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G. Kennedy Thompson
G. Kennedy Thompson, also known as Ken Thompson, (born November 25, 1950) is an American banker and businessman who was chairman, president, and CEO of Wachovia Corporation, formerly First Union Corporation, from 2000 through 2008. During his leadership, Wachovia grew to become the nation's fourth largest bank. Early life Thompson was born in Clarksville, Virginia and was raised in Rocky Mount, North Carolina. He was the son of Stacy Kennedy and Maynard Thompson, the manager of a textile factory. He attended the University of North Carolina at Chapel Hill, where he was a Morehead Scholar and a member of Beta Theta Pi fraternity. He graduated with B.A. in American Studies in 1973. He also received an MBA from Wake Forest University in 1975. Career Starting in 1976, Thompson had a variety of positions at First Union, including manager of the New York loans office, senior vice president of human resources, vice president of Global Capital Markets, president of First Union-F ...
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Clarksville, Virginia
Clarksville is a town in Mecklenburg county in the U.S. state of Virginia, near the southern border of the commonwealth. The population was 1,139 at the 2010 census. Since the town has numerous buildings of the 18th-, 19th-, and early 20th-century architecture, the downtown area of Clarksville has been designated a Historic District on the National Register of Historic Places and Virginia's Historic Register. Clarksville claims the title of Virginia's only Lakeside town.
Virginia's only Lakeside Town.
Nearby the town of Clarksville is Occoneechee State Park. The town is located on , which is also known as ...
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Wells Fargo
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank which designates its Sioux Falls, South Dakota site as its main office. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the " Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands. Wells Fargo, in its present form, is a resu ...
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Advantage Carolina
Advantage may refer to: * Advantage (debate), an argument structure in competitive debate * Mechanical advantage, in engineering, the ratio of output force to input force on a system * Advantage of terrain, in military use, a superiority in elevation over an opposing force * Advantage (cryptography), a measure of the effectiveness of an enemy's code-breaking effort Sport * Advantage, in tennis terminology, when one player needs one more point to win the game * Advantage in football and rugby; decision made by officials in a game ''not'' to stop play after a rule infringement, because the opposing side has a better position if play continues normally. See, for example, entries in glossaries of association football, rugby union, and rugby league terms Arts and entertainment * ''Advantage'' (film), a 1977 Bulgarian film *''The Advantage : Why Organizational Health Trumps Everything Else in Business'', book by Patrick Lencioni Music * ''Advantage'' (album), a 1983 post-punk alb ...
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Hewlett-Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses ( SMBs), and large enterprises, including customers in the government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of 'Silicon Valley'". The company won its first big contract in 1938 to provide test and measurement instruments for Walt Disney's production of the animated film ''Fantasia'', which allowed Hewlett and Packard to formally es ...
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Bank Of North Carolina
BNC Bank was a bank based in High Point, North Carolina, United States. In 2014 its parent company BNC Bancorp () had $4.05 billion in assets, 38 branches in North Carolina and 13 in South Carolina. Its latest acquisition gave BNC $6.8 billion in assets and 87 branches, 48 in North Carolina, 29 in South Carolina nine in Virginia, and one in Haiti. Pinnacle Financial Partners Inc. of Nashville, Tennessee took over BNC Bancorp as of June 16, 2017 with BNC branches changing to Pinnacle on September 25, 2017. History The bank opened in Thomasville, North Carolina on December 3, 1991 (as Bank of North Carolina) in a temporary location in a trailer, moving to its permanent home in Fall 1992. On December 29, 2001, the Bank of North Carolina and Kernersville-based Independence Bank announced their merger. Bank of North Carolina had $211 million in assets and $171 million in deposits, and Independence Bank had assets of $59 million and deposits of $52 million. On August 1, 2003, BNC ...
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Pinnacle Financial Partners
Pinnacle Financial Partners is an American bank headquartered in Nashville, Tennessee operating in Tennessee, as well as North Carolina, South Carolina, Virginia, Georgia, and Alabama. History The company was founded on February 20, 2000, by twelve Nashville businessmen who wished to create a locally-owned financial firm. In May 2002 the company went public on the NASDAQ with the symbol PNFP. Pinnacle gained naming rights for a new skyscraper in Downtown Nashville, The Pinnacle at Symphony Place, and the company leased in the building, moving in during 2010. On January 22, 2017, Pinnacle announced it was acquiring BNC Bank of High Point, North Carolina, which has branches in North Carolina, South Carolina and Virginia. The deal, worth $1.9 billion and completed June 16, 2017, gives Pinnacle operations in four states. Pinnacle Financial Partners currently (as of December 31, 2017) has approximately US$22.2 billion in assets and has 115 offices. In 2020, ''Fortune'' magazine ran ...
