been carried over and paid through exports of commodities. 

Senator Nelson W. Aldrich (R-RI) was largely responsible for the Aldrich-Vreeland Currency Law, and he became the Chairman of the National Monetary commission. The co-sponsor of the legislation was Rep. Edward Vreeland, a Republican from New York. A usage of the law occurred at the outbreak of the World War I in 1914 when the first great financial panic of the twentieth century befell the world, necessitating the closure of the New York Stock Exchange. Secretary of the Treasury William Gibbs McAdoo appeared in New York City
and assured the public that ample stocks of emergency bank notes had been prepared in accordance with the Aldrich–Vreeland Act and were available for issue to the banks. As of October 23, 1914, $368,616,990 was outstanding.

The Federal Reserve Act of December 23, 1913 took effect in November, 1914 when the 12 regional banks opened for business. Ultimately the emergency currency issued under the Aldrich-Vreeland Law was entirely withdrawn.
http://www.absoluteastronomy.com/topics/Aldrich-Vreeland_Act

1909

The origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913; however, its history actually goes back even further. During the Civil War Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses. The tax was repealed ten years later. However, in 1894 Congress enacted a flat rate Federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state. The 16th amendment, ratified in 1913, removed this objection by allowing the Federal government to tax the income of individuals without regard to the population of each State. For additional information on taxation in the United States, see the section on taxes on the web site of the U.S. Department of the Treasury. 
 

1910

On the evening of November 22, 1910, seven of the riches men , together representing about one fourth the world's wealth at the time, left Hoboken, New Jersey on a train in complete secrecy, dropping their last names in favor of first names, or code names, so no one would discover who they all were. The excuse for such powerful representatives and wealth was to go on a duck hunting trip on Jekyll Island.

1. Nelson W. Aldrich, Republican "whip" in the Senate, Chairman
of the National Monetary Commission, business associate of J.P.
Morgan, father-in-law to John D. Rockefeller, Jr.;
2. Abraham Piatt Andrew, Assistant Secretary of the United States
Treasury;
3. Frank A. Vanderlip, president of the National City Bank of New
York, the most powerful of the banks at that time, representing
William Rockefeller and the international investment banking
house of Kuhn, Loeb & Company;
4. Henry P. Davison, senior partner of the J.P. Morgan Company;
5. Charles D. Norton, president of J.P. Morgan's First National Bank
of New York;
1
6. Benjamin Strong, head of J.P. Morgan's Bankers Trust Company;
and
7. Paul M. Warburg, a partner in Kuhn, Loeb & Company, a
representative of the Rothschild banking dynasty in England
and France, and brother to Max Warburg who was head of the
Warburg banking consortium in Germany and the Netherlands.

https://archive.org/details/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin 

https://ia701202.us.archive.org/11/items/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin.pdf

1910 – Paris
SKA opens a representative office in Paris for its international safekeeping account clients.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1910: J.P. Morgan becomes Morgan Grenfell & Co.      https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history
 

1911

International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 85 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation.  http://www.ibm.com/investor/pdf/10K_2011.pdf

Canadian Bank of Commerce - Fgn Branch
09/01/1911 Licensed Canadian Bank of Commerce
07/19/1961 Acquire By Merger Imperial Bank of Canada
07/19/1961 Name Change To Canadian Imperial Bank of Commerce
09/20/2013 Agency To Branch  
http://www.dfs.ny.gov/about/histc.txt

 

1912

The City Bank of New York was formed on June 16th, 1812, after overcoming many obstacles and political maneuverings. Led by Samuel Osgood, a far-sighted elder statesman who believed in expanding trade across borders, the bank let New York compete with Boston, Baltimore and Philadelphia for the nation's business.
http://www.citigroup.com/citi/about/history/101.htm

Citigroup SUBSIDIARIES OF THE COMPANY

NOTE: Citibank (China) was opened in 1902. 

NOTE: 7 institution history record(s) found. 

Event Date Historical Event 
1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

1912-12-31 PRIMERICA CORPORATION located at 65 EAST 55TH STREET, NEW YORK, NY was established as a Domestic Entity Other.

Chartered Bank, The - Fgn Agency
1912 Licensed Chartered Bank of India, Australia, and China
1957 Name Change To Chartered Bank, The
1961 Agency To Branch
04/01/1978 Merge To State Standard Chartered Bank Limited
09/28/1982 Name Change To Standard Chartered Bank PLC
01/01/1985 Name Change To Standard Chartered Bank  
 http://www.dfs.ny.gov/about/histc.txt
 

1913

 

In the first year of President Wilson's administration (1913) the famous Federal Reserve Act was finally passed.

The Federal Reserve Act of 1913 reorganized the country's entire system of banking and paper currency. It is also known as the Glass-Owen Act, since the gentlemen of those names were the chairmen of the Congressional committees which dealt with the matter.

It was decided, instead of having one central bank for the entire country as some had recommended, to have reserve banks distributed in different sections, but under such a system of control that they could be employed as a unit when necessary.

At the head of the system is the Federal Reserve Board. This is composed of the Secretary of the Treasury, the Comptroller of the Currency, and six other persons appointed by the President.  One of these must be a so-called "dirt" farmer. They have general supervision over the entire administration of the banking system.

 

The Federal Reserve System IS CREATED 1913

Federal Reserve Members

1914

The Class A stock of the Federal Reserve has not been sold or traded on the open market since it was hermetically sealed from the public at the end of the summer of 1914. 
 

1914: The opening of a Deutsche Bank branch in New York fails. https://www.db.com/usa/content/en/Chronicles.html 

Clayton Antitrust Act

1915

J.P. Morgan arranges the biggest foreign loan in history – a $500 million Anglo/French loan. https://www.jpmorgan.com/pages/company-history

California Perfume Co. Employees' S & L Assoc
03/01/1915 NYS Chartered California Perfume Co. Employees' S & L Assoc
1939 Liquidated  
http://www.dfs.ny.gov/about/histc.txt
 

1916

Bank of Buffalo
1916 Established Morris Plan Company of Buffalo
1931 Name Change To Buffalo Industrial Bank
04/01/1959 Name Change To Bank of Buffalo
03/19/1963 Bank To Trust Co.
06/01/1966 Acquire By Merger State Bank of Kenmore
12/22/1975 Acquire By Merger Niagara Frontier Bank of New York
01/01/1976 Merge To State Bank of New York, The (9/1922-10/1989)
10/06/1989 Merge To State Irving Trust Company
10/06/1989 Name Change To Bank of New York, The    
http://www.dfs.ny.gov/about/histba.txt 
 

1917

 

Event Date Historical Event 
1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 
 

Long Island National Bank
1917 Established Long Island National Bank of Hicksville
01/01/1962 Name Change To Long Island National Bank
09/08/1976 Convert State Long Island Bank
09/30/1980 Merge To State Long Island Trust Company
05/01/1982 Convert Federal Long Island Trust Company, N.A.
02/18/1987 Merge To State Bank of New York, The (9/1922-10/1989)
10/06/1989 Merge To State Irving Trust Company
10/06/1989 Name Change To Bank of New York, The 
http://www.scripophily.com/nybankhistoryl.htm

FIRST NATIONAL CITY BANK OF NEW YORK

 

Mercantile Trust Company
1917 Established Mercantile Trust and Deposit Company
05/01/1919 Name Change To Mercantile Trust Company
02/01/1922 Convert Federal Mercantile National Bank in New York
03/01/1922 Acquire By Merger Seaboard Natl Bnk of the City of NY (1885-3/1922)
03/01/1922 Name Change To Seaboard Natl Bank of the City of NY (3/22-6/29)
01/01/1928 Acquire By Merger New Netherland Bank of New York
06/01/1929 Converted To Seaboard Bank of the City of New York
09/01/1929 Merge To State Equitable Trust Company of New York (1871-5/1930)
05/01/1930 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association      
http://www.dfs.ny.gov/about/histm.txt

 

1918

1918: As a wartime measure, the U.S. government nationalizes Wells Fargo's express franchise into a federal agency known as the U.S. Railway Express Agency (REA). The government takes control of the express company. The bank begins rebuilding but with a focus on commercial markets. After the war, REA is privatized and continues service.

1919

At the intersection of Field and Grand Streets in Waterbury is the former Waterbury National Bank Building, now the headquarters for Junior Achievement of Southwestern New England. Built in 1919-1922. The Chase family had a long association with the Waterbury National Bank, which was founded in 1848 and was Waterbury’s first bank. The Bank’s original building was located at Grand and Bank Streets, giving the latter thoroughfare its name. Henry S. Chase intended the new bank building to be part of his plan for an impressive Waterbury municipal center. Henry died in 1918 and his brother Irving Chase assumed management of construction, utilizing Cass Gilbert, the same architect who had designed the Chase Brass and Copper Company’s headquarters, also located on Grand Street. http://historicbuildingsct.com/?p=6906    

1920

New York Commercial Bank traces its roots to the mid 1920s, when our Atlantic Bank division was established to meet the needs of consumers and small businesses in the city of New York. Today, New York Commercial Bank has 30 branches, including 18 that operate under the name Atlantic Bank.  https://www.mynycb.com/Pages/AboutUs.aspx

Barclays invests in William Morris, helping him to become the biggest UK car manufacturer  http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

1923

1923: Wells Fargo Nevada merges with the Union Trust Company to form the Wells Fargo Bank & Union Trust Company.

--------------

At the turn of the century the bank's leadership changed hands. The bank began to falter under the direction of Joseph B. Martindale. By 1917 it was no longer among the top 100 banks in the country. The bank rebounded after Martindale's death, and by 1919 its stock had increased to almost $200 a share. In 1923 Chemical Bank established its first branch bank. http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

C.I.T. Corporation
09/17/1923 NYS Chartered Pierce-Arrow Finance Corporation
10/28/1929 Name Change To C.I.T. Finance Corporation
02/14/1930 Name Change To Commercial Inveatment Trust Ltd.
12/30/1942 Name Change To C.I.T. Financial Corporation
04/26/1945 Name Change To C.I.T. Corporation
04/29/1986 Name Change To CIT Group/Equipment Financing, Inc.
11/30/2000 Closed  
http://www.dfs.ny.gov/about/histc.txt

C.I.T. Finance Corporation
09/17/1923 NYS Chartered Pierce-Arrow Finance Corporation
10/28/1929 Name Change To C.I.T. Finance Corporation
02/14/1930 Name Change To Commercial Inveatment Trust Ltd.
12/30/1942 Name Change To C.I.T. Financial Corporation
04/26/1945 Name Change To C.I.T. Corporation
04/29/1986 Name Change To CIT Group/Equipment Financing, Inc.
11/30/2000 Closed  
http://www.dfs.ny.gov/about/histc.txt

C.I.T. Financial Corporation
09/17/1923 NYS Chartered Pierce-Arrow Finance Corporation
10/28/1929 Name Change To C.I.T. Finance Corporation
02/14/1930 Name Change To Commercial Inveatment Trust Ltd.
12/30/1942 Name Change To C.I.T. Financial Corporation
04/26/1945 Name Change To C.I.T. Corporation
04/29/1986 Name Change To CIT Group/Equipment Financing, Inc.
11/30/2000 Closed   
http://www.dfs.ny.gov/about/histc.txt

Camillus Bank
1923 Established Camillus Bank
12/01/1958 Merge To State Marine Midland Trust Company of Central New York
01/29/1971 Name Change To Marine Midland Bank - Central
01/01/1976 Merge To State Marine Midland Bank (12/75-2/80)
02/01/1980 Convert Federal Marine Midland Bank, N.A.
12/31/1993 Convert State Marine Midland Bank
03/29/1999 Name Change To HSBC Bank USA
12/31/1999 Merge To State Republic Bank of New York
12/31/1999 Name Change To HSBC Bank USA
06/30/2004 Convert Federal HSBC Bank USA   
http://www.dfs.ny.gov/about/histc.txt

1924

1/1/1924 Roosevelt Federal Savings and Loan Association (28389)was established. http://research.fdic.gov 
 

1925

Barclays Bank D.C.O. is established with over 1,350 offices across 41 countries. http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

 

1925- Deposit Guaranty National Bank in Jackson, Mississippi 
FDIC Certificate #: 9784
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 400637
Date Established: June 15, 1925
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 160 (Interstate: No)
OTS Docket #: 14697
FDIC's unique #: 6265
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 01, 1998
Last Structure Change Process Date: September 23, 1998
Last Data Update: September 23, 1998
Data Source Date: April 05, 2012
Location
Address: 210 East Capitol Street, Jackson, MS 39205
County: Hinds
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Jackson, MS (#3560)
Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298)
Core Based Statistical Area (CBSA): Jackson, MS (#27140)
CBSA Metro Statistical Area: Jackson, MS (#27140)
Financial Summary
Total assets: $7,289.4 mil

Read more: 
http://www.bankencyclopedia.com/Deposit-Guaranty-National-Bank-9784-Jackson-Mississippi.html#ixzz4I68TycVl 

http://www.bankencyclopedia.com/Deposit-Guaranty-National-Bank-9784-Jackson-Mississippi.html


 

THE UNITED STATES CORPORATION COMPANY

Note: Corporate documents for The United States Corporation are on file in the State of Florida.  Sunbiz.org 

1925: Central Union Trust Co. (a predecessor firm) opens a representative office. The office becomes a full service branch in 1938. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history 


1926

In 1926 the Bank of Charleston merged with local banks in Greenville and Columbia to form the South Carolina National Bank, which will be absorbed by Wachovia in the mid-1990s.  
http://www.nps.gov/nr/travel/charleston/sbc.htm

Long Island National Bank of New York
1926 Established Long Island National Bank of New York
1931 Merge To Federal National City Bank of New York
03/01/1955 Name Change To First National City Bank of New York
01/01/1962 Name Change To First National City Bank
1976 Name Change To Citibank, N.A.
http://www.scripophily.com/nybankhistoryl.htm

1927

1927: The Dillon, Read & Co. bank places a $ 25 million bond by Deutsche Bank on the American market.https://www.db.com/usa/content/en/Chronicles.html 
 

Guaranty Trust Company, a predecessor firm of J.P. Morgan, pioneers the concept of American Depositary Receipts (ADRs), which enables Americans to invest in foreign securities directly on U.S. exchanges.  https://www.jpmorgan.com/pages/company-history

1928

From 1928 to 1946, the $10,000 bill was printed and circulated with Salmon Chase's face on it. http://www.philstockworld.com/tag/10000-bill/ 

 In 1928,Amadeo Peter Giannini, called "America's banker," put his banks into a giant holding company he called Transamerica Corporation, reflecting his new ambition. http://www.pbs.org/wgbh/theymadeamerica/whomade/giannini_hi.html

1929

1929: Northwest Bancorporation is formed as a banking association.

