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United Orient Bank (Chinese: 東方銀行; lit. 'Bank of the East / Eastern Bank') is an American bank established to serve the Chinese-American community of New York City. Headquartered in New York City , with branch offices in Chinatown, Manhattan , the bank is privately-held and claims itself as the first indigenous community bank in ...
A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, [1] and also properties, mortgage and cash equivalents
The Manhattan Chinatown is one of nine Chinatown neighborhoods in New York City, as well as one of twelve in the New York metropolitan area, which contains the largest ethnic Chinese population outside of Asia, enumerating an estimated 779,269 individuals as of 2013; [18] the remaining Chinatowns are located in the boroughs of Queens (up to ...
"This transaction complements the existing U.S. Bank municipal bond trustee business and will further strengthen our position as the #1 provider of municipal trustee and agency services in the ...
Cathay also acquired New Asia Bank in 2006. [13] On March 31, 2006, Cathay announced plans to acquire a 20% stake in the First Bank, but the deal fell through because the companies failed to get approval from the Chinese government. [14] On March 30, 2007, Cathay expanded into New Jersey when it completed its acquisition of United Heritage Bank.
The Bowery Savings Bank Building, also known as 130 Bowery, is an event venue and former bank building in the Little Italy and Chinatown neighborhoods of Lower Manhattan in New York City. Constructed for the defunct Bowery Savings Bank from 1893 to 1895, it occupies an L-shaped site bounded by Bowery to the east, Grand Street to the south, and ...
Indeed, bonds aren’t an exhilarating asset class. Whenever you hear about action in the bond market, it’s often about how it’ll affect the stock market. At the end of the day, it’s stocks ...
The State of New York Municipal Bond Bank Agency (MBBA) was a New York State public-benefit corporation founded in 1972 by the state legislature to offer municipalities increased access to the bond market by creating an alternate method by which they could sell their general obligation bonds. MBBA was authorized to issue up to $1 billion of its ...