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LendingTree
LendingTree is an online lending marketplace headquartered in Charlotte, NC. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Founded in 1996, the company is headquartered in Charlotte, North Carolina with offices in the San Francisco Bay Area, New York City, Chicago, Seattle and others. Other additional services include financing tools, comparative loan searches and borrowing information. History Founding After graduating from Bucknell University, Doug Lebda went to work for PricewaterhouseCoopers in Pittsburgh as an auditor and consultant. During the process of purchasing his first home via a mortgage, he found the process of comparing numerous resources time-consuming. Lebda sought a better way to improve this process in the marketplace. Lebda ...
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International Monetary Conferences
The international monetary conferences were a series of assemblies held in the second half of the 19th century. They were held with a view to reaching agreement on matters relating to international relationships between national currency systems. Background The conferences were a manifestation of a decided tendency towards securing reforms by concerted international action. The disorganized state of the European currencies, which became more serious in consequence of the great expansion in trade and industry, came into notice through the great gold discoveries and their effect on the relative price of the two precious metals gold and silver. Both by its situation and its currency system, France was the first country to aim for the establishment of a currency union, in which French ideas and influence would be predominant. A preliminary step was the formation of the Latin Monetary Union, whereby the currencies of France, Italy, Belgium and Switzerland were – in respect to their gol ...
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Financial Services Forum
The Financial Services Forum is an American, non-partisan economic policy and advocacy organization whose members are the chief executive officers of the eight largest and most diversified financial institutions headquartered in the United States. Recent News On September 20, 2017, thForum announcedthe appointment of Kevin Fromer as its new president and Chief Executive Officer. In January 2019, the Financial Services Forum announced that Morgan Stanley Chairman and CEO James Gorman would serve as the Chairman of its Board, a position previously held by Brian Moynihan, CEO of Bank of America. Citigroup CEO Michael Corbat assumed the Board's Vice Chairman role in 2019. Mission and Leadership The Financial Services Forum represents the interests and views of the eight largest and most diversified financial institutions headquartered in the United States. The Forum members are Bank of America, BNY Mellon, Citigroup, Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, State ...
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Financial Services Roundtable
The Bank Policy Institute (BPI) is an American financial services lobbying and advocacy organization, based in Washington, D.C. The Bank Policy Institute was formed in July 2018 by the merger of two older lobbying groups, the Financial Services Roundtable and the Clearing House Association. Former Minnesota governor Tim Pawlenty had been head of the Financial Services Roundtable; Clearing House Association president Greg Baer (formerly of JPMorgan Chase) remained and became head of the Bank Policy Institute. History In 1912, the Association of Reserve City Bankers was formed, with 102 charter members. In 1958, the Association of Registered Bank Holding Companies was formed, in response to the Bank Holding Company Act of 1956. In 1993, these two entities merged to form the Bankers Roundtable. In 2000, the name of the organization was changed to the Financial Services Roundtable, to reflect a decision to broaden the organization's mission to include representing integrated financ ...
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The Clearing House
The Clearing House is a banking association and payments company owned by the largest commercial banks in the United States. The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments through the RTP network, a modern real-time payment system for the U.S. Supporting services include The Clearing House Payments Authority (a payments association with over 1,000 financial institution members and corporate subscribers) and ECCHO (an entity develops and maintains rules that govern private sector check image exchange for its members, and also engages in lobbying and education). Membership Members of The Clearing House include JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Bank of New York Mellon Corp., Deutsche Bank AG, U.S. Bancorp and Wells Fargo & Co.Bob Ivry"Fed Loses ...
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Federal Advisory Committee
The Federal Advisory Committee Act (FACA) (), is a United States federal law which governs the behavior of federal advisory committees. In particular, it has special emphasis on open meetings, chartering, public involvement, and reporting. The U.S. General Services Administration (GSA) oversees the process. Overview Advisory committees The Federal Advisory Committee Act defines ''advisory committee'' as "any committee, board, commission, council, conference, panel, task force, or other similar group" that dispenses "advice or recommendations" to the President of the United States, and excludes bodies that also exercise operational functions. They are provisional bodies and have the advantage of being able to circumvent bureaucracy and collect a range of opinions. Committees composed of full-time officers or employees of the federal government do not count as ''advisory committees'' under FACA. Furthermore, the following organizations are also not governed by FACA: the Advisory Co ...
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