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It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations. [2] Volk retired in 1980 after the purchase of the bank by London-based Standard Chartered Bank in ...
In the early 1990s the Nigerian Government started a policy of privatization of state owned assets, which resulted in 1993 in both the Government and Barclays selling their remaining stakes in the bank to the public at large, thus creating a truly publicly owned bank. In 2020, Union Bank UK was divested and spun out of the Union Bank of Nigeria ...
This page was last edited on 8 September 2024, at 16:34 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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Union Bank Plaza was also acquired by Waterbridge Capital for roughly $110,000,000 in March 2023. [ 6 ] Currently the 22nd tallest building in Los Angeles, the complex was named a Los Angeles Historic Cultural Monument in 2020, the first skyscraper in Los Angeles to earn that distinction.
The Financial District was created by the Los Angeles Community Redevelopment Agency to provide an alternative to the old Spring Street Financial District, which fell into decline in the second half of the 20th century. Demand for apartments in downtown Los Angeles surged in 2010 and the years following.
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Aon Center was originally named the United California Bank Building from its completion in 1973 until 1981, when it became First Interstate Tower.During the 1984 Summer Olympics, the 1984 Olympics logo was displayed on the north and south sides of the building's crown, as First Interstate Bank was a major sponsor of the games.