Banco De Londres Y Río De La Plata
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Banco De Londres Y Río De La Plata
Banco de Londres y Río de la Plata ''(in English, Bank of London and Río de la Plata)'' was a British financial institution, which operated in Buenos Aires from 1862 to 1923. History The financial company ''Banco de Londres, Buenos Ayres y Río de la Plata'' was formed with English capitals in 1862. Its Board of directors was composed of G. W. Drabble, president, E. R. Duffield, managing director, and C. Hemery, as assistant manager. In Buenos Aires the board was chaired by Robert Thurburn and Thomas Hogg, who remained in their positions until about 1900. The banking establishment was located on the corner of Piedad and Calle Reconquista, neighborhood of San Nicolás. This bank came to have branches in Córdoba Province and Rosario, Santa Fe, and also operated in Montevideo, Uruguay. In 1918, the Banco de Londres y Río de la Plata was acquired by Lloyds Bank Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It h ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Economic History Of Argentina
The economic history of Argentina is one of the most studied, owing to the "Argentine paradox." As a country, it had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of literature and diverse analysis on the causes of this decline. Since independence from Spain in 1816, the country has defaulted on its debt nine times; inflation has often risen to the double digits, even as high as 5000%, resulting in several large currency devaluations. Argentina possesses definite comparative advantages in agriculture because the country is endowed with a vast amount of highly fertile land. Between 1860 and 1930, exploitation of the rich land of the pampas strongly pushed economic growth. During the first three decades of the 20th century, Argentina outgrew Canada and Australia in population, total income, and per capita income. By 1913, Argentina was the world's 10th wealthiest state per capita. Beginning in the 1930s, ...
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Defunct Banks Of The United Kingdom
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Defunct Banks Of Argentina
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Banks Established In 1862
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Montevideo, Uruguay
Montevideo () is the Capital city, capital and List of cities in Uruguay, largest city of Uruguay. According to the 2011 census, the city proper has a population of 1,319,108 (about one-third of the country's total population) in an area of . Montevideo is situated on the southern coast of the country, on the northeastern bank of the Río de la Plata. The city was established in 1724 by a Spanish soldier, Bruno Mauricio de Zabala, as a strategic move amidst the Spanish people, Spanish-Portuguese people, Portuguese dispute over the La Plata Basin, platine region. It was also under brief British invasions of the Río de la Plata, British rule in 1807, but eventually the city was retaken by Spanish criollos who defeated the British invasions of the River Plate. Montevideo is the seat of the administrative headquarters of Mercosur and ALADI, Latin America's leading trade blocs, a position that entailed comparisons to the role of Brussels in Europe. The 2019 Mercer's report on qual ...
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Córdoba Province, Argentina
Córdoba () is a province of Argentina, located in the center of the country. Its neighboring provinces are (clockwise from the north) Santiago del Estero, Santa Fe, Buenos Aires, La Pampa, San Luis, La Rioja, and Catamarca. Together with Santa Fe and Entre Ríos, the province is part of the economic and political association known as the Center Region. Córdoba is the second-most populous Argentine province, with 3,308,876 inhabitants,Proyecciones y estimaciones de población 2001-2015 - INDEC - Pág 16.
and the fifth by size, at about . Almost 41% of its inhabitants reside in the capital city, Córdoba, and its surroundings, making it ...
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San Nicolás, Buenos Aires
San Nicolás is one of the neighbourhoods of Buenos Aires, Argentina, sharing most of the city and national government Neighborhood of Buenos Aires with neighboring Montserrat and home to much of the financial sector. It's referred usually as ''El Centro'' ("The Centre"), and the part east of the 9 de Julio Avenue is known as '' Microcentro''. The limits of the neighbourhood are the Córdoba, Callao, Rivadavia, La Rábida Norte and Eduardo Madero Avenues. The district is home to 33,305 inhabitants. History The area was named for the ''San Nicolás'' Parish, consecrated in 1773. Demolished when work on Ninth of July Avenue started, the Obelisk of Buenos Aires now stands in its place. The future Metropolitan Cathedral of Buenos Aires was also built in the San Nicolás area between 1770 and 1822. Prospering following the establishment of the Viceroyalty of the Río de la Plata, Buenos Aires merchants had Boneo's Pier built in 1802, quickly becoming the city's main shipping term ...
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Tomás Hogg
Tomás may refer to: * Tomás (given name) * Tomás (surname) Tomás is a Spanish and Portuguese surname, equivalent of '' Thomas''. It may refer to: * Antonio Tomás (born 1985), professional Spanish footballer * Belarmino Tomás (1892–1950), Asturian trade unionist and socialist politician * Fray Tomá ...
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Bank Of London And South America
The Bank of London and South America Limited (BOLSA; es, Banco de Londres y América del Sur, also known simply as ''Banco de Londres'') was a British bank, which operated in South America between 1923 and 1971. Origins The bank's predecessor was incorporated in England on 27 September 1862 as the London, Buenos Ayres and River Plate Bank (''Banco de Londres, Buenos Ayres y Río de la Plata''), originally to operate in Buenos Aires. The bank soon opened branches elsewhere in Argentina, and it changed its name in 1865 to the London and River Plate Bank (''Banco de Londres y Río de la Plata''). The bank expanded over the years to have operations in Uruguay, Brazil and Chile. In 1918, it was acquired by Lloyds Bank Limited. In 1923, Lloyds Bank brought about a merger with the separately owned London and Brazilian Bank, to prevent the two banks being in direct competition with each other. The merged bank was renamed as the Bank of London and South America (BOLSA). Lloyds retaine ...
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Robert Thurburn
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ...
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