Republic National Bank Of New York
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Republic National Bank Of New York
Republic New York Corporation was the holding company for Republic National Bank of New York, Safra Republic Holdings, and Safra Republic Bank. The company was controlled by billionaire Edmond Safra, who was killed in a fire in his Monte Carlo penthouse apartment by his nurse Ted Maher. Republic New York Corporation was sold shortly after its chairman's death to HSBC Bank USA, the US subsidiary of HSBC of the UK. Joseph Safra, the brother of Edmond Safra, controlled and owned independently the Safra Group of banks and financial institutions. History 1966: Republic National Bank of New York is founded by Edmond Safra. Safra had previously opened the Trade Development Bank in Geneva, Switzerland, which acquired a 36% stake in Republic. 1973: Republic New York Corporation was established as a one-bank holding company for Republic National Bank. 1974: Acquires Kings Lafayette Bank, which has 18 branches. 1975: Acquires American Swiss Credit Company, Ltd., formerly part of ...
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Edmond Safra
Edmond J. Safra ( ar, ادموند يعقوب صفرا; 6 August 1932 – 3 December 1999) was a Lebanese-Brazilian banker who continued the family tradition of banking in Brazil and Switzerland. He was married to Lily Watkins from 1976 until his death. He died in a fire that attracted wide media interest, and was judicially determined to be due to arson. Biography The Safra family came from Beirut, Lebanon and is of Sephardic Jewish background originally from Lebanon and Aleppo. Edmond's father, Jacob Safra, had opened the J. E. Safra Bank in 1920 in Beirut and in 1929 it became the Banque Jacob E. Safra which in 1956 changed its name to Banque de Credit National S.A.L. (BCN). By the time he was sixteen, Edmond Safra was working at his father's bank in Beirut, engaged in the precious metals and foreign exchange aspects of the business. In 1949, the family moved from Lebanon to Italy, where he worked for a trading company in Milan. When he was 16, he earned $40 million duri ...
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Williamsburg Savings Bank
The Williamsburgh Savings Bank was a financial institution in Brooklyn, New York from the mid-19th to the mid-20th centuries. The bank was incorporated in 1851 under legislation passed by the New York State Assembly. The bank continued to operate until a series of mergers brought the bank into the HSBC group late in the 20th century. Headquarters buildings The Williamsburgh Savings Bank is remembered today for two imposing headquarters buildings still standing. The domed original at 175 Broadway, designed by George B. Post and opened to the public in 1875, is located at Broadway and Driggs Avenue in Williamsburg, Brooklyn. The building's exterior was protected by the New York City Landmarks Preservation Commission (LPC) in 1966, and it was added to the National Register of Historic Places in 1980. In 2010 Juan Figueroa bought the building and adjacent property for $4.5 million for conversion to a banquet hall named Weylin. The later Williamsburgh Savings Bank Tower opene ...
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HSBC Private Bank
HSBC Global Private Banking is part of the Wealth and Personal Banking division within the HSBC Group (as of 2020, HSBC was the world's sixth largest bank by total assets and market capitalization) They provide award winning private banking services to wealthy individuals and families including billionaires as well as multi-millionaire business owners, entrepreneurs and investors. Headquartered in London, there are 45 Global Private Banking offices worldwide including hubs across Europe, Americas and Middle East coupled with a strong history and presence in Asia. Employing over 3,000 people, the business was responsible for USD 427bn assets under management in 2021. Services and opportunities offered include advisory or discretionary investing traditional banking, financing, family office governance, sustainable and alternative investing, succession planning and trust management via teams of specialists including Relationship Managers, Credit Advisors and Investment Counsello ...
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1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997 Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit and supervisors had to implement a new policy. Both Russia and the countries that exported to it experienced fiscal deficits. The cou ...
