Word: trust
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Dates: during 1920-1929
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Large banks like to be the largest in some category. Until last week the Union Trust Co. of Cleveland had prided itself on being the largest bank between New York and Chicago. Also until last week the Peoples Wayne County Bank had prided itself on being the largest in Detroit. Now the status of both has changed. The Union Trust Co. of Cleveland has become the second largest between New York and Chicago; the Peoples Wayne County Bank is now but a part of the largest bank in Detroit. Largest between New York and Chicago and largest in Detroit will...
...concentrating U. S. bank control. Whirling daily at a faster rate, there are two main currents in the maelstrom. One is the expansion of single units through mergers and new branches. Of this last week's Detroit merger was an example, as was the Corn Exchange Bank and Trust Co.-National City Bank consolidation (TIME, Sept. 30). The other current is the grouping of separate units through one controlling corporation. Greatest examples of this are the Transamerica Corp., the Northwest Bancorporation, the First Bank Stock Corp., the Guardian Detroit Union group, the New Midland Marine Corp. (TIME, Sept...
Continental Illinois Bank & Trust...
Equitable Trust...
With this trust, lies the responsibility of which the present action of the Budget Committee, is significant, namely, the frequent publication of figures, the full release of information regarding all those activities in which the Council as the agent of the undergraduate is participating. A more intimate knowledge on the part of the undergraduate in the work of the Council would react to the mutual advantage of both parties...