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Citibank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few ...
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Citigroup
Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is incorporated in Delaware. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. Citigroup is ranked 33rd on the ''Fortune'' 500 as of 2021. Citigroup has approximately 200 million customer ...
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Moses Taylor
Moses Taylor (January 11, 1806 – May 23, 1882) was a 19th-century New York merchant and banker and one of the wealthiest men of that century. At his death, his estate was reported to be worth $70 million, or about $ billion in today's dollars. He controlled the National City Bank of New York (later to become Citibank), the Delaware, Lackawanna & Western railroad, and the Moses Taylor & Co. import business, and he held numerous other investments in railroads and industry. Early life Taylor was born on January 11, 1806, to Jacob B. Taylor and Martha (née Brant) Taylor. His father was a close associate of John Jacob Astor and acted as his agent by purchasing New York real estate while concealing Astor's interest. Astor's relationship with the Taylor family provided Moses with an early advantage. Career At age 15, Moses Taylor began working at J. D. Brown shippers. He soon moved to a clerk's position in the firm of Gardiner Greene Howland and Samuel Howland's firm G. G. & S. ...
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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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Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card ...
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Samuel Osgood
Samuel Osgood (February 3, 1747 – August 12, 1813) was an American merchant and statesman born in Andover, Massachusetts, currently a part of North Andover, Massachusetts. His family home still stands at 440 Osgood Street in North Andover and his home in New York City, the Samuel Osgood House, served as the country's first Presidential mansion. He served in the Massachusetts and New York State legislatures, represented Massachusetts in the Continental Congress and was the fourth Postmaster General of the United States (the first under the current Constitution), serving during George Washington's first term. In 1812, he was elected the first president of the newly formed City Bank of New York, which later became Citibank, predecessor of today's Citigroup. Early life John Osgood came to Massachusetts from Andover in England in 1638. In 1646 he started a new settlement there and named it Andover for his home town. Four generations later, Captain Peter Osgood lived there a ...
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National Bank
In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency. In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia. By country Afghanistan Pashtany Bank is ...
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Thomas Bloodgood
Thomas Bloodgood (died 1843) was a president of City National Bank. Bloodgood was born in Flushing, New York Flushing is a neighborhood in the north-central portion of the New York City borough of Queens. The neighborhood is the fourth-largest central business district in New York City. Downtown Flushing is a major commercial and retail area, and the i ..., and was a member of the Bloodgood family dating back to Dutch ownership of New York. He was also a wine merchant at the Fulton Market and owned a nursery in Flushing. References 1843 deaths Citigroup people American bank presidents Year of birth missing {{US-business-bio-stub ...
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Isaac Wright (investor)
Isaac Wright (1760–1832) was an American Quaker investor who established the first scheduled trans-Atlantic shipping service between New York and England, and was a president of City National Bank from 1827 to 1832. Wright was born in East Norwich, Long Island on March 2, 1760, to John Wright, a blacksmith, and Phoebe Seaman (7 March 1733/34 – April 18, 1828), the daughter of Thomas Seaman. (An article in ''Harper's'' incorrectly identified him as English.) In 1817 Isaac and his son William founded the Black Ball Line along with merchants Francis Thompson (who married Isaac's daughter Mary) and Benjamin Marshall. The line, which had ships sailing once a month between New York City and Liverpool, was the first regularly scheduled shipping route in the United States. Up until that time ships sailed when they pleased. The advent of the regular schedule contributed heavily to New York becoming the dominant port in the United States. At the time, he lived at 8th Street and T ...
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William Few
William Few Jr. (June 8, 1748 – July 16, 1828) was an American Founding Father, lawyer, politician and jurist. He represented the U.S. state of Georgia at the Constitutional Convention and signed the U.S. Constitution. Few and James Gunn were the first U.S. Senators from Georgia. Born into a poor yeoman farming family, Few achieved both social prominence and political power later in life. Exhibiting those characteristics of self-reliance vital for survival on the American frontier, he became an intimate of the nation's political and military elite. The idea of a rude frontiersman providing the democratic leaven within an association of the rich and powerful has always excited the American imagination, nurtured on stories of Davy Crockett. In the case of the self-educated Few, that image was largely accurate. Few's inherent gifts for leadership and organization, as well as his sense of public service, were brought out by his experience in the American Revolutionary War. I ...
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Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an ...
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Wuhan NY City Bank
Wuhan (, ; ; ) is the capital of Hubei Province in the People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the ninth-most populous Chinese city and one of the nine National Central Cities of China. The name "Wuhan" came from the city's historical origin from the conglomeration of Wuchang, Hankou, and Hanyang, which are collectively known as the "Three Towns of Wuhan" (). Wuhan lies in the eastern Jianghan Plain, at the confluence of the Yangtze river and its largest tributary, the Han River, and is known as "Nine Provinces' Thoroughfare" (). Wuhan has historically served as a busy city port for commerce and trading. Other historical events taking place in Wuhan include the Wuchang Uprising of 1911, which led to the end of 2,000 years of dynastic rule. Wuhan was briefly the capital of China in 1927 under the left wing of the Kuomintang (KMT) government. The city later served as ...
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