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Edmond J. Safra
Edmond J. Safra ( ar, ادموند يعقوب صفرا; 6 August 1932 – 3 December 1999) was a Lebanese-Brazilian banker who continued the family tradition of banking in Brazil and Switzerland. He was married to Lily Watkins from 1976 until his death. He died in a fire that attracted wide media interest, and was judicially determined to be due to arson. Biography The Safra family came from Beirut, Lebanon and is of Sephardic Jewish background originally from Lebanon and Aleppo. Edmond's father, Jacob Safra, had opened the J. E. Safra Bank in 1920 in Beirut and in 1929 it became the Banque Jacob E. Safra which in 1956 changed its name to Banque de Credit National S.A.L. (BCN). By the time he was sixteen, Edmond Safra was working at his father's bank in Beirut, engaged in the precious metals and foreign exchange aspects of the business. In 1949, the family moved from Lebanon to Italy, where he worked for a trading company in Milan. When he was 16, he earned $40 million durin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint of Lebanon's Mediterranean coast. Beirut has been inhabited for more than 5,000 years, and was one of Phoenicia's most prominent city states, making it one of the oldest cities in the world (see Berytus). The first historical mention of Beirut is found in the Amarna letters from the New Kingdom of Egypt, which date to the 14th century BC. Beirut is Lebanon's seat of government and plays a central role in the Lebanese economy, with many banks and corporations based in the city. Beirut is an important seaport for the country and region, and rated a Beta + World City by the Globalization and World Cities Research Network. Beirut was severely damaged by the Lebanese Civil War, the 2006 Lebanon War, and the 2020 massive explosion in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chase (bank)
JPMorgan Chase Bank, N.A., Trade name, doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the retail banking, consumer and commercial bank, commercial banking subsidiary of the U.S. Multinational corporation, multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Bank One Corporation in 2004 and in 2008 acquired the deposits and most assets of Washington Mutual. Chase offers more than 5,100 branches and 17,000 Automated teller machine, ATMs nationwide. JPMorgan Chase & Co. has 250,355 employees (as of 2016) and operates in more than 100 countries. JPMorgan Chase & Co. had assets of $3.31 trillion in 2022, which makes it the List of largest banks in the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime minister from 1999 to 2000 and from 2008 to 2012, and as president from 2000 to 2008 and since 2012. Putin worked as a KGB foreign intelligence officer for 16 years, rising to the rank of lieutenant colonel before resigning in 1991 to begin a political career in Saint Petersburg. He moved to Moscow in 1996 to join the administration of president Boris Yeltsin. He briefly served as director of the Federal Security Service (FSB) and secretary of the Security Council of Russia, before being appointed as prime minister in August 1999. After the resignation of Yeltsin, Putin became Acting President of Russia and, less than four months later, was elected outright to his first term as president. He was reelected in 2004. As he was constitutionall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novaya Gazeta
''Novaya Gazeta'' ( rus, Новая газета, t=New Gazette, p=ˈnovəjə ɡɐˈzʲetə) is an independent Russian newspaper known for its critical and investigative coverage of Russian political and social affairs. It is published in Moscow, in regions within Russia, and in some foreign countries. The print edition is published on Mondays, Wednesdays and Fridays; English-language articles on the website are published on a weekly basis in the form of the ''Russia, Explained'' newsletter. Seven ''Novaya Gazeta'' journalists, including Yuri Shchekochikhin, Anna Politkovskaya and Anastasia Baburova, have been murdered since 2000, in connection with their investigations. In October 2021, ''Novaya Gazeta'' editor-in-chief Dmitry Muratov was awarded the Nobel Peace Prize, alongside Maria Ressa, for their safeguarding of freedom of expression in their homelands. In March 2022, during the 2022 Russian invasion of Ukraine, the newspaper suspended publication due to increased go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Central Bank
The Central Bank of the Russian Federation (CBR; ), doing business as the Bank of Russia (russian: Банк России}), is the central bank of the Russian Federation. The bank was established on July 13, 1990. The predecessor of the bank can be traced back to the State Bank of the Russian Empire founded in 1860. The bank is headquartered on Neglinnaya Street in Moscow. Its functions are described in the Constitution of Russia (Article 75) and in federal law. History State Bank of the Russian Empire The decision to create a State Bank of the Russian Empire was made by Emperor Peter III in May 1762, which was modeled on Bank of England and would have the right to issue bank notes. However, due to the coup on 28 June 1762 and the murder of the Czar, the project was not implemented. The outbreak in 1768 of the Russian-Turkish War and deficit of the state budget forced Catherine II, in turn, refer to the idea of issuing a paper money, and in December 1768 she formed th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic National Bank Of New York
