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Bank Mergers
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phenix National Bank
The Chatham Phenix National Bank and Trust Company was a bank in New York City connected with the Chatham Phenix Corporation. Its predecessor Chatham and Phenix National Bank was formed in 1911 when Chatham National Bank paid $1,880,000 to absorb the asset of the Phenix National Bank. The bank grew significantly as it absorbed smaller banking institutions, such as Mutual Alliance Trust Company and Century Bank in 1915, at which point Chatham and Phenix National Bank became the "first national bank to operate branches in the same city with the main bank." Chatham Phenix National Bank and Trust Company of New York was organized in 1925 with resources of around $300,000,000. At the time of its formation, it was one of the ten largest banks in the United States. In 1932, the company merged with the Manufacturers Trust. History Phenix Bank and Chatham Bank Phenix Bank was established in 1812 as the banking division of the New York Manufacturing Company, which made cotton looms and sup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PNC Financial Services
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs. The company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and information processing. PNC is one of the largest Small Business Administration lenders and one of the largest credit card issuers. It also provides asset-based lending to private equity firms and middle market companies. PNC operates one of the largest treasury management businesses and the second largest lead arranger of asset-based loan syndications in the United States. Harris Williams & Co., a subsidiary of the company, is on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Delaware
The National Bank of Delaware (founded as the Bank of Delaware) was the first bank chartered in the U.S. state of Delaware. Based in Wilmington, the bank operated independently from 1795 to 1929, when it was merged into the Security Trust Company, also of Wilmington. History Independent operation The bank was formally organized on June 1, 1795, and received its charter on February 9, 1796, from the Delaware General Assembly with capital stock of $100,000. With Joseph Tatnall as president and John Hayes as cashier, it opened at Fourth and Market Streets on August 17. In 1816, the bank moved to a new building on the east corner of Sixth and Market Streets. The bank was issued a new charter in 1820, and doubled its stock's par value by 1850. On July 16, 1865, it received a national charter under the National Banking Act, and was renamed the National Bank of Delaware at Wilmington, with capital of $110,000. The charter was extended in 1885. For 127 years, the bank served an account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security Trust Company
Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or phenomenon vulnerable to unwanted change. Security mostly refers to protection from hostile forces, but it has a wide range of other senses: for example, as the absence of harm (e.g., freedom from want); as the presence of an essential good (e.g., food security); as resilience against potential damage or harm (e.g. secure foundations); as secrecy (e.g., a secure telephone line); as containment (e.g., a secure room or cell); and as a state of mind (e.g., emotional security). Security is both a feeling and a state of reality. One might feel secure when one is not actually so; or might feel insecure despite being safe. This distinction is usually not very clear to express in the English language. The term is also used to refer to acts and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia Trust Company
Philadelphia ( ), colloquially referred to as Philly, is the most populous city in the U.S. state of Pennsylvania and the sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Quaker and advocate of religious freedom, and served as the capital of the colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and Revolutionary War. It served as the central meeting place for the nation's Founding Fathers, hosted the First Continental Congress (1774) and the Second Continental Congress, during which the Founders formed the Continental Army, elected George ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidelity Trust Company
Fidelity Trust Company was a bank in Philadelphia, Pennsylvania. Founded in 1866 as Fidelity Insurance, Trust, & Safe Deposit Company, the bank was later renamed Fidelity Trust Company, Fidelity-Philadelphia Trust Company, The Fidelity Bank, and Fidelity Bank, National Association. It was absorbed in 1988 in the biggest U.S. bank merger up to that point, and is today part of Wells Fargo. History It was founded in 1866 by financier Clarence Howard Clark Sr., Clarence H. Clark (1833–1906) and several partners as the Fidelity Insurance, Trust, & Safe Deposit Company with initial capital of $250,000. Besides selling insurance and transacting Trust company, trust business, the company was the second U.S. bank to offer safe deposit services. The bank was located at Broad and Walnut Streets in Philadelphia. The Chestnut Street building was designed by G. W. & W. D. Hewitt - Architects, Frederick S. Holmes - Vault Engineer, anDamon Safe & Iron Works Co.- Vault Builder. Clark served as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CoreStates Financial Corporation
CoreStates Financial Corporation, previously known as Philadelphia National Bank (PNB), was an American bank holding company in the Philadelphia, Pennsylvania, metropolitan area. The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company. History Philadelphia National Bank and First Pennsylvania Bank The bank was founded in Philadelphia on September 8, 1803, as The Philadelphia Bank. George Clymer was the bank's first president. Later, the bank became known as Philadelphia National Bank, or PNB. During the early years of the United States, Philadelphia developed as the banking center of the country. The First Bank of the United States chartered in 1791, was based in the city until its charter expired ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of North America
The Bank of North America was the first chartered bank in the United States, and served as the country's first ''de facto'' central bank. It was chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia, Pennsylvania, on January 7, 1782. The bank's founding was based on a plan presented by Superintendent of Finance of the United States, Superintendent of Finance Robert Morris (financier), Robert Morris on May 17, 1781, including recommendations by American Revolution, Revolutionary-era Founding Fathers of the United States, Founding Father Alexander Hamilton, who was appointed the first United States Secretary of the Treasury, U.S. Secretary of the Treasury by George Washington. Although Hamilton later noted the bank's "essential" contribution to the American Revolutionary War, the Pennsylvania government objected to its privileges and reincorporated it under state law, making it unsuitable as a national bank under the Constitution of the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 III 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First National Bank (Wilmington)
First National Bank may refer to: Worldwide Lebanon * First National Bank (Lebanon) Namibia * First National Bank (Namibia) Japan * Dai-Ichi Bank, formerly South Africa * First National Bank (South Africa) United States Banking institutions (existing) * First National Bank of Florida * First National Bank of Layton, Utah * First National Bank of Omaha First National Bank Omaha d/b/a FNBO is a bank headquartered in Omaha, Nebraska. It is a subsidiary of First National of Nebraska, Inc., a bank holding company primarily owned by the Lauritzen family. It is on the list of largest banks in the Un ..., Nebraska * FNB Corporation of Pittsburgh, Pennsylvania Banking institutions (former) See also * First National Bank Building (other) * First Bank (other) * First National Bank of Boston v. Bellotti * {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. 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 not to lower its dividend during the 2008 financial crisis. The bank owns the Buffalo Savings Bank building in downtown Buffalo, Bridgeport Center in Bridgeport, Connecticut, and the M&T Tech Hub in the Seneca One Tower. It also sponsors M&T Bank Stadium, home of the Baltimore Ravens, as well as M&T Bank Auditorium and M&T Bank Atrium of the University at Buffalo. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Highmark Stadium (New York), Highmark Stadium in Orchard Park, New York, Orch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
