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Equitable Life Insurance Society
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. By 2018, the company had over 15,800 agents licensed by the State of California. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018. History Equitable opened its headquarters at the Equitable Life Building in 1870 in the Financial District of Manhattan, with entrances facing Broadway, Pine Street, and Cedar Street. Aside from Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (Vice President), George W. Ph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innere Stadt
The Innere Stadt (; Central Bavarian: ''Innare Stod'') is the 1st municipal Districts of Vienna, district of Vienna () located in the center of the Austrian capital. The Innere Stadt is the old town of Vienna. Until the city boundaries were expanded in 1850, the Innere Stadt was congruent with the city of Vienna. Traditionally it was divided into four quarters, which were designated after important town gates: ''Stubenviertel'' (northeast), ''Kärntner Viertel'' (southeast), ''Widmerviertel'' (southwest), ''Schottenviertel'' (northwest). The Ringstraße circles the Innere Stadt along the route of the former Defensive wall, city walls. The first district is, with a workforce of 100,745, the largest employment locale in Vienna. This is partially due to tourism, as well as the presence of many corporate headquarters due to the district's central location. Geography Innere Stadt is the central district of Vienna. It borders Leopoldstadt in the northeast, Landstraße in the east, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demutualize
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company, a cash payment, or a mixture of both. Mutualization or mutualisation is the opposite process, wherein a shareholder-owned company is converted into a mutual organization, typically through takeover by an existing mutual organization. Furthermore, re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society. The mutual traditionally raises capital from its customer members in order to provide services to them (for example building societies, where members' savings enable the provision of mortgages to members). It redistributes some profits to its members. By contrast, a joint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Banker
''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ''American Banker'' was published in 1885, though it has been considered a continuation of the earlier ''Thompson's Bank Note Reporter'', a bank note reporter which began publication in 1842. Although often confused with the American Bankers Association or other industry trade groups, ''American Banker'' is unaffiliated with any portion of the banking industry. History ''American Banker'' claims descent from ''Thompson's Bank Note Reporter'', a periodical published by John Thompson. For this reason, ''American Banker''s masthead gives a founding date of 1836, though the best available evidence suggests that Johnson's paper began publication in 1842. During the free banking era, ''Thompson's Bank Reporter'' was the most widely read and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WAEPA
Worldwide Assurance for Employees of Public Agencies, widely known by its abbreviated name WAEPA, is a United States' nonprofit 501(c)(9) VEBA association headquartered in Falls Church, Virginia, that provides life insurance and financial service benefits to federal civilian employees. Before WAEPA, civilian employees had limited life insurance options until the Federal Employees' Group Life Insurance Act of 1954 provided group life insurance by the U.S. Government. WAEPA's insurance products are underwritten by the New York Life Insurance Company. The association has over 46,000 members from every civilian agency of the Federal government. History WAEPA was formed during World War II, when, at the request of U.S. President Franklin D. Roosevelt, U.S. Secretary of the Treasury Henry Morgenthau Jr. contacted life insurance companies throughout the country asking if they would provide a maximum of $10,000 of life coverage for civilian government employees serving in war zones. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equitable Building (Manhattan)
The Equitable Building is an office skyscraper located at 120 Broadway between Pine and Cedar Streets in the Financial District of Lower Manhattan in New York City. The skyscraper was designed by Ernest R. Graham in the neoclassical style, with Peirce Anderson as the architect-in-charge. It is tall, with 38 stories and of floor space. The building's articulation consists of three horizontal sections similar to the components of a column, namely a base, shaft, and capital. The Equitable Building replaced the Equitable Life Building, the previous headquarters of the Equitable Life Insurance Company, which burned down in 1912. Work on the Equitable Building started in 1913 and was completed in 1915. Upon opening, it was the largest office building in the world by floor area. The Equitable Building hosted a variety of tenants and, by the 1920s, was the most valuable building in New York City. The Equitable Life Insurance Company, the building's namesake, occupied a small po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Clay Frick
Henry Clay Frick (December 19, 1849 – December 2, 1919) was an American industrialist, financier, and art patron. He founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company, and played a major role in the formation of the giant U.S. Steel manufacturing concern. He also financed the construction of the Pennsylvania Railroad and the Reading Company, and had extensive real estate holdings in Pittsburgh and throughout the state of Pennsylvania. He later built the historic neoclassical Frick Mansion (now a landmark building in Manhattan), and upon his death donated his extensive collection of old master paintings and fine furniture to create the celebrated Frick Collection and art museum. However, as a founding member of the South Fork Fishing and Hunting Club, he was also in large part responsible for the alterations to the South Fork Dam that caused its failure, leading to the catastrophic Johnstown Flood. His vehement oppositi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Hazen Hyde
James Hazen Hyde (June 6, 1876 — July 26, 1959) was the son of Henry Baldwin Hyde, the founder of The Equitable Life Assurance Society of the United States. James Hazen Hyde was twenty-three in 1899 when he inherited the majority shares in the billion-dollar Equitable Life Assurance Society. Five years later, at the pinnacle of social and financial success, efforts to remove him from The Equitable set in motion the first great Wall Street scandal of the 20th century, which resulted in his resignation from The Equitable and relocation to France. Early life James Hazen Hyde was born in New York City on June 6, 1876. He was the only surviving son of Henry Baldwin Hyde and Annie (née Fitch) Hyde. His older sister was Mary who was married to Sidney Dillon Ripley in 1886. After Ripley's death in 1905, she married banker Charles R. Scott in 1912. He graduated from the Cutler School, and received his degree from Harvard University in 1898. Hyde studied French history, language and lit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Waddel Alexander
James Waddel Alexander (March 13, 1804 – July 31, 1859) was an American Presbyterian minister and theologian who followed in the footsteps of his father, Rev. Archibald Alexander. Early life Alexander was born in 1804 in Louisa County, Virginia, the eldest son of Rev. Archibald Alexander and his wife Janetta Waddel. He was born on the Hopewell estate near present-day Gordonsville at the residence of his maternal grandfather after whom he was named, the blind Presbyterian preacher James Waddel. His younger brothers included William Cowper Alexander (1806–1874), president of the New Jersey State Senate and first president of the Equitable Life Assurance Society, and Joseph Addison Alexander (1809–1860), a biblical scholar. At the time of Alexander's birth, his father was president of Hampden-Sydney College in Virginia. He attended his first schools in Philadelphia after his father was called to serve as minister of the Third Presbyterian Church in 1807. The family then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephansplatz, Vienna
The Stephansplatz is a square at the geographical centre of Vienna. It is named after its most prominent building, the Stephansdom, Vienna's cathedral and one of the tallest churches in the world. Before the 20th century, a row of houses separated Stephansplatz from Stock-im-Eisen-Platz, but since their destruction, the name Stephansplatz started to be used for the wider area covering both. To the west and south, respectively, run the exclusive shopping streets Graben (literally "ditch") and Kärntner Straße ("Kärnten" is the German for Carinthia). Opposite the Stephansdom is the Haas-Haus, a piece of striking modern architecture by Hans Hollein. Although public opinion was originally skeptical about the combination of the mediaeval cathedral and the glass and steel building, it is now considered an example of how old and new architecture can mix harmoniously . Stock im Eisen The ''Stock-im-Eisen'' ("staff in iron") is located at the corner of Kärntner Straße and Grab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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