Download All Is Clouded by Desire PDF Book by Constance A. Weaver
Inside this Book – They also opened correspondent accounts for the Moscow Commercial Bank and the Russian Akceptny Bank. Interestingly enough, the Akceptny account was run through The Bank of New York’s branch in Tokyo. Additionally, BNY-IMB held correspondent accounts for the joint stock bank Voronezh, founded in 1