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RBC Bank
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States-based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters. The brand name was originally used by (formerly RBC Centura), formed in 2001 when RBC acquired the Raleigh, North Carolina-based Centura Bank. In 2012, RBC Bank USA's banking division for American clients was sold to PNC Financial Services while RBC's cross-border banking services for Canadians were transferred to the newly incorporated RBC Bank (Georgia), N.A. subsidiary. RBC then acquired Los Angeles-based City National Bank in 2015 to serve American clients. 2001-2012: RBC Bank USA On November 2, 1990, Peoples Bancorp and Planters Corp., of Rocky Mount, North Carolina, merged to form Centura Bank. In June 2001, Royal Bank of Canada acquired ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carolina Hurricanes
The Carolina Hurricanes (colloquially known as the Canes) are a professional ice hockey team based in Raleigh, North Carolina. They compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference, and play their home games at PNC Arena. The franchise was formed in 1971 as the New England Whalers of the World Hockey Association (WHA). The Whalers saw success immediately, winning the Eastern Division in the WHA's first three seasons and becoming the inaugural Avco World Trophy Champions to cap off the 1972–73 season. The Whalers again competed for the World Trophy in 1978, this time falling short to the Winnipeg Jets in a rematch of the 1973 Finals. The franchise joined the NHL in 1979 as part of the NHL–WHA merger, renaming themselves the Hartford Whalers. The team relocated to North Carolina in 1997, rebranding themselves as the Hurricanes. Carolina advanced to the Stanley Cup Finals for the first time in 2002, where they were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raleigh Entertainment & Sports Arena
PNC Arena (originally Raleigh Entertainment & Sports Arena and formerly the RBC Center) is an indoor arena located in Raleigh, North Carolina. The arena seats 18,680 for ice hockey and 19,722 for basketball, including 61 suites, 13 loge boxes and 2,000 club seats. The building has three concourses and a 300-seat restaurant. PNC Arena is home to the Carolina Hurricanes of the National Hockey League and the NC State Wolfpack men's basketball team of NCAA Division I. The arena neighbors Carter–Finley Stadium, home of Wolfpack Football; the North Carolina State Fairgrounds and Dorton Arena (on the Fairgrounds). The arena also hosted the Carolina Cobras of the Arena Football League from 2000 to 2002. It is the fourth-largest arena in the ACC (after the JMA Wireless Dome, KFC Yum! Center and the Dean Smith Center) and the eighth-largest arena in the NCAA. History The idea of a new basketball arena to replace the Wolfpack's longtime home, Reynolds Coliseum, first emerged in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raleigh, NC
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeast, the 41st-most populous city in the U.S., and the largest city of the Research Triangle metro area. Raleigh is known as the "City of Oaks" for its many oak trees, which line the streets in the heart of the city. The city covers a land area of . The U.S. Census Bureau counted the city's population as 474,069 in the 2020 census. It is one of the fastest-growing cities in the United States. The city of Raleigh is named after Sir Walter Raleigh, who established the lost Roanoke Colony in present-day Dare County. Raleigh is home to North Carolina State University (NC State) and is part of the Research Triangle together with Durham (home of Duke University and North Carolina Central University) and Chapel Hill (home of the University of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alabama National BanCorporation
Alabama National BanCorporation based in Birmingham, Alabama, was a bank holding company which was purchased by RBC Bank in 2008 for $1.6 billion. Prior to the RBC deal, the bank was the third largest banking company in Alabama with over $7 billion assets. History National Bank of Commerce of Birmingham started in 1965 as a family-owned community bank. It was first publicly traded in 1995. First American Bank of Decatur, Alabama started in 1981. That same year, James A. Taylor bought First National Bank of Ashland. After three more acquisitions, Taylor started a holding company of which he became chairman. By 1993, two more banks and a savings and loan had become part of Alabama National BanCorporation. In 1994, the company added two more banks and $100 million in assets. Later that year, the company received $10 million from its initial public offering. In 1995, National Bank of Commerce, with $130 million more in assets, became a subsidiary of Alabama National after NBC won a d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmSouth Bank
AmSouth Bancorporation was a banking company headquartered in Birmingham, Alabama, and operated for its final year in existence as a bank holding company (subsidiary) of Regions Financial Corporation after a merger between the two banks. AmSouth was previously known as First National Bank of Birmingham, which was first organized by Charles Linn in 1872. AmSouth was in the financial services industry and at its peak employed over twelve thousand people. AmSouth's size more than doubled in 2000 when it absorbed Nashville, Tennessee-based First American National Bank. With the merger came hundreds of branches primarily in Tennessee but also in Kentucky, Virginia, and Mississippi. This is cited as a rare example of one bank absorbing another bank larger than itself. As part of the deal, AmSouth also acquired Deposit Guaranty Bank (which was operating as a subsidiary of First American). AmSouth was known for its low risk accounts through its specialty in Wealth Management, especially in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham, Alabama
Birmingham ( ) is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2021 census estimates, Birmingham had a population of 197,575, down 1% from the 2020 Census, making it Alabama's third-most populous city after Huntsville and Montgomery. The broader Birmingham metropolitan area had a 2020 population of 1,115,289, and is the largest metropolitan area in Alabama as well as the 50th-most populous in the United States. Birmingham serves as an important regional hub and is associated with the Deep South, Piedmont, and Appalachian regions of the nation. Birmingham was founded in 1871, during the post- Civil War Reconstruction period, through the merger of three pre-existing farm towns, notably, Elyton. It grew from there, annexing many more of its smaller neighbors, into an industrial and railroad transportation center with a focus on mining, the iron and steel industry, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The News & Observer
''The News & Observer'' is an American regional daily newspaper that serves the greater Triangle area based in Raleigh, North Carolina. The paper is the largest in circulation in the state (second is the '' Charlotte Observer''). The paper has been awarded three Pulitzer Prizes; the most recent of which was in 1996 for a series on the health and environmental impact of North Carolina's booming hog industry. The paper was one of the first in the world to launch an online version of the publication, Nando.net in 1994. Ownership On May 17, 1995 the News & Observer Publishing Company was sold to McClatchy Newspapers of Sacramento, California, for $373 million, ending 101 years of Daniels family ownership. In the mid-1990s, flexo machines were installed, allowing the paper to print thirty-two pages in color, which was the largest capacity of any newspaper within the United States at the time. The McClatchy Company currently operates a total of twenty-nine daily newspapers in fourtee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Loan
A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques for pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
