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Robert Savage (executive)
Robert A. Savage (born January 5, 1934) is an ex-president and chief executive of American Express Bank, becoming chairman in 1991. He joined American Express in 1965 from Barclays Bank, where he was deputy chief trader of foreign currency. He was born in London, and he was among the "Blitz Babies" evacuated from London during The Blitz. He received an MBA from Harvard Business School in 1975. He is also a past member of the Foreign Exchange Committee. During the Edmond Safra affair of the 1980s, he was part of a management group led by Bob Smith which was close to buying the Trade development Bank Trade Development Bank (TDB) was a private Geneva-based bank built by Edmond Safra, who also founded Brazil's sixth largest bank, Banco Safra, in the 1950s. Beginning with only US$1 million in funds, TDB grew into the flagship of Safra’s interna ... and American Express Bank for $600 million. The bank's largest clients had been approached, and they were convinced they could ...
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Robert Savage (1972)
Robert Savage or variants may refer to: * Robert Savage (executive) (born 1934), president and chief executive of American Express *Robert Savage (MP), Member of Parliament (MP) for City of York *Robbie Savage (born 1974), Welsh international football player and pundit * Robbie Savage (footballer, born 1960), English football player * Robbie Savage (football fan) (1967–2017), former mascot of the Namibian national football team *Robert Savage (Australian politician) (1895–1959), member of the New South Wales Legislative Council *Ted Savage (footballer) (1912–?), full name Robert Edward Savage, English footballer who played for Liverpool F.C. *Robert Savage (cricketer) (born 1960), former English cricketer *R. J. G. Savage (1927–1998), British palaeontologist *Bob Savage John Robert Savage (December 1, 1921 – July 26, 2013) was a professional baseball pitcher. He played for the Philadelphia Athletics and St. Louis Browns of Major League Baseball (MLB) in parts of five s ...
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American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, in ...
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Barclays Bank
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. Barclays has a pr ...
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ...
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The Blitz
The Blitz was a German bombing campaign against the United Kingdom in 1940 and 1941, during the Second World War. The term was first used by the British press and originated from the term , the German word meaning 'lightning war'. The Germans conducted mass air attacks against industrial targets, towns, and cities, beginning with raids on London towards the end of the Battle of Britain in 1940 (a battle for daylight air superiority between the Luftwaffe and the Royal Air Force over the United Kingdom). By September 1940, the Luftwaffe had lost the Battle of Britain and the German air fleets () were ordered to attack London, to draw RAF Fighter Command into a battle of annihilation.Price 1990, p. 12. Adolf Hitler and Reichsmarschall Hermann Göring, commander-in-chief of the Luftwaffe, ordered the new policy on 6 September 1940. From 7 September 1940, London was systematically bombed by the Luftwaffe for 56 of the following 57 days and nights. Most notable was a large d ...
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Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French ''Ecole d ...
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Foreign Exchange Committee
The Foreign Exchange Committee, founded in 1978, is an industry group that provides guidance and leadership to the global foreign exchange market. The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York. Aware of the strong integration of the global foreign exchange market, the FXC is also an active partner to other foreign exchange committees and industry associations worldwide. Objectives The FXC’s objectives include: *serving as a forum for the discussion of good practices and technical issues in the FX market, *fostering improvements in risk management in the FX market by offering recommendations and guidelines, and *supporting actions that facilitate greater contractual certainties for all parties active in foreign exchange. Management Foreign Exchange Committee is managed by a Committee of maximum 35 members. Members are chosen based upon stature wi ...
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Edmond Safra
Edmond J. Safra ( ar, ادموند يعقوب صفرا; 6 August 1932 – 3 December 1999) was a Lebanese-Brazilian banker who continued the family tradition of banking in Brazil and Switzerland. He was married to Lily Watkins from 1976 until his death. He died in a fire that attracted wide media interest, and was judicially determined to be due to arson. Biography The Safra family came from Beirut, Lebanon and is of Sephardic Jewish background originally from Lebanon and Aleppo. Edmond's father, Jacob Safra, had opened the J. E. Safra Bank in 1920 in Beirut and in 1929 it became the Banque Jacob E. Safra which in 1956 changed its name to Banque de Credit National S.A.L. (BCN). By the time he was sixteen, Edmond Safra was working at his father's bank in Beirut, engaged in the precious metals and foreign exchange aspects of the business. In 1949, the family moved from Lebanon to Italy, where he worked for a trading company in Milan. When he was 16, he earned $40 million durin ...
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Trade Development Bank
Trade Development Bank (TDB) was a private Geneva-based bank built by Edmond Safra, who also founded Brazil's sixth largest bank, Banco Safra, in the 1950s. Beginning with only US$1 million in funds, TDB grew into the flagship of Safra’s international banking empire, with nearly US$5 billion in deposits by the early 1980s. TDB's mode of banking was different from much of that done in the Western world, as it relied on intimacy and familiarity with depositors' personalities rather than balance sheets and hard numbers. In 1983, Safra sold TDB for US$550 million to American Express. The acquisition was part of a plan by American Express chairman Jim Robinson to break into the private depositor banking industry; TDB was intended to be the third arm of American Express's financial empire, reaching wealthy, international private depositors. In exchange for TDB, Safra was inducted to the board of American Express. However, TDB quickly realized that American Express was unable to uphol ...
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American Express Bank
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, including ...
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James D
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Tho ...
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1934 Births
Events January–February * January 1 – The International Telecommunication Union, a specialist agency of the League of Nations, is established. * January 15 – The 8.0 1934 Nepal–Bihar earthquake, Nepal–Bihar earthquake strikes Nepal and Bihar with a maximum Mercalli intensity scale, Mercalli intensity of XI (''Extreme''), killing an estimated 6,000–10,700 people. * January 26 – A 10-year German–Polish declaration of non-aggression is signed by Nazi Germany and the Second Polish Republic. * January 30 ** In Nazi Germany, the political power of federal states such as Prussia is substantially abolished, by the "Law on the Reconstruction of the Reich" (''Gesetz über den Neuaufbau des Reiches''). ** Franklin D. Roosevelt, President of the United States, signs the Gold Reserve Act: all gold held in the Federal Reserve is to be surrendered to the United States Department of the Treasury; immediately following, the President raises the statutory gold price from ...
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