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Vremya Novostei
''Vremya Novostei'' (russian: Время новостей, translated as ''News Time'') was a Russian business socio-political daily newspaper based in Moscow. ''Vremya Novostei'' was founded in 2000 by former ''Vremya MN'' newspaper journalists led by editor-in-chief Vladimir Gurevich retiring in consequence of the non-payment of wages. The first issue was published on March 16, 2000, and the last issue was published on December 17, 2010. In February 2011, ''Vremya Novostei'' was relaunched as ''Moskovskiye Novosti ''Moskovskiye Novosti'' (russian: Московские новости, ''Moscow News'') was a Russian-language daily newspaper in Russia relaunched in 2011. The paper - by then a 'youth-oriented' free sheet handed out at more than 850 places aro ...'', but ceased publication in February 2014. References External links * Defunct newspapers published in Russia Russian-language newspapers published in Russia Newspapers established in 2000 Publications disesta ...
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Novaya Gazeta
''Novaya Gazeta'' ( rus, Новая газета, t=New Gazette, p=ˈnovəjə ɡɐˈzʲetə) is an independent Russian newspaper known for its critical and investigative coverage of Russian political and social affairs. It is published in Moscow, in regions within Russia, and in some foreign countries. The print edition is published on Mondays, Wednesdays and Fridays; English-language articles on the website are published on a weekly basis in the form of the ''Russia, Explained'' newsletter. Seven ''Novaya Gazeta'' journalists, including Yuri Shchekochikhin, Anna Politkovskaya and Anastasia Baburova, have been murdered since 2000, in connection with their investigations. In October 2021, ''Novaya Gazeta'' editor-in-chief Dmitry Muratov was awarded the Nobel Peace Prize, alongside Maria Ressa, for their safeguarding of freedom of expression in their homelands. In March 2022, during the 2022 Russian invasion of Ukraine, the newspaper suspended publication due to increased go ...
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Ministry Of Finance (Russia)
The Ministry of Finance of the Russian Federation (russian: Министерство финансов Российской Федерации), also known as ''MinFin'' (Минфин России), is a ministry of the Government of Russia responsible for financial policy and general management in the field of finance. The Ministry of Finance was formed from the Ministry of Finance of the USSR in 1992 and claims descent from the Ministry of Finance of the Russian Empire first established in 1780. It is headquartered at Ilinka Street 9 in Tverskoy District, Moscow. Anton Siluanov has served as the Minister of Finance since September 2011. History The Treasury Governing body in Russia was established by Imperial Decree of Catherine II in October 24, 1780, as The Expedition of state revenues, which was, in fact, the beginning of the creation of state financial authority in Russia. Manifesto of the Emperor Alexander I "On approval of the Ministries" was founded several ministries ...
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D7, D07, D.VII, D VII, D.7 or D-7 may refer to: Arts and entertainment * D7, a chord (music) * D7, a note in the whistle register * ''D-7'' (Wipers song), a song by the Wipers from the 1980 album ''Is This Real?'' ** Covered by Nirvana on the 1992 album ''Hormoaning'' * ''D-7'', a fictional ''Star Trek'' Klingon starship class Businesses and organisations * Dinar Líneas Aéreas (1992–2002), IATA airline designator D7 * AirAsia X, IATA airline designator D7 * Digital 7, a group of national governments seeking to strengthen the digital economy Places * D7 road (Croatia), a state road * D7 motorway (Czech Republic) * A Dublin postal district Science, technology and mathematics Military *D.VII aircraft (other), a number of aircraft **Fokker D.VII, a German World War I fighter aircraft * HMS ''Patroller'' (D07), a 1943 British Royal Navy escort aircraft carrier * HMS ''D7'', a Royal Navy submarine launched in 1911 Transportation and vehicles * Bavarian D VII, an ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Chiquita Brands International
Chiquita Brands International Sàrl (), formerly known as Chiquita Brands International Inc. and United Fruit Co., is a Swiss-domiciled American producer and distributor of banana A banana is an elongated, edible fruit – botanically a berry – produced by several kinds of large herbaceous flowering plants in the genus ''Musa''. In some countries, bananas used for cooking may be called "plantains", distinguis ...s and other produce. The company operates under a number of subsidiary brand names, including the flagship Chiquita brand and Fresh Express salads. Chiquita is the leading distributor of bananas in the United States. Chiquita is the successor to the United Fruit Company. It was formerly controlled by American businessman Carl Lindner, Jr., Carl H. Lindner, Jr., whose majority ownership of the company ended when Chiquita Brands International exited a prepackaged Chapter 11 bankruptcy on 19 March 2002. In 2003, the company acquired the German produce ...
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