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Five years later, in 1982, Republic Bank & Trust Company was founded and headquartered in Louisville, Kentucky. In 1983, Republic Bank & Trust Company acquired Republic Savings Bank in Benton, Kentucky. In 1994, all three banks were merged under the Republic Bank & Trust Company name. Throughout the 1980s and 1990s the bank opened several ...
Bank One Corporation was an American bank founded in 1968 and at its peak the sixth-largest bank in the United States. It traded on the New York Stock Exchange under the stock symbol ONE. The company merged with JPMorgan Chase & Co. on July 1, 2004, with its CEO Jamie Dimon taking the lead at the combined company.
In September 2014, the bank acquired 41 more Citigroup branches, adding $2.3 billion in deposits. [62] In June 2015, the bank acquired Bank of Kentucky for $363 million, which added $1.9 billion in assets and gave BB&T a presence in the Northern Kentucky-Cincinnati market and its first branches in Ohio. [63]
In a court filing, Broadbent stated the company had experienced a “significant liquidity crisis” due to lower-than-expected crop yields, “higher-than-expected costs, and tightening of the ...
The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, was 2.2% for the 12 months ended in July, a stark pullback from the 2.7% increase registered ...
Image source: The Motley Fool. Buffett just made his biggest stock sale in history. Buffett sold over $77 billion worth of stocks in Q2. That far exceeds any amount Buffett has ever sold in any ...
Bank Stock of the Bank of England, issued 25 January 1876. The Bank Charter Act 1844 tied the issue of notes to the gold reserves and gave the Bank of England sole rights with regard to the issue of banknotes in England. Private banks that had previously had that right retained it, provided that their headquarters were outside London and that ...
Briscoe v. Bank of Kentucky, 36 U.S. (11 Pet.) 257 (1837), was a decision of the Supreme Court of the United States involving the intersection of states' rights and monetary policy. In an opinion by Justice John McLean, the Court held that a bank under the de facto control of the state of Kentucky could issue banknotes without violating a ...
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