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Union Bank of Jamaica in Jamaica was the result of a merger in 2000 of the business of four FINSAC controlled commercial banks and their three allied merchant banks, all seven of which sought Government intervention when faced with insolvency: Citizens Bank; Eagle Commercial Bank; Island Victoria Bank; Workers Savings & Loan Bank; Citizens Merchant Bank; Corporate Merchant Bank; and Island Life Merchant Bank. Citizens Bank had started in 1967 as Jamaica Citizens Bank, the first Jamaican-owned bank. The US bank, Citizens and Southern had taken a 49% stake, and local interests owned 51%. At some point Citizens & Southern was forced to sell its shares to local interests. Eagle Commercial Bank had been established in 1968, and Island Victoria Bank in 1993.
Jamaica is an island country situated in the Caribbean Sea. Spanning 10,990 square kilometres (4,240 sq mi) in area, it is the third-largest island of the Greater Antilles and the fourth-largest island country in the Caribbean. Jamaica lies about 145 kilometres (90 mi) south of Cuba, and 191 kilometres (119 mi) west of Hispaniola.
In 2001, Royal Bank of Trinidad and Tobago bought Union Bank of Jamaica. [1]
The Royal Bank of Trinidad and Tobago (RBTT) was a commercial bank based in Trinidad and Tobago and one of the largest commercial banking corporations in the Caribbean region. As of 2008 RBTT Holdings had a group asset base of over US$6.2 billion dollars. The RBTT group of companies operated several commercial banking businesses in other neighbouring islands, as well as various investment holdings in various parts of the Trinidad and Tobago economy. On 26 March 2008, RBTT Shareholders voted 98.18 percent in favour of selling the bank to the Royal Bank of Canada (RBC), who previously had divested the bank in 1987. On 16 June 2008, RBC completed the acquisition. RBTT Financial Holdings Limited and RBC Holdings Limited, a subsidiary of RBC, will amalgamate and continue as a wholly owned indirect subsidiary of RBC. The head office of the Caribbean operations for RBC will be located at Port of Spain, the capital of Trinidad and Tobago, and the site of RBTT's headquarters.
The British West Indies, sometimes abbreviated to the BWI, is a collective term for the British territories in the Caribbean: Anguilla, Bermuda, the Cayman Islands, Turks and Caicos Islands, Montserrat, the British Virgin Islands, The Bahamas, Barbados, Belize, Antigua and Barbuda, Dominica, Saint Kitts and Nevis, Grenada, Saint Lucia, Saint Vincent and the Grenadines, Guyana, Jamaica, and Trinidad and Tobago. Before the decolonization period in the later 1950's and 1960's it included all British colonies in the region, together with two mainland colonies, as part of the British Empire.
Jamaica Plain is a neighborhood of 4.4 square miles (11 km2) in the city of Boston, Massachusetts, USA. Founded by Boston Puritans seeking farm land to the south, it was originally part of the town of Roxbury. The community seceded from Roxbury as a part of the new town of West Roxbury in 1851, and became part of Boston when West Roxbury was annexed in 1874. In the 19th century, Jamaica Plain became one of the first streetcar suburbs in America and home to a significant portion of Boston's Emerald Necklace of parks, designed by Frederick Law Olmsted.
The Guano Islands Act is a United States federal law passed by the U.S. Congress that enables citizens of the United States to take possession, in the name of the United States, of unclaimed islands containing guano deposits. The islands can be located anywhere, so long as they are not occupied and not within the jurisdiction of another government. It also empowers the President of the United States to use the military to protect such interests and establishes the criminal jurisdiction of the United States in these territories.
Whenever any citizen of the United States discovers a deposit of guano on any island, rock, or key, not within the lawful jurisdiction of any other Government, and not occupied by the citizens of any other Government, and takes peaceable possession thereof, and occupies the same, such island, rock, or key may, at the discretion of the President, be considered as appertaining to the United States.
