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Encyclopedia > The Bank of New York
Bank of New York logo

The Bank of New York NYSE: BK, founded by Alexander Hamilton in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... A portrait of Alexander Hamilton by John Trumbull, 1792. ... 1784 was a leap year starting on Thursday (see link for calendar). ... The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. ...

  • Securities Servicing and Global Payment Services
  • Private Client Services and Asset Management
  • Corporate Banking
  • Global Market Services
  • Retail Banking

In 1988, the Bank of New York acquired the Irving Trust Company and moved its headquarters to One Wall Street, now known as the Bank of New York Building. 1988 is a leap year starting on a Friday of the Gregorian calendar. ... One Wall Street, Bank of New York Building (originally the Irving Trust Company Building) was completed in 1932. ...

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  • Bank of New York

  Results from FactBites:
New York Architecture Images- BANK OF NEW YORK (2058 words)
Alexander Hamilton, a highly respected New York attorney and future statesman, was enlisted to write the new Bank’s constitution and became the individual most actively involved in the organization of The Bank of New York, guiding it through its early stages, and leaving a lasting imprint on its philosophy and operation throughout its history.
By insisting that their Bank should be paid up in “specie only,” the founders of The Bank of New York responded to depositors’ concerns about the safety of a bank that circulated a quantity of paper disproportionate to its holdings.
The Bank of New York entered the twenty-first century as a premier provider of the essential services that enable institutions and individuals to move and manage their financial assets.
FOXNews.com - Fed Cites Bank of New York for Money Control Lapses - Business And Money | Business News | Financial News (818 words)
The Bank of New York, one of the nation's oldest, was not fined in a new agreement with the Fed and the New York State Banking Department, which was dated Friday and made public on Monday.
The Bank of New York neither admitted nor denied the allegations in the SEC's suit filed in federal court in Manhattan, where the bank is based, but did agree to refrain from future violations of securities laws.
The Bank of New York, founded with the aid of Alexander Hamilton in 1784 and one of the nation's largest trust banks, was rocked by revelations in late 1999 that it had served as a conduit for $7 billion in Russian money — some of it believed to be from criminal activities.
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