Mutual Alliance Trust Company
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Mutual Alliance Trust Company
The Mutual Alliance Trust Company was a trust company formed in New York City in 1902, with founders such as Cornelius Vanderbilt and William Rockefeller. On January 14, 1915, the company was acquired by Chatham-Phenix National and Alliance Trust in New York. History Formation At the end of April 1902, H. M. Humphreys resigned from his positions as superintendent of the Coffee Exchange to become vice president of the newly formed Mutual Alliance Trust Company. On May 1, 1902, the ''New York Times'' reported the details of the newly formed Mutual Alliance Trust Company. It was organized by Cornelius Vanderbilt, William Rockefeller, and "a dozen more well-known men" with $1,000,000 in capital. Its initial place of business was an office at Orchard and Grand Streets in New York City. Kalman Haas was founding president, and Henry M. Humphrey vice president. It opened for business on the Tuesday after June 29, 1902, as a general trust company on the east side of Manhattan. There were 1 ...
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Financial Industry
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial s ...
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Henry H
Henry may refer to: People *Henry (given name) *Henry (surname) * Henry Lau, Canadian singer and musician who performs under the mononym Henry Royalty * Portuguese royalty ** King-Cardinal Henry, King of Portugal ** Henry, Count of Portugal, Henry of Burgundy, Count of Portugal (father of Portugal's first king) ** Prince Henry the Navigator, Infante of Portugal ** Infante Henrique, Duke of Coimbra (born 1949), the sixth in line to Portuguese throne * King of Germany **Henry the Fowler (876–936), first king of Germany * King of Scots (in name, at least) ** Henry Stuart, Lord Darnley (1545/6–1567), consort of Mary, queen of Scots ** Henry Benedict Stuart, the 'Cardinal Duke of York', brother of Bonnie Prince Charlie, who was hailed by Jacobites as Henry IX * Four kings of Castile: **Henry I of Castile **Henry II of Castile **Henry III of Castile **Henry IV of Castile * Five kings of France, spelt ''Henri'' in Modern French since the Renaissance to italianize the name and t ...
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Mutual Alliance Trust Company
The Mutual Alliance Trust Company was a trust company formed in New York City in 1902, with founders such as Cornelius Vanderbilt and William Rockefeller. On January 14, 1915, the company was acquired by Chatham-Phenix National and Alliance Trust in New York. History Formation At the end of April 1902, H. M. Humphreys resigned from his positions as superintendent of the Coffee Exchange to become vice president of the newly formed Mutual Alliance Trust Company. On May 1, 1902, the ''New York Times'' reported the details of the newly formed Mutual Alliance Trust Company. It was organized by Cornelius Vanderbilt, William Rockefeller, and "a dozen more well-known men" with $1,000,000 in capital. Its initial place of business was an office at Orchard and Grand Streets in New York City. Kalman Haas was founding president, and Henry M. Humphrey vice president. It opened for business on the Tuesday after June 29, 1902, as a general trust company on the east side of Manhattan. There were 1 ...
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List Of Bank Mergers In The United States
This is a partial list of major banking company mergers in the United States. Table Mergers chart This 2012 chart shows some of the mergers noted above. Solid arrows point from the acquiring bank to the acquired one. The lines are labeled with the year of the deal and color-coded from blue (older) to red (newer). Dotted arrows point to the final merged entity. References Citations * Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 1996.Staff study 169 * Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. Staff study 176Institute of Mergers, Acquisitions and Alliances (MANDA) M&AAn academic research institute on mergers & acquisitions, including bank mergers *Mellon Merger, ''The New York Times'', April 7, 1983 {{DEFAULTSORT:Bank Mergers In The United States, List Of Corporation-related li ...
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Frederic Cromwell
Frederic may refer to: Places United States * Frederic, Wisconsin, a village in Polk County * Frederic Township, Michigan, a township in Crawford County ** Frederic, Michigan, an unincorporated community Other uses * Frederic (band), a Japanese rock band * Frederic (given name), a given name (including a list of people and characters with the name) * Hurricane Frederic, a hurricane that hit the U.S. Gulf Coast in 1979 * Trent Frederic, American ice hockey player See also * Frédéric * Frederick (other) * Fredrik * Fryderyk (other) Fryderyk () is a given name, and may refer to: * Fryderyk Chopin (1810–1849), a Polish piano composer * Fryderyk Getkant (1600–1666), a military engineer, artilleryman and cartographer of German origin * Fryderyk Scherfke (1909–1983), an inte ...
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Emanuel Lehman
Emanuel Lehman (born Mendel Lehmann; February 15, 1827 – January 10, 1907) was a German-born American banker. The younger brother of Henry Lehman, he was a co-founder of Lehman Brothers. Biography Emanuel Lehman was born in Rimpar, Bavaria on February 15, 1827, the son of Eva (Rosenheim) and Abraham Lehmann, a cattle merchant. He traveled to the United States in 1847 to join his brother Henry in business. He married Pauline Sondheim in May 1859, and they had four children. His wife died in 1871. When the newly formed Mutual Alliance Trust Company opened for business in New York on the Tuesday after June 29, 1902, there were 13 directors, including Lehman, William Rockefeller, and Cornelius Vanderbilt. Philanthropy and family In 1897, he donated $100,000 (equivalent to $ million in ) to the Hebrew Orphan Asylum of New York, under the condition "to enlarge and perpetuate its usefulness." In May 1859, he married Pauline Sondheim, daughter of Louis Sondheim of New York. Pauline ...
