Banco Di Sconto E Sete
The ''Banco di Sconto e Sete'' () was an Italian credit institution based in Turin, created in 1863 by merger of two previous banks, the ''Cassa di Sconto di Torino'' (, est. 1853) and ''Banco Sete'' (, est. 1857). It failed in the severe Italian banking crisis of the early 1890s, was placed into liquidation in 1892, with its remaining assets and liabilities eventually absorbed into the Società Bancaria Italiana in 1904. Overview The ''Casse di Sconto'' were part of a plan outlined by Cavour to complement the role of the money-issuing National Bank of the Sardinian States with specialized discount banks. The ''Cassa di Sconto'' of Turin was established on , with financial support from the National Bank. Its branch in Genoa became an autonomous affiliate in 1856. The ''Cassa di Sconto di Torino'' started activity with initial capital of one million lire and seat in Palazzo Pallavicino Mossi in Turin, today via Santa Teresa 11. It was authorized to discount trade bills, grant ad ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Turin
Turin ( , Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital from 1861 to 1865. The city is mainly on the western bank of the Po River, below its Susa Valley, and is surrounded by the western Alpine arch and Superga Hill. The population of the city proper is 847,287 (31 January 2022) while the population of the urban area is estimated by Eurostat to be 1.7 million inhabitants. The Turin metropolitan area is estimated by the OECD to have a population of 2.2 million. The city used to be a major European political centre. From 1563, it was the capital of the Duchy of Savoy, then of the Kingdom of Sardinia ruled by the House of Savoy, and the first capital of the Kingdom of Italy from 1861 to 1865. Turin is sometimes called "the cradle of Italian liberty" for having been the political and intellectual centre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Società Bancaria Italiana
The ''Società Bancaria Italiana'' (SBI, ) was a significant Italian bank, based in Milan. It was established in 1904 by renaming of ''Società Bancaria Milanese'' (1898–1904), itsel the successor of ''Figli Weill Shott & C.'' (1850–1898). In the early 20th century, it was one of Italy's four dominant universal banks, together with Banca Commerciale Italiana, Credito Italiano, and Banco di Roma. After narrowly surviving financial distress in 1907 thanks to government intervention, the SBI merged in 1915 with the to form the Banca Italiana di Sconto. Overview The origins of the SBI go back to 1850 when brothers Alberto, Cimone and Filippo Weill Schott, descendants of a family of Jewish bankers originally from Austria, co-founded Figli Weill Shott & C. in Milan. On , that family bank was reorganized as , a joint-stock company with a share capital of 4 million lire. In 1901, the bank's longstanding president Alberto Weill Schott (1837–1901) died suddenly and was replaced by C ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Camillo Benso, Count Of Cavour
Camillo Paolo Filippo Giulio Benso, Count of Cavour, Isolabella and Leri (, 10 August 1810 – 6 June 1861), generally known as Cavour ( , ), was an Italian politician, businessman, economist and noble, and a leading figure in the movement towards Italian unification. He was one of the leaders of the Historical Right and prime minister of the Kingdom of Piedmont–Sardinia, a position he maintained (except for a six-month resignation) throughout the Second Italian War of Independence and Giuseppe Garibaldi's campaigns to unite Italy. After the declaration of a united Kingdom of Italy, Cavour took office as the first prime minister of Italy; he died after only three months in office and did not live to see the Roman Question solved through the complete unification of the country after the Capture of Rome in 1870. Cavour put forth several economic reforms in his native region of Piedmont, at that time part of the Kingdom of Sardinia, in his earlier years and founded the politic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Bank Of The Sardinian States
The National Bank of the Kingdom of Italy (), known from 1850 to around 1870 as the National Bank of the Sardinian States (), was a bank of issue of the Kingdom of Sardinia then the Kingdom of Italy after unification in 1861. Despite its name, it had no monopoly on money issuance, in a financial system that proved prone to instability. It was successively headquartered in Genoa (1850-1853), Turin (1850-1865), Florence (1865-1873), and Rome (1873-1893). Following the controversial failure of Banca Romana, the National Bank was eventually merged with several peers in 1893 to form the Bank of Italy. Background The first decades of the 19th century saw a number of note-issuing banks created on a local basis, reflecting the political fragmentation of Italy and similar to experiences in other parts of Europe such as Germany or Belgium. These banks differed from 20th-century central banks as they maintained commercial banking operations in addition to those ling with their monetary rol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Genoa
Genoa ( ; it, Genova ; lij, Zêna ). is the capital of the Regions of Italy, Italian region of Liguria and the List of cities in Italy, sixth-largest city in Italy. In 2015, 594,733 people lived within the city's administrative limits. As of the 2011 Italian census, the Province of Genoa, which in 2015 became the Metropolitan City of Genoa, had 855,834 resident persons. Over 1.5 million people live in the wider metropolitan area stretching along the Italian Riviera. On the Gulf of Genoa in the Ligurian Sea, Genoa has historically been one of the most important ports on the Mediterranean Sea, Mediterranean: it is currently the busiest in Italy and in the Mediterranean Sea and twelfth-busiest in the European Union. Genoa was the capital of Republic of Genoa, one of the most powerful maritime republics for over seven centuries, from the 11th century to 1797. Particularly from the 12th century to the 15th century, the city played a leading role in the commercial trade in Euro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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James Mayer De Rothschild
