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Astor Trust Company
The Astor Trust Company was a historic American banking organization. The firm merged with Bankers Trust in 1917. History The Astor National Bank of New York was authorized to begin business on February 9, 1898, with initial capital of $300,000. John Jacob Astor IV was the first depositor when the bank opened on February 14, 1898, with George Fisher Baker as president and Charles F. Bevins as cashier. The first days deposits totaled $700,000. The Bank was located in the Astor Court Building, adjoining the Waldorf-Astoria Hotel, at 34th Street and Astor Court (just west of Fifth Avenue). It was rumored that Jack Astor was "interested in the company and might be active in its management." In 1899, Sixth National Bank (which was founded in 1864), of which Alexander Henry Stevens was then president, consolidated with the Astor National Bank. Stevens then became a vice-president of Astor National Bank, serving in that role until his death in 1916. By 1900, the Bank had $350,000 ...
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Bankers Trust
Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003. History In 1903 a group of New York national banks formed trust company Bankers Trust to provide trust services to customers of state and national banks throughout the country on the premise that it would not lure commercial bank customers away. In addition to offering the usual trust and commercial banking functions, it also acted as a "bankers' bank" by holding the reserves of other banks and trust companies and loaning them money when they needed additional reserves due to unexpected withdrawals. Bankers Trust Company was incorporated on March 24, 1903, with an initial capital of $1.5 million. Despite technically having numerous stockholders, the voting power was held by three associates of J.P. Morgan. Thus, it was w ...
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Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping streets in the world. Fifth Avenue carries two-way traffic from 142nd to 135th Street and carries one-way traffic southbound for the remainder of its route. The entire street used to carry two-way traffic until 1966. From 124th to 120th Street, Fifth Avenue is cut off by Marcus Garvey Park, with southbound traffic diverted around the park via Mount Morris Park West. Most of the avenue has a bus lane, though not a bike lane. Fifth Avenue is the traditional route for many celebratory parades in New York City, and is closed on several Sundays per year. Fifth Avenue was originally only a narrower thoroughfare but the section south of Central Park was widened in 1908. The midtown blocks between 34th and 59th Streets were largely a resid ...
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42nd Street (Manhattan)
42nd Street is a major crosstown street in the New York City borough of Manhattan, spanning the entire breadth of Midtown Manhattan, from Turtle Bay at the East River, to Hell's Kitchen at the Hudson River on the West Side. The street hosts some of New York's best known landmarks, including (from east to west) the headquarters of the United Nations, the Chrysler Building, Grand Central Terminal, the New York Public Library Main Branch, Times Square, and the Port Authority Bus Terminal. The street is known for its theaters, especially near the intersection with Broadway at Times Square, and as such is also the name of the region of the theater district (and, at times, the red-light district) near that intersection. History Early history During the American Revolutionary War, a cornfield near 42nd Street and Fifth Avenue was where General George Washington angrily attempted to rally his troops after the British landing at Kip's Bay, which scattered many of the ...
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New York City 013 - Astor Trust Building
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefro ...
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Astor Trust Co
Astor may refer to: People * Astor (surname) * Astor family, a wealthy 18th-century American family who became prominent in 20th-century British politics * Astor Bennett, a character in the Showtime television series ''Dexter'' * Ástor Piazzolla, a tango musician Places * Astore (other), also spelt ''Astor'', several places in northern Pakistan * Astor, Florida, United States * Astor, Kansas, United States * Astor, West Virginia, United States * The Astor Theatre, a picture theatre located in St Kilda, Victoria, Australia Buildings and locations * Astor Court, located in The Metropolitan Museum of Art in New York City, is a re-creation of a Ming Dynasty-style, Chinese-garden courtyard. * Astor Court Building, an apartment building on the Upper West Side of Manhattan, built in 1916. * Astor Place (Manhattan), a place leading to Broadway in New York City * Astor Row, the name given to 130th Street between Fifth Avenue and Lenox in Harlem Other uses * Astor Pictures, a ...
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State Street Corporation
State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.9 trillion under management and US$43.3 trillion under custody and administration. It is the largest custodian bank in the world, providing securities services and it is considered a systemically important bank by the Financial Stability Board. Along with BlackRock and Vanguard, State Street is considered to be one of the Big Three index fund managers that dominate corporate America. The company is ranked 316th on the Fortune 500 as of 2022. The company is on the list of the banks that are too big to fail published by the Financial Stability Board ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the List of largest banks, 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the List of banks in Germany, largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in ...