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Percival Kuhne
Percival (, also spelled Perceval, Parzival), alternatively called Peredur (), was one of King Arthur's legendary Knights of the Round Table. First mentioned by the French author Chrétien de Troyes in the tale ''Perceval, the Story of the Grail'', he is best known for being the original hero in the quest for the Grail, before being replaced in later English and French literature by Galahad. Etymology and origin The earliest reference to Perceval is in Chrétien de Troyes's first Arthurian romance ''Erec et Enide'', where, as "Percevaus li Galois" (Percevaus of Wales), he appears in a list of Arthur's knights; in another of Chrétien's romances, '' Cligés'', he is a "renowned vassal" who is defeated by the knight Cligés in a tournament. He then becomes the protagonist in Chrétien's final romance, ''Perceval, the Story of the Grail''. In the Welsh romance ''Peredur son of Efrawg'', the figure goes by the name Peredur. The name "Peredur" may derive from Welsh ''par'' ...
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Martin Erdmann (businessperson)
Martin Erdmann (born 25 January 1955) is a German diplomat. Career Erdmann was born in Münster, North Rhine-Westphalia, Germany. He joined the German Foreign Service in 1982. In 1984 he completed his diplomatic-consular state exam and became Personal Assistant of Parliamentary State Secretary (State Minister) Alois Mertes at the Foreign Office, Bonn. From 1985 to 1987 he was delegated as Second Secretary to the German Embassy Helsinki and subsequently until 1990 as First Secretary to the German Delegation to NATO, Brussels. In 1990 he returned to the Foreign Office in Bonn The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ru ... as Desk Officer at the Press Division. In 1993 he was appointed Deputy Press Spokesman of the Federal Foreign Office, Bonn and in 1995 Federal Foreign Minist ...
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Louis Stern (businessperson)
Louis Stern (born January 7, 1945) is a Los Angeles art dealer and President of Louis Stern Fine Arts in West Hollywood, California. Stern deals in the secondary market for Impressionist and Modern works. His gallery’s program specializes primarily in west coast hard-edge geometric abstraction. Early life and family Louis Stern was born in Casablanca, Morocco in 1945, and immigrated with his family to the United States in 1955. He is the oldest son of Frederic Stern, an art dealer who specialized in 19th century French painting. Stern began working in the art business with his father at the age of 16, developing expertise in Impressionist, Post-Impressionist, and Modern art. Stern’s brother Jean Stern is Executive Director Emeritus of the Irvine Museum in Orange County. Career and development After being active in the art business in London and Paris, Stern founded his first gallery on Brighton Way in Beverly Hills in 1982. In 1994, he relocated to his current location on Mel ...
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Richard A
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", "Rich", "Rick", "Rico", "Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) * Ri ...
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Isidor Straus
Isidor Straus (February 6, 1845 – April 15, 1912) was a Bavarian-born American Jewish businessman, politician and co-owner of Macy's department store with his brother Nathan. He also served for just over a year as a member of the United States House of Representatives. He died with his wife, Ida, in the sinking of the passenger ship RMS ''Titanic''. Early life Straus was born into a Jewish family in Otterberg in the former Palatinate, then ruled by the Kingdom of Bavaria. He was the first of five children of Lazarus Straus (1809–1898) and his second wife and first cousin, Sara Straus (1823–1876). His siblings were Hermine (1846–1922), Nathan (1848–1931), Jakob Otto (1849–1851) and Oscar Solomon Straus (1850–1926). In 1854 he and his family immigrated to the United States, following his father, Lazarus, who immigrated two years before. They settled first in Columbus, Georgia, and then lived in Talbotton, Georgia, where their house still exists today. He was pr ...
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Vanderbilt Family
The Vanderbilt family is an American family who gained prominence during the Gilded Age. Their success began with the shipping and railroad empires of Cornelius Vanderbilt, and the family expanded into various other areas of industry and philanthropy. Cornelius Vanderbilt's descendants went on to build grand mansions on Fifth Avenue in New York City; luxurious "summer cottages" in Newport, Rhode Island; the palatial Biltmore House in Asheville, North Carolina; and various other opulent homes. The Vanderbilts were once the wealthiest family in the United States. Cornelius Vanderbilt was the richest American until his death in 1877. After that, his son William Henry Vanderbilt acquired his father's fortune, and was the richest American until his death in 1885. The Vanderbilts' prominence lasted until the mid-20th century, when the family's 10 great Fifth Avenue mansions were torn down, and most other Vanderbilt houses were sold or turned into museums in what has been referred to ...
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