Albert Gordon , helps pick up the pieces of a shattered Kidder Peabody after the 1929 Wall Street crash.

Two Ohio institutions merge to form City National Bank & Trust, a predecessor of Bank One.    https://www.jpmorgan.com/pages/company-history

The company[Chemical National Bank of New York ]  was reincorporated as a state bank in 1929 under the name Chemical Bank & Trust Company. That same year, the company merged with the United States Mortgage & Trust Company. Also in 1929, Chemical established two affiliates, Chemical National Company, Inc., to buy, sell, and underwrite securities, and Chemical National Association, Inc., to act as a holding company. The two affiliates were merged into the bank during the Depression.  http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

1930

The Bank for International Settlements (BIS) was established as an international financial
institution, enjoying special immunities, pursuant to the Hague Agreements of 20th January 1930.

The founder shareholding members were the central banks of Belgium, France, Germany, Italy,
Japan, the United Kingdom and the United States (the Federal Reserve did not take up its rights as
founder member until 1994).

Within two years of its founding, nineteen other European central
banks had subscribed to the Bank's capital. The Bank opened its doors in Basle, Switzerland on
17th May 1930. 
http://www.bis.org/publ/bisp02a.pdf

 

Established on 17 May 1930, the Bank for International Settlements (BIS) is the world's oldest international financial organization. The BIS has 60 member central banks, representing countries from around the world that together make up about 95% of world GDP. 

The head office is in Basel, Switzerland and there are two representative offices: in the Hong Kong Special Administrative Region of the People's Republic of China and in Mexico City. 
http://www.bis.org/about/index.htm 
 

In 1930, Amadeo Peter Giannini formed the Bank of America, which would eventually become the largest in the United States.As a measure of its success, it withstood the Great Depression, funding large industrial and agricultural interests as well as California's burgeoning movie industry and even the Golden Gate Bridge. http://www.pbs.org/wgbh/theymadeamerica/whomade/giannini_hi.html

 

1932

1932 – First Boston Corporation
The First Boston Corporation is founded as a subsidiary of The First National Bank of Boston. In 1934 the First Boston Corporation becomes the first publicly held investment bank in the US.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1933

 

Securities Act of 1933

1934

Securities Exchange Act of 1934

Since 1934, the SEC has required disclosure in forms and documents. In 1984, EDGAR began collecting electronic documents to help investors get information. The SEC's new system requires data disclosure — the next step to improve how investors find and use information. 
http://www.sec.gov/edgar/searchedgar/webusers.htm#.VLxmWHTnb3g

1939

Trust Indenture Act of 1939
 

1939 – Swissam
In July 1939 SKA creates the subsidiary Swiss American Corporation (New York), which focuses on the underwriting and investment business, as well as investment consultancy.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html 
 

1940

Investment Company Act of 1940

1940 – New York
SKA opens the New York Agency on May 9, 1940.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

Despite bomb damage, Barclays branches remain open during the Blitz   http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html

A. T. & M. Corp. Employees Credit Union
07/23/1940 NYS Chartered A. T. & M. Corp. Employees Credit Union
06/25/1992 Merge To State Erie County Employees Credit Union

A.P.W. Employees Credit Union
06/17/1940 NYS Chartered A.P.W. Employees Credit Union
02/14/1956 Liquidated http://www.dfs.ny.gov/about/hista.txt


 

1941

1941: Breakdown of all bilateral business relations due to Germany's declaration of war.  https://www.db.com/usa/content/en/Chronicles.html

1946

During the post-World War II years the company participated in a series of mergers, which ultimately increased the bank's assets from $1.35 billion in 1946 to $15 billion by 1972. In 1947 the company merged with Continental Bank and Trust Company. In 1954 Chemical merged with the Corn Exchange Bank Trust Company to form Chemical Corn Exchange Bank. This merger brought Chemical ninety-eight additional branches throughout New York City. In 1959 the company merged with New York Trust Company, which had a large trust and wholesale-banking business. In 1968 the company formed a bank-holding company, Chemical New York Corporation.  http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

 

 

1949

The Synagogue Of Satan 1949 ~ 1973, by Andrew Carrington Hitchcock

1953

    United States v. Morgan  The Seventeen Defendant Investment Banking Firms. 1. Morgan Stanley & Co. 2. Kuhn Loeb & Co. 3. Smith Barney & Co. 4. Lehman Brothers. 5. Glore Forgan & Co. 6. Kidder Peabody & Co. 7. Goldman Sachs & Co. 8. White Weld & Co. 9. Eastman Dillon & Co. 10. Drexel & Co. 11. The First Boston Corporation *626 12. Dillon Read & Co. Inc. 13. Blyth & Co., Inc. 14. Harriman Ripley & Co., Incorporated. 15. Stone & Webster Securities Corporation. 16. Harris Hall & Company (Incorporated). 17. Union Securities Corporation

 

You Will Fall Like Over Ripe Fruit into our Hands [video below]

(Communist hands)

)

1954

During the post-World War II years the company participated in a series of mergers, which ultimately increased the bank's assets from $1.35 billion in 1946 to $15 billion by 1972. In 1947 the company merged with Continental Bank and Trust Company. In 1954 Chemical merged with the Corn Exchange Bank Trust Company to form Chemical Corn Exchange Bank. This merger brought Chemical ninety-eight additional branches throughout New York City. In 1959 the company merged with New York Trust Company, which had a large trust and wholesale-banking business. In 1968 the company formed a bank-holding company, Chemical New York Corporation. http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp 

1954: Wells Fargo & Union Trust shortens its name to Wells Fargo Bank.

1955

The Manhattan Company merged with Chase National Bank in 1955 to form the Chase Manhattan Bank.https://www.jpmorgan.com/pages/company-history  


1957

 Edwin Sibley Webster Jr. 57, banker Kidder, Peabody Co. found dead  from gun shot wounds

 

1958

Barclays appoints the UK's first ever female branch manager     http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

1959

-Early in 1959 the board of governors of the federal reserve system turned down requests from certain commercial banks to raise the rate ceiling from 3% on time deposits. Such a rate was subject to competitive pressure from mutual savings banks and savings and loan associations and from high yields on short-term government securities. ...

The repeal by Congress of Section 13b of the Federal Reserve act became effective Aug. 21, 1959. As of that date, therefore, the federal reserve banks were no longer authorized to grant commitments to, and participate with, financing institutions in providing working capital for established industrial and commercial businesses, or to make direct loans or commitments to such businesses. (Britannica Book of the Year 1960, events  of 1959,page 253,Federal Reserve System)

-He mentioned the Banking and Currency Committee going to conference over the housing authority which allows for backdoor borrowing--"We won't have anybody in there to fight it." Banking and Currency is in favor, and the Senate is in favor--even though the House, on the floor, tacked on the Thomas amendment to take this authority to borrow out of the bill--it will get sacked in the committee because the committee in conference is opposed to the amendment--he was extremely exercised about backdoor borrowing and the lack of overall control over appropriations.
http://www.archives.gov/legislative/research/special-collections/oral-history/fenno/gary-1959.html

During the post-World War II years the company participated in a series of mergers, which ultimately increased the bank's assets from $1.35 billion in 1946 to $15 billion by 1972. In 1947 the company merged with Continental Bank and Trust Company. In 1954 Chemical merged with the Corn Exchange Bank Trust Company to form Chemical Corn Exchange Bank. This merger brought Chemical ninety-eight additional branches throughout New York City. In 1959 the company merged with New York Trust Company, which had a large trust and wholesale-banking business. In 1968 the company formed a bank-holding company, Chemical New York Corporation.  http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

 

1960

1960: Wells Fargo merges with American Trust Company to form the Wells Fargo Bank American Trust Company.

1962

1962: Wells Fargo American Trust again shortens its name to Wells Fargo Bank.

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

 

1962 – White Weld
In 1962, Credit Suisse takes over White, Weld and Co. AG, Zurich, from the American investment bank, White Weld, New York. The acquisition is re-named Clariden Finanz AG.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1963

JOHN F. KENNEDY THE WHITE HOUSE   AMENDMENT OF EXECUTIVE ORDER NO. 10289

 

1964

1964 – Full-Service Bank
Credit Suisse is granted a license as a full-service bank, allowing it to take deposits and carry out all other types of banking in the USA. 
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html 
 

--Barclays Bank D.C.O. Opens Park Ave. Branch; British Unit's Vice Chairman Flies From London to Dedicate 1,400th Office BARCLAYS OPENS PARK AVE.

Barclay's Bank D.C.O., Britain's biggest overseas banking organization, ran off another marker on its growth string yesterday with the opening of a new branch office at 300 Park Avenue.   http://query.nytimes.com/gst/abstract.html?res=9506EEDB1E30E033A25756C1A96F9C946591D6CF

1966

Barclays launches the Barclaycard, the UK's first credit card    http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

1967

 We [Barclays] launch the world's first cash machine             http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html    
 

1968

 1968: Wells Fargo converts to a federal banking charter, becoming Wells Fargo Bank, N.A.

1968: Deutsche Bank founds European-American Banking Corporation and European-American Bank & Trust Corporation together with other European banks.  https://www.db.com/usa/content/en/Chronicles.html

1968: Chase Manhattan enters a joint venture with The Bank of Ireland to establish The Chase Bank of Ireland (International) Ltd. Chase takes a 50% interest in the venture. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history
 

   The firm launches Euroclear, a system for the orderly settlement of transactions in Eurobonds.  https://www.jpmorgan.com/pages/company-history

During the post-World War II years the company participated in a series of mergers, which ultimately increased the bank's assets from $1.35 billion in 1946 to $15 billion by 1972. In 1947 the company merged with Continental Bank and Trust Company. In 1954 Chemical merged with the Corn Exchange Bank Trust Company to form Chemical Corn Exchange Bank. This merger brought Chemical ninety-eight additional branches throughout New York City. In 1959 the company merged with New York Trust Company, which had a large trust and wholesale-banking business. In 1968 the company formed a bank-holding company, Chemical New York Corporation. http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp 
 

1969

1969: Wells Fargo & Company holding company is formed, with Wells Fargo Bank as its main subsidiary.

Address by G. Edward Griffin, given in 1969

1970

1970: The First National Bank of Chicago (a predecessor firm) opens a branch in Dublin at 31 Dame Street. The branch moves to 44/45 St. Stephen’s Green in 1974.  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1971

1971: Together with Schweizerische Bankgesellschaft, Deutsche Bank sets up UBS-DB Corporation, New York.https://www.db.com/usa/content/en/Chronicles.html

1973

Chase opens a representative office in Moscow, the first Russian presence for a U.S. bank since the 1920s; Chase also becomes the first U.S. correspondent to the Bank of China since the 1949 Chinese revolution.  https://www.jpmorgan.com/pages/company-history

1974

The Synagogue Of Satan 1974 ~ 1990, by Andrew Carrington Hitchcock

1975

CIA secret weapon of assassination Heart Attack Gun, Declassified 1975

 

1976

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

 

1976 – Bodenkreditanstalt
The merger with the Schweizerische Bodenkreditanstalt marks the first major step toward growth in mass business and represents a substantial expansion of the sales network and client base.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html  

1977

1977 – The Chiasso Affair
The Chiasso affair resulted in the biggest loss SKA had suffered in its entire history. The crisis prompted the bank to strike out for new shores and transform itself from a traditional Zurich institution into an international financial services provider.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

Personal bankers are introduced to branches  http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html  

Through the 1960s and 1970s, the company continued to expand, and its international operations grew significantly. By 1977 Chemical had added branches and/or offices in the Bahamas, Frankfurt, Brussels, Zurich, Paris, Tokyo, Singapore, Milan, London, and Taiwan. Chemical also continued to acquire other companies during this time. It also formed a real estate financing subsidiary, Chemical Realty Company. One of the company's most popular innovations at that time was "ChemLink," a computerized system that enabled corporations to transfer funds anywhere and to have instant access to their funds worldwide.
http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

Kuhn, Loeb & Co.Investment bank founded 1867 by Abraham Kuhn and Solomon Loeb. it merged in 1977 with Lehman Brothers, making Lehman Brothers, Kuhn, Loeb Inc. This firm was then acquired in 1984 by Shearson/American Express, ending with the utterly awkward name, Shearson Lehman/American Express.  http://www.nndb.com/company/062/000124687/

In the 1960s the firm greatly expanded its capital markets trading capabilities, particularly in commercial paper. This led to the firm's designation as an official dealer for U.S. Treasuries. In the 1960s and 1970s, when many U.S. companies began to expand internationally, Lehman Brothers inrceased its global presence as well, opening offices in Europe and Asia. The firm’s international stature was further enhanced in 1977 through the merger with the distinguished investment bank, Kuhn, Loeb & Co.

