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In 1791, Congress chartered the First Bank of the United States. The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.
ShoreBank, a community-development bank in Chicago's South Shore neighborhood, was a part of the private sector fight against redlining. [51] Founded in 1973, ShoreBank sought to combat racist lending practices in Chicago's African-American communities by providing financial services, especially mortgage loans, to local residents. [52]
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
A month later, he and his gang netted $25,000 worth of jewelry from home invasions. On October 3, Nelson robbed the Itasca State Bank of $4,600; a teller later identified him as one of the robbers. Three nights later, he stole the jewelry of the wife of Chicago mayor Big Bill Thompson, valued at $18,000. She described her attacker, saying "He ...
Between 1870 and 1900, Chicago grew from a city of 299,000 to nearly 1.7 million and was the fastest-growing city in world history. Chicago's flourishing economy attracted huge numbers of new immigrants from Eastern and Central Europe, especially Jews, Poles, and Italians, along with many smaller groups.
Origin Ventures, the 22-year-old, early-stage, Chicago-based venture firm, just closed its fifth fund with $130 million in capital commitments, which makes the vehicle the firm's biggest. It wasn ...
B. Bank One Corporation. BMO Bank. Broadway Bank (Illinois) Byline Bank.
Halle Bros. Marshall Field & Company (commonly known as Marshall Field's) was an upscale department store in Chicago, Illinois. Founded in the 19th century, it grew to become a large chain before Macy's, Inc, acquired it in 2005. Its founder, Marshall Field, was a pioneering retail magnate.
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