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Banco Atlántico
In 2003 Banco Atlántico became part of the Banco Sabadell Group. History *1901: Shortly after Cuba achieved its independence from Spain, José and Francisco Nonell y Feliu, who had been running a Cambio in Cuba since 1885, moved their business to Barcelona. There they joined with local merchants to found a bank, ''Nonell, Rovira y Matas'', to facilitate the investment in local securities of money that Catalans were repatriating from Cuba. *1917: The bank changed its name to ''Nonell Hermanos''. *1920s: The bank's name became ''Banca Nonell''. *1946: Claudio Güell y Churruca, Count of Ruiseñada, took over the bank and renamed it Banco Atlántico. *1961: Güell's descendants sold their shares to a new group of investors. *At some point Continental Illinois Bank owned part of Banco Atlántico, but eventually Rumasa, a holding company owned by José María Ruiz Mateos, came to own the bank. *1975: Banco Atlántico established an agency in New York that it closed in 2001. *1983 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rumasa
José María Ruiz-Mateos Sociedad Anónima (Rumasa) was a holding company founded by Spanish entrepreneur José María Ruiz Mateos and expropriated by the Spanish government on February 23, 1983. In 1982 Rumasa constituted 2% of the Spanish GDP The 700 different businesses with 65000 employees forming the holding, from banks to hotels, were partitioned and reprivatizated. Ruiz Mateos fled the country days after the expropriation and was later jailed in Spain. The expropriation was ruled constitutional by the |
Banks Established In 1901
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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Barcelona
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