As significant advances in electronic technology and computer science contributed to economic expansion during the 1970s, Lehman Brothers sought opportunities in applied science and technology. Among their new investments were future industry leaders such as QUALCOMM, a developer of digital wireless communication systems, and Loral Corporation, a manufacturer of defense electronics.  http://www.library.hbs.edu/hc/lehman/history.html

1978

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

 

1978: Deutsche Bank acquires the remaining 50% of the capital of UBS-DB corporation. The company is renamed in Atlantic Capital Corporation.https://www.db.com/usa/content/en/Chronicles.html 
 

In 1978, White, Weld & Company dropped its partnership with Credit Suisse after it was bought by Merrill Lynch. To replace the partnership with White, Credit Suisse partnered with First Boston to create Credit Suisse First Boston in Europe and bought a 44 percent stake in First Boston's US operations.[20]

1979

1979: On April 30 Deutsche Bank New York branch opens. https://www.db.com/usa/content/en/Chronicles.html

Deutsche Bank opened its first branch in NY in 1979 and was the first German bank to list on the NYSE (in October 2001). Deutsche Bank is the only investment bank physically located on Wall Street and one of the largest foreign-based employers in New York City. In the United States, it has over 11,000 employees in 28 states and 90 cities. https://www.db.com/usa/#3

List of All Banks / Germany (14) 
1 American Express Bank GmbH Germany 
www.amexbank.de  
2 Bankgesellschaft Berlin Germany 
www.bankgesellschaft.de  
3 Commerzbank Germany 
www.commerzbank.com  
4 Deutsche Bundesbank Germany 
www.bundesbank.de  
5 Deutsche Apotheker- und Arztebank Germany 
www.apobank.de  
6 Dresdner Kleinwort (DKIB) Germany 
www.dresdnerkleinwort.com  
7 Deutsche Bank AG Germany 
www.db.com  
8 Dresdner Bank Germany 
www.dresdner-bank.com  
9 DZ Bank Germany 
www.dzbank.de  
10 European Central Bank Germany 
www.ecb.eu  
11 IKB Deutsche Industriebank AG Germany 
www.ikb.de  
12 Kreditanstalt für Wiederaufbau Germany 
www.kfw.de  
13 Landesbank Berlin AG Germany 
www.lbb.de  
14 WestLB Westdeutsche Landesbank Germany 
www.westlb.de  


Deutsche Bank AG is a multinational bank operating worldwide and employing more than 67,400 people (January, 2007). Its headquarters, the Deutsche Bank Twin Towers are located in Frankfurt, Germany while its largest division, Corporate and Investment Banking is headquartered in London. Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. 

€ 1,126 billion in assets. 68,849 employees from 130 nations. Unparalleled financial services in 73 countries. A leader in Germany and Europe, the bank is continuously growing in North America, Asia, and key emerging markets. 


http://www.allbanks.org/main/Germany 




Headquarters: Frankfurt am Main, Germany 
Phone: +49 69 910-00 
Web: 
www.db.com  
http://www.allbanks.org/bank/477 


1979: Chase Manhattan purchases the Bank of Ireland’s 50% interest and renames it The Chase Bank (Ireland) Ltd.  
https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history
 

1980

 In the 1980s, financial advisory centered on mergers and acquisitions as major corporations moved to expand both domestically and internationally. Lehman Brothers acted as an advisor on several large U.S. and cross-border transactions, including Bendix/Allied, Chrysler/American Motors, General Foods/Philip Morris, and Genentech/Hoffman-LaRoche. http://www.library.hbs.edu/hc/lehman/history.html

Barclays helps finance the Hong Kong underground   http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

 Predecessor firm Hambrecht & Quist (H&Q) takes Apple Computer public.   https://www.jpmorgan.com/pages/company-history

The Hong Kong and Shanghai Banking Corporation was founded by Scotsman Sir Thomas Sutherland in the then British colony of Hong Kong on 3 March 1865, and in Shanghai a month later, benefiting from the start of trading into China, including opium trading. In 1980, HSBC acquired a 51% shareholding in US-based Marine Midland Bank, which it extended to full ownership in 1987.(information FOUND ON INTERNET)

Event Date Historical Event 
1812-06-01 MARINE TRUST COMPANY OF WESTERN NEW YORK located at 241 MAIN STREET, BUFFALO, NY was established as a State Member Bank. 
1965-09-01 MARINE TRUST COMPANY OF WESTERN NEW YORK was renamed to MARINE MIDLAND TRUST COMPANY OF WESTERN NEW YORK. 
1970-07-31 MARINE MIDLAND TRUST COMPANY OF WESTERN NEW YORK was renamed to MARINE MIDLAND BANK-WESTERN. 
1976-01-01 MARINE MIDLAND BANK-WESTERN was renamed to MARINE MIDLAND BANK and moved to ONE MARINE MIDLAND CENTER BUFFALO, NY. 
1980-02-01 MARINE MIDLAND BANK was renamed to MARINE MIDLAND BANK, N.A. and changed from State Member  Bank to National Bank. 
1993-12-31 MARINE MIDLAND BANK, N.A. was renamed to MARINE MIDLAND BANK and changed from National Bank to State Member Bank. 
1999-03-29 MARINE MIDLAND BANK was renamed to HSBC BANK USA and moved to ONE HSBC CENTER BUFFALO, NY. 
2004-07-01 HSBC BANK USA was renamed to HSBC BANK USA, NATIONAL ASSOCIATION and moved to 90 CHRISTIANA ROAD NEW CASTLE, DE and changed from State Member Bank to National Bank. 
2004-08-25 HSBC BANK USA, NATIONAL ASSOCIATION moved to 1105 NORTH MARKET ST WILMINGTON, DE. 
2008-12-20 HSBC BANK USA, NATIONAL ASSOCIATION moved to 1800 TYSONS BOULEVARD, SUITE 50 MCLEAN, VA.
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=413208&parDT_END=99991231

http://www.ffiec.gov/nicpubweb/nicweb/OrgHierarchySearchForm.aspx?parID_RSSD=413208&parDT_END=99991231

1982

1982: Opening of branches in Los Angeles and Chicago. https://www.db.com/usa/content/en/Chronicles.html
1982 – SASI
Swiss American Securities Inc. (SASI), a subsidiary of SKA which was founded in the 1970s, becomes a member of the New York Stock Exchange in November 1982. Thus SKA becomes the first Swiss bank to have a place on the New York Stock Exchange via its subsidiary.
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1982: Northwest Bancorporation acquires consumer finance firm Dial Finance which is renamed Norwest Financial Service the following year.

Roberto Calvi  Italian banker found hanging from a London bridge

1983

1983- Citibank Re-entered China with a representative office in Shenzhen  http://www.citi.com.cn/html/en/about_us/Our_history.html

1983: Northwest Bancorporation is renamed Norwest Corporation.
1983: Largest U.S. bank heist to date takes place at a Wells Fargo depot in West Hartford, Connecticut.

 

1984
 

 Citibank  opened Beijing representative office   http://www.citi.com.cn/html/en/about_us/Our_history.html
 

Kuhn, Loeb & Co.Investment bank founded 1867 by Abraham Kuhn and Solomon Loeb. it merged in 1977 with Lehman Brothers, making Lehman Brothers, Kuhn, Loeb Inc. This firm was then acquired in 1984 by Shearson/American Express, ending with the utterly awkward name, Shearson Lehman/American Express.  http://www.nndb.com/company/062/000124687/

In 1984, Lehman Brothers was acquired by American Express and merged with its retail brokerage Shearson to form Shearson Lehman Brothers. American Express began to divest its financial services by business lines in 1992 and eventually, in 1993, the firm was spun off and once again became known solely as Lehman Brothers. In 2000, Lehman celebrated its 150th anniversary. The company's World Trade Center offices were destroyed by the 2001 terrorist attacks, and eventually it moved into its new global headquarters in midtown Manhattan in 2002. Lehman Brothers became entangled in the subprime mortgage lending crisis, which led to its demise in 2008. On September 15, Lehman Brothers Holdings Inc. filed a Chapter 11 bankruptcy petition in federal court. The company's assets were subsequently sold to several other firms, including Barclays Bank, PLC and Nomura Holdings, Inc. http://www.library.hbs.edu/hc/lehman/history.html

1985

 Citibank opened Shanghai representative office http://www.citi.com.cn/html/en/about_us/Our_history.html
 

1986

Barclays becomes the first UK bank to have its shares listed on both the New York and Tokyo Stock Exchangeshttp://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

1986: Chase opens an office in Bournemouth.   https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1986: Wells Fargo acquires Crocker National Corporation from Midland Bank.
 

1987

 Barclays launches the UK’s first debit card   http://www.timeline.barclays.com/content/1690/The-start-of-Barclays.html 
 

1987: Wells Fargo acquires the personal trust business of Bank of America.

Weill Puts Things in Order at Commercial Credit Corporation 

3 INDICTED ON INSIDER CHARGES

 Kidder Faces Life After Siegel

1988

Shenzhen Citibank representative office upgraded to branch  http://www.citi.com.cn/html/en/about_us/Our_history.html

---Citigroup Inc. (Citigroup and, together with its subsidiaries, the Company) is a diversified global financial services holding company whose businesses provide a broad range of financial services to consumer and corporate customers with some 200 million customer accounts doing business in more than 100 countries. Citigroup was incorporated in 1988 under the laws of the State of Delaware.
http://www.citigroup.com/citi/investor/data/q0401c.pdf  [see 1998]

1988: Wells Fargo acquires Barclays Bank of California from Barclays plc.
 

1988 – Stake acquired in CSFBI
First Boston Inc. becomes CS First Boston with a takeover of 44.5% of CS First Boston by CS Holding. 1990 sees a takeover of a majority holding of CS First Boston.

https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1989

 1989 – CS Holding
CS Holding, set up in 1982 as a sister company to SKA, becomes the parent company of the Group.
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

J.P. Morgan ranks among Fortune's 50 Best Companies for Minorities. The firm is regularly recognized as a leading employer of women, minorities, and LGBT employees.             https://www.jpmorgan.com/pages/company-history

Alfred Herrhausen  Chairman of the Deutsche Bank, West Germany's largest bank, was assassinated on the streets of Frankfurt.

1990

 

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

1990: Deutsche Bank Government Securities becomes the only German bank to be awarded "primary dealer" status by the Federal Reserve Bank.https://www.db.com/usa/content/en/Chronicles.html
 

 1990 – Bank Leu
Acquisition of Bank Leu.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html     
 

 J.P. Morgan plays an active role in the negotiations with Mexico to restructure nearly $50 billion in medium- and long-term commercial bank debt. A first in the market, the new bonds become known as Brady Bonds.
 https://www.jpmorgan.com/pages/company-history

1991

Citibank  upgraded representative office in Shanghai (China) to full branch status     http://www.citi.com.cn/html/en/about_us/Our_history.html

In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States. http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

1992

1992: Deutsche Bank's activities in the USA were consolidated under the umbrella of Deutsche Bank North America Holding.https://www.db.com/usa/content/en/Chronicles.html

1993

Citibank, The first international bank to move its China headquarters to the mainland from Hong Kong http://www.citi.com.cn/html/en/about_us/Our_history.html

1993 – Volksbank
Acquisition of Swiss Volksbank. 
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html                                

CITIGROUP INC. (1951350) acquires TRAVELERS CORPORATION (1246092) 1993-12-31 The acquired institution sold its assets to the acquiring institution. http://www.ffiec.gov/nicpubweb/nicweb/AcquisitionForm.aspx?parID_RSSD=1951350&parDT_END=99991231
 

1993-12-31 PRIMERICA CORPORATION was renamed to TRAVELERS INC..

1994

On September 13, 1994, the Chairman of the Board of  Governors of the Federal Reserve System assumed the seat on the Board of Directors of the Bank for International Settlements (BIS) designated for the central bank of the United States. The central bank of the United States has had the right to be represented on the BIS's Board of 
Directors since the BIS was established more than sixty years ago. For a variety of reasons, however, the Federal 
Reserve had, until this year, never exercised its right.


The Federal Reserve Board's decision to assume representation on the BIS's Board was made in recognition 
of the increasingly important role of the BIS as the principal forum for consultation, cooperation, and 
information exchange among central bankers and in anticipation of a broadening of that role. Federal Reserve 
membership on the BIS Board marks a new chapter in the relationship of the Federal Reserve System with the BIS.
http://www.thefreelibrary.com/The+Bank+for+International+Settlements+and+the+Federal+Reserve.-a015850047  

1994 Member Central Banks of the Bank for International 
Settlements Country Central bank

1. Australia Reserve Bank of Australia
2. Austria Austrian National Bank
3. Belgium National Bank of Belgium
4. Bulgaria Bulgarian National Bank
5. Canada Bank of Canada
6. Czech Republic Czech National Bank
7. Denmark National Bank of Denmark
8. Estonia Bank of Estonia
9. Finland Bank of Finland
10. France Bank of France
11. Germany German Bundesbank
12. Greece Bank of Greece
13. Hungary National Bank of Hungary
14. Iceland Central Bank of Iceland
15. Ireland Central Bank of Ireland
16. Italy Bank of Italy
17. Japan Bank of Japan
18. Latvia Bank of Latvia
19. Lithuania Bank of Lithuania
20. Netherlands The Netherlands Bank
21. Norway Central Bank of Norway
22. Poland National Bank of Poland
23. Portugal Bank of Portugal
24. Romania National Bank of Romania
25. Slovakia National Bank of Slovakia
26. South Africa South African Reserve Bank
27. Spain Bank of Spain
28. Sweden Bank of Sweden
29. Switzerland Swiss National Bank
30. Turkey Central Bank of the
31. Republic of Turkey
32. United Kingdom Bank of England
33. United States Federal Reserve System
34. Yugoslavia(1) National Bank of Yugoslavia

1994 Basis of
Member membership

Willem F. Duisenberg First European Bank President

Elected
President, The Netherlands Bank
Chariman, Board of Directors of the
BIS, and President of the BIS

Carlo Azeglio Ciampi Appointed
Former governor, Bank of Italy
Vice Chairman, Board of Directors
of the BIS

Urban Backstrom Elected
Governor, Bank of Sweden

Bernard Clappier Appointed
Former governor, Bank of France

Antonio Fazio Ex officio
Governor, Bank of Italy

Edward A. J. George Ex officio
Governor, Bank of England

Alan Greenspan Ex officio
Chairman, Board of Governors of the
Federal Reserve System

Lord Kingsdown Appointed
[formerly Robin Leigh-Pemberton]
Former governor, Bank of England

Markus Lusser Elected
President, Swiss National Bank

William J. McDonough Appointed
President, Federal Reserve Bank of
New York

Yasushi Mieno Elected
Governor, Bank of Japan

Helmut Schlesinger Appointed
Former president, German Bundesbank

Jean-Claude Trichet Ex officio
Governor, Bank of France

Hans Tietmeyer Ex officio
President, German Bundesbank

Gordon Thiessen Elected
Governor, Bank of Canada

Alfons Verplaetse Ex officio
Governor, National Bank of Belgium

Philippe Wilmes Appointed
Member of the board of regents,
National Bank of Belgium
http://www.thefreelibrary.com/The+Bank+for+International+Settlements+and+the+Federal+Reserve.-a015850047 

1994 – Swiss Re
Launch of strategic alliance with Swiss Re.   
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

1995

1995: Wells Fargo becomes the first major financial services firm to offer Internet banking.

