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On March 15, 1933, the first day of stock trading after the extended closure of Wall Street, the Dow Jones Industrial Average, gaining 8.26 points to close at 62.10; a gain of 15.34%. As of October 2024 [update] , the gain still stands as the largest one-day percentage price increase ever .
Provisions of the 1933 Banking Act that were later repealed or replaced include (1) Sections 5(c) and 19, which required an owner of more than 50% of a Federal Reserve System member bank's stock to receive a permit from (and submit to inspection by) the Federal Reserve Board to vote that stock (replaced by the Bank Holding Company Act of 1956 ...
Bank for Savings in the City of New-York; Bank of America Private Bank; Bank of American Samoa; Bank of Baltimore; Bank of Brandywine; Bank of Carthage (Missouri) Bank of Florida; Bank of Indiana; Bank of New England; Bank of New Orleans; Bank of Pennsylvania; Bank of the State of Georgia; Bank of the West; Bank of United States; The Bank of ...
Nash has been called "the most successful bank robber in U.S. history", but he is most noted for his violent death in what has become known as the Kansas City massacre in 1933. [2] [10] George "Baby Face" Nelson: 1908–1934 Lester Joseph Gillis, known under the pseudonym George Nelson, was a bank robber and murderer in the 1930s.
Riverside National Bank of Florida Fort Pierce: Florida: 2010 $3.4 billion $4.8 billion Midwest Bank and Trust Company Elmwood Park: Illinois: 2010 $3.2 billion $4.5 billion First National Bank, also operating as The National Bank of El Paso Edinburg: Texas: 2013 $3.1 billion $4.1 billion [15] Superior Bank Birmingham: Alabama: 2011 $3.0 billion
Bank of America closed 132 branches, while U.S. Bank closed 101 of them as of September. Wells Fargo was close behind with 92 closures, followed by 90 closures on Chase's part.
Born in West Virginia, Bailey robbed his first bank c. 1921 and his last in Kingfisher, Oklahoma, on September 9, 1933. [1] He was incarcerated in Dallas on July 8, 1932, until he escaped on June 1, 1933, [2] during a breakout in which the warden was kidnapped and used as a human shield.
Sen. Carter Glass (D–Va.) and Rep. Henry B. Steagall (D–Ala.-3), the co-sponsors of the Glass–Steagall Act. The sponsors of both the Banking Act of 1933 and the Glass–Steagall Act of 1932 were southern Democrats: Senator Carter Glass of Virginia (who by 1932 had served in the House and the Senate, and as the Secretary of the Treasury); and Representative Henry B. Steagall of Alabama ...