Jacob Valero
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Jacob Valero
Jacob Valero (1813–1874) was the founder of the first private bank in Palestine (region), Palestine, Jacob Valero & Company. In 1839, Jacob (Ya'akov) Valero appeared in Jewish communal records as a shochet, ritual slaughterer of the Sephardi community in Jerusalem. In 1849, he was described as a "talmid hakham" (scholar). In 1835, his profession was listed as "moneychanger." He opened his bank in 1848 in the Old City of Jerusalem and managed it until his death. The Valero Bank financed the building of a railway from Jaffa to Jerusalem. The Bank financed the building of the Prince Sergei Hostel in the Russian Compound and handled the money for Kaiser Wilhelm’s grand entrance into Jerusalem in 1898. Valero was an Ottoman Empire, Ottoman subject until 1860, and then became a subject of the Austro-Hungarian Empire. The bank closed in 1915. See also *Chaim Aharon Valero, son of Jacob Valero. *Aaron Valero, great-grandson of Jacob Valero. Israeli physician and educator. Reference ...
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Private Bank
Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes#The Revocation of the Edict of Nantes, Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China *Bank of Communications, founded in 1908 *China Merchants Bank France * Compagnie Fin ...
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Palestine (region)
Palestine ( el, Παλαιστίνη, ; la, Palaestina; ar, فلسطين, , , ; he, פלשתינה, ) is a geographic region in Western Asia. It is usually considered to include Israel and the State of Palestine (i.e. West Bank and Gaza Strip), though some definitions also include part of northwestern Jordan. The first written records to attest the name of the region were those of the Twentieth dynasty of Egypt, which used the term "Peleset" in reference to the neighboring people or land. In the 8th century, Assyrian inscriptions refer to the region of "Palashtu" or "Pilistu". In the Hellenistic period, these names were carried over into Greek, appearing in the Histories of Herodotus in the more recognizable form of "Palaistine". The Roman Empire initially used other terms for the region, such as Judaea, but renamed the region Syria Palaestina after the Bar Kokhba revolt. During the Byzantine period, the region was split into the provinces of Palaestina Prima, Palaestin ...
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Jerusalem
Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. is a city in Western Asia. Situated on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea, it is one of the List of oldest continuously inhabited cities, oldest cities in the world and is considered to be a holy city for the three major Abrahamic religions: Judaism, Christianity, and Islam. Both Israelis and Palestinians claim Jerusalem as their Capital city, capital, as Israel maintains its primary governmental institutions there and the State of Palestine ultimately foresees it as its seat of power. Because of this dispute, Status of Jerusalem, neither claim is widely recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Sie ...
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Ottoman Empire
The Ottoman Empire, * ; is an archaic version. The definite article forms and were synonymous * and el, Оθωμανική Αυτοκρατορία, Othōmanikē Avtokratoria, label=none * info page on book at Martin Luther University) // CITED: p. 36 (PDF p. 38/338) also known as the Turkish Empire, was an empire that controlled much of Southeast Europe, Western Asia, and Northern Africa between the 14th and early 20th centuries. It was founded at the end of the 13th century in northwestern Anatolia in the town of Söğüt (modern-day Bilecik Province) by the Turkoman tribal leader Osman I. After 1354, the Ottomans crossed into Europe and, with the conquest of the Balkans, the Ottoman beylik was transformed into a transcontinental empire. The Ottomans ended the Byzantine Empire with the conquest of Constantinople in 1453 by Mehmed the Conqueror. Under the reign of Suleiman the Magnificent, the Ottoman Empire marked the peak of its power and prosperity, as well a ...
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Austro-Hungarian Empire
Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War and was dissolved shortly after its defeat in the First World War. Austria-Hungary was ruled by the House of Habsburg and constituted the last phase in the constitutional evolution of the Habsburg monarchy. It was a multinational state and one of Europe's major powers at the time. Austria-Hungary was geographically the second-largest country in Europe after the Russian Empire, at and the third-most populous (after Russia and the German Empire). The Empire built up the fourth-largest machine building industry in the world, after the United States, Germany and the United Kingdom. Austria-Hungary also became the world's third-largest manufacturer and exporter of electric home appliances, el ...
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Chaim Aharon Valero
Haim Aharon Valero (1845–1923) was a banker, entrepreneur and a prominent figure in the Jewish community of 19th century Jerusalem. Under his direction, the Valero Bank, founded in 1848 by his father Jacob, acted as catalyst in the development of the Jewish community under Ottoman rule. The bank's capital and financial services were employed in the acquisition of land and building, helping transform Jerusalem and nearby townships from stagnation and poverty towards the modernization of the 20th century. Biography Haim Aharon Valero was born in Jerusalem in 1845. He benefitted from a broader education, including five languages: French, Turkish, Arabic, Hebrew and Ladino (the language spoken by the Jews of Spain). At the age of fifteen he started working as clerk in the bank run by his father and by 1875 became the manager of the Jerusalem branch. By this time the bank had no other partners. In 1880, after the death of his older brother Joseph, he became director of the bank. V ...