James Mayer de Rothschild, Baron de Rothschild (born Jakob Mayer Rothschild; 15 May 1792 – 15 November 1868) was a German-French banker and the founder of the French branch of the Rothschild family. Early life James de Rothschild was born in Frankfurt-am-Main, then part of the Holy Roman Empire. He was the fifth son and youngest child of Mayer Amschel Rothschild (1744–1812) and Guttle Schnapper (1753–1849). Career In 1812, he moved to Paris to co-ordinate the purchase of specie and bullion for his brother Nathan Mayer Rothschild (1777–1836), and in 1814 and 1815 he was the linchpin in Nathan's plan to furnish Wellington's armies with funds. In 1817 he expanded the family banking empire to the city, opening De Rothschild Frères. By 1823 the Paris House was firmly established as banker to the French government. An adviser of ministers and kings, he became the most powerful banker in the country and following the Napoleonic Wars, played a major role in financing th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Credito Mobiliare
The ''Società generale di credito mobiliare italiano'' (), often referred to simply as ''Credito Mobiliare'', was a major Italian bank in the last third of the 19th century. It was established in 1863 in Turin with support from the Pereire brothers, succeeding a previous venture, the ''Cassa del Commercio e dell'Industria di Torino'' (), which had been founded in 1852 and had been supported by the French Rothschilds in the late 1850s. The Credito Mobiliare failed to survive the major Italian financial crisis of the early 1890s and was liquidated in 1893. Some of its operations were re-organized as the Banca Commerciale Italiana, marking the transition from French to German influence in Italian investment banking. History The was established in 1852 and reorganized in 1856 with support from Paris-based financier James Mayer de Rothschild, who wanted to pre-empt efforts by his French competitors the Pereire brothers to expand on the Italian market. That effort, however, did ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banca Generale
The ''Banca Generale'' () was a major Italian investment bank between its founding in 1871 and its bankruptcy in 1894. History The Banca Generale was founded in 1871 in Milan and started operations in 1872. Its headquarters were located in Rome, and its backers included two interrelated European financial families, the Bischoffsheims and Goldchmidts; Vienna-based Unionbank; and Italian bankers from Milan, Trieste and Turin, such as the Weill-Schott and Morpurgo families. Together with the Credito Mobiliare, the Banca Generale dominated the Italian investment banking market in the 1870s and 1880s, and the two were the dominant financial institutions in Italy other than the country's six banks of issue. The Banca Generale eventually went bankrupt on , in a context of financial fragility following the domestic Banca Romana scandal and international panic of 1893. Former executives at Banca Generale moved to leading positions in other banks, namely at Banca Commerciale Ital ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banca Tiberina
The Banca Tiberina () was an Italian credit institution based in Turin, created in 1877. With much of its activity tied to property development, it collapsed in the severe Italian banking crisis of the early 1890s, and was placed into liquidation in 1895. History In the 1860s, Swiss banker Ulrich Geisser and Giacomo Servadio built a network of companies that became centered on the Banca Italo-Germanica, which they established in 1871. In the wake of the panic of 1873, however, some of their developments became unviable and needed restructuring. The Banca Tiberina was established by Geisser and Servadio on and absorbed the former operations of the Banca Italo-Germanica. It soon involved itself in ambitious urban development projects, particularly in Turin, Rome, and Naples. In 1884, it purchased the historic on the northern side of Largo di Torre Argentina, and made it its Roman seat in 1886 following extensive renovation. With the property downturn of the late 1880s, the ba ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banca Di Credito Italiano
The ''Banca di Credito Italiano'' () was a significant investment bank in late 19th-century Italy. It was founded in Turin on as the Italian affiliate of Paris-based Crédit Industriel et Commercial, itself recently established in 1859. As such, it was one of the earliest joint-stock banks established in the new Kingdom of Italy. In 1865 it relocated its head office to Florence, the kingdom's temporary capital, and in 1874 to Milan. In 1892, it was acquired by the Credito Mobiliare, which however went bankrupt the next year. Its shares were quoted on the Milan Stock Exchange from 1863 to 1893. See also * Credito Mobiliare * Banca Generale * Banco di Sconto e Sete The ''Banco di Sconto e Sete'' () was an Italian credit institution based in Turin, created in 1863 by merger of two previous banks, the ''Cassa di Sconto di Torino'' (, est. 1853) and ''Banco Sete'' (, est. 1857). It failed in the severe Italian ... Notes Defunct banks of Italy {{bank-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Defunct Banks Of Italy
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product An end-of-life product (EOL product) is a product at the end of the product lifecycle which prevents users from receiving updates, indicating that the product is at the end of its useful life (from the vendor's point of view). At this stage, a ... * Obsolescence {{Disambiguation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1863 Establishments In Italy
Events January–March * January 1 – Abraham Lincoln signs the Emancipation Proclamation during the third year of the American Civil War, making the abolition of slavery in the Confederate states an official war goal. It proclaims the freedom of 3.1 million of the nation's four million slaves and immediately frees 50,000 of them, with the rest freed as Union armies advance. * January 2 – Lucius Tar Painting Master Company (''Teerfarbenfabrik Meirter Lucius''), predecessor of Hoechst, as a worldwide chemical manufacturing brand, founded in a suburb of Frankfurt am Main, Germany. * January 4 – The New Apostolic Church, a Christian and chiliastic church, is established in Hamburg, Germany. * January 7 – In the Swiss canton of Ticino, the village of Bedretto is partly destroyed and 29 killed, by an avalanche. * January 8 ** The Yorkshire County Cricket Club is founded at the Adelphi Hotel, in Sheffield, England. ** American Civil War &ndas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |