Cathay United Bank
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Cathay United Bank
Cathay United Bank () is one of the largest commercial banks in Taiwan, with a capital value of TW$67 billion (approximately US$2.23 billion) and more than 165 branches located throughout Taiwan. It is part of Cathay Financial Holdings. History Cathay United Bank was formerly the United World Chinese Commercial Bank (UWCCB; Chinese: 世華聯合商業銀行), which was founded in 1975. In 2003, UWCCB was merged with the former Cathay Commercial Bank, a wholly owned subsidiary of Cathay Financial Holding Company; UWCCB was the surviving bank but the merged bank was renamed to Cathay United Bank. In September 2012 Cathay United Bank with the National Bank of Cambodia's approval, acquired a 70% stake in Singapore Banking Corporation (SBC). SBC was founded in 1993 and has 6 branches and 10 exchange offices in Cambodia. A year later in September 2013, Cathay United Bank reached an agreement with the remaining shareholders of SBC to acquire the remaining 30% shares. In January 2014, t ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Scotiabank
The Bank of Nova Scotia (french: link=no, Banque de Nouvelle-Écosse), operating as Scotiabank (french: link=no, Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third largest Canadian bank by deposits and market capitalization. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 92,001 employees and assets of Can$1,136 billion (according to 2020 annual report), Scotiabank trades on the Toronto () and New York () exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed itself as "Canada's most international bank" due to its acquisitions primaril ...
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Banks Established In 1975
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 ...
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1975 Establishments In Taiwan
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe. Events January * January 1 - Watergate scandal (United States): John N. Mitchell, H. R. Haldeman and John Ehrlichman are found guilty of the Watergate cover-up. * January 2 ** The Federal Rules of Evidence are approved by the United States Congress. ** Bangladesh revolutionary leader Siraj Sikder is killed by police while in custody. ** A bomb blast at Samastipur, Bihar, India, fatally wounds Lalit Narayan Mishra, Minister of Railways. * January 5 – Tasman Bridge disaster: The Tasman Bridge in Hobart, Tasmania, Australia, is struck by the bulk ore carrier , killing 12 people. * January 7 – OPEC agrees to raise crude oil prices by 10%. * January 10–February 9 – The flight of ''Soyuz 17'' with the crew of Georgy Grechko and Aleksei Gubarev aboard the ''Salyut 4'' space station. * January 15 – Alvor Agreement: Portugal an ...
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List Of Companies Of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both the World Trade Organization and the Asia-Pacific Economic Cooperation. The 21st-largest economy in the world, its high-tech industry plays a key role in the global economy. Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2019. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. ...
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Economy Of Taiwan
The economy of Taiwan is a highly developed market economy. It is the 8th largest in Asia and 18th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. It is gauged in the high-income economies group by the World Bank. Taiwan is one of the most technologically advanced computer microchip makers in the world. History Taiwan has transformed itself from a recipient of U.S. aid in the 1950s and early 1960s to an aid donor and major foreign investor, with investments primarily centered in Asia. Private Taiwanese investment in mainland China is estimated to total in excess of US$150 billion, and official tallies cite Taiwan as having invested a comparable amount in Southeast Asia. : during the early Qing Dynasty, the preceding Ming dynasty supporters survived for a brief period of time in exile in Taiwan, and in 1949, as the Chinese Communist Party gained control of mainland Chin ...
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List Of Banks In Taiwan
This is a list of banks in Taiwan, including the government-owned banks of the Taiwan. Central Bank * Central Bank of the Republic of China (Taiwan) Governmental institutions Existing National Institutions * Agricultural Bank of Taiwan * Export–Import Bank of the Republic of China Postal Savings Bank *Chunghwa Post Taiwan-based banks * Bank of Taiwan *Land Bank of Taiwan *Taiwan Cooperative Bank * * Hua Nan Commercial Bank *Chang Hwa Bank *Citibank Taiwan *Shanghai Commercial and Savings Bank * Taipei Fubon Bank * Taipei Star Bank * Cathay United Bank * Bank of Kaohsiung *Mega International Commercial Bank * O-Bank *Taiwan Business Bank *Standard Chartered Bank (Taiwan) * Taichung Bank * King's Town Bank *HSBC Bank (Taiwan) * Hwatai Bank * Taiwan Shin Kong Commercial Bank *Sunny Bank * Bank of Panshin * COTA Commercial Bank * Union Bank of Taiwan * Far Eastern international Bank * Yuanta Bank *Bank SinoPac * E.SUN Commercial Bank * KGI Bank *DBS Bank (Taiwan) * Taishi ...
