| Description |
1 online resource |
| Contents |
Frontmatter -- Contents -- Foreword -- Overview of the Big 50 -- Introduction: A Brief History of Banking in America -- Banks, Holding Companies and Corporate Genealogies: Necessary Technical Talk -- The Big 50 -- Ally Financial -- American Express -- American International Group -- BancWest -- Bank of America -- Bank of New York Mellon -- BB & T -- BBVA Compass Bancshares -- BMO Financial -- BOK Financial -- Capital One Financial -- Charles Schwab -- CIT Group -- Citigroup -- City National -- Comerica -- Deutsche Bank -- Discover Financial -- E*Trade -- Fifth Third Bancorp -- First Niagara -- General Electric Capital -- Goldman Sachs -- HSBC North America -- Hudson City Bancorp -- Huntington Bancshares -- John Deere Capital -- JPMorgan Chase -- KeyCorp -- M & T Bank -- Morgan Stanley -- New York Community Bancorp -- Northern Trust -- People's United Financial -- PNC Financial Services -- Popular -- Principal Financial Group -- RBS-Citizens Financial -- Regions Financial -- Santander Holdings USA -- State Street -- SunTrust Banks -- Synovus Financial -- TD Bank US Holding -- U.S. Bancorp -- UnionBanCal -- USAA -- Utrecht-America Holdings -- Wells Fargo -- Zions Bancorporation -- Conclusion -- Illustration Credits -- Index -- Acknowledgments |
| Summary |
In this unique, well-illustrated book, readers learn how fifty financial corporations came to dominate the U.S. banking system and their impact on the nation's political, social, and economic growth. A story that spans more than two centuries of war, crisis, and opportunity, this account reminds readers that American banking was never a fixed enterprise but has evolved in tandem with the country. More than 225 years have passed since Alexander Hamilton created one of the nation's first commercial banks. Over time, these institutions have changed hands, names, and locations, reflecting a wave of mergers, acquisitions, and other restructuring efforts that echo changes in American finance. Some names, such as Bank of America and Wells Fargo, will be familiar to readers. The origins of others, including Zions Bancorporation, founded by Brigham Young and owned by the Mormon Church until 1960, are surprising. Exploring why some banks failed and others thrived, this book wonders, in light of the 2008 financial crisis, whether recent consolidations have reached or even exceeded economically rational limits. A key text for navigating the complex terrain of American finance, this volume draws a fascinating family tree for projecting the financial future of a nation |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (EBSCO, viewed October 9, 2015) |
| Subject |
Banks and banking -- United States.
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Investment banking -- United States
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Financial institutions -- United States
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BUSINESS & ECONOMICS -- Finance.
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Banks and banking
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Financial institutions
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Investment banking
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United States
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| Form |
Electronic book
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| Author |
Sylla, Richard Eugene, author
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Museum of American Finance.
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| ISBN |
9780231539210 |
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0231539215 |
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