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Li Ming (banker)
Li Ming (李銘; November 24, 1887 – October 22, 1966) was a Chinese banking and investing pioneer. He formed the Chekiang Industrial Bank in 1922 and was General Manager and later Chairman until 1949. In 1950 he founded the Chekiang First Bank Ltd. in Hong Kong, and served as Chairman until his death in 1966. Over the course of his career he held more than thirty directorships in banks, industrial concerns, insurance companies and public utilities, and served in many key governmental positions of financial administration. He was a founder and Chairman of the Shanghai Bankers' Association. Biography Li Ming was born in Shaoxing, Zhejiang, in 1887, the second son of a silver merchant. Following a traditional education in the Chinese Classics, in 1902 he attended the American Baptist missionary-run Wayland Academy, Hangzhou. He went on in 1905 to study banking and commerce at the Yamaguchi Commercial College (山口高等商業学校 Yamaguchi kōtō shōgyō gakkō), Japan, on a g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Courtesy Name
A courtesy name (), also known as a style name, is a name bestowed upon one at adulthood in addition to one's given name. This practice is a tradition in the East Asian cultural sphere, including China, Japan, Korea, and Vietnam.Ulrich TheobaldNames of Persons and Titles of Rulers/ref> A courtesy name is not to be confused with an art name, another frequently mentioned term for an alternative name in East Asia, which is closer to the concept of a pen name or a pseudonym. Usage A courtesy name is a name traditionally given to Chinese men at the age of 20 ''sui'', marking their coming of age. It was sometimes given to women, usually upon marriage. The practice is no longer common in modern Chinese society. According to the ''Book of Rites'', after a man reached adulthood, it was disrespectful for others of the same generation to address him by his given name. Thus, the given name was reserved for oneself and one's elders, whereas the courtesy name would be used by adults of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chang Kia-ngau
Chang Kia-ngau (; 1889–1979), courtesy name Gōngquán (公权), was a Chinese banker, politician, and scholar. He was an influential figure in the history of modern Chinese central bank. Biography Chang was born in 1889 in Jiading outside of Shanghai. His grandfather was a Qing dynasty official and his father a doctor, so he and his siblings enjoyed educational opportunities not available to most of their countrymen. While his brother, Carsun Chang distinguished himself in the world of politics, Chang Kia-ngau became a leading figure in modern Chinese banking. Chang Kia-ngau was a supporter of reform in China and started his public service career in 1910 as editor-in-chief of the ''Official Gazette'' published by the Ministry of Communications. In 1913 he started his banking career assistant manager of the Bank of China in Shanghai. He distinguished himself just a few years later in 1916 when he refused a request by Yuan Shikai to stop redeeming banknotes for silver. The mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill (company), Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, Stock, equity, Bond (finance), fixed-income and Derivative (finance), derivatives sales and stock trading, trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Commercial And Savings Bank
The Shanghai Commercial and Savings Bank () is a bank of the Republic of China, currently based in Taipei, Taiwan. In 1915, it was founded by Chen Guangfu ( K. P. Chen) in Shanghai, mainland China. Chen became the first president, and The-Chin Chuang was elected first chairman. Early years The bank was established in Shanghai in 1915 by Chen Guangfu, a graduate of the Wharton School of Finance and one of the most successful Chinese bankers of the 20th century.''The Making of Modern Chinese Financial Entrepreneurship: The Case of Chen Guangfu'' by Pui-tak Lee, University of Hong Kong In 1931, the Bank completed the construction of its head office building in Shanghai, which was the most modern banking edifice in China at that time. The bank started its business with a capital of less than 100,000 silver dollars and with a workforce of four. In 1934, the bank had become the nation’s top private bank, with over 2,700 employees and over 110 branches. World War 2 During Worl ... [...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] |
Nanking
Nanjing (; , Mandarin pronunciation: ), alternately romanized as Nanking, is the capital of Jiangsu province of the People's Republic of China. It is a sub-provincial city, a megacity, and the second largest city in the East China region. The city has 11 districts, an administrative area of , and a total recorded population of 9,314,685 . Situated in the Yangtze River Delta region, Nanjing has a prominent place in Chinese history and culture, having served as the capital of various Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to one of the world's largest inland ports. The city is also one of the fifteen sub-provincial cities in the People's Republic of China's administrative structure, enjoying jurisdictional and economic autonomy only slightly less than that of a province. Nanjing has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wang Ching-wei
Wang Jingwei (4 May 1883 – 10 November 1944), born as Wang Zhaoming and widely known by his pen name Jingwei, was a Chinese politician. He was initially a member of the left wing of the Kuomintang, leading a government in Wuhan in opposition to the right-wing government in Nanjing, but later became increasingly anti-communist after his efforts to collaborate with the Chinese Communist Party ended in political failure. His political orientation veered sharply to the right later in his career after he collaborated with the Japanese. Wang was a close associate of Sun Yat-sen for the last twenty years of Sun's life. After Sun's death in 1925 Wang engaged in a political struggle with Chiang Kai-shek for control over the Kuomintang, but lost. Wang remained inside the Kuomintang, but continued to have disagreements with Chiang until the outbreak of the Second Sino-Japanese War in 1937, after which he accepted an invitation from the Japanese Empire to form a Japanese-supported co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Telephone And Telegraph Company
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has approximately 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Utility Holding Company Act Of 1935
The Public Utility Holding Company Act of 1935 (PUHCA), also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding companies. It limited holding company operations to a single state, thus subjecting them to effective state regulation. It also broke up any holding companies with more than two tiers, forcing divestitures so that each became a single integrated system serving a limited geographic area. Another purpose of the PUHCA was to keep utility holding companies engaged in regulated businesses from also engaging in unregulated businesses. The act was based on the conclusions and recommendations of the 1928-35 Federal Trade Commission investigation of the electric industry. On March 12, 1935, President Franklin D. Roosevelt released a report he commissioned by the National Power Policy Committee. This report became the template for the PUHCA. The political battl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Commission V
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Bond And Share Company
The Electric Bond and Share Company (Ebasco) was a United States electric utility holding company organized by General Electric. It was forced to divest its holding companies and reorganize due to the passage of the Public Utility Holding Company Act of 1935. Following the passage of the Act, the U.S. Securities and Exchange Commission (SEC) selected the largest of the U.S. holding companies, Ebasco to be the test case of the law before the U.S. Supreme Court. The court case known as Securities and Exchange Commission v. Electric Bond and Share company was settled in favor of the SEC on March 28, 1938. It took twenty-five years of legal action by the SEC to break up Ebasco and the other major U.S. electric holding companies until they conformed with the 1935 act. It was allowed to retain control of its foreign electric power holding company known as the American & Foreign Power Company (A&FP). After its reorganization, it became an investment company, but soon turned into a major ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Municipal Council
The Shanghai International Settlement () originated from the merger in the year 1863 of the British Concession (Shanghai), British and American Concession (Shanghai), American list of former foreign enclaves in China, enclaves in Shanghai, in which British subjects and American citizens would enjoy extraterritoriality and Consular court, consular jurisdiction under the terms of Unequal treaty, treaties agreed by both parties. These treaties were abrogated in 1943. The British settlements were established following the victory of the British Empire, British in the First Opium War (18391842). Under the terms of the Treaty of Nanking, the five treaty ports including Shanghai were opened to foreign merchants, overturning the monopoly then held by the southern port of Canton (Guangzhou) under the Canton System. The British also established a base on British Hong Kong, Hong Kong. American and French involvement followed closely on the heels of the British and their enclaves were es ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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