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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.
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.
Chemical Bank & Trust Co. Corn Exchange Bank & Trust Co. Chemical Corn Exchange Bank: JPMorgan Chase: 1955 [11] Pennsylvania Company for Banking and Trust First National Bank: First Pennsylvania Banking and Trust Company [11] [12] [13] Wells Fargo: 1955 National City Bank of New York First National Bank of New York First National City Bank ...
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 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]
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In 1997, Midland Bank underwent a total rebrand to match its parent company, with its familiar griffin logo being dropped after 32 years in favour of the HSBC "hexagon" symbol, albeit with the "Midland Bank" name placed next to it. Midland Bank was renamed HSBC Bank in June 1999, as part of the adoption of the HSBC brand throughout the Group ...
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 ...