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Aaron Valero
Aaron Valero (1913–2000) was an Israeli physician and educator who helped establish hospitals and medical schools, authored medical publications and contributed greatly to the advancement of medical education in Israel in the latter half of the 20th century. Biography Aaron Valero was born in Jerusalem to a distinguished Sephardi family which had settled in Palestine in the early 19th century and on his mother's side, in the late 15th century. His father, Chaim Aharon Valero, was a prominent Jerusalem banker. Valero's great-grandfather, Jacob Valero, established the first bank in Palestine. Jacob Saul Elyashar, the father of Valero's great-great-grandmother, had become Chief Rabbi of Palestine in 1893. Valero was the first to recognise and describe the outbreak of Bubonic Plague in Palestine ("Streptomycin in Bubonic Plague", '' British Medical Journal'', 29 May 1948, pp. 1026–1027). A year later, he observed the outbreak of Rocky Mountain spotted fever in Palest ...
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1813 Births
Events January–March * January 18–January 23 – War of 1812: The Battle of Frenchtown is fought in modern-day Monroe, Michigan between the United States and a British and Native American alliance. * January 24 – The Philharmonic Society (later the Royal Philharmonic Society) is founded in London. * January 28 – Jane Austen's '' Pride and Prejudice'' is published anonymously in London. * January 31 – The Assembly of the Year XIII is inaugurated in Buenos Aires. * February – War of 1812 in North America: General William Henry Harrison sends out an expedition to burn the British vessels at Fort Malden by going across Lake Erie via the Bass Islands in sleighs, but the ice is not hard enough, and the expedition returns. * February 3 – Argentine War of Independence: José de San Martín and his Regiment of Mounted Grenadiers gain a largely symbolic victory against a Spanish royalist army in the Battle of San Lorenzo. * February ...
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1874 Deaths
Events January–March * January 1 – New York City annexes The Bronx. * January 2 – Ignacio María González becomes head of state of the Dominican Republic for the first time. * January 3 – Third Carlist War – Battle of Caspe: Campaigning on the Ebro in Aragon for the Spanish Republican Government, Colonel Eulogio Despujol surprises a Carlist force under Manuel Marco de Bello at Caspe, northeast of Alcañiz. In a brilliant action the Carlists are routed, losing 200 prisoners and 80 horses, while Despujol is promoted to Brigadier and becomes Conde de Caspe. * January 20 – The Pangkor Treaty (also known as the Pangkor Engagement), by which the British extended their control over first the Sultanate of Perak, and later the other independent Malay States, is signed. * January 23 **Prince Alfred, Duke of Edinburgh, second son of Queen Victoria, marries Grand Duchess Maria Alexandrovna of Russia, only daughter of Tsar Alexander III of Russia ...
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19th-century Sephardi Jews
The 19th (nineteenth) century began on 1 January 1801 ( MDCCCI), and ended on 31 December 1900 ( MCM). The 19th century was the ninth century of the 2nd millennium. The 19th century was characterized by vast social upheaval. Slavery was abolished in much of Europe and the Americas. The First Industrial Revolution, though it began in the late 18th century, expanding beyond its British homeland for the first time during this century, particularly remaking the economies and societies of the Low Countries, the Rhineland, Northern Italy, and the Northeastern United States. A few decades later, the Second Industrial Revolution led to ever more massive urbanization and much higher levels of productivity, profit, and prosperity, a pattern that continued into the 20th century. The Islamic gunpowder empires fell into decline and European imperialism brought much of South Asia, Southeast Asia, and almost all of Africa under colonial rule. It was also marked by the collapse of the large ...
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Austro-Hungarian Sephardi Jews
Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe#Before World War I, Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War and was dissolved shortly after its defeat in the World War I, First World War. Austria-Hungary was ruled by the House of Habsburg and constituted the last phase in the constitutional evolution of the Habsburg monarchy. It was a multinational state and one of Europe's major powers at the time. Austria-Hungary was geographically the second-largest country in Europe after the Russian Empire, at and the third-most populous (after Russia and the German Empire). The Empire built up the fourth-largest machine building industry in the world, after the United States, Germany and the United Kingdom of Great Britain and Ireland, United Kingdom. Austria-Hungary also b ...
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