Jacob Valero
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Jacob Valero
Jacob Valero (1813–1874) was the founder of the first private bank in Palestine (region), Palestine, Jacob Valero & Company. In 1839, Jacob (Ya'akov) Valero appeared in Jewish communal records as a shochet, ritual slaughterer of the Sephardi community in Jerusalem. In 1849, he was described as a "talmid hakham" (scholar). In 1835, his profession was listed as "moneychanger." He opened his bank in 1848 in the Old City of Jerusalem and managed it until his death. The Valero Bank financed the building of a railway from Jaffa to Jerusalem. The Bank financed the building of the Prince Sergei Hostel in the Russian Compound and handled the money for Kaiser Wilhelm's grand entrance into Jerusalem in 1898. Valero was an Ottoman Empire, Ottoman subject until 1860, and then became a subject of the Austro-Hungarian Empire. The bank closed in 1915. See also *Chaim Aharon Valero, son of Jacob Valero. *Aaron Valero, great-grandson of Jacob Valero. Israeli physician and educator. References ...
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Private Bank
Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. Private banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China * Bank of Communications, founded in 1908 * China Merchants Bank France * Compagnie Financière Edmond de Rothschild, Paris, founded in 1953; a member of Edmond de Rothschild Group * Société Géné ...
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Palestine (region)
The region of Palestine, also known as historic Palestine, is a geographical area in West Asia. It includes the modern states of Israel and Palestine, as well as parts of northwestern Jordan in some definitions. Other names for the region include Canaan, the Promised Land, the Land of Israel, or the Holy Land. The earliest written record Timeline of the name Palestine, referring to Palestine as a geographical region is in the ''Histories (Herodotus), Histories'' of Herodotus in the 5th century BCE, which calls the area ''Palaistine'', referring to the territory previously held by Philistia, a state that existed in that area from the 12th to the 7th century BCE. The Roman Empire conquered the region and in 6 CE established the province known as Judaea (Roman province), Judaea. In the aftermath of the Bar Kokhba revolt (132–136 CE), the province was renamed Syria Palaestina. In 390, during the Byzantine period, the region was split into the provinces of Palaestina Prima, Pal ...
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Shochet
In Judaism, ''shechita'' (anglicized: ; ; ; also transliterated ''shehitah, shechitah, shehita'') is ritual slaughtering of certain mammals and birds for food according to ''kashrut''. One who practices this, a kosher butcher is called a ''shochet''. Biblical sources Deuteronomy 12:21 states that sheep and cattle should be slaughtered "as I have instructed you", but nowhere in the Torah are any of the practices of ''shechita'' described. Instead, they have been handed down in Rabbinic Judaism's Oral Torah, and codified in ''halakha''. Species The animal must be of a permitted species. For mammals, this is restricted to ruminants which have split hooves. For birds, although biblically any species of bird not specifically excluded in Deuteronomy 14:12–18 would be permitted, doubts as to the identity and scope of the species on the biblical list led to rabbinical law permitting only birds with a tradition of being permissible. Fish do not require kosher slaughter to be ...
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Jerusalem
Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and is considered Holy city, holy to the three major Abrahamic religions—Judaism, Christianity, and Islam. Both Israel and Palestine claim Jerusalem as their capital city; Israel maintains its primary governmental institutions there, while Palestine ultimately foresees it as its seat of power. Neither claim is widely Status of Jerusalem, recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Siege of Jerusalem (other), besieged 23 times, captured and recaptured 44 times, and attacked 52 times. According to Eric H. Cline's tally in Jerusalem Besieged. The part of Jerusalem called the City of David (historic), City of David shows first signs of settlement in the 4th ...
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Ottoman Empire
The Ottoman Empire (), also called the Turkish Empire, was an empire, imperial realm that controlled much of Southeast Europe, West Asia, and North Africa from the 14th to early 20th centuries; it also controlled parts of southeastern Central Europe, between the early 16th and early 18th centuries. The empire emerged from a Anatolian beyliks, ''beylik'', or principality, founded in northwestern Anatolia in by the Turkoman (ethnonym), Turkoman tribal leader Osman I. His successors Ottoman wars in Europe, conquered much of Anatolia and expanded into the Balkans by the mid-14th century, transforming their petty kingdom into a transcontinental empire. The Ottomans ended the Byzantine Empire with the Fall of Constantinople, conquest of Constantinople in 1453 by Mehmed II. With its capital at History of Istanbul#Ottoman Empire, Constantinople (modern-day Istanbul) and control over a significant portion of the Mediterranean Basin, the Ottoman Empire was at the centre of interacti ...
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Austro-Hungarian Empire
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russia) and the third-most populous (after Russia and the German Empire), while being among the 10 most populous countries worldwide. T ...
