Oct. 25 (Bloomberg) -- The late Bloomberg News reporter
Mark Pittman asked the U.S. Treasury in January 2009 to
identify $301 billion of securities owned by Citigroup
Inc. that the government had agreed to guarantee. He
made the request under the federal Freedom of
Information Act on the grounds that taxpayers ought to
know how their money was being used. (JTNote: The
information he requested was never sent to him.)
------------------------------------
" 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.
Barclays business can be
traced back to two Quakers called John Freame and Thomas Gould, who
established themselves as goldsmith bankers in Lombard Street in the
City of London in 1690. Their business flourished, helped in no
small part by its Quaker connections. They financed Quaker traders
in the new colonies in America and the Caribbean, they helped to
finance the Pennsylvania Land Company, and they were actively
involved in Quaker-dominated companies like the London Lead Company
and the Welsh Copper Company.
https://home.barclays/who-we-are/our-history/
1695
Freame
and Gould sold silver to the Royal Mint. They were also the closest
thing the Quakers had to an official banker, holding the Society Of
Friends' central funds (known as the national stock). In 1695, this
amounted to £1,100.
https://home.barclays/who-we-are/our-history/
1723
James was the son of
David Barclay by his first wife, Ann. Following the death of Ann,
David Barclay married Freame’s elder daughter Priscilla in 1723.
This rather complicated state of affairs meant that James Barclay's
stepmother was also his sister-in-law, but is quite typical of the
way the Quakers ran their lives and businesses. Family, religious
and business ties were inextricably linked.
https://home.barclays/who-we-are/our-history/
Note: David Barclay Senior did not become a partner in the bank, his
sons by his second wife (and, therefore, John Freame’s grandsons),
David Barclay the younger and John Barclay did.
1728
In 1728, Freame’s son, Joseph,
became a partner in the bank, and John Freame began a gradual
process of retirement.
1730
Colonial banks were
established in America
1733
James Barclay joined the
firm in 1733, having married Freame’s daughter, Sarah.
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.
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
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
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.
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
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
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.
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.
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
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.
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
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
1850
We were founded in
1850 as a joint stock association and were incorporated in 1965 as a
New York corporation. American Express Company and its principal
operating subsidiary, American Express Travel Related Services
Company, Inc. (TRS), are bank holding companies under the Bank
Holding Company Act of 1956, as amended (the BHC Act), subject to
supervision and examination by the Board of Governors of the Federal
Reserve System (the Federal Reserve).
Our headquarters are located in lower Manhattan, New York, New York.
We also have offices in other locations throughout the world.
During 2016, we principally engaged in businesses comprising four
reportable operating segments: U.S. Consumer Services, International
Consumer and Network Services, Global Commercial Services and Global
Merchant Services. Corporate functions and certain other businesses
are included in Corporate & Other. You can find information
regarding our reportable operating segments, geographic operations
and classes of similar services in Note 25 to our “Consolidated
Financial Statements.” https://www.sec.gov/Archives/edgar/data/4962/000119312517047588/d321397d10k.htm
1852
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
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
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
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
---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
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
---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.
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
President Lincoln shot by an
assassin, April 14; dies a few hours later.
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.
1867
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.
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/
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
---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
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.
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
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
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).
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
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]
1889
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
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
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]
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
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
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
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
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
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
1901
---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
Corporate Profile
Peoples Bancorp Inc. ("Peoples",Nasdaq: PEBO) is a diversified
financial services holding company that makes available a complete
line of banking, trust and investment, insurance, premium financing
and equipment leasing solutions through its subsidiaries. Peoples
has been headquartered in Marietta, Ohio since 1902. Peoples had
$7.3 billion in total assets and 130 locations as of March 31, 2023,
including 113 full-service Peoples Bank branches in Ohio, West
Virginia, Kentucky, Virginia, Washington D.C. and Maryland. On May
1, 2023, Peoples announced that it had completed its acquisition of
Limestone Bancorp, Inc. ("Limestone") (Nasdaq: LMST), effective as
of April 30, 2023. As of March 31, 2023, Limestone had $1.5 billion
in total assets and 20 locations in Kentucky. Peoples' vision is to
be the Best Community Bank in America.