The Royal Bank of Canada (RBC) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 16 million clients and has 80,000 employees worldwide. The bank was founded in 1864 in Halifax, Nova Scotia, while its corporate headquarters are located in Toronto, Ontario. RBC's Institution Number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.
The Atlantic Branch is an electrified rail line owned and operated by the Long Island Rail Road in the U.S. state of New York. It is the only LIRR line that runs in the borough of Brooklyn.
The term British West Indies refers to the former English and British colonies and the present-day overseas territories of the United Kingdom in the Caribbean.
Canada–Caribbean relations are the long established relationships between Canada and the many states of the Caribbean or West Indies. These ties have been on-going throughout the history of both regions. Initially these relations were based on the policies of European colonial powers in the Americas. More recently, both Canada and most of the Caribbean islands have achieved self-government, putting their relations into a different phase. CARICOM diplomats have referred to Canada as a '"special friend" of the Caribbean at the regional and bilateral levels.'
The Montauk Branch is a rail line owned and operated by the Long Island Rail Road in the U.S. state of New York. The branch runs the length of Long Island, 115 miles (185 km) from Long Island City on the west to Montauk on the east. However, in LIRR maps and schedules for public use the term Montauk Branch refers to the line east of Babylon; the line west of there is covered by Babylon Branch schedules to Jamaica.
The Sassoon family, known as "Rothschilds of the East" due to the great wealth they accumulated in trade, is of Baghdadi Jewish descent and international renown. It was based in Baghdad, Iraq, before moving to Bombay, India, and then spreading to China, England, and other countries. It is said that the family descended from the Shoshans, one of the families of the Iberian Peninsula. From the 18th century, the Sassoons were one of the wealthiest families in the world, with a merchant empire spanning the continent of Asia.
Indo-Jamaicans or Indian-Jamaicans, are the descendants of people who came from the Indian subcontinent to Jamaica and are the descendants of citizens or nationals of Jamaica. Indians form the third largest racial group in Jamaica after Africans and non-African Multiracials. However, because most African-mixed Jamaicans self-report as 'black', the population of people with partial Indian ancestry is estimated to be much larger. Along with the Chinese and Arabs, Indians represent the wider Asian community on the island, and have made a significant impact on its culture.
The history of the Jews in Jamaica predominantly dates back to migrants from Spain and Portugal and Spain to the island since 1494. Starting in 1480, many Jews began fleeing from Spain because of the persecution of the Holy Inquisition. When the English captured Jamaica from Spain in 1655, the Jews who were living as conversos began to practice Judaism openly. By 1611, the Island of Jamaica had reached an estimated population of 1,500 people. An estimated 75 of those people were described as "foreigners," which may have included some Portuguese Jews. Still, many Jews faced persecution from English merchants.
Aaron Lopez (1731–1782), born Duarte Lopez, was an Anglo-Portuguese Jewish merchant and philanthropist. Through his varied commercial ventures, he became the wealthiest person in Newport, Rhode Island, in British America. In 1761 and 1762, Lopez unsuccessfully sued the Colony of Rhode Island for citizenship.
168th Street was the terminal station on the demolished section of the BMT Jamaica Line. Located between 165th and 168th Streets on Jamaica Avenue, it had two tracks and one island platform. The next stop to the south was 160th Street. This station was built as part of the Dual Contracts in 1918, and was closed in 1977 in anticipation of the Archer Avenue Subway, and due to political pressure in the area.
United Community Bank is a $12.4 billion southeast regional US bank providing retail and corporate banking services. The bank was founded in Blairsville, Georgia in 1950 and now operates 150 banking offices in Georgia, South Carolina, North Carolina and Tennessee.
Moses Michael Hays was an American banker, merchant, and philanthropist. As Boston's most prominent 18th-century Jewish citizen, Moses Michael Hays set a high standard for civic leadership and charity.
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.
The National Bank of Australasia was a bank based in Melbourne. It was established in 1858, and in 1982 merged with the Commercial Banking Company of Sydney to form National Australia Bank.