Word: bankes
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Dates: during 1920-1929
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...Williamsburg Savings Bank is the tallest building in Brooklyn, N. Y. Its deposits total $225,000,000. Passers-by were puzzled, last week, to see, high on the outer wall, a sculptured grotesque of a peterman (professional argot for bank- robber) with his dark lantern. Why should a bank thus honor its immemorial enemy? Further along was the moral answer, an other image of the peterman - behind the bars
When Charles Edwin Mitchell, head of Manhattan's National City Bank, was a young man he copied orders for the Western Electric Co. Making several carbon copies legible through the medium of a stub pen required a firm, indeed a strong, hand. Strong-handed, Banker Mitchell is also strongwilled. Last week he halted a collapse on the Stock Market, "slapped the Federal Reserve Board squarely in the face," heard Virginia's Senator Glass demand his resignation from the directorate of the Federal Reserve Bank of New York, announced the absorption of Farmers' Loan & Trust...
...discussed. Merger Mitchell. ''Very interesting," was all that Banker Mitchell said when told of the Glass attack. Mr. Mitchell's mind was occupied with an important matter - the merger of National City with Farmers' Loan and Trust. Announced early this week, the amalgamation created a banking institution with total resources of $2,100,000,000. Inasmuch as the Guaranty Trust-Bank of Commerce merger (TIME, March 4) had produced a bank with resources of $1,983,597,000, the National City-Farmers' Loan combination could match Guaranty-Commerce dollar for dollar with some...
Another example of two birds of different banking feather flocking together was furnished by last week's merging of Central Union Trust and Hanover National. Central Union handles more than a billion dollars in its' personal trust department, aside from its corporate trusts. Hanover National has been known as a "bankers' bank," being depository and correspondent for many an out-of-town institution. President of the merged institution (which will probably be called Central-Hanover) will be George Willets Davison,† Central Union president. Chairman of the Board will be William Woodward, Hanover president. Central-Hanover will...
...Merger of Harris Trust & Savings Bank with N.W. Harris & Co., both of Chicago, affords an extra-Manhattan precedent...