Word: bankes
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Dates: during 1920-1929
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...Broadway, Manhattan, stands the home bank of Guaranty Trust Co., U. S. billion-dollar bank. At No. 31 Nassau St., Manhattan, stands the home bank of National Bank of Commerce, U. S. almost-billion-dollar bank. Should a ghost with the gift of flitting through walls flit through the rear wall of Guaranty Trust and continue flitting, it would flit through the rear wall of National Bank of Commerce. For these two great U. S. banks stand back to back. Between them they own almost the entire block bounded by Broadway and Nassau, Cedar, Liberty Streets...
Last week came announcement of the long-rumored merger of Guaranty Trust and National Bank of Commerce (TIME, Feb. 11). Probably a skyscraper will soon be erected on the joint site. With Guaranty Trust already fourth largest and National Bank of Commerce ninth largest among U. S. banks, the merger-bank will pass National City and Chase National, will stand as largest U. S. bank, as first U. S. bank with assets approximating two billions. From the standpoint of capital and surplus the merger-bank will be also world's largest. From the standpoint of deposits and total assets, London...
Vital statistics of Guaranty Trust, of National Bank of Commerce...
Guaranty Trust Nat'l Bank of Commerce...
...Morgan Banks. Both Guaranty Trust and National Bank of Commerce have connections with the House of Morgan, with the Morgan influence especially strong in Guaranty Trust. It was the late great Morgan Partner Henry P. Davison, who, in 1909, began Guaranty's period of swift expansion. Thomas W. Lamont and George Whitney are present Guaranty Morganites. President of Guaranty Trust is blond William Chapman Potter, onetime mining engineer; Chairman of its Board is swarthy Charles Hamilton Sabin, onetime Massachusetts farm-boy. They are brothers-in-law, their wives being daughters of the late Paul Morton, Roosevelt's Secretary...