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Alex
Alex is a given name. It can refer to a shortened version of Alexander, Alexandra, Alexis. People Multiple *Alex Brown (other), multiple people *Alex Gordon (other), multiple people *Alex Harris (other), multiple people *Alex Jones (other), multiple people *Alexander Johnson (other), multiple people *Alex Taylor (other), multiple people Politicians * Alex Allan (born 1951), British diplomat * Alex Attwood (born 1959), Northern Irish politician *Alex Kushnir (born 1978), Israeli politician * Alex Salmond (born 1954), Scottish politician, former First Minister of Scotland Baseball players *Alex Avila (born 1987), American baseball player *Alex Bregman (born 1994), American baseball player * Alex Gardner (baseball) (1861–1921), Canadian baseball player * Alex Katz (baseball) (born 1994), American baseball player * Alex Pompez (1890–1974), American executive in Negro league baseball and Major League Baseball scout * Alex ...
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Seward Prosser
Seward Prosser (March 1, 1871 – October 1, 1942) was an American banker and philanthropist who served as the head of Bankers Trust. Early life Prosser was born in Buffalo, New York on March 1, 1871. He was a son of Henry Wilbur Prosser and Anna ( née Fay) Prosser. Among his siblings was Mason Fay Prosser, an attorney in Honolulu, Hawaii. His family later moved to Brooklyn, where he was educated in the public schools before attending the Englewood School for Boys in Englewood, New Jersey. Career Prosser began his career with Equitable Life Assurance Society of the United States. He later became a member Prosser & Homans, representing Equitable Life. From 1907 to 1912, he served as vice president of the Astor Trust Company. Beginning in 1912, he served as president Liberty National Bank until 1914 when he became president of Bankers Trust.
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Greenwood Publishing Group
Greenwood Publishing Group, Inc. (GPG), also known as ABC-Clio/Greenwood (stylized ABC-CLIO/Greenwood), is an educational and academic publisher (middle school through university level) which is today part of ABC-Clio. Established in 1967 as Greenwood Press, Inc. and based in Westport, Connecticut, GPG publishes reference works under its Greenwood Press imprint, and scholarly, professional, and general interest books under its related imprint, Praeger Publishers (). Also part of GPG is Libraries Unlimited, which publishes professional works for librarians and teachers. History 1967–1999 The company was founded as Greenwood Press, Inc. in 1967 by Harold Mason, a librarian and antiquarian bookseller, and Harold Schwartz who had a background in trade publishing. Based in Greenwood, New York, the company initially focused on reprinting out-of-print works, particularly titles listed in the American Library Association's first edition of ''Books for College Libraries'' (1967), un ...
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Samuel Untermyer
Samuel J. Untermyer (March 6, 1858 – March 16, 1940) was a prominent American lawyer and civic leader. He is also remembered for bequeathing his Yonkers, New York estate, now known as Untermyer Park, to the people of New York State. Life Samuel Untermyer was born in Lynchburg, Virginia to Isadore Untermyer and Therese Laudauer, both of whom were German Jews who emigrated to the United States from Bavaria. His father, a planter, served as a lieutenant in the Confederate States Army. Following his death in 1866, the family moved to New York City. He began his higher education at the City College of New York before receiving his LL.B. from Columbia University in 1878. Following his admission to the bar, Untermyer started practicing in New York City. His younger brother, Maurice Untermyer, was later admitted, while he also recruited Columbia classmate Louis Marshall to join the firm in 1895. They, with Randolph Guggenheimer and his descendants, practiced as Guggenheimer, U ...
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Pujo Committee
The Pujo Committee was a United States congressional subcommittee in 1912–1913 that was formed to investigate the so-called "money trust", a community of Wall Street bankers and financiers that exerted powerful control over the nation's finances. After a resolution introduced by congressman Charles Lindbergh Sr. for a probe on Wall Street power, congressman Arsène Pujo of Louisiana was authorized to form a subcommittee of the House Committee on Banking and Currency. In 1913–1914, the findings inspired public support for ratification of the Sixteenth Amendment that authorized a federal income tax, passage of the Federal Reserve Act, and passage of the Clayton Antitrust Act. Background and overview Beginning in the late 1800s, a concern regarding the power of bankers and monopolies began to grow. This led to a breaking point in July 1911, when Congressman Charles August Lindbergh asserted that a banking trust existed within the United States and that it should be investi ...
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