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Safra Group
The J. Safra Group is an international network of companies controlled by the Safra family, comprising banking and financial institutions and industrial operations. It is present in the United States, Europe, the Middle East, Latin America, Asia and the Caribbean. History In the early nineteenth century, Safra Frères et Cie., the family's first financial institution, was founded within the Ottoman Empire in Aleppo, Syria. Further economic expansions prompted the family to open new branches in Beirut, followed by Istanbul and Alexandria. In the early 1900s, Beirut was chosen as headquarters of the newly founded Bank Jacob Safra. Following the end of World War II, Jacob Safra expanded the new banking activities toward Europe and later to Latin America and the United States. Slogan Each bank has its own slogan in its local language for marketing purposes. They all involve security and solidity. However, the J. Safra Group general slogan is present in every Safra Company an ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Istanbul
Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, cultural and historic hub. The city straddles the Bosporus strait, lying in both Europe and Asia, and has a population of over 15 million residents, comprising 19% of the population of Turkey. Istanbul is the list of European cities by population within city limits, most populous European city, and the world's List of largest cities, 15th-largest city. The city was founded as Byzantium ( grc-gre, Βυζάντιον, ) in the 7th century BCE by Ancient Greece, Greek settlers from Megara. In 330 CE, the Roman emperor Constantine the Great made it his imperial capital, renaming it first as New Rome ( grc-gre, Νέα Ῥώμη, ; la, Nova Roma) and then as Constantinople () after himself. The city grew in size and influence, eventually becom ...
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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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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands. The Cayman Islands is considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is a major world offshore financial centre for international businesses and wealthy individuals, largely as a result of the state not charging taxes on any income earned or stored. With a GDP per capita of $91,392, the Cayman Islands has the highest standard of living in the Caribbean. Immigrants from over 130 countries and territories reside in the Cayman Islands. History No archaeological evidence for an indigenous ...
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Banco Safra
Banco Safra is a Brazilian financial services company headquartered in São Paulo, Brazil. It is the seventh largest banking institution in Brazil, and the nineteenth largest in Latin America. It provides services in investment banking, private banking, asset management, and retail banking through its neobank AgZero. The bank is part of the financial holding company Safra Group. History The Safra family's history in banking originated with caravan trade between Aleppo, Alexandria and Istanbul during the Ottoman Empire. With the collapse of the Ottoman Empire after the First World War the Safras moved to Beirut. The Safras decided to move to Brazil in 1952. In the 1960s, Joseph Safra and his father, Jacob Safra, founded Banco Safra, S.A. Most of the Brazilian Sephardic Syrian Jewish community established themselves as retail or wholesale merchants. After having established many financial institutions in Lebanon's capital, Beirut in the 1950s, the Safras set up a small speciali ...
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Bank Jacob Safra Switzerland
Bank Jacob Safra (Suisse) AG was a full-service commercial banking institution headquartered in Geneva, Switzerland. As part of the Safra Group of financial institutions, in 2013 it merged with Bank Sarasin & Cie, when that bank was purchased by the Safra Group, with the combined entity being named J. Safra Sarasin. Services Apart from Geneva, Bank Jacob Safra (Suisse) AG was present in Zurich, Lugano, Gibraltar, and Monaco. The majority of its operations consisted of financial services and private wealth management. In addition the bank also offered brokerage services, bond trading, lease financing, and correspondent banking. History Named after Jacob Safra, the patriarch, the bank started its operations through the acquisition of Uto Bank AG ( Zurich) in June 2000. It grew to 15 billion CHF of assets under management in less than 6 years. In February 2006, Bank Jacob Safra expanded its operations in Monaco through the acquisition of the Monaco operations of Banca Gott ...
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Safra National Bank Of New York
Safra National Bank of New York (SNBNY) is a nationally chartered U.S. Bank supervised by the Office of the Comptroller of the Currency and member of the Federal Reserve and the Federal Deposit Insurance Corporation (“FDIC”). The Bank serves high-net-worth individuals, businesses, family offices and sophisticated investors in the U.S. and internationally. Safra National Bank of New York is part of th which consists of privately-owned banks under the Safra name such as Banco Safra S.A.  anBank J. Safra Sarasin all independent from one another with more than 170 locations worldwide. The Group’s also known for its investment holdings in asset based business sectors such as real estate owning more than 200 premier commercial, retail and farmland buildings properties worldwide such as New York City’s 660 Madison Avenue office complex and London’s iconic Gherkin Building and agribusiness, such as the Chiquita Bananas. Locations Safra National National Bank iheadquarteredi ...
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Jacob Safra
Jacob Safra ( ar, يعقوب صفرا; 1891 – 27 May 1963) was a Syrian-Lebanese banker. The Safras were bankers and gold traders engaged in the financing of trade between Beirut, Aleppo, Istanbul and Alexandria. Biography The Safra family was originally a merchant Jewish family of northern Lebanon, Lebanon, which historically made its money from financing the caravans of the Middle East. When the Ottoman Empire fell apart in 1918, Jacob Safra, opened the family bank in the 1920s in Beirut, building on the Safras' long experience in gold and currency exchange. With its base in Lebanon, the ' became the bank of choice for many of Syria's and Lebanon's rich Sephardic Jewish families, who trusted the Safras to manage their business and personal financial interests with care and discretion. The bank was later renamed ''Banque de crédit national S.A.L.'' (BCN) and is one of the five oldest banks in Lebanon. In 1952, he moved to Brazil with his four sons: Elie, Edmond, Joseph and ...
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Alexandria
Alexandria ( or ; ar, ٱلْإِسْكَنْدَرِيَّةُ ; grc-gre, Αλεξάνδρεια, Alexándria) is the second largest city in Egypt, and the largest city on the Mediterranean coast. Founded in by Alexander the Great, Alexandria grew rapidly and became a major centre of Hellenic civilisation, eventually replacing Memphis, in present-day Greater Cairo, as Egypt's capital. During the Hellenistic period, it was home to the Lighthouse of Alexandria, which ranked among the Seven Wonders of the Ancient World, as well as the storied Library of Alexandria. Today, the library is reincarnated in the disc-shaped, ultramodern Bibliotheca Alexandrina. Its 15th-century seafront Qaitbay Citadel is now a museum. Called the "Bride of the Mediterranean" by locals, Alexandria is a popular tourist destination and an important industrial centre due to its natural gas and oil pipelines from Suez. The city extends about along the northern coast of Egypt, and is the largest city on t ...
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Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint of Lebanon's Mediterranean coast. Beirut has been inhabited for more than 5,000 years, and was one of Phoenicia's most prominent city states, making it one of the oldest cities in the world (see Berytus). The first historical mention of Beirut is found in the Amarna letters from the New Kingdom of Egypt, which date to the 14th century BC. Beirut is Lebanon's seat of government and plays a central role in the Lebanese economy, with many banks and corporations based in the city. Beirut is an important seaport for the country and region, and rated a Beta + World City by the Globalization and World Cities Research Network. Beirut was severely damaged by the Lebanese Civil War, the 2006 Lebanon War, and the 2020 massive explosion in the ...
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São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo (Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macrometr ...
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