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Cathay Financial Center 20120712
Cathay (; ) is a historical name for China that was used in Europe. During the early modern period, the term ''Cathay'' initially evolved as a term referring to what is now Northern China, completely separate and distinct from China, which was a reference to southern China. As knowledge of East Asia increased, Cathay came to be seen as the same polity as China as a whole. The term ''Cathay'' became a poetic name for China. The name ''Cathay'' originates from the word '' Khitan'', a name of a para-Mongolic nomadic people who ruled the Liao dynasty in northern China from 916 to 1125, and who later migrated west after they were overthrown by the Jin dynasty to form the Qara Khitai (Western Liao dynasty) for another century thereafter. Originally, this name was the name applied by Central and Western Asians and Europeans to northern China; the name was also used in Marco Polo's book on his travels in Yuan dynasty China (he referred to southern China as '' Mangi''). Odoric o ...
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Tahir (Indonesian Businessman)
Dato' Sri Ang Tjoen Ming (born 26 March 1952), commonly known as Tahir, is an Indonesian billionaire, and a banking and property magnate. He is the founder of the Mayapada Group. On 13 December 2019, President Joko Widodo appointed Tahir to the Presidential Advisory Council. Early life and education Tahir was born in Surabaya, East Java, in 1952, in a slum area. He was raised by his parents who made a living by constructing pedicabs, known as '' becak''. In 1971, he graduated from Petra Kalianyar Christian High School in Surabaya. Tahir wanted to be a medical doctor, but when his father fell sick and could not afford his medical school tuition, Tahir dropped out of college to focus on helping with his father's business. He received a scholarship from Nanyang Technological Institute (now Nanyang Technological University) in Singapore, earning a Bachelor of Arts/Science. At the age of 35, he went to Golden Gate University in California and completed his Master's degree in f ...
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Taipei, Taiwan
Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the northern port city of Keelung. Most of the city rests on the Taipei Basin, an ancient lakebed. The basin is bounded by the relatively narrow valleys of the Keelung and Xindian rivers, which join to form the Tamsui River along the city's western border. The city of Taipei is home to an estimated population of 2,646,204 (2019), forming the core part of the Taipei–Keelung metropolitan area, which includes the nearby cities of New Taipei and Keelung with a population of 7,047,559, the 40th most-populous urban area in the world—roughly one-third of Taiwanese citizens live in the metro district. The name "Taipei" can refer either to the whole metropolitan area or just the city itself. Taipei has been the seat of the ROC central govern ...
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2016 Bangladesh Bank Heist
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to Bangladesh Bank, the central bank of Bangladesh. Five of the thirty-five fraudulent instructions were successful in transferring US$101 million, with US$20 million traced to Sri Lanka and US$81 million to the Philippines. The Federal Reserve Bank of New York blocked the remaining thirty transactions, amounting to US$850 million, due to suspicions raised by a misspelled instruction. All the money transferred to Sri Lanka has since been recovered. However, as of 2018 only around US$18 million of the US$81 million transferred to the Philippines has been recovered. Most of the money transferred to the Philippines went to four personal accounts, held by ...
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Alfonso Yuchengco
Alfonso Yuchengco (; February 6, 1923 – April 15, 2017) was a Filipino accountant, industrialist, businessman, educator, and diplomat. He headed the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the Philippines. He also served as chairman of business and educational institutions including the Rizal Commercial Banking Corporation one of the country's largest commercial banks, Mapúa University, and the Malayan School and Colleges located in Makati, Paco, Davao and Laguna. Business interests Yuchengco was the Chairman of the Yuchengco Group of Companies, and concurrently the Chairman of the Board of MICO Equities, Inc. (holding company of the Malayan Group of Insurance Companies); Pan Malayan Management and Investment Corporation; Mapúa Institute of Technology; Nippon Life Insurance Company; and the Rizal Commercial Banking Corporation.Chairman's profile, Yuchengco Group of Companies. 2006. He had been the Chairman of the Board of Di ...
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