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Chaim Aharon Valero
Haim Aharon Valero (1845–1923) was a banker, entrepreneur and a prominent figure in the Jewish community of 19th century Jerusalem. Under his direction, the Valero Bank, founded in 1848 by his father Jacob, acted as catalyst in the development of the Jewish community under Ottoman rule. The bank's capital and financial services were employed in the acquisition of land and building, helping transform Jerusalem and nearby townships from stagnation and poverty towards the modernization of the 20th century. Biography Haim Aharon Valero was born in Jerusalem in 1845. He benefitted from a broader education, including five languages: French, Turkish, Arabic, Hebrew and Ladino (the language spoken by the Jews of Spain). At the age of fifteen he started working as clerk in the bank run by his father and by 1875 became the manager of the Jerusalem branch. By this time the bank had no other partners. In 1880, after the death of his older brother Joseph, he became director of the bank. Hai ...
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Aaron Valero
Aaron Valero (; 1913–2000) was an Israeli physician and educator who helped establish hospitals and medical schools, authored medical publications and contributed greatly to the advancement of medical education in Israel in the latter half of the 20th century. Biography Aaron Valero was born in Jerusalem to a distinguished Sephardi family which had settled in Palestine in the early 19th century and on his mother's side, in the late 15th century. His father, Chaim Aharon Valero, was a prominent Jerusalem banker. Valero's great-grandfather, Jacob Valero, established the first bank in Palestine. Jacob Saul Elyashar, the father of Valero's great-great-grandmother, had become Chief Rabbi of Palestine in 1893. Valero was the first to recognise and describe the outbreak of Bubonic Plague in Palestine ("Streptomycin in Bubonic Plague", ''British Medical Journal'', 29 May 1948, pp. 1026–1027). A year later, he observed the outbreak of Rocky Mountain spotted fever in Palest ...
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1813 Births
Events January–March * January 5 – The Danish state bankruptcy of 1813 occurs. * January 18– 23 – War of 1812: The Battle of Frenchtown is fought in modern-day Monroe, Michigan between the United States and a British and Native American alliance. * January 24 – The Philharmonic Society (later the Royal Philharmonic Society) is founded in London. * January 28 – Jane Austen's '' Pride and Prejudice'' is published anonymously in London. * January 31 – The Assembly of the Year XIII is inaugurated in Buenos Aires. * February – War of 1812 in North America: General William Henry Harrison sends out an expedition to burn the British vessels at Fort Malden by going across Lake Erie via the Bass Islands in sleighs, but the ice is not hard enough, and the expedition returns. * February 3 – Argentine War of Independence: José de San Martín and his Regiment of Mounted Grenadiers gain a largely symbolic victory agains ...
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1874 Deaths
Events January * January 1 – New York City annexes The Bronx. * January 2 – Ignacio María González becomes head of state of the Dominican Republic for the first time. * January 3 – Third Carlist War: Battle of Caspe – Campaigning on the Ebro in Aragon for the Spanish Republican Government, Colonel Eulogio Despujol surprises a Carlist force under Manuel Marco de Bello at Caspe, northeast of Alcañiz. In a brilliant action the Carlists are routed, losing 200 prisoners and 80 horses, while Despujol is promoted to Brigadier and becomes Conde de Caspe. * January 20 – The Pangkor Treaty (also known as the Pangkor Engagement), by which the British extend their control over first the Sultanate of Perak, and later the other independent Malay States, is signed. * January 23 – Prince Alfred, Duke of Edinburgh, second son of Queen Victoria, marries Grand Duchess Maria Alexandrovna of Russia, only daughter of Tsar Alexander III of Russia, in th ...
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19th-century Sephardi Jews
The 19th century began on 1 January 1801 (represented by the Roman numerals MDCCCI), and ended on 31 December 1900 (MCM). It was the 9th century of the 2nd millennium. It was characterized by vast social upheaval. Slavery was abolished in much of Europe and the Americas. The First Industrial Revolution, though it began in the late 18th century, expanded beyond its British homeland for the first time during the 19th century, particularly remaking the economies and societies of the Low Countries, France, the Rhineland, Northern Italy, and the Northeastern United States. A few decades later, the Second Industrial Revolution led to ever more massive urbanization and much higher levels of productivity, profit, and prosperity, a pattern that continued into the 20th century. The Catholic Church, in response to the growing influence and power of modernism, secularism and materialism, formed the First Vatican Council in the late 19th century to deal with such problems and confirm ce ...
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Austro-Hungarian Sephardi Jews
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russia) and the third-most populous (after Russia and the German Empire), while being among the 10 most populous countries worldwide. T ...
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