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The firm was founded in 1968 as a division of Midland Bank after Midland's acquisition of Montagu Trust, owner of Samuel Montagu & Co. [2] The business was renamed HSBC Private Equity after HSBC acquired Midland Bank in 1992 and the Montagu name was revived when Montagu's management team acquired 80.1% of Montagu shares from HSBC in 2003. [3] [4]
The building was designed by Buffalo architects Green & Wicks and was completed by Lnquist and Illsey in April 1913 on the corner of Main and Seneca streets. [1] The building served as the headquarters for Marine Midland Bank before moving across the street into Buffalo's tallest building, One Seneca Tower.
The company was originally named Nationwide Exchange Services Corporation: it was founded in Silicon Valley in 2005. [4] In 2011 and again in 2012, Inc. Magazine's 500|5000 recognized NES Financial as one of the fastest-growing private companies in America with its three-year growth hitting 179%. [5]
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer and James M. Ganson of Buffalo.
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In 1967, the Midland Bank acquired a share in Montagu Trust, and so became the first British clearing bank to control a London merchant bank. Samuel Montagu & Co. became a wholly owned subsidiary in 1974, [3] and on completion of the acquisition Midland also gained a majority share in Guyerzeller Bank AG in Switzerland. Michael Samuel Rosenberg ...
Seneca One Tower is a 529-foot (161 m) skyscraper located in downtown Buffalo, New York.The building was formerly known as One HSBC Center (1999–2013) and prior to that, as Marine Midland Center (1972–1999), its name was changed in 1999 shortly after Marine Midland's parent company HSBC re-branded the bank as HSBC Bank USA. [2]
The Midland Group is an international trading and investment holding company. Registered in Guernsey under the name Midland Resources Holding Ltd , the group owns a number of subsidiaries across the agriculture , manufacturing , real estate , shipping and steel industries.