Roberto Calvi was an Italian banker, dubbed "God's Banker" by the press because of his close business dealings with the Holy See. He was a native of Milan and was chairman of Banco Ambrosiano, which collapsed in one of Italy's biggest political scandals.
Franklin Square is a hamlet and census-designated place (CDP) in the Town of Hempstead in Nassau County, on Long Island, New York, United States. The population was 30,903 at the time of the 2020 census.
The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this has been increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the government of the United States, and according to the FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds".
In the United States, banking had begun by the 1780s, along with the country's founding. It has developed into a highly influential and complex system of banking and financial services. Anchored by New York City and Wall Street, it is centered on various financial services, such as private banking, asset management, and deposit security.
Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003.
The Banking Act of 1933 was a statute enacted by the United States Congress that established the Federal Deposit Insurance Corporation (FDIC) and imposed various other banking reforms. The entire law is often referred to as the Glass–Steagall Act, after its Congressional sponsors, Senator Carter Glass (D) of Virginia, and Representative Henry B. Steagall (D) of Alabama. The term "Glass–Steagall Act," however, is most often used to refer to four provisions of the Banking Act of 1933 that limited commercial bank securities activities and affiliations between commercial banks and securities firms. That limited meaning of the term is described in the article on Glass–Steagall Legislation.
Stefano Bontade was a powerful member of the Sicilian Mafia. His actual surname was Bontate. He was the boss of the Santa Maria di Gesù Family in Palermo. He was also known as the Principe di Villagrazia − the area of Palermo he controlled − and Il Falco. He had links with several powerful politicians in Sicily, and with prime minister Giulio Andreotti. In 1981 he was killed by the rival faction within Cosa Nostra, the Corleonesi. His death sparked a brutal Mafia War that left several hundred mafiosi dead.
Michele Sindona was an Italian banker and convicted felon. Known in banking circles as "The Shark", Sindona was a member of Propaganda Due (#0501), a secret Massonic lodge of the Grand Orient of Italy, and had clear connections to the Sicilian Mafia. He was fatally poisoned in prison while serving a life sentence for the murder of lawyer Giorgio Ambrosoli.
Giorgio Boris Giuliano was a police chief from Palermo, Sicily. He was the head of Palermo's Flying Squad. He was killed by the Sicilian Mafia while investigating heroin trafficking and money laundering. Not long before his death he had been one of the first Italian policemen to have attended the FBI academy at Quantico, Virginia. His son Alessandro became head of the Milan Flying Squad and arrested old guard Mafioso Gaetano Fidanzati in 2009; as part of the same operation, Gianni Nicchi was captured in Palermo.
Arthur Thomas Roth was an American banker.
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Power on Earth is a biography of Mafia-linked Italian banker and accused murderer Michele Sindona written by Nick Tosches. Based on his own in-depth research, including several interviews with Sindona himself while he was in prison awaiting trial, Tosches tells Sindona's rise from poor beginnings to becoming one of the world's most powerful bankers. It also details his connections with the Gambino crime family, the Vatican Bank, the Franklin National Bank in Long Island, New York, and the murder of Giorgio Ambrosoli, a lawyer overseeing the liquidation of his banks.
William M. "Bill" Isaac was the Chairman of the Federal Deposit Insurance Corporation (FDIC) from August 3, 1981 through October 21, 1985. He was appointed to the FDIC Board of Directors by President Jimmy Carter in 1978 at the age of 34 and was named Chairman of the FDIC in 1981 by President Reagan. In 1986, Isaac founded the regulatory consulting firm The Secura Group LLC which became part of FTI Consulting, Inc., a global consulting firm. Isaac served as Chairman of the Board of Fifth Third Bancorp from 2009 through 2014. Isaac left FTI Consulting at year end 2019 and joined The Isaac-Milstein Group as Co-Chairman with New York financier and philanthropist Howard Milstein who is Chairman & CEO of New York Private Bank & Trust which in turn owns Emigrant Bank. Isaac sits on a number of corporate boards (including New York Private Bank & Trust and Emigrant Bank and is Chairman of Sarasota Private Trust and Cleveland Private Trust and speaks and writes regularly on financial and regulatory issues.
Giorgio Ambrosoli was an Italian lawyer who was gunned down while investigating the malpractice of banker Michele Sindona.
Silicon Valley Bank (SVB) was a state-chartered commercial bank headquartered in Santa Clara, California. It operated branches in California and Massachusetts. The bank was the primary subsidiary of SVB Financial Group, a publicly traded bank holding company that had offices in 15 U.S. states and over a dozen international jurisdictions.
Un eroe borghese is a 1995 Italian historical drama film directed by Michele Placido. It is a dramatization of the downfall of the Michele Sindona's financial empire and of the subsequent Giorgio Ambrosoli's murder in 1979. The film won the David di Donatello for Best Producer and a special David di Donatello given to Placido for the "recognized narrative, artistic and civil value of his work".
Joseph M. Otting is an American businessman and government official. He served as the 31st Comptroller of the Currency from November 27, 2017 to May 29, 2020.
The Banking Act of 1935 passed on August 19, 1935, and was signed into law by the president, Franklin D. Roosevelt, on August 23. The Act changed the structure and power distribution in the Federal Reserve System that began with the Banking Act of 1933. The Act contained three titles.
Signature Bank was an American full-service commercial bank headquartered in New York City and with 40 private client offices in the states of New York, Connecticut, California, Nevada, and North Carolina. In addition to banking products, specialty national businesses provided services specific to industries such as commercial real estate, private equity, mortgage servicing, and venture banking; subsidiaries of the bank provided equipment financing and investment services. At the end of 2022, the bank had total assets of US$110.4 billion and deposits of $82.6 billion; as of 2021, it had loans of $65.25 billion.