Republic New York Corporation was the holding company for Republic National Bank of New York, Safra Republic Holdings, and Safra Republic Bank. The company was controlled by billionaire Edmond Safra, who was killed in a fire in his Monte Carlo penthouse apartment by his nurse Ted Maher. Republic New York Corporation was sold shortly after its chairman's death to HSBC Bank USA, the US subsidiary of HSBC of the UK. Joseph Safra, the brother of Edmond Safra, controlled and owned independently the Safra Group of banks and financial institutions. History 1966: Republic National Bank of New York is founded by Edmond Safra. Safra had previously opened the Trade Development Bank in Geneva, Switzerland, which acquired a 36% stake in Republic. 1973: Republic New York Corporation was established as a one-bank holding company for Republic National Bank. 1974: Acquires Kings Lafayette Bank, which has 18 branches. 1975: Acquires American Swiss Credit Company, Ltd., formerly part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997 Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit and supervisors had to implement a new policy. Both Russia and the countries that exported to it experienced fiscal deficits. The cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergei Magnitsky
Sergei Leonidovich Magnitsky (russian: Сергeй Леонидович Магнитский, ; 8 April 1972 – 16 November 2009) was a Ukrainian-born Russian tax advisor responsible for exposing corruption and misconduct by Russian government officials while representing client Hermitage Capital Management. His arrest in 2008 and subsequent death after eleven months in police custody generated international attention and triggered both official and unofficial inquiries into allegations of fraud, theft and human rights violations in Russia. His posthumous trial was the first in the Russian Federation. Magnitsky alleged there had been large-scale theft from the Russian state, sanctioned and carried out by Russian officials. He was arrested and eventually died in prison seven days before the expiration of the one-year term during which he could be legally held without trial. In total, Magnitsky served 358 days in Moscow's Butyrka prison. He developed gall stones, pancreatiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Browder
William Felix Browder (born April 23, 1964) is an American-born British financier and political activist. He is the CEO and co-founder of Hermitage Capital Management, the investment advisor to the Hermitage Fund, which at one time was the largest foreign portfolio investor in Russia. The Hermitage Fund was founded in partnership with Republic National Bank, with $25 million in seed capital. The fund, and associated accounts, eventually grew to $4.5 billion of assets under management. In 1997, the Hermitage Fund was the best-performing fund in the world, up by 238%. The primary investment strategy of Browder was shareholder rights activism. Browder took on large Russian companies such as Gazprom, Surgutneftegaz, Unified Energy Systems, and Sidanco. In retaliation, on November 13, 2005, Browder was refused entry to Russia, deported to the UK, and declared a threat to Russian national security. Eighteen months after Browder was deported, on June 4, 2007, Hermitage Capital's offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beny Steinmetz
Beny Steinmetz ( he, בני שטיינמץ; born 2 April 1956) is an Israeli businessman and entrepreneur, with a focus in the mining and energy sectors, while being also active in the real estate and diamond-mining industries. Beny Steinmetz is the chairman and co-founder of the philanthropic trust, Agnes & Beny Steinmetz Foundation and is actively involved in the art world in Israel. Early life and family Beny Steinmetz was born in 1956 in Netanya, Israel and is the fourth child of Rubin Steinmetz, a pioneer of the diamond trade. At the age of 21, after serving three years in the military, Steinmetz emigrated from Israel to Belgium, to the famous diamond hub, Antwerp. There he began paving his long and successful career as a businessman and entrepreneur. Today Steinmetz lives in Israel with his wife Agnes and their four children. Steinmetz also holds French citizenship and describes himself as an "international Israeli." Business career Building on the family legacy and workin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hermitage Capital Management
Hermitage Capital Management is an investment fund and asset management company specializing in Russian markets founded by Bill Browder and Edmond Safra. Chief operating officer is Ivan Cherkasov. Hermitage Capital Management headquarters are in Guernsey, it also maintains offices in the Cayman Islands, London and Moscow.Hermitage Capital Management Company Profile LinkedIn Overview. Accessed 2010-04-23. Its main investment fund, the Hermitage Fund created in 1996, was rated as extremely successful after earning 2,697% between 1996 and December 2007. Hermitage describe themselves as an activist fund. Its tactics include the exposur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libération
''Libération'' (), popularly known as ''Libé'' (), is a daily newspaper in France, founded in Paris by Jean-Paul Sartre and Serge July in 1973 in the wake of the protest movements of May 1968. Initially positioned on the far-left of France's political spectrum, the editorial line evolved towards a more centre-left stance at the end of the 1970s. Its editorial stance was centre-left as of 2012. The publication describes its "DNA" as being "liberal libertarian". It aims to act as a common platform for the diverse tendencies within the French Left, with its "compass" being "the defence of freedoms and of minorities". Edouard de Rothschild's acquisition of a 37% capital interest in 2005, and editor Serge July's campaign for the "yes" vote in the referendum establishing a Constitution for Europe the same year, alienated it from a number of its left-wing readers. In its early days, it was noted for its irreverent and humorous style and unorthodox journalistic culture. All employ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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