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Banca Commerciale Italiana Trust Co.
Banca Commerciale Italiana (BCI) established Banca Commerciale Italiana Trust Co. of New York (BCITNY) in 1924 and closed it in 1939, in the run-up to World War II. In 1917 Lodovico Toeplitz, chief of the Foreign Department of BCI, visited New York. In January 1918 BCI established an agency in New York on Broadway. The bank's aim was to finance imports to the US from Italy, to fund acceptance credits, and to gather the deposits of Italian migrants to the US. At the time, BCI was Italy's largest bank, and the main institution financing industry in northern Italy. In 1921 the bank transferred its agency to a building on Williams Street that BCI had bought. In 1913 or 1914, BCI had taken an equity interest in Lincoln Trust Co., of New York. BCI sold its interest in 1922. In 1924, following changes in US regulations, BCI decided to open a US subsidiary, Banca Commerciale Italiana Trust Co. of New York, in order to be able to continue to gather deposits. The president of BCITNY also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Commerciale Italiana
Banca Commerciale Italiana (COMIT), founded in 1894, was once one of the largest banks in Italy. In 1999 it merged with a banking group consisting of Cassa di Risparmio delle Provincie Lombarde (aka Cariplo; est. 1823) and Banco Ambroveneto, which had merged in 1998. The bank group changed the name to Intesa-BCI, which BCI temporary became a sub-holding company. On 1 January 2003, the group's name changed to Banca Intesa. In 2006 Banca Intesa merged with Sanpaolo IMI, based in Turin, Italy, to form Intesa Sanpaolo. History BCI's predecessor was the '' Società Generale di Credito Mobiliare'', founded in 1862. This institution became successful as a lender to the iron and steel industry. However, the Italian banking crisis of 1893–1894, led to Credito Mobiliare's failure. On 10 October 1894 Credito Mobiliare was re-established as a private joint-stock bank under the name Banca Commerciale Italiana with capital from several German and Austrian banks, including S. Bleichröder, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Brooklyn
South Brooklyn is a historic term for a section of the former City of Brooklyn – now the New York City borough of Brooklyn – encompassing what are now the Boerum Hill, Carroll Gardens, Cobble Hill, Gowanus, Park Slope, Windsor Terrace, Sunset Park and Red Hook neighborhoods."Carroll Gardens" in , p.1213"Cobble Hill Historic District Designation Report" (December 30, 1969) It was named for its location along the waterfront that was the southern border of the original [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long Island City
Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City. It is bordered by Astoria to the north; the East River to the west; New Calvary Cemetery in Sunnyside to the east; and Newtown Creek—which separates Queens from Greenpoint, Brooklyn—to the south. Incorporated as a city in 1870, Long Island City was originally the seat of government of the Town of Newtown, before becoming part of the City of Greater New York in 1898. In the early 21st century, Long Island City became known for its rapid and ongoing residential growth and gentrification, its waterfront parks, and its thriving arts community. The area has a high concentration of art galleries, art institutions, and studio space. Long Island City is the eastern terminus of the Queensboro Bridge, the only non-tolled automotive route connecting Queens and Manhattan. Northwest of the bridge are the Queensbridge Houses, a development of the New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Stabile
The Banca Stabile was established in 1885 on the corner of 189 Grand Street and 155 Mulberry Street in Manhattan's Little Italy, New York City, by Francesco Rosario Stabile. As of October 2008 the building became the home of the Italian American Museum (IAM).A March Uptown and a Shrine Downtown for Italian Heritage The New York Times, October 13, 2008 History The bank was founded by Francesco Rosario Stabile (1845-1920)The New York Times, June 16, 1920 who arrived in New York City in 1865 from the province o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturers Hanover Corporation
Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufacturers Hanover Corporation. Charles J. Stewart was the company's first president and chairman. The corporation acquired the former Union Carbide Corporation headquarters at 270 Park Avenue, and though it merged into Chemical Banking Corporation for $1.9 billion in 1991, the successor corporations down to today's J.P. Morgan Chase & Co. have continued to locate their headquarters in that building. History Manufacturers Trust Company Manufacturers Hanover traces its origins to the 1905 founding of Citizens Trust Company of Brooklyn. Through a series of acquisitions, the bank would grow into one of New York's largest banks within its first twenty years. Citizens Trust's first major acquisitions came with its mergers with the Broadwa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of The United States
{{Disambiguation ...
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1924
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1939
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 i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1924 Establishments In New York (state)
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
