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It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations. [2] Volk retired in 1980 after the purchase of the bank by London-based Standard Chartered Bank in ...
The Banc of California was founded in 1941 as the Rohr Employees Federal Credit Union, serving employees of the Rohr Aircraft plant in Chula Vista, California. [6] [7] [8] The credit union was renamed the Pacific Trust Federal Credit Union in 1995, which itself was renamed the Pacific Trust Bank in 2000, becoming a mutually owned federal savings bank.
During the finalization of merger talks with the Royal Bank of Canada in May 1925, the Union Bank had 327 branches of which about 50 were at points of duplication with the Royal. [22] The Union Bank had 320 Canadian branches (204 in the Prairies) [2] at the time of absorption into the Royal that September. The 270 to remain open were rebranded.
7.0% $2.51 EBC 84 Atlantic Union Bank: Richmond, Virginia: $24 7.0% $2.74 AUB 85 Provident Bank of New Jersey: Jersey City, New Jersey: $24 7.0% $2.74 PFS 86 Bank of Hawaii: Honolulu, Hawaii: $23 7.0% $2.88 BOH 87 First Hawaiian Bank: Honolulu, Hawaii: $23 7.0% $2.92 FHB 88 Axos Financial: Las Vegas, Nevada: $23 7.0% $3.15 AX 89 Cathay Bank ...
Union Bank acquired the building in 1996 as part of its merger with Bank of California. [7] It was one of the first commercial buildings to be completed following the 1906 San Francisco earthquake, leading to a rebirth of the city's financial district. [8] Construction was based on the Knickerbocker Trust Company building in New York City. [9]
The bank reopened on October 2, 1875, with $2 million in gold coin on hand and Mills again president. [12] When the San Francisco clearing house was established in 1876, the city's leading banks, in order of importance, were the Bank of California, the Nevada Bank (opened in 1875 with McLane as president), J. & W. Seligman & Co. forerunners of ...
The Union Safe Deposit Bank was founded in Stockton, California, United States in April 1897. [ 1 ] [ 2 ] It was purchased in 2004 by the Bank of the West , and all its branches were converted to Bank of the West on January 24, 2005.
Union Bank of Switzerland, prior to its merger with Swiss Bank Corporation was the result of the combination of dozens of individual firms, many of which date to the 19th century. The following is an illustration of the company's major mergers and acquisitions and historical predecessors, although this is not necessarily a comprehensive list ...