Beijing (China) Citibank representative office upgraded to branch  http://www.citi.com.cn/html/en/about_us/Our_history.html

 1995 – NAB
Takeover of Neue Aargauer Bank (NAB).
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

Kidder Peabody Group Inc. sold

1995-12-31 TRAVELERS INC. was renamed to TRAVELERS GROUP INC. and moved to 388 GREENWICH STREET NEW YORK, NY.

In 1995, First Chicago Corp. merged with NBD Bancorp., forming First Chicago NBD, the largest banking institution based in the Midwest.
http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

1996

1996: Wells Fargo acquires First Interstate Bancorp.

1996 – Winterthur
Launch of strategic alliance with Winterthur Group. 1997 sees the merger of Credit Suisse Group with Winterthur. 
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

100 LARGEST FDIC, FRB, AND OCC TRUST INSTITUTIONS

On March 31, 1996, The Chase Manhattan Corporation ("Old Chase") merged into Chemical Banking Corporation ("Chemical") (the "Merger"). Both Old Chase and Chemical were incorporated in Delaware. http://www.nyc.gov/html/tat/downloads/pdf/9999det0205.pdf 

The firm jointly leads the first “century” bond for a sovereign borrower – a 100-year, $100 million issue for the People’s Republic of China.https://www.jpmorgan.com/pages/company-history

In 1996, The Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of The Chase Manhattan Corp., creating what was then the largest bank holding company in the United States. http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

1997

 1997 – Credit Suisse Group
CS Holding becomes Credit Suisse Group, and begins operational activities on January 1, 1997.  
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html 
 

Kevin J. Davis former  Citibank employee goes to work at    Office of Thrift Supervision OTS 

1997-11-26 TRAVELERS GROUP INC. changed from Domestic Entity Other to Savings & Loan Holding Company.

1998

1998: Wells Fargo Bank merges with Norwest Corp. of Minneapolis.

NationsBank acquires BankAmerica Corp to create the first coast-to-coast retail banking franchise - Bank of America http://www.ustrust.com/ust/pages/about-us.aspx
 

1998: On November 30 Deutsche Bank announces the planned acquisition of Banker's Trust. It is the largest entry a German bank has ever made into the U.S. financial market. https://www.db.com/usa/content/en/Chronicles.html 
 

Former  Citibank employee    Darina McKelvie Named Head of External Affairs at OTS

Salomon (NYSE:SB) was acquired by Travelers Group in 1998

 

1998-10-08 TRAVELERS GROUP INC. was renamed to CITIGROUP INC. and moved to 153 EAST 53RD STREET NEW YORK, NY and changed from Savings & Loan Holding Company to Bank Holding Company.

1998-10-08 COMMERCIAL CREDIT CORPORATION located at 
BALTIMORE, MD was established as a Finance Company.

Citigroup Inc. was formed in October 1998 as a result of the merger between Citicorp and Travelers Group Inc.http://www.federalreserve.gov/boarddocs/press/bhc/1998/19980923/19980923.pdf  [see 1988]

Citigroup President, Heir Apparent to Top Job, Quits Abruptly

J.P. MORGAN IN RUSSIA

Citibank -The first international bank to offer integrated nationwide Renminbi (RMB) cash management 
Opened Guangzhou branch  
http://www.citi.com.cn/html/en/about_us/Our_history.html

In 1998, Banc One Corp. merged with First Chicago NBD, under the name of Bank One Corp. After a subsequent merger, Bank One became the largest financial services firm in the Midwest, the fourth-largest bank in the U. S. and the world's largest Visa credit card issuer.http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

1999

The Group of Twenty (also known as the G-20 or G20) is an international forum for the governments and central bank governors from 20 major economies. The members, shown highlighted on the map at right, include 19 individual countries—Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—along with the European Union (EU). The EU is represented by the European Commission and by the European Central Bank.

The Group of Twenty (also known as the G-20 or G20) is an international forum for the governments and central bank governors from 20 major economies. The members, shown highlighted on the map at right, include 19 individual countries—Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—along with the European Union (EU). The EU is represented by the European Commission and by the European Central Bank.

The G-20 was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability. It seeks to address issues that go beyond the responsibilities of any one organization. Collectively, the G-20 economies account for around 85% of the gross world product (GWP), 80% of world trade (or, if excluding EU intra-trade, 75%), and two-thirds of the world population.[2] The G-20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008.

With the G-20 growing in stature after the 2008 Washington summit, its leaders announced on 25 September 2009, that the group would replace the G8 as the main economic council of wealthy nations.[3] Since its inception, the G-20's membership policies have been criticized by numerous intellectuals,[4][5] and its summits have been a focus for major protests by anti-globalists, nationalists and others.[6]

The heads of the G-20 nations met semi-annually at G-20 summits between 2008 and 2011. Since the November 2011 Cannes summit, all G-20 summits have been held annually.[2] In December 2014, Turkey took over the presidency of the G-20 from Australia, and will host the group's 2015 summit in Antalya.
 

1999: On June 4 the acquisition of Bankers Trust is completed. https://www.db.com/usa/content/en/Chronicles.html

Gramm-Leach-Bliley Act 1999
 

1999-05-21 COMMERCIAL CREDIT CORPORATION was 
renamed to CITIFINANCIAL SERVICES, INC..

 COMMERCIAL CREDIT CORPORATION name was changed to CITIFINANCIAL, INC. ,on 05-27-1999;Entity type: Foreign Corporation;Identification Number: 520278518; Date of Registration in Massachusetts: 09-27-1983http://corp.sec.state.ma.us/CorpWeb/CorpSearch/CorpSummary.aspx?FEIN=520278518&SEARCH_TYPE=4

Note: COMMERCIAL CREDIT CORPORATION
Document Number139497 
Date Filed 08/17/1940
Effective Date None 
Status Inactive 
VOLUNTARY DISSOLUTION 06/14/1947 

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=COMMERCIALCREDIT%201394970&aggregateId=domp-139497-29bbea5d-84f6-4aad-8f1b-e7e4c468e1fb&searchTerm=COMMERCIAL%20CREDIT%20CORPORATION&listNameOrder=COMMERCIALCREDIT%201394970

 

HSBC expanded its presence in the United States

Citibank- The first international bank to establish a centralized customer service center (in China) http://www.citi.com.cn/html/en/about_us/Our_history.html 
 

-The 1933 Glass-Steagall Act erected barriers keeping commercial banks separate from investment banks. Its restrictions were repealed in 1999.

End of an era for Goldman

 Edmond Safra billionaire banker ;At the time of his death, Safra  was selling his controlling stakes in both Safra Republic and Republic New York Corp. (RNB) -- banks he founded and often referred to as his "children" -- to Britain's HSBC Holdings for $3 billion. 

2000

2000: Wells Fargo Bank acquires National Bank of Alaska.
2000: Wells Fargo acquires First Security Corporation.

In 2000, J.P. Morgan & Co. Incorporated merged with The Chase Manhattan Corp., effectively combining four of the largest and oldest money center banking institutions in New York City (J.P. Morgan, Chase, Chemical and Manufacturers Hanover) into one firm under the name of J.P. Morgan Chase & Co. http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

2000-03-13 CITIGROUP INC. changed from Bank Holding Company to Financial Holding Company - Domestic. 
2000-09-11 CITIGROUP INC. moved to 399 PARK AVENUE NEW YORK, NY. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=1951350&parDT_END=99991231 

J.P. Morgan merges with The Chase Manhattan Corporation and is named JPMorgan Chase and Co. Four years later, the company merges with Bank One, creating a global financial services leader.  https://www.jpmorgan.com/pages/company-history

2001

 

2001: Wells Fargo acquires H.D. Vest Financial Services.

Citigroup Inc., the largest U.S. financial services company, said Monday it agreed to buy  European American Bank from Dutch banking company ABN Amro Holding for $1.6 billion in cash to gain more branches in the New York area. http://articles.latimes.com/2001/feb/13/business/fi-24719

FEDERAL RESERVE SYSTEM
The Chase Manhattan Bank
New York, New York
Order Approving the Merger of Banks
The Chase Manhattan Bank (AChase Bank@), a state member bank,
has applied under section 18(c) of the Federal Deposit Insurance Act (12 U.S.C.
' 1828(c)) (the "Bank Merger Act") to merge with Chase Bank of Texas B San
Angelo, National Association, San Angelo, Texas (“Chase Texas”). Chase Bank
would be the surviving institution.1
http://www.federalreserve.gov/boarddocs/press/bhc/2001/20010709/attachment.pdf 

Bin Laden Family Could Profit From a Jump In Defense Spending Due to Ties to U.S. Bank 

2001: On October 3 - three weeks after the terror attacks on September 11 - trading in the Deutsche Bank share starts on the New York Stock Exchange. https://www.db.com/usa/content/en/Chronicles.html
 

STATE OF NEW YORK INSURANCE DEPARTMENT
REPORT ON EXAMINATION OF THE FIRST CITICORP LIFE INSURANCE COMPANY AS OF DECEMBER 31, 2001 http://www.dfs.ny.gov/insurance/exam_rpt/ny801c45.pdf

2002

Sarbanes-Oxley Act of 2002

   2002 – New Organizational Structure    
Group organizational structure is streamlined to create two business units: Credit Suisse Financial Services and Credit Suisse First Boston. 
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

2003

  U.S. Securities and Exchange Commission Report of Investigation

2003: Deutsche Bank's US-headquarter moves to 60 Wall Street. The move is the result of an agreement between Deutsche Bank and the World Trade Center Job Creation and Retention program, which provides support for businesses relocating to Lower Manhattan. https://www.db.com/usa/content/en/Chronicles.html

2004

Meet the Un-Enron: Banking's Next Top Gun

----Acquisition of Washington Mutual Finance Corporation
On January 9, 2004, Citigroup acquired Washington Mutual Finance Corporation (WMF) for $1.25 billion. WMF was the consumer finance subsidiary of Washington Mutual, Inc. WMF provides direct consumer installment loans and real-estate-secured loans, as well as sales finance and the sale of insurance. The acquisition includes 427 WMF offices located in 26 states, primarily in the Southeastern and Southwestern United States. WMF has more than 2,300 employees and total assets of $3.8 billion. Citicorp has guaranteed all outstanding unsecured indebtedness of WMF in connection with this acquisition.
http://www.citigroup.com/citi/investor/data/q0401c.pdf

On February 22, 2004, Citigroup and KorAm Bank announced that they, together with an investor consortium led by The Carlyle Group and JP Morgan Corsair II (the investor consortium), signed an agreement for Citigroup to acquire a controlling interest in KorAm. Based on 2003 revenues, KorAm Bank is the seventh-largest commercial bank in Korea, with 222 domestic branches and total assets of $35.9 billion.
http://www.citigroup.com/citi/investor/data/q0401c.pdf

--January 30, 2004   FEDERAL RESERVE SYSTEM
J.P. Morgan Chase & Co.
New York, New York
 
Order Approving Acquisition of a Savings Association

---March 26, 2004-  FEDERAL RESERVE SYSTEM
J. P. Morgan Chase & Co. New York, New York
Notice of Public Meetings
New York, New York Chicago, Illinois
Background and Public Meeting Notice
On February 9, 2004, J. P. Morgan Chase & Co., New York, New York (“JPMorgan Chase”), requested the Board’s approval under the Bank Holding Company Act (12 U.S.C. § 1841 et seq.) (“BHC Act”) to merge with Bank One Corporation, Chicago, Illinois (“Bank One”). The Board hereby orders that public meetings on the JPMorgan Chase/Bank One proposal be held in New York, New York, and Chicago, Illinois.
 

--- FEDERAL RESERVE SYSTEM
Barclays Bank PLC London, England
FEDERAL RESERVE SYSTEM
Barclays Bank PLC London, England
Order Approving Notice to Engage in Activities  Complementary to a Financial Activity
Barclays Bank PLC (“Barclays”), a foreign bank that is treated as a financial holding company (“FHC”) for purposes of the Bank Holding Company Act (“BHC Act”), has requested the Board’s approval under section 4 of the BHC Act (12 U.S.C. § 1843) and the Board’s Regulation Y (12 C.F.R. Part 225) to engage in physical commodity trading in the United States. Barclays currently conducts physical commodity trading outside the United States.
 Complementary to a Financial Activity
Barclays Bank PLC (“Barclays”), a foreign bank that is treated as a financial holding company (“FHC”) for purposes of the Bank Holding Company Act (“BHC Act”), has requested the Board’s approval under section 4 of the BHC Act (12 U.S.C. § 1843) and the Board’s Regulation Y (12 C.F.R. Part 225) to engage in physical commodity trading in the United States. Barclays currently conducts physical commodity trading outside the United States.
 

 2005

2005 – One Bank
Credit Suisse implements its One Bank strategy by merging its Credit Suisse legal entities in Switzerland with Credit Suisse First Boston. 
https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

JPMorgan Chase & Co. New York, New York Order Approving Notice to Engage in
Activities Complementary to a Financial Activity

CITIGROUP INC. (1951350) acquires CITICORP (1042351) 2005-08-01 The acquired institution sold its assets to the acquiring institution.

CITIGROUP INC. (1951350) acquires CITIGROUP HOLDINGS COMPANY (2879844) 2005-08-01 The acquired institution sold its assets to the acquiring institution.

Seized documents point to Neftyanoi Bank money laundering role

Arthur Zankel   player in the merger of Citibank and Travelers Group insurance company

 

First American Bank is Now Citibank Texas, N.A. close




For immediate release
Citigroup Inc. (NYSE symbol: C)
March 31, 2005

Citigroup Completes Acquisition of First American Bank in Texas

(NEW YORK; DALLAS, March 31, 2005) – Citigroup has successfully completed its acquisition of First American Bank in Texas. In the closing transaction, Citigroup purchased all of the outstanding common stock of First American Bank. Immediately prior to the acquisition, the privately held Bank was converted to a National Association banking charter and renamed Citibank Texas, N. A. Terms of the agreement were not disclosed.

Robert B. Willumstad, President and Chief Operating Officer of Citigroup, said, “We look forward to bringing our successful banking model to Texas and best serving the needs of its communities, small- and middle-market enterprises and consumers.”

Ajay Banga, President of North America Retail Banking at Citigroup said, “We have been eager to enter the commercial and retail banking business in Texas for a long time. Texas is a vital and dynamic growth market for our company. Now the presence of our Citibank offices and financial centers will help demonstrate our commitment to the State, where we already have 16,000 employees engaged in a variety of Citigroup’s businesses.”

Citibank Texas, N.A. will be headquartered in Dallas, as the majority of Citigroup’s operations are based in the Dallas-Ft. Worth area. Citibank intends to retain former First American Bank branch and sales staff throughout the state along with approximately 200 non-branch personnel based in the Bryan-College Station area. In the coming months, the 106 First American office and branch locations will be converted to the Citibank brand name, offering business and retail customers an outstanding array of innovative products and services, based on Citibank’s best-in-class branch business model.

Citigroup has had a presence in Texas for many years. In 2004, Citigroup and the Citigroup Foundation awarded more than $2,700,000 in grants and sponsorships to charitable and non-profit organizations in communities across Texas to support financial education, general education, child development, and community development programs, among others. Its businesses in the state include Smith Barney, Citibank’s Sales and Service Center in San Antonio, CitiFinancial International, CitiFinancial branches, CitiFinancial Auto and CitiFinancial Home Equity Operations, Citigroup's Industrial Equipment Finance unit, Citicorp Credit Services, Inc., CitiMortgage, CitiStreet, the Citigroup Private Bank, Citigroup Corporate and Investment Banking, and the American Health and Life Insurance Company.

Citigroup (NYSE: C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com

Certain statements in this document are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup’s filings with the Securities and Exchange Commission

http://www.citi.com/domain/citibanktx/tx_pressrelease.htm        Copyright © 2005 Citicorp
 

2006

  

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

2006 – New Integrated Bank      
Credit Suisse celebrates its 150th anniversary. At the same time it begins life as a globally integrated bank. In keeping with its new status it launches a new logo.   https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html

CITIGROUP INC. (1951350) acquires  CITIBANK (WEST) BANCORP INC. (3158452) 2006-10-01 The acquired institution sold its assets to the acquiring institution.

CITIGROUP INC. (1951350) acquires CITIBANK (WEST) HOLDINGS INC. (3158395) 2006-10-01 The acquired institution sold its assets to the acquiring institution.

http://investor.shareholder.com/JPMorganChase/releasedetail.cfm?releaseid=216082

Andrei Kozlov (Sept) a Central Bank official who oversaw efforts to clean up the Russia's murky banking industry,murdered.

2007

2007: Wells Fargo acquires CIT Construction.
2007: Wells Fargo acquires Placer Sierra Bank.
2007: Wells Fargo acquires Greater Bay Bancorp.

2007-The number of state banks increased from  246 [in 1815] to 21725 . The following is a list of all banks in the state of "All States" with ratings as listed.  http://apps.occ.gov/toolkit/crareslt.aspx     

2007- Bank of America acquires U.S. Trust      http://www.ustrust.com/ust/pages/about-us.aspx 

NOTE:   Bank of America, N.A. and U.S. Trust Company of Delaware (collectively the "Bank") do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.  http://www.ustrust.com/ust/pages/about-us.aspx  
 
 2007 – Clariden Leu Merger of the four independent Credit Suisse private banks, Clariden, Bank Leu, Bank Hofmann, and Banca di Gestione Patrimoniale to form Clariden Leu.                                           https://www.credit-suisse.com/us/en/about-us/who-we-are/history/milestones.html                 

 

“Citigroup” means Citigroup Inc., a corporation duly organized and validly existing under the laws of the State of Delaware, United States.   [Bank of Chile]       

CITIGROUP INC. (1951350) acquires CITIGROUP JAPAN INVESTMENTS LLC (3609114) 2007-07-05 The acquired institution sold its assets to the acquiring institution.

--January 22, 2007 01:00 AM Eastern Standard Time 
NEW YORK--(BUSINESS WIRE)--Citigroup announced today that it will acquire ABN AMRO Mortgage Group (AAMG), a national originator and servicer of prime residential mortgage loans. Citigroup will purchase approximately $9 billion in net assets and ABN AMRO Mortgage Group’s approximately $224 billion mortgage servicing portfolio. ABN AMRO Mortgage Group’s primary originations business is via wholesale lending under the InterFirst brand. ABN AMRO Mortgage Group is a subsidiary of LaSalle Bank Corporation and ABN AMRO Bank N.V. and is headquartered in Ann Arbor, Michigan. Terms of the transaction were not disclosed.

Citigroup, the leading global financial services company, has some 200 million customer accounts and does 
business in more than 100 countries, providing consumers, corporations, governments and institutions with a 
broad range of financial products and services, including consumer banking and credit, corporate and investment 
banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at 
www.citigroup.com  
 
http://www.businesswire.com/news/home/20070121005082/en/Citigroup-Acquire-ABN-AMRO-Mortgage-Group#.VLPY7XTna00


--
2007: Bank of America acquires U.S. Trust
 http://www.ustrust.com/ust/pages/about-us.aspx 
 

-Abu Dhabi Investment Authority invested $7.5 billion in Citigroup Inc. The fund, known as ADIA, agreed to buy the equivalent of 4.9 percent of Citigroup. A year later Citibank was bailed out at the cost of $45 billion to the American tax payers.

Olivant Advisors Ltd - Statement re Northern Rock  [see 2008 Kirk Stephenson]

Keith Gores  Banking executive ,vice president at Marshall & Ilsley Bank  

2008

2008: Wells Fargo acquires United Bancorporation of Wyoming
2008: Wells Fargo acquires Century Bank.
2008: Wells Fargo acquires Wachovia Corporation.

Lehman Brothers became entangled in the subprime mortgage lending crisis, which led to its demise in 2008. On September 15, Lehman Brothers Holdings Inc. filed a Chapter 11 bankruptcy petition in federal court. The company's assets were subsequently sold to several other firms, including Barclays Bank, PLC and Nomura Holdings, Inc. http://www.library.hbs.edu/hc/lehman/history.html

In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.
Also in 2008, JPMorgan Chase & Co. acquired the deposits, assets and certain liabilities of Washington Mutual's banking operations. This acquisition expanded Chase's consumer branch network into California, Florida and Washington State and created the nation's second-largest branch network — with locations reaching 42% of the U.S. population.
 http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history 

2008: J.P. Morgan plays an important role in helping manage the credit crisis through the acquisition of Bear Stearns.https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history
 

AGREEMENT AND PLAN OF MERGER      [by and among 
COUNTRYWIDE FINANCIAL CORPORATION, BANK OF AMERICA CORPORATION
and RED OAK MERGER CORPORATION
 

       http://www.sec.gov/divisions/investment/noaction/2008/russellinvestmentco102008.pdf                                   [see 2014 death  Mike Dueker]

In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.
Also in 2008, JPMorgan Chase & Co. acquired the deposits, assets and certain liabilities of Washington Mutual's banking operations. This acquisition expanded Chase's consumer branch network into California, Florida and Washington State and created the nation's second-largest branch network — with locations reaching 42% of the U.S. population. https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history  (research results 12-29-2016)

 JPMorgan Chase & Co. acquires The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.   https://www.jpmorgan.com/pages/company-history

-ProLogis to Participate in Citigroup's 2008 Global Property CEO Conference.

-Citibank was bailed out at the cost of $45 billion to the American tax payers.

-On September 21, 2008, Goldman Sachs and Morgan Stanley, the last two major investment banks in the United States, both confirmed that they would become traditional bank holding companies, bringing an end to the era of investment banking on Wall Street.The Federal Reserve's approval of their bid to become banks ended the ascendancy of the securities firms, 75 years after Congress separated them from deposit-taking lenders, and capped weeks of chaos that sent Lehman Brothers into bankruptcy and led to the rushed sale of Merrill Lynch & Co. to Bank of America Corp.

--- This action arises out of improper accounting  practices at The BISYS Group, Inc.

Kirk Stephenson   millionaire financier ;  chief operating officer of   Olivant Advisers . 2.5 per cent stake in Swiss banking giant UBS (Swiss Bank Corporation). There has been persistent speculation in the financial world that UBS has written off billions after being exposed to the US mortgage market.

Christen Schnor    top  HSBC banker  (The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China) 
 

Thierry Magon de la Villehuchet   the former CEO of Credit Lyonnais Securities    .(The company Access International Advisors and Marketers (AIA Group) was co-founded in 1994 by French bankers, yachtsman René-Thierry Magon de la Villehuchet and Patrick Littaye. Philippe Junot, the first husband of Princess Caroline of Monaco, was a partner of the company.)

2009

list of the central banks of the world

 

2009: Wells Fargo acquires North Coast Surety Insurance Services

February 27, 2009
Citi shares set to plumb new all-time lows 
By John Spence 

BOSTON (MarketWatch) -- Shares of Citigroup Inc. were poised to fall to fresh all-time lows on Friday after the company said the government will boost its stake in the troubled bank to firm up its capital base. The stock was down more than 50% in premarket trading Friday to $1.28 at last check. The shares' most recent 52-week low was $1.61 on Feb. 20. 

Marketwatch




February 27, 2009

Citigroup reaches aid deal 
with government

By MARTIN CRUTSINGER, AP Economics Writer Martin Crutsinger 

WASHINGTON – The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises.

The deal announced Friday by the company and the Treasury Department represents the third rescue attempt for Citigroup in the past five months. It's contingent on private investors agreeing to a similar swap.

The administration decided to restructure the bailout package for Citigroup again in the hopes that converting $25 billion of preferred shares into common stock would give investors more confidence the bank has sufficient capital reserves to withstand mounting losses on its holdings of mortgages and other loans. While the conversion to common stock will dilute current shareholders' investments, a wider equity base could calm investors since there would be more reserves in place to guard against further losses as the economy sours.

Besides a stronger capital base, the company is getting a critical boost to its cash flow as it forgoes its 4 cent annual dividend on its common shares. That is giving Citi an additional $2.18 billion a year.

But the deal doesn't affect one of Citi's greatest problems, the billions of dollars in failed mortgage-backed securities that still sit on its books. As those investments have fallen in value, they have exacerbated Citi's losses.

The plan comes one day after the Obama administration laid the groundwork in its first budget request for greatly increasing the size of the $700 billion bailout program that Congress passed in October. Administration officials said no decisions had been made yet but suggested the size of the effort could be expanded by as much as another $750 billion.

The swap of $25 billion of preferred shares into common stock will expose the government to the same risks facing other holders of the bank's common stock. Shares of Citigroup and many other financial companies have plunged as the sector undergoes its worst crisis in seven decades.

But the administration is mindful about growing unhappiness among voters and lawmakers in the huge sums that have been provided to the nation's banks, money that so far seems to have done little to stabilize the situation.

In his first address to a joint session of Congress on Tuesday, President Barack Obama stressed that the government effort was not aimed at bailing out bank executives who had made bad loans, but instead in getting credit flowing again to consumers and businesses.

"I know how unpopular it is to be seen as helping banks right now, especially when everyone is suffering in part from their bad decisions," Obama said. "I promise you — I get it."

The aim of the government's rescue effort is to keep the New York bank holding company alive and bolster its capital as it faces growing losses amid the intensifying global recession. Existing Citi shareholders would see their ownership stake shrink to as little as 26 percent.

Investors appeared disappointed in the deal and expected dilution of their stake, sending shares plummeting 91 cents, or 37 percent, to a new 52-week low of $1.55 in afternoon trading. Stocks tumbled early but pulled off their lows as the Dow Jones industrial average came within 34 points of breaching the 7,000 mark for the first time in more than 11 years.

Underscoring its precarious nature, the company also disclosed that it recorded a goodwill impairment charge of about $9.6 billion due to deterioration in the financial markets.

The Treasury Department said the transaction requires no new federal funds. But it left the door open for Citigroup to seek additional government funding or for the conversion to common shares of the remaining $20 billion in federal bailout money it received late last year. The government currently holds about an 8 percent stake in Citi.

For now, that $20 billion in government funding will be converted into a new class of preferred shares that will be senior to other bank debt and it will continue to pay a yearly 8 percent cash dividend. As part of the deal, the payout for all other preferred shares will be suspended.

Citi will offer to exchange up to $27.5 billion of its existing preferred stock held by private investors at a conversion price of $3.25 per share. That's a 32 percent premium over Thursday's closing price of $2.46.

The Government of Singapore Investment Corp., Saudi Arabian Prince Alwaleed Bin Talal, Capital Research Global Investors and Capital World Investors are among the private investors that said they would participate in the exchange.

The conversion will help provide Citi the mix of capital to withstand further weakening in the economy. The stock-conversion option was laid out by the administration earlier this week as an option for providing relief to banks. It gives the government greater flexibility in dealing with ailing banks. It also gives the government voting shares, and therefore more say in a bank's operations. 

But common shares absorb losses before preferred shares do, which means taxpayers would be on the hook if banks keep writing down billions of dollars' worth of rotten assets, such as dodgy mortgages, as many analysts expect they will. 

On the other hand, common stock in banks is incredibly cheap, and taxpayers would reap gains if the banks come back to health and the stock price goes up. 

One of the hardest hit banks by the ongoing credit crisis, Citi has also received guarantees from the government protecting it from the bulk of losses on $300 billion of risky investments. Citi has been especially hit hard by investments in the mortgage market, which began to collapse in 2007. 

The deal comes as Citi is in the process of shedding assets and cutting staff as it looks to reduce costs and streamline operations ahead of splitting its traditional banking businesses from its riskier operations. Citi last month reached a deal to sell a majority stake in its Smith Barney brokerage unit to Morgan Stanley. 

Citi also will reshape its board of directors, Richard Parsons, the bank's chairman, said in a statement Friday. The board, which currently has 15 members, will have a majority of new independent directors as soon as possible, he said. 

Three board members in recent weeks have said they would not seek re-election as the company's annual shareholders meeting in April. Two others will reach the mandatory retirement age by the time of the meeting. 

Roberto Hernandez Ramirez earlier this month said he would not stay on beyond his current term. Last month, Robert Rubin, a former Treasury secretary who was a longtime Citigroup board member, and Win Bischoff, most recently chairman at Citigroup, announced their retirements from the company. 

The goodwill charge announced Friday was added to Citi's 2008 results along with a $374 million impairment charge tied to its Nikko Asset Management unit. The charges resulted in Citi revising its 2008 loss to $27.7 billion, or $5.59 per share. 

www.news.yahoo.com/s/ap/20090227/ap_on_bi_ge/citigroup_rescue 

March 14, 2009

Ex-CEO of Bankoh considered
for Citigroup board

By David Segal, Honolulu Star-Bulletin

Former Bank of Hawaii Chief Executive Michael O'Neill reportedly is one of the candidates being considered for a position on the board of directors at financially troubled Citigroup Inc.

O'Neill, who turned around Bankoh's lagging fortunes in less than four years before retiring at age 57 in August 2004, was mentioned along with former U.S. Bancorp CEO Jerry Grundhofer and William S. Thompson, former co-chief of bond investment manager Pimco, according to a report in the Wall Street Journal.

The newspaper said Citigroup is expected to announce the board changes next week when it files its proxy statement with the Securities and Exchange Commission. Any nominees would have to be formally approved by the board and voted on by shareholders.

O'Neill took over then-called Pacific Century Financial Corp. from Larry Johnson on Nov. 3, 2000, and in less than four years transformed the bank into a more efficient operation, elevated earnings to record highs and increased shareholder value nearly fourfold.

He also became somewhat of a TV personality with the bank's "Tell Mike" campaign.

Richard Parsons, a one-time University of Hawaii student who took over as chairman last month, is one of the few Citigroup directors with experience in both banking and leading a large company.

Honolulu Star-Bulletin


April 4, 2009

Financial industry paid 
millions to Obama aide! 

Summers earned cash last year from firms 
over which he now has influence

By Jeff Zeleny, The New York Times 

WASHINGTON - Lawrence H. Summers, the top economic adviser to President Obama, earned more than $5 million last year from the hedge fund D. E. Shaw and collected $2.7 million in speaking fees from Wall Street companies that received government bailout money, the White House disclosed Friday in releasing financial information about top officials. 

Mr. Summers, the director of the National Economic Council, wields important influence over Mr. Obama’s policy decisions for the troubled financial industry, including firms from which he recently received payments. 

Last year, he reported making 40 paid appearances, including a $135,000 speech to the investment firm Goldman Sachs, in addition to his earnings from the hedge fund, a sector the administration is trying to regulate. 

The White House released hundreds of pages of financial disclosure forms, which are required of all West Wing officials. A White House spokesman, Ben LaBolt, said the compensation was not a conflict for Mr. Summers, adding it was not surprising because he was “widely recognized as one of the country’s most distinguished economists.” 

Mr. Summers’s role at the White House includes advising Mr. Obama on whether - and how - to tighten regulation of hedge funds, which engage in highly sophisticated financial trading that many analysts have said contributed to the economic collapse. 

Mr. Summers, a former president of Harvard University, was Treasury secretary in the Clinton administration. He appeared before large Wall Street companies like Citigroup ($45,000), J. P. Morgan ($67,500) and the now defunct Lehman Brothers ($67,500), according to his disclosure report. He reported being paid $10,000 for a speaking date at Yale and $90,000 to address an organization of Mexican banks. 

While Mr. Obama campaigned on a pledge to restrict lobbyists from working in the White House, a step intended to reduce any influence between the administration and corporations, the ban did not apply to former executives like Mr. Summers, who was not a registered lobbyist. In 2006, he became a managing director of D. E. Shaw, a firm that manages about $30 billion in assets, making it one of the biggest hedge funds in the world. 

“Dr. Summers was not an adviser to or an employee of the firms that paid him to speak,” Mr. LaBolt said. 

He added, “Of course, since joining the White House, he has complied with the strictest ethics rules ever required of appointees and will not work on specific matters to which D. E. Shaw is a party for two years.”

A review of hundreds of pages of financial disclosure forms on Friday evening offered an extensive portrait of the wealth of top officials in the Obama administration. The forms detail the salaries, bonuses and investments of the president’s circle of advisers, many of whom took deep pay cuts from the private sector and sold their companies to work at the White House. 

David Axelrod, who was the chief campaign strategist to Mr. Obama and now serves as a senior adviser to the president, reported a salary of $1 million last year from his two consulting firms. Over the next five years, according to his disclosure form, he will get $3 million from the sale of the two firms, which provide media and strategic advice to political clients. He listed assets of about $7 million to $10 million, and reported a long list of Democratic clients and a few corporate concerns, including AT&T and the Exelon Corporation, a nuclear energy company. 

The disclosure forms also shed further light on the compensation received by a top Obama aide who previously worked for Citigroup, one of the largest recipients of taxpayer bailout money. The aide, Michael Froman, deputy national security adviser for international economic affairs, received more than $7.4 million from the company from January 2008 to when he joined the White House this year. 

'Shameful' 

That money included a year-end bonus of $2.25 million for work in 2008, which Citigroup paid him in January. Such bonuses have prompted political controversy in recent months, including sharp criticism from Mr. Obama, who in January branded them as “shameful.” 

The White House had previously acknowledged that Mr. Froman received such a year-end bonus and said he had decided to give it to charity, but would not say what it was. 

The administration said Friday that Mr. Froman was working on giving the $2.25 million to a combination of charities related to homelessness and cancer, which took the life of his son this year. 

The remainder of Mr. Froman’s earnings from Citigroup included deferred compensation and bonuses for work performed in prior years, as well as a $2 million payment for waiving his carried-interest stake in several private equity funds. 

The White House said Mr. Froman decided to take the buyouts to avoid having to recuse himself from foreign-policy issues related to the funds’ investments, like India infrastructure, which means he would be taxed at ordinary income rates on the money. 

Millionaires work in a variety of positions across the administration, and they include Desirée Rogers, the White House social secretary. Ms. Rogers, a close Chicago friend of the Obama family, reported income of $2.3 million last year. She earned a salary of $1.8 million from People’s Gas & North Shore Gas, along with three other sources of income from serving on insurance company boards. 

Thomas E. Donilon, the deputy national security adviser, reported earning $3.9 million as a partner at the Washington law firm O’Melveny & Myers. His disclosure form says major clients included Citigroup, Goldman Sachs and Apollo Management, a private equity firm in New York that specializes in distressed assets and corporate restructuring. 

Mr. Donilon is also entitled to future pension payments from Fannie Mae, where he worked from 1999 to 2005. 

Reporting was contributed by Peter Baker, David Johnston, David D. Kirkpatrick, Eric Lipton and Charlie Savage. 

This story, Financial Industry Paid Millions to Obama Aide, originally appeared in The New York Times.
 

 

Uploaded on Jul 21, 2009[above video]

This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or 'central liquidity swaps' in Federal Reserve-ese'). 

Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."

Which financial institutions received this money? Bernanke's answer: I don't know.

As the Fed was lending this money, the dollar increased by 30% in value. Grayson asks, was this a coincidence? Bernanke's answer: yes

 

Senator Sanders asks Bernanke WHERE IS THE MONEY

-----Goldman Sachs Group Inc (GS.N) media sector banker Joseph Ravitch is leaving the company. Ravitch  was a driving force behind a number of media deals, including the creation of the YES television network, the formation of the NBA China joint partnership, and the sale of the New Jersey Nets and Seattle Supersonics basketball clubs http://www.reuters.com/article/2009/03/06/ravitch-goldmansachs-idUSBNG48923120090306

ADIA, which doesn’t give the value of its assets, filed a complaint against Citigroup in 2009, saying it made “fraudulent misrepresentations” about the deal.

-The acquisition was completed in January 2009 and Merrill Lynch & Co., Inc. was merged into Bank of America Corporation, although certain Bank of America subsidiaries continue to carry the Merrill Lynch name, including the broker-dealer Merrill Lynch, Pierce, Fenner & Smith. Bank of America also takes over Merrill's nearly 50 percent stake in the powerful money manager BlackRock Inc (BLK.N).

L Sunil Shankar Goud   assistant manager of HSBC Bank 

Anjool Malde  Banker (Deutsche Bank) internships at the City solicitors Slaughter-and May and the finance house ABN Amro.

Huibert Gerald Boumeester  Banker (ABN)October 9, 2009

BILL MOYER’S JOURNAL

BILL MOYERS: Welcome to the JOURNAL. 

I sat in a theater packed with passionate moviegoers, every one of them seemingly aghast at the Wall Street skullduggery exposed by Michael Moore in his latest film. It's called 'Capitalism: A Love Story.' Here's an excerpt: 

MICHAEL MOORE: We're here to get the money back for the American People. Do you think it's too harsh to call what has happened here a coup d'état? A financial coup d'état? 

MARCY KAPTUR: That's, no. Because I think that's what's happened. Um, a financial coup d'état? 

MICHAEL MOORE: Yeah. 

MARCY KAPTUR: I could agree with that. I could agree with that. Because the people here really aren't in charge. Wall Street is in charge. 

BILL MOYERS: That's the progressive Representative from Ohio, Marcy Kaptur, she's with me now. She has a Masters from the University of Michigan, did graduate study at M.I.T. and still lives in the same house in the Toledo working class neighborhood where she grew up. 

She's in her 14th term in Congress, the longest-serving Democratic woman in the history of the House, and she's an outspoken financial watchdog on three important Committees: Appropriations, Budget and Oversight and Government Reform. 

Also with me is a familiar face to viewers of this broadcast. Simon Johnson is the former Chief Economist at the International Monetary Fund. He now teaches Global Economics and Management at M.I.T.'s Sloan School of Management. He's one of the founders of the website Baselinescenario.com. I check it out daily for Simon's take on the economic and financial crisis. 

It's been a year since the great collapse and both my guests are well equipped to assess what's happened since then. Welcome to you both. 

MARCY KAPTUR: Thank you. 

BILL MOYERS: Let's look at this story that I just read from the Associated Press this week about how Treasury Secretary Geithner is on the phone several times a day with a select group of very powerful Wall Street bankers, especially Citigroup, J.P. Morgan, Goldman Sachs. He will talk to them when Members of Congress have to leave a message on the answering machine. And these are the bankers who helped bring on this calamity and who are now benefiting from it. What does that say to you? 

MARCY KAPTUR: That says to me that Wall Street and Washington is a circuit. And because Mr.Geithner headed the New York Fed that that historic relationship, unfortunately, continues. And it gives them special access and special power to influence policy. 

SIMON JOHNSON: Well, I think it really tells you how the system works. The system is based on access and is based on what on Wall Street shaping Washington's view of what's important. 

It's the people who are very close to Mr. Geithner before when he was the head of the New York Fed. Before he became Treasury Secretary. These people have unparalleled access. And in a crisis, when everything is up for grabs, you don't know what's going on, the people who will take your phone calls, right, in government and people who are going to be standing in the oval office, making the key decisions. That's the heart of the system. That's the heart of how you get your agenda through, by changing their worldview. 

MARCY KAPTUR: And they also move people. In other words, Mr. Geithner came from the New York Fed, he came from Wall Street, and he becomes Secretary of the Treasury. His predecessor, Mr. Paulson, came from Goldman Sachs, and he becomes Secretary of Treasury. You can go back decades, and you will see that there's this revolving door between Wall Street and Washington. 

And I recently asked Chairman Bernanke of the Federal Reserve, 'Let me ask you a question. Would you be willing to consider a reform where the Cleveland Fed would have equal power to the New York Fed, in terms of how the Fed is run?' 

And his answer was, 'No.' ... 