Peoples is a member of the Russell 3000 index of U.S.
publicly-traded companies. Peoples offers services through Peoples
Bank (which includes the divisions of Limestone Bank, Peoples
Investment Services, Peoples Premium Finance and North Star
Leasing), Peoples Insurance Agency, LLC and Vantage Financial LLC.
https://pebo.q4ir.com/corporate-profile/default.aspx
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
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
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
firstmonth 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 andother 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
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.
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
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
CitigroupSUBSIDIARIES OF THE COMPANY
exhibit21-01.htm
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.
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.
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
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
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
Frank Russell's brother Fred Lee Russell found dead in his car ...www.newspapers.com
› ... › 1929 › Jan › 31 › Page 6
Clipping found in The Daily Independent in Murphysboro, Illinois on
Jan 31, 1929. Frank Russell's brother Fred Lee Russell found dead in
his car. ...
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 organisation. 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
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
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
1. Morgan Stanley & Co.-
It is not coincidental that JPMorgan and Morgan Stanley share the
‘Morgan’ name. The firm today known as Morgan Stanley was founded in
1935, essentially as a spin-off from the original JPMorgan. This
came about following the passage of the Glass-Steagal Act in 1933,
which prohibited firms from conducting investment banking business
under the same roof as commercial and consumer banking business.
Therefore, Henry S. Morgan (grandson of J. Pierpont Morgan, founder
of the eponymous firm) joined together with Harold Stanley and
select other partners to found Morgan Stanley as an investment
banking concern. Since Morgan Stanley’s founding, it has evolved
entirely independently of the latter day JPMorgan Chase Co.
Chase Bank is also part of the picture - but represents just one
thread of an almost impenetrably complex web of bank mergers and
acquisitions over the last century and more.
Chase Bank was formed from the merger of Chase National Bank and The
Manhattan Company in 1955, originally becoming Chase Manhattan Bank.
In 1996, Chemical Bank (then the 3rd largest bank in the United
States by assets) acquired Chase Manhattan (retiring the ‘Chemical’
name in the process), before merging in 2000 with JPMorgan & Co. to
form today’s JPMorgan Chase Co.
Clear so far?
If you want to take a further trip down the rabbit hole of banking
history (and, truly, it’s quite interesting if you like that sort of
thing) you might look up yet another banking concern to bear the
Morgan name: Morgan, Grenfell & Co. Part of the modern day Deutsche
Bank, the ‘Morgan’ in this instance refers to Junius Spencer Morgan
(father of J.P.)
https://www.quora.com/Are-JP-Morgan-Morgan-Stanley-and-Chase-Bank-all-related
You Will Fall Like Over Ripe Fruit into our Hands [video
below]
-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
We were founded in
1850 as a joint stock association and were incorporated in 1965 as a
New York corporation. American Express Company and its principal
operating subsidiary, American Express Travel Related Services
Company, Inc. (TRS), are bank holding companies under the Bank
Holding Company Act of 1956, as amended (the BHC Act), subject to
supervision and examination by the Board of Governors of the Federal
Reserve System (the Federal Reserve).
Our headquarters are located in lower Manhattan, New York, New York.
We also have offices in other locations throughout the world.
During 2016, we principally engaged in businesses comprising four
reportable operating segments: U.S. Consumer Services, International
Consumer and Network Services, Global Commercial Services and Global
Merchant Services. Corporate functions and certain other businesses
are included in Corporate & Other. You can find information
regarding our reportable operating segments, geographic operations
and classes of similar services in Note 25 to our “Consolidated
Financial Statements.” https://www.sec.gov/Archives/edgar/data/4962/000119312517047588/d321397d10k.htm
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
JPMorgan Chase
& Co. ("JPMorgan Chase" or the "Firm", NYSE: JPM), a financial
holding company incorporated under Delaware law in 1968, is a
leading financial services firm based in the United States of
America ("U.S."), with operations worldwide. JPMorgan Chase had $3.7
trillion in assets and $292.3 billion in stockholders' equity as of
December 31, 2022. The Firm is a leader in investment banking,
financial services for consumers and small businesses, commercial
banking, financial transaction processing and asset management.
