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Equitable Life Insurance
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018. History The Equitable Life Assurance Society of the United States opened its headquarters at the Equitable Life Building in 1870 in the Financial District of Manhattan, with entrances facing Broadway, Pine Street, and Cedar Street. Aside from Henry Baldwin Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (vice president); George W. Phillips (actuary), who ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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NYC Equitable Building Before 1919 Postcard
New York, often called New York City (NYC), is the List of United States cities by population, most populous city in the United States, located at the southern tip of New York State on New York Harbor, one of the world's largest natural harbors. The city comprises boroughs of New York City, five boroughs, each coextensive with List of counties in New York, a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global city, global center of financial center, finance and Economy of New York City, commerce, Culture of New York City, culture, high technology, technology, The Entertainment Capital of the World, entertainment and Media in New York City, media, Academy, academics, and List of cities by scientific output, scientific output, the The arts, arts and fashion capital, fashion, and, as hom ...
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Henry Clay Frick
Henry Clay Frick (December 19, 1849 – December 2, 1919) was an American industrialist, financier, and art patron. He founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company and played a major role in the formation of the giant U.S. Steel manufacturing concern. He had extensive real estate holdings in Pittsburgh and throughout the state of Pennsylvania. He later built the Neoclassical Frick Mansion in Manhattan (now designated a U.S. National Historic Landmark), and upon his death donated his extensive collection of old master paintings and fine furniture to create the celebrated Frick Collection and art museum. However, as a founding member of the South Fork Fishing and Hunting Club, he was also in large part responsible for the alterations to the South Fork Dam that caused its failure, leading to the catastrophic Johnstown Flood. His vehement opposition to unions also caused violent conflict, most notably in the Homest ...
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James Hazen Hyde
James Hazen Hyde (June 6, 1876 — July 26, 1959) was the son of Henry Baldwin Hyde, the founder of The Equitable Life Assurance Society of the United States. James Hazen Hyde was twenty-three in 1899 when he inherited the majority shares in the billion-dollar Equitable Life Assurance Society. Five years later, at the pinnacle of social and financial success, efforts to remove him from The Equitable set in motion the first great Wall Street scandal of the 20th century, which resulted in his resignation from The Equitable and relocation to France. Early life James Hazen Hyde was born in New York City on June 6, 1876. He was the only surviving son of Henry Baldwin Hyde and Annie (née Fitch) Hyde. His older sister was Mary who was married to Sidney Dillon Ripley in 1886. After Ripley's death in 1905, she married banker Charles R. Scott in 1912. He graduated from the Cutler School, and received his degree from Harvard University in 1898. Hyde studied French history, language and li ...
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Austria
Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Austria, most populous city and state. Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has Austrians, a population of around 9 million. The area of today's Austria has been inhabited since at least the Paleolithic, Paleolithic period. Around 400 BC, it was inhabited by the Celts and then annexed by the Roman Empire, Romans in the late 1st century BC. Christianization in the region began in the 4th and 5th centuries, during the late Western Roman Empire, Roman period, followed by the arrival of numerous Germanic tribes during the Migration Period. A ...
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Vienna
Vienna ( ; ; ) is the capital city, capital, List of largest cities in Austria, most populous city, and one of Federal states of Austria, nine federal states of Austria. It is Austria's primate city, with just over two million inhabitants. Its larger metropolitan area has a population of nearly 2.9 million, representing nearly one-third of the country's population. Vienna is the Culture of Austria, cultural, Economy of Austria, economic, and Politics of Austria, political center of the country, the List of cities in the European Union by population within city limits, fifth-largest city by population in the European Union, and the most-populous of the List of cities and towns on the river Danube, cities on the river Danube. The city lies on the eastern edge of the Vienna Woods (''Wienerwald''), the northeasternmost foothills of the Alps, that separate Vienna from the more western parts of Austria, at the transition to the Pannonian Basin. It sits on the Danube, and is ...
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Innere Stadt
The Innere Stadt (; ; "Inner City") is the 1st municipal Districts of Vienna, district of Vienna () located in the center of the Austrian capital. The Innere Stadt is the old town of Vienna. Until the city boundaries were expanded in 1850, the Innere Stadt was congruent with the city of Vienna. Traditionally it was divided into four quarters, which were designated after important town gates: ''Stubenviertel'' (northeast), ''Kärntner Viertel'' (southeast), ''Widmerviertel'' (southwest), ''Schottenviertel'' (northwest). The Ringstraße circles the Innere Stadt along the route of the former Defensive wall, city walls. The first district is, with a workforce of 100,745, the largest employment locale in Vienna. This is partially due to tourism, as well as the presence of many corporate headquarters due to the district's central location. Geography Innere Stadt is the central district of Vienna. It borders Leopoldstadt in the northeast, Landstraße in the east, Wieden and Mariahil ...
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Stephansplatz, Vienna
The Stephansplatz is a square at the geographical centre of Vienna, Austria. It is named after its most prominent building, the Stephansdom, Vienna's cathedral and one of the tallest churches in the world. Before the 20th century, a row of houses separated Stephansplatz from Stock-im-Eisen-Platz, but since their destruction, the name Stephansplatz started to be used for the wider area covering both. To the west and south, respectively, run the exclusive shopping streets Graben (literally "ditch") and Kärntner Straße ("Kärnten" is the German for Carinthia). Opposite the Stephansdom is the Haas-Haus, a piece of striking modern architecture by Hans Hollein. Although public opinion was originally skeptical about the combination of the mediaeval cathedral and the glass and steel building, it is now considered an example of how old and new architecture can mix harmoniously . Stock im Eisen The ''Stock-im-Eisen'' ("staff in iron") is located at the corner of Kärntner Straà ...
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Palais Equitable
The Palais Equitable is an office building in Stock-im-Eisen-Platz (now part of Stephansplatz, Vienna, Stephansplatz) in the Innere Stadt of Vienna, Austria, that was built in the 19th century for The Equitable Life Assurance Society of the United States and that incorporates a medieval nail-tree (the Stock im Eisen) on one exterior corner. The building is on the site of five small medieval buildings that were demolished between 1856 and 1886, partly in order to expand Kärntner Straße. It was designed by Andreas Streit and constructed between 1887 and 1891. The Palais Equitable has a richly detailed façade featuring Bald eagle#National bird of the United States, American eagles. The Stock im Eisen, enclosed in glass, is in a niche on the Kärntner Straße corner of the building, and bronze reliefs by Rudolf Weyr on the main doors depict its history. The remainder of the ornamentation is by Viktor Oskar Tilgner and Johann Schindler. The interior is also extremely sumptuous: mar ...
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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 ...
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Society Of Actuaries
The Society of Actuaries (SOA) is a global professional organization for actuaries. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. It is a full member organization of the International Actuarial Association. Through education and research, the SOA promotes actuaries as leaders in the assessment and management of risk to enhance financial outcomes for individuals, organizations, and the public. The SOA's vision is for actuaries to be highly sought-after professionals who develop and communicate solutions for complex financial issues. The SOA provides primary and continuing education for students and practicing actuaries, maintains high professional standards for actuaries, and conducts research on actuarial trends and public policy issues. As a global organization, the SOA represents actuaries from all major areas of practice, including life and health insu ...
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