CONTINUED (WITH VIDEO) AT ...

http://www.pbs.org/moyers/journal/10092009/watch.html  

 

2010

 

ABN AMRO Bank N.V.
02/26/2010 NYS Chartered ABN AMRO Bank N.V.
08/16/2011 Closed

ABN AMRO Bank N.V.
08/09/2010 NYS Chartered ABN AMRO Bank N.V. http://www.dfs.ny.gov/about/hista.txt

http://www.sec.gov/about/laws/wallstreetreform-cpa.pdf   This Act may be cited as the ‘‘Dodd-Frank
Wall Street Reform and Consumer Protection Act’’.

NATIONAL EXPORT INITIATIVE

J.P. Morgan Cazenove becomes a wholly-owned part of J.P. Morgan, having originally operated as a joint venture between J.P. Morgan and the U.K. investment bank Cazenove.     https://www.jpmorgan.com/pages/company-history

In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove, one of Britain's premier investment banks.  https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history  [research results 12-29-2016]
 

 

 

 

 

(above video) Bill Murphy, Chairman of the Gold Anti-Trust Action Committee delivers his testimony about a whistle-blower in the gold price suppression scheme to the Commodity Futures Trading Commission on 3/25/10
 

-- On 6 February 2010 ABN AMRO Bank N.V. (registered with the Dutch Chamber of Commerce under number 33002587) changed its name to The Royal Bank of Scotland N.V. and on 1 April 2010 ABN AMRO Holding N.V. changed its name toRBS Holdings N.V. and all references in the attached document to "ABN AMRO Bank N.V." should be read as references to "The Royal Bank of Scotland N.V." and all references to “ABN AMRO Holding N.V.”, should be read as references to “RBS Holdings N.V.”.

These name changes are not changes to either the legal entity which issued your securities or the guarantor of them and they do not affect any of the terms and conditions of your securities. For further information on The Royal Bank of Scotland N.V. or RBS Holdings N.V., and their financial status please refer to the current Registration Document for RBS Holdings N.V. and The Royal Bank of Scotland N.V., which is available athttp://markets.rbs.com/bparchive/  and to the documents on file at http://www.sec.gov . 

Since 6 February 2010 the name ABN AMRO Bank N.V. has been used by a separate legal entity (registered with the Dutch Chamber of Commerce under number 34334259), this entity became wholly owned by the State of the Netherlands on 1 April 2010.

Neither the new entity named ABN AMRO Bank N.V. nor the State of the Netherlands will, in any way, guarantee or otherwise support the obligations under your securities, issued by The Royal Bank of Scotland N.V. (formerly ABN AMRO Bank N.V.),registered with the Dutch Chamber of Commerce under number 33002587.

--Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law on July 21, 2010 by President Barack Obama. The legislation set out to reshape the U.S. regulatory system in a number of areas including but not limited to consumer protection, trading restrictions, credit ratings, regulation of financial products, corporate governance and disclosure, and transparency. The full text of the Act is available at: http://www.sec.gov/about/laws/wallstreetreform-cpa.pdf.  (Please check the Classification Tables maintained by the US House of Representatives Office of the Law Revision Counsel for updates to any of the laws.) You can find links to all Commission rulemaking and reports issued under the Dodd Frank Act at: http://www.sec.gov/spotlight/dodd-frank.shtml.

--On 1 July 2010 the legal merger between ABN AMRO Bank N.V. (ABN AMRO Bank) and Fortis Bank (Nederland) N.V. (Fortis Bank Nederland) was completed, creating a combined entity called ABN AMRO Bank N.V.  http://www.abnamro.com/en/about-abn-amro/history/index.html

--In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove, one of Britain's premier investment banks.http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history  

fraud action against Goldman, Sachs & Co.

James Patrick (Pat) Rothstein a bond trader who held top jobs at Merrill Lynch, Bear Stearns and UBS

Neil Mccormick   head of Asia Equity derivatives at UBS

Jessica Fashano   Investment Banking Associate at Citi Group.

 David Widlak Chief Financial Officer Community Central Bank Corp.-Widlak, a licensed attorney, also served as an arbitrator for the American Arbitration Association. 

2011

1917-04-25 FIRST NATIONAL CITY BANK OF NEW YORK located at NEW YORK, NY was established as a National Bank. 
1962-01-19 FIRST NATIONAL CITY BANK OF NEW YORK was renamed to FIRST NATIONAL CITY BANK. 
1976-03-01 FIRST NATIONAL CITY BANK was renamed to CITIBANK, N.A. and moved to 5 WALL STREET NEW YORK, NY. 
1978-12-30 CITIBANK, N.A. moved to 55 WALL STREET NEW YORK, NY. 
1990-07-05 CITIBANK, N.A. moved to 399 PARK AVENUE NEW YORK, NY. 
2006-10-01 CITIBANK, N.A. moved to 3900 PARADISE ROAD, SUITE 127 LAS VEGAS, NV. 
2011-07-01 CITIBANK, N.A. moved to 701 EAST 60TH STREET NORTH SIOUX FALLS, SD. 
http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=476810&parDT_END=99991231 

SUBSIDIARIES OF PROLOGIS, INC. AND PROLOGIS, L.P.

ESTABLISHMENT OF THE SELECTUSA INITIATIVE

--J.P. Morgan celebrates the 90th anniversary of the firm's presence in China.   https://www.jpmorgan.com/pages/company-history

-Shearman & Sterling represented Citigroup Global Markets Inc. and RBS Securities Inc. as dealer managers in connection with exchange offers of various series of notes of Prologis, L.P. (formerly AMB Property, L.P.) for certain series of outstanding notes issued by ProLogis, conducted in connection with, and subject to the consummation of, a merger of equals between ProLogis and AMB Property Corporation. The combined company is now known as Prologis, Inc. Concurrently with the exchange offers, Citigroup Global Markets Inc. and RBS Securities Inc. acted as solicitation agents on behalf of the combined company, for the solicitation of consents from the holders of the ProLogis notes to certain proposed amendments to the relevant ProLogis notes indenture. The exchange offers closed on June 8, 2011.

-- On July 5, 2011, BMO Financial Group acquired Marshall & Ilsley Corporation through its subsidiary BMO 
Financial Corp. (formerly Harris Financial Corp.). At the time of the acquisition, certain bank mergers also 
occurred.

- Yes, the U.S. Government Ought to Own the Banks Now

Special Access in Connection with the Division of Enforcement's  [Citigroup]

Proposed Amendment to Regulation CC Regarding Availability of Funds and
Collection of Checks (Docket No. R-1409) - Comments on Check Fraud Liability
http://www.federalreserve.gov/SECRS/2011/June/20110610/R-1409/R-1409_060311_81006_366940476572_1.pdf

---   In the Matter of CREDIT SUISSE ALTERNATIVE CAPITAL, LLC (f/k/a CREDIT SUISSE ALTERNATIVE CAPITAL, INC.), CREDIT SUISSE ASSET MANAGEMENT, LLC , and SAMIR H. BHATT

Markets (along with certain affiliates, "Citigroup")---   securities fraud action against Brian H. Stoker who was an employee of Citigroup Global Markets, Inc. (along with certain affiliates, "Citigroup")

--- The Commission brings this securities fraud action against Citigroup Global Markets (along with certain affiliates, "Citigroup")

 

Maurice J. Spagnoletti    Executive Vice President of Mortgage and Banking Operations at Doral Financial

Irzen Octa    found outside a Citibank branch in Jakarta and died of a brain hemorrhage on the way to hospital.

Brad Griffiths      He co-founded Griffiths McBurney & Partners in 1995, one of the most powerful independent investment banks in Canada. It is now know as GMP Capital Inc. . He left the firm in 1999. He had also been head of mergers and acquisitions at Canadian Imperial Bank of Commerce; vice-president of Gordon Capital Corp.; head of capital markets at Canaccord Capital; and managing director of capital markets at McFarlane Gordon.
More recently, he served as chief financial officer and chairman of the board of directors at United Hunter Oil and Gas Corp., as well as chairman of Griffiths Energy International. 

Timothy McGuigan   a senior vice president at Kansas State Bank

2012

2012: Wells Fargo acquires Merlin Securities
2012: Wells Fargo acquires stake in The Rock Creek Group LP

HSBC Case Study 

HSBC Exposed U.S. Financial System to Money Laundering, Drug, Terrorist Financing Risks

-Jumpstart Our Business Startups Act of 2012

The Jumpstart Our Business Startups Act (the "JOBS Act") was enacted on April 5, 2012. The JOBS Act aims to help businesses raise funds in public capital markets by minimizing regulatory requirements. The full text of the Act is available at: 
http://www.gpo.gov/fdsys/pkg/BILLS-112hr3606enr/pdf/BILLS-112hr3606enr.pdf.

-A Goldman Sachs banker added to the firm’s scarred public profile in a withering resignation letter published in the New York Times, saying Goldman had become a “toxic and destructive” place where managing directors openly referred to their own clients as “muppets.”http://www.thestar.com/business/2012/03/14/goldman_sachs_banker_slams_ripoff_culture_as_he_quits_job.html

---  SEC Charges J.P. Morgan and Credit Suisse With Misleading Investors in RMBS Offerings

Charles Stephen Parker   an assistant manager at a Bank of America branch in nearby Athens

Andrew Breitbart   43, author and publisher, dead   

Michael Marin

Christopher Marks  owned and operated Sweeney Canyon Vineyard since 1981 and was a partner in the Marks Theriot Walston & Co. investment firm in Los Angeles

David Taundi  Banker for Bank of America ,found dead

2013

By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the legal maximum of $250,000 for each ownership category. For more information visit:www.fdic.gov/deposit/deposits/unlimited/expiration.html

Enhanced Prudential Standards and Early Remediation Requirements for Foreign Banking Organizations and Foreign Non-bank Financial Companies 
http://www.federalreserve.gov/SECRS/2013/April/20130425/R-1438/R-1438_041913_111069_466225501262_1.pdf

National Bank and Federal Savings Institution Operating Subsidiary

Meeting between Federal Banking Agency Staffs and Representatives of The Clearing House

2013-10-01 CITIFINANCIAL SERVICES, INC. was renamed 
to CFNA RECEIVABLES (CA), INC.. 
 

CITIGROUP INC. (1951350) acquires CITIGROUP FUNDING INC. (3367236) 2013-01-01 The acquired institution sold its assets to the acquiring institution.

CITIGROUP INC. (1951350) acquires  ASSOCIATED MADISON COMPANIES, INC. (1277881) 2013-11-01 The acquired institution sold its assets to the acquiring institution.

-New York-based Citigroup in August became the first Western bank to issue credit cards in China without co-branding from a local financial institution as the government relaxes restrictions.

--UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549 
FORM S-3 
REGISTRATION STATEMENT 
UNDER 
THE SECURITIES ACT OF 1933 
Citigroup Inc. 
(Exact name of registrant as specified in its charter)

-On 29 September 2013, Morgan Stanley announced a partnership with Longchamp Asset Management, a French-based asset manager that specialises in the distribution of UCITS hedge funds, and La Française AM, a multi-specialist asset manager with a 10-year track record in alternative investments.Citigroup, JPMorgan Chase and Royal Bank of Scotland are the latest global banks confirming that their foreign exchange trading is under investigation.

_________________________________________

British banking giant Barclays, UBS, Switzerland's largest bank, and German banking giant Deutsche Bank previously made similar disclosures to investors about the foreign exchange investigations.

The U.S. Department of Justice confirmed it had "an active, ongoing investigation into possible manipulation of foreign exchange rates" by traders at several banks. Swiss authorities are also investigating. 
http://www.usatoday.com/story/money/business/2013/11/01/rbs-bank-forex-trading-probe/3345513/ 

Makoto Shimomi (Jan) Swiss-based Japanese banker

Nico Lambrechts (Jan)   Investment analyst at Investec Asset Management

David Rossi  (Mar)  The communications director of Italian bank Monte dei Paschi di Siena (MPS)

Wang Shiqiang (April) banker at state-owned China Jianyin Investment

Mohamed Hamwi – System Analyst at Trepp, a financial data and analytics firm, SHOT

Kenneth Bellandro, former JP Morgan

David William Waygood  had been employed by both HSBC and NatWest 

Hussain Ahmad Najadi   founder of AMMB Holdings Bhd. (AMM)

Carsten Schloter  Swisscom CEO[a publicly traded company in which the Swiss government has the majority stake]

Sascha Schornstein – Royal Bank of Scotland [RBS] in its commodity finance

Anne Doss, Head of Wells Fargo Unit , She died on Aug. 14 in her hotel room at the Sofitel    Minneapolis in Bloomington, Minnesota

Moritz Erhardt (Aug)   Interning with investment bank Merrill Lynch

Patrick Sheehan a managing director in Wells Fargo Securities public finance department

Pierre Wauthier    chief financial officer of Zurich Insurance Group AG (ZURN)

Guy Ratovondrahona   Madagascar Central Bank

Ezdehar Husainat – former JP Morgan banker, killed  when her SUV crushed her to death

Michael Burdin  -Bank of America

Venera Minakhmetova  Former Financial Analyst at Bank of America Merrill Lynch 

Susan Hewitt  former vice president of  Deutsche Bank

Benjamin Idim, CAR ACCIDENT

Joseph M. Ambrosio age 34, Financial Analyst at J.P. Morgan 

Robert Wilson, a retired hedge fund founder

Jason Alan Salais age 34, IT Specialist for J.P Morgan Chase 

2014

SEC Enforcement Actions Addressing Misconduct That Led to or Arose From the Financial Crisis
 
Key Statistics (through September 11, 2014 )
 

List of Federal Reserve Member Bankshttps://fraser.stlouisfed.org/docs/historical/federal%20reserve%20history/rboc/rboc_memberbanks_19140527.pdf

Banks of England http://www.bankofengland.co.uk/pra/Documents/authorisations/banklist1405.pdf

Money Managers who own this Issuer’s Securities or Options on them City National Corp

SEC’s FY 2014 Enforcement Actions 

BofA Fined $16.6M for Violating Drug-Trafficking Sanctions

 Losses House Votes To Audit The Fed... And Deregulate Wall Street

European Banks Sued for Indirect Funding of Terror Attacks

Wells Fargo, HSBC Among Banks Sued Over Subprime Securities

HSBC is paying $2 billion, or 5 weeks' worth of its profit, to avoid criminal charges in drug cartel laundering case

The Justice Department agreed to suspend criminal charges against the world's largest bank and its US subsidiary for five years if the bank agreed to pay the penalty. 
http://www.globalpost.com/dispatch/news/regions/americas/united-states/140121/hsbc-paying-2-billion-drug-money-laundering-cartel 
 

Meeting Between Staff of the Federal Reserve Board, the Office of the Comptroller of theCurrency (OCC), the Federal Deposit Insurance Corporation (FDIC),and Citigroup Global Markets Inc. (Citigroup)

February 19, 2014

Participants: David Emmel, Kevin Littler, Dafina Stewart, Jahad Atieh (Federal Reserve
Board)
Tena Alexander, Jill Cetina, Tiffany Eng, Linda Jennings, Patrick Tierney,James Weinberger (OCC)
Kyle Hadley, Eric Schatten, Sue Dawley, Jason Fincke (FDIC)
Jim Johnson, Howard Marsh, Joseph Geraci, Patrick Brett, Peter O’Connor,Sarah Sullivan (Citigroup)

Summary: Staff of the Federal Reserve Board, OCC, and the FDIC met with representatives of Citigroup to discuss the proposed Liquidity Coverage Ratio rule, which would implement the
Basel III liquidity standards in the United States. Meeting participants discussed the proposed rule’s definition of level 2A highly liquid assets and the consequences of omitting municipalsecurities from the definition of highly liquid assets. 
http://www.federalreserve.gov/newsevents/rr-commpublic/citigroup-20140219.pdf

-Meeting Between Staff of the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and Citigroup

May 7, 2014

Participants: David Emmel, Kevin Littler, Adam Trost, April Snyder, Dafina Stewart, and Jahad Atieh (Federal Reserve Board)

Kerrie Corn, Kevin Walsh, and Patrick Tierney, (OCC)
Kyle Hadley, Suzanne Clair, and Sue Dawley (FDIC)
Eric Aboaf and Nora Slatkin (Citigroup)

Summary: Staff of the Federal Reserve Board, the OCC, and the FDIC met with representatives of Citigroup to discuss the proposed Liquidity Coverage Ratio rule, which would implement the Basel III liquidity standards in the United States. Meeting participants discussed the potential consequences of the proposed peak net contractual outflow day. 
http://www.federalreserve.gov/newsevents/rr-commpublic/citigroup-20140507.pdf

 Citigroup Sued in Abu Dhabi  By Investor Over Fund

-Friends Commit Suicide  In The Last Four Years, Associates Say Russian Mafia Orchestrated Their Deaths

 

Elizabeth Warren's Speech (below)

David Bird 55, long-time reporter for the Wall Street Journal working at the Dow Jones news room,   went for a walk on Saturday, January 11, 2014 near his New Jersey home and disappeared without a trace. Mr. Bird was a reporter of the oil and commodity markets which happened to be under investigation by the U.S. Senate Permanent Subcommittee on Investigations for price manipulation.

Tim Dickenson (Jan 26), a U.K.-based communications director at Swiss Re AG

Karl Slym (Jan 27) 51, managing director of India's Tata Motors Ltd    

James Stuart Jr (Feb 19)70, Former National Bank of Commerce CEO was found dead in Scottsdale, Ariz

John Ruiz  (Feb)– Morgan Stanley Municipal Debt Analyst, died suddenly 

Autumn Radtke  (Feb), 28, CEO of a Bitcoin exchange firm First Meta

 William Broeksmit   (Feb), 58, former senior manager for Deutsche Bank. On January 26, former Deutsche Bank executive Broeksmit was found dead at his South Kensington home after police responded to reports of a man found hanging at a house. According to reports, Broeksmit had “close ties to co-chief executive Anshu Jain.” It is important to note that Deutsche Bank is under investigation for reportedly hiding $12 billion in losses during the financial crisis and for potentially rigging the foreign exchange markets. The allegations are similar to the claims the institution settled in 2013 over involvement in rigging the Libor interest rates.

http://wallstreetonparade.com/wp-content/uploads/2014/07/Email-from-William-Broeksmit-to-Anshu-Jain-Released-by-the-U.S.-Senate-Permanent-Subcommittee-on-Investigations.pdf

Richard Talley (Feb), 57, was the founder and CEO of American Title (real estate titles) American Title Services in Centennial, Colorado,

Ryan Henry Crane  (Feb)37,J P Morgan  

last name Li   Li Junjie, (Feb)33,JP Morgan, Hong Kong 

Gabriel Magee  (Jan), 39, age JP Morgan employee Gabriel Magee, senior manager at JP Morgan’s European headquarters, jumped 500ft from the top of the bank’s headquarters in central London on January 27, landing on an adjacent 9 story roof. Gabriel Magee, a Vice President at JPMorgan in London, plunged to his death from the roof of the 33-story European headquarters of JPMorgan in Canary Wharf. Magee was involved in “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives” based on his online Linkedin profile.
It’s important to note that JPMorgan, like Deutsche Bank, is under investigation for its potential 

Mike Dueker  (Jan), 50, who had worked for Russell Investments. Mike Dueker, the chief economist at Russell Investments, fell down a 50 foot embankment in what police described as a suicide. Dueker was reported missing on January 29 by friends.

Edmund (Eddie) Reilly(Feb), 47, Midtown’s Vertical Group, investment banker,  New York

David Taundi   Bank of America

Mohamed Hamwi (March)– System Analyst at Trepp, a financial data and analytics firm

Joseph A. Giampapa (March) – 55, corporate bankruptcy lawyer, JP Morgan Chase 

Jurgen Frick (April)48, the chief executive of the Liechtenstein private bank Bank Frick, CEO Bank Frick & Co AG,

Li Jianhua  (April)49, Non-bank Financial Institutions Supervision Department of the regulator

Benedict Philippens (April), 37,Director/Manager Bank Ans-Saint-Nicolas,BNP Parisbas Fortis Bank, Ans, België murdered alongside his wife and a 9 year old nephew 

Tanji Dewberry (April)– WL Ross investment firm in New York

 
Jan Peter Schmittmann  (April)  57, ABN Amro, former CEO of Deutsche Bank AG risk executive

 Andrew Jarzyk   (April) – Assistant Vice President, Commercial Banking at PNC Financial Services Group

Mahafarid Amir Khosravi a/k/a also known as Amir Mansour Aria , Iran billionaire, executed over $2.6 billion scam

Phubadee Marasa    Diamond Bank

Amir Kess (April) Markstone Capital Partners Group LLC co-manager

 Nigel Sharvin (May)Senior Relationship Manager Ulster Bank manage portfolio of distressed businesses

 Thomas J. Schenkman  (May 7) 42,Managing Director Global Infrastructure JP Morgan   

 Naseem Mubeen  Assistant Vice President of Zarai Taraqiati Bank Limited (ZTBL)

Daniel Leaf   senior manager at the Bank of Scotland before moving to investment firm Saracen Fund Managers (SFM)

Richard Rockefeller, 66, Banker John D. Rockefeller

 Richard P. Gravino  (June 24)49, IT Specialist JP Morgan, Application Team Lead  

Julian Knott   (July 10)JPMorgan Chase employee       

S Krishnamoorthy     Barclays bank in Chennai

 Therese Brouwer , 50, Managing Director ING, Nederland

Tod Robert Edwards  51, Vice President M & T Bank

Melissa Millan   , 54, Senior Vice President Mass Mutual,

Thieu Leenen, 64, Relatiemanager ABN/AMRO, Eindhoven, Nederland

Carlos Six, 61, Hoofd Belastingdienst en lid CREDAF, België

Jan Winkelhuijzen, 75, Commissaris en Fiscalist (voormalig Deloitte), Nederland.

Lewis Katz 76, Amerika, co-owner of The Inquirer, Philadelphia Daily News, and Philly.com

Nicholas Valtz 39, Managing Director Goldman Sachs, New York

Geert Tack 52, Private Banker ING, Haaltert, België

Seth Tobias-CNBC CONTRIBUTER-HEDGE FUND MGR

 Mark Schultz  (Sept)  A small airplane crashed soon after takeoff in western Minnesota, killing a bank executive and his brother, a longtime Medtronic employee

Tod R. Edwards  (Sept)  the Group Vice President for M&T Bank, Lancaster and Harrisburg Offices

Christophe de Margerie    (Oct)    Total’s CEO        

 Calogero "Charlie" Gambino  (Oct 20)  A senior Deutsche Bank regulatory lawyer

 Scott Jeffrey Therriault   BTRE, Executive Director at JP Morgan Chase in 2002, Merrill Lynch, etc.

Jeffrey Schwartz, former ProLogis CEO chairman of the Executive Committee and co-Founder Global Logistic Properties dies,http://media.corporate-ir.net/media_files/IROL/24/240724/Global_Logistic_Properties_Limited_AR_2013.pdf   

Jeffrey H. Schwartz
Chairman of the Executive Committee
Executive Director
Appointed September 24, 2010
Jeffrey H. Schwartz, 54, is Co-Founder of Global Logistic Properties Holdings Limited, Chairman of the Executive Committee, Executive Director and GLP Group’s Deputy Chairman of the Board. Mr. Schwartz was last reelected as a Director at GLP’s Annual General Meeting on 20 July 2011. He also serves as a member of GLP’s Investment Committee. Mr. Schwartz joined ProLogis, a NYSE-listed Fortune 500 company, in 1994, and held various executive roles, rising to Chief Executive Officer in 2005 as well as Chairman of the Board in 2007.
While at ProLogis, Mr. Schwartz spearheaded ProLogis’ entry into the European markets in 1997, and also
established ProLogis’ Asia platform in 2002, initially inJapan and eventually progressing to China and Korea.

Mr. Schwartz serves on the advisory boards of the Guanghua School of Management, Peking University
and Fundacao Dom Cabral, Brazil. Mr. Schwartz is a member of the Board of Trustees of Emory University and
a member of the Real Estate Roundtable, a non-profit  public policy organization. He also sits on the board of
Las Vegas Sands Corp., Sands China Limited and GLP Japan Advisors Inc., the Asset Manager for GLP J-REIT.
Mr. Schwartz graduated from Harvard Business School in 1985 with a Master of Business Administration.
Mr. Schwartz graduated from Emory University in 1981 with a Bachelor of Business Administration. 
http://media.corporate-ir.net/media_files/IROL/24/240724/Global_Logistic_Properties_Limited_AR_2013.pdf

Jeffrey Schwart is in the middle (picture below)

 

Thierry Leyne    a French-Israeli banker and partner of Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund, was found dead

Shawn D. Miller  (Nov), 42, Managing Director Citigroup, New York, 

Johnny Elichaoff

Huibert Boumeester  (Dec 8) 49,A DUTCH financier who went missing after leaving his job at troubled banking group ABN Amro has been found dead with gunshot wounds. 

Staff at Artemis Assets Management, where the missing businessman was appointed to the board following a merger with ABN Amro, said he resigned in March this year citing "personal reasons".

Robert Matthews   Vice Chairman of Commercial Banking and a member of the Citizens Financial Group board of directors 

2015

 STIPULATED FINAL JUDGMENT AND ORDER WITH RESPECT TO
JPMORGAN CHASE BANK, N.A.

STIPULATED FINAL JUDGMENT AND ORDER WITH RESPECT TO WELLS
FARGO BANK, N.A.

The Bureau and the CPD bring this action against Wells Fargo Bank, N.A. (“Wells Fargo”),
JPMorgan Chase Bank, N.A. (“Chase”), Elaine Oliphant Cohen, and Todd Cohen (collectively,
“Defendants”)

 BULLETIN: Advanced Sales: New IRS policy for Rollovers from One Traditional IRA to Another Traditional IRA    

OCC Enforcement Actions and Terminations

http://www.ffiec.gov/nicpubweb/nicweb/OrgHierarchySearchForm.aspx?parID_RSSD=1073757&parDT_END=99991231

https://www2.fdic.gov/idasp/confirmation_outside.asp?inCert1=3510

Omar Meza      AIG NEW executive  

Michael Flanagan  Head of Foreign Exchange Institutional Sales at National Australia Bank.

Chris van Eeghen  head of syndicate and corporate finance markets at ABN Amro Group NV 
 

More than one way to control a Banker :  

 

Igor Artamonov – West Siberian Bank of Sberbank, Daughter found dead

Nick Bagnall – Director at Bank of Tokyo-Mitsubishi, son accidentally killed himself while trying to re-enact a Tudor hanging

Kevin Bespolka – Citi Capital Advisors, Dresdner Bank, Merrill Lynch and Morgan Stanley, Seriously injured and son dead

Robin Clark – RP Martin -Wolf of Shenfield City banker shot, survived

Fang Fang – JP Morgan, China, disgraced

Chris Latham – Bank of America, on trial, Murder for Hire

Hector Sants, Barclays – resigned due to stress and exhaustion, after being told he risked more serious consequences to his health if he continued to work – a remarkable turnaround as the Church reportedly approached him two months later and was told he had made a full recovery.

Robert Wheeler, 49, a Deutsche Bank financial advisor, disgraced

Hector Sants, Barclays – resigned due to stress and exhaustion, after being told he risked more serious consequences to his health if he continued to work – a remarkable turnaround as the Church reportedly approached him two months later and was told he had made a full recovery.

WHAT IS  MAIN PERSON INSURANCE?

The Messes Made by the Elite 

Open Letter From Jan Tetstone

 

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