Under the J.P. Morgan and Chase brands, the Firm serves millions of
customers, predominantly in the U.S., and many of the world's most
prominent corporate, institutional and government clients globally.
JPMorgan Chase's principal bank subsidiary is JPMorgan Chase Bank,
National Association ("JPMorgan Chase Bank, N.A."), a national
banking association with U.S. branches in 48 states and Washington,
D.C.
https://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&dcn=0000019617-23-000063&nav=1&src=Yahoo
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
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
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
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
Roberto
Calvi
Italian banker found hanging from a London bridge
---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]
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.
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
NEW
MAY 1 4 1993
Our Ref. No. 93-117-CC
Kidder Peabody
RESPONSE OF THE OFFICE OF CHIEF COUNSEL Investment Trust
DIVISION OF INVESTMENT MAAGEMENT File No. 811-6292
We would not recommend any enforcement action to the
commission under section 12 (d) (3) of the Investment Company Act
of 1940 (the "1940 Act") if Kidder, Peabody Asset Allocation Fund
(the "Fund"), a series of Kidder, Peabody Investment Trust, a
registered investment company, purchases common stock of General
Electric Company ("GE") as described in your letter..l Our
posi tion is based on the facts and representations stated in your
letter, and your representation that Kidder Peabody's revenues
amounted to 7.05% of GE' s consolidated revenues in 1992, 6.13% in
1991, and 5.6% in 1990. Z/ You should note that different facts
or representations may require a different conclusion. Moreover,
this response expresses the Division's position on enforcement
action only and does not purport to express any legal conclusions
on the questions presented.
Kevin M. £roadwater
Attorney
.l See Dreyfus Index Fund (pub. avail. Mar. 31, 1992); IBM
Mutual Funds, Inc. (pub. avail. May 18, 1990).
Z/ Telephone conversation between Jon S. Rand and Kevin M.
Broadwater, dated May 7, 1993.
..........................
Kidder, Peabody, a broker-dealer registered under the
Securities Exchange Act of 1934 (the "Exchange Act"), serves as
the distributor of the Fund' s shares. Kidder Peabody Asset
Management, Inc. ("KPAM"), a wholly-owned SUbsidiary of Kidder,
Peabody, serves as the Fund' s manager and investment adviser
and is a registered investment adviser under the' Investment
Advisers Act of 1940, as amended. General Electric Capital
Services, Inc., a wholly-owned subsidiary of GE, owns all of
the outstanding stock of Kidder, Peabody Group Inc., the parent
company of Kidder, Peabody.
https://www.sec.gov/divisions/investment/noaction/1993/kidderpeabody051493.pdf
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
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
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
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.
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
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
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
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
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
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
----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
---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.
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.
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.
Andrei
Kozlov (Sept)
a Central Bank official who
oversaw efforts to clean up the Russia's murky banking industry,murdered.
2007
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
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
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
-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.
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
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
-ProLogisto
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.
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.)
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).
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
(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 at
http://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
David
Widlak Chief Financial Officer
Community Central Bank Corp.-Widlak, a licensed
attorney, also served as an arbitrator for the American
Arbitration Association.
-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.
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")
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.
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.
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
2013-10-01 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.
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.
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
-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
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.
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
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
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
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 in Japan 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,
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
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
AGREEMENT AND PLAN OF
MERGER
AGREEMENT AND PLAN OF MERGER, dated as of May 30, 2021 (this
“Agreement”), by and between Old National Bancorp, an Indiana
corporation (“Old National”), and First Midwest Bancorp, Inc., a
Delaware corporation (“First Midwest”). ... 3.7 Broker’s Fees. With
the exception of the engagement of J.P. Morgan Securities LLC (“J.P.
Morgan”), neither First Midwest nor any First Midwest Subsidiary nor
any of their respective officers or directors has employed any
broker, finder or financial advisor or incurred any liability for
any broker’s fees, commissions or finder’s fees in connection with
the Merger or related transactions contemplated by this Agreement.
First Midwest has disclosed to Old National as of the date hereof
the aggregate fees provided for in connection with the engagement by
First Midwest of J.P. Morgan related to the Merger and the other
transactions contemplated hereby.
https://www.sec.gov/Archives/edgar/data/707179/000114036121025780/nt10025327x22_424b3.htm
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.
