Word: bankes
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Dates: during 1920-1929
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...late Henry Pomeroy Davison founded the Bankers Trust in 1903. He was then the energetic and radiant vice president of the First National Bank in Manhattan and the friend of many an important personage of Wall Street. When he gave a dinner it was well attended. At one such dinner he presented his idea of a trust company that would not compete for business with commercial banks; but would act as the fiduciary agent for state and national banks throughout the country, and would accept as deposits the reserve funds of other banks...
...idea was good; the trust company was formed with the liveliest and most aggressive young men of New York's financial district on its board of directors. Mr. Davison's banking sagacity and charm had brought them together. He acted as their chairman; Edmund C. Converse of the Liberty National Bank, where ten years before Davison had himself got his first important Manhattan banking job, went to the Bankers Trust as president. Thomas W. Lament was secretary & treasurer...
Early last year, and just before the passage of the McFadden Branch Banking Act which permitted national banks to operate branch offices (TIME, March 7, 1927), Mr. Giannini consolidated his Bank of Italy (101 branches) with the then newly formed Liberty Bank of America (175 branches). The result was the Bank of Italy National Trust & Savings Association with capital of $30,000,000, resources of $115,000,000. The business of its offices, now nearly 300, all in California, requires that one board of management sit constantly in San Francisco, and another in Los Angeles. James Augustus Bacigalupi is president...
...anyone may regard at leisure the groomed, handsome visage of Clarence Hungerford Mackay in any of the thousands of offices of the Postal Telegraph Co. His father, the late John W. Mackay, rough-palmed Irish '49er, found gold in California river beds and bequeathed its power in bank directorates, cable companies, cash. Son Clarence, polished by European tutors and universities, is less the director of 58 corporations than the member of 27 clubs. To his guest, Edward of Wales, he could display with dignity the world's finest collection of armor, which lines his great halls on Long...
...meanings, heard both within and without," the New England Council was formed in 1925 at a meeting of businessmen and governors of the six New England states. Last fortnight, this "stimulating and coordinating agency" assembled in Providence, R.I. Its president, John Silsbee Lawrence, 49, Boston dry goods merchant, bank director, member of the Society for Prevention of Cruelty to Animals, pointed with pride to the accomplishments and plans...