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Inner City Press
Inner City Press is a public interest organization founded by Matthew Lee (lawyer), Matthew Lee, who serves as executive director. Inner City Press is best known for its investigations of the banking industry's treatment of low-income communities of color, at first within the United States and more recently around the world, for example with regard to HSBC, Deutsche Bank and others. In the spring of 2013, in the US, Inner City Press / Fair Finance Watch has raised fair lending issues regarding Investors Bank. In 2018, Inner City Press / Fair Finance Watch challenged a merger by People's United Bank. In 2018, Inner City Press' resident correspondent status at United Nations (UN) was downgraded to non-resident correspondent. In August 2018, Lee was permanently banned from the UN premises because of his non compliance with the restrictions of his new non-resident correspondent status History Inner City Press was founded in 1987 in the South Bronx of New York City. Its first proje ...
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Non-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Uganda People's Defense Force
The Uganda People's Defence Force (UPDF), previously known as the National Resistance Army, is the armed forces of Uganda. From 2007 to 2011, the International Institute for Strategic Studies estimated the UPDF had a total strength of 40,000–45,000 and consisted of land forces and an air wing. Recruitment to the forces is done annually. After Uganda achieved independence in October 1962, British officers retained most high-level military commands. Ugandans in the rank and file claimed this policy blocked promotions and kept their salaries disproportionately low. These complaints eventually destabilized the armed forces, already weakened by ethnic divisions. Each post-independence regime expanded the size of the army, usually by recruiting from among people of one region or ethnic group, and each government employed military force to subdue political unrest. History The origins of the Ugandan armed forces can be traced to 1902, when the Uganda Battalion of the King's African R ...
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Hudson City Bancorp
Hudson City Bancorp, Inc., based in Paramus, New Jersey, Paramus, in the U.S. state of New Jersey, was a bank-holding company for Hudson City Savings Bank, its only subsidiary, then the largest savings bank in New Jersey and one of the oldest banks in the United States, with US$50 billion in assets. It is now a fully publicly held entity and a member S&P 500 stock market Index. In 2005, its US$3.93 billion secondary offering of common stock was the largest in United States banking history. At the time, it was also the seventh largest domestic public offering in United States history THACHER PROFFITT REPRESENTS HUDSON CITY BANCORP IN 7TH LARGEST DOMESTIC PUBLIC OFFERING IN HISTORY
June 8, 2005, PRNewswire, Insurance Newscast, InsuranceBroad ...
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M&T Bank
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 1680 branches in New York, New Jersey, Connecticut, Pennsylvania, Maine, Maryland, Massachusetts, New Hampshire, Delaware, Vermont, Virginia, West Virginia, and Washington, D.C. M&T is ranked 519th on the Fortune 500 list based on 2021 revenues. Until May 1998, the bank's holding company was named First Empire State Corporation. M&T Bank has been profitable in every quarter since 1976. Other than Northern Trust, M&T was the only bank in the S&P 500 Index not to lower its dividend during the financial crisis of 2007–2008. The bank owns the Buffalo Savings Bank building in downtown Buffalo, and Bridgeport Center in Bridgeport, Connecticut. M&T Bank also sponsors M&T Bank Stadium, home of the Baltimore Ravens. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Bills Stadium in Orchard Park, New Y ...
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Al Jazeera English
Al Jazeera English (AJE; ar, الجزيرة‎, translit=al-jazīrah, , literally "The Peninsula", referring to the Qatar Peninsula) is an international 24-hour English-language news channel owned by the Al Jazeera Media Network, which is owned by the monarchy government of Qatar. It is the first English-language news channel to be headquartered in the Middle East. Instead of being run centrally, news management rotates between broadcasting centres in Doha and London. History The channel was launched on 15 November 2006, at 12:00 PM GMT. It had aimed to begin broadcasting in June 2006 but had to postpone its launch because its HDTV technology was not yet ready. The channel was due to be called ''Al Jazeera International'', but the name was changed nine months before the launch because one of the channel's backers argued that the original Arabic-language channel already had an international scope. The channel was anticipated to reach around 40 million households, but it far ex ...
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Aftermath Of The First Libyan Civil War
The aftermath of the First Libyan Civil War has been characterized by marked change in the social and political order of Libya after the overthrow and killing of Muammar Gaddafi in the civil war that was fought in Libya in 2011. The country has been subject to ongoing proliferation of weapons, Islamic insurgencies, sectarian violence, and lawlessness, with spillovers affecting neighboring countries including Mali. After the interim National Transitional Council (NTC) declared that the country had been liberated in October 2011, it began a process to form a new government, prepare for elections and prosecute former Gaddafi officials. In the absence of an organized military, armed militias of former rebels continued to assert their role as "guardians of the revolution" around the country, and there were reports of vigilante justice and sporadic clashes between rival militias. International organizations voiced concerns over the proliferation of weapons in the region, and the risk t ...
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Fair Finance Watch
Fair Finance Watch is a US-based non-governmental organization which investigates the banking industry's treatment of low-income communities around the world. It produces weekly reports on global banks like HSBC, Citigroup, Royal Bank of Scotland, Mizuho Financial Group and others. It was founded by lawyer Matthew Lee. History In 1998, Fair Finance Watch and its predecessors took the lead in opposing the merger of Citicorp and Travelers to form Citigroup. Founder Matthew Lee spoke at both companies' shareholders' meetings, commented to the Federal Reserve Board, and later initiated litigation against the merger, the largest in the financial services industry. Since then, Fair Finance Watch has pursued Citigroup as it has made acquisitions in Mexico and elsewhere, while initiating similar campaigns regarding HSBC, JPMorgan Chase, Bank of America, Wachovia, Deutsche Bank, Royal Bank of Scotland, American International Group, Wells Fargo and others. In 2000, Lee's investigation of ...
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Wells Fargo
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank which designates its Sioux Falls, South Dakota site as its main office. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the "Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands. Wells Fargo, in its present form, is a result of a ...
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American International Group
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. , AIG companies employed 49,600 people.https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf page 7 The company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets. AIG is a sponsor of the AIG Women's Open golf tournament. AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. AIG was ranked 60th on the 2018 Fortune 500 list. According to the 2016 Forbes Global 2000 list, AIG ...
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Royal Bank Of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties. Following ring-fencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ...
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