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In 1967, the Cleveland Trust Company announced plans to build an office tower on E. 9th Street adjacent to the Cleveland Trust Company Building. Known as the Cleveland Trust Tower , the 29-story office tower was designed by architect Marcel Breuer in the Brutalist architectural style and completed in October 1971. [ 88 ]
In 2004, KeyCorp management creating a functional unit and rebranded McDonald as "McDonald Financial Group," precipitating another new logo to be placed on the top of the building. However, the building remained McDonald Investments Center. The building was acquired by IPC US Real Estate Investment Trust, a Toronto-based firm in July 2002 for $45M.
The origins of Victory Capital are traced back to Cleveland Trust, a bank that was established in 1894 in Cleveland, Ohio with $500,000 in capital. In 1903, it merged with the Western Reserve Trust Company. [2] [3]
The company also sold its stake in the Brooklyn Nets and the Barclays Center to Mikhail Prokhorov, [10] sold its military housing division to Hunt Companies for $208.8 million, [11] sold Terminal Tower to K&D Group for $38.5 million, [12] and sold 7.7 acres and 8 buildings in Cleveland to an investor group for $3.5 million. [13]
Ameritrust was the successor to Cleveland Trust Company, which was Ohio's largest bank during the 1940s through the late 1970s. [12] [13] The AmeriTrust deal established Society as a large regional bank. However, its footing became unsteady due to bad real estate loans, forcing the resignation of AmeriTrust chairman Jerry V. Jarrett in 1990. [14]
TMF Group B.V. (Trust Management Finance) is a Dutch multinational professional services firm headquartered in Amsterdam, Netherlands, providing accounting, tax, HR administration and global payroll services. As of October 2023, the company has 125 offices, 86 jurisdictions, and employs 10,000 people.
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National City branch in Springboro, Ohio.. National City Bank was founded on May 17, 1845, when a group of Cleveland, Ohio businessmen pooled $50,000 to organize the City Bank of Cleveland, the first bank opened under the Ohio Bank Act of 1845 in a small town with no gas, electricity, public waterworks, or railroad. [8]