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Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [13] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. [3][4] [citation needed] Travelers is incorporated in Minnesota, with headquarters in ...
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship. In 1820, there were 17 stock life insurance companies in the state of New York , many of which would subsequently fail.
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From 1993 to 2001, he was chief executive officer of American Express. [1][2][3] He served as chairman of the board at the Campbell Soup Company from November 2004 to July 2009. [1] He served as chairman of the American International Group (AIG). His resignation as AIG chairman was announced on July 16, 2010.
The Transamerica Pyramid in San Francisco. In October 1904, A.P. Giannini founded the Bank of Italy in San Francisco. [3] [4] In October 1928, Giannini created a holding company that he named the Transamerica Corporation, which owned Bank of America, Bank of Italy, Bancitaly Corporation, National Bankitaly Company, California Joint Stock Land Bank, and Banca d'America e d'Italia [], which gave ...
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