Word: banke
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Dates: during 1940-1949
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...making a research report on Fascism, Naziism, Socialism, Communism, the Atlantic Charter, Lend Lease, League of Nations, Moscow Conference, UNRRA, International Monetary Fund, Bank for Reconstruction and Development, Dumbarton Oaks Conference and proposals, Pan American Union, Good Neighbor Policy, San Francisco Conference, the United Nations Organization and charter. . . . 7 would appreciate it if you would send me any information you have on these subjects...
...temptation to let everything go was strong, but social conventions were stronger. Too many people were depending on him to deliver the goods. He could be cynical in his room, but when the chips were down, there was no sense in acting like the lost generation. The left bank of the Charles was not Paris. And nothing was ever overcome or improved by running away from...
Last week The Union Trust Co. proposed to change its name again. Richard King Mellon, third generation head of the Mellon family empire, announced that Union Trust planned to merge with Mellon National Bank. The new institution, to be known as Mellon National Bank and Trust Co., will give Pittsburgh its first $1 billion bank (16th largest bank in the U.S.). It also intends to give such other giants as Manhattan's Chase National and old A. P. Giannini's Bank of America some tough new competition for a bigger share of the nation's industrial loans...
Chief administrative officer of the new bank will be Frank R. Denton, who caught the eye of Andrew W. Mellon in 1929, when Denton was the youngest (24) bank examiner in the U.S. He proved himself as chief of the Mellbank Corp., a holding corporation for 18 Mellon-controlled Pennsylvania banks, and later as president of the Mellon Securities Corp...
Next step was to merge Mellon Securities with the First Boston Corp. (TIME, July 8)-a move which would free Denton for his new job. By these moves, the Mellons will broaden their interests in the investment field, end the competition in Pittsburgh between the two Mellon controlled banks, develop a top strategy group to run their empire. They were not pulling in their financial horns. Their contraction was only to expand further. Now streamlined, and with $1,200,000,000 in resources in their new bank alone, they are ready to step out into new investment fields. As Dick...