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While NBD was the nominal survivor, the merged bank was headquartered in Chicago. In April 1998 First Chicago NBD announced a $30 billion merger with Banc One Corporation of Columbus, Ohio. Bank One was also a leading issuer of credit cards through its First USA division. [3] [4] Following the merger, the company was renamed Bank One ...
The National Bank of Detroit (NBD), later renamed NBD Bank, was a bank that operated mostly in the Midwestern United States. Following its merger with First National Bank of Chicago , the bank was ultimately acquired and merged into Bank One , at which point the NBD name was discontinued.
The City of Chicago granted the structure Chicago Landmark status on October 8, 2008. [4] The building's original tenant, the Sheridan Trust and Savings Bank, failed in 1931. Uptown National Bank began using the building in 1937. [5] The bank and the building were acquired by Bridgeview Bank in 2003. [6]
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71 South Wacker (previously known as the “Hyatt Center”) is an American office tower in Chicago completed in 2005. The 48-story skyscraper stands at 679 feet (207 m) on 71 South Wacker Drive.
In 1984, Chemical Bank filed a foreclosure action against David Paul, which Chemical eventually won. [5] Chemical announced that it would change the building's address from 666 N. Lake Shore Drive to 680 N. Lake Shore Drive effective May 1, 1988, officially as a way of dissociating the building from its past financial problems. [ 6 ]
Adams Street Partners was founded in 1972 as the growth equity division of First National Bank of Chicago, where it was known as First Chicago Investment Advisors. [ 2 ] [ 5 ] [ 6 ] In 1989, its CEO Gary P. Brinson led a $100 million management buyout of the division from First Chicago Corporation and spun it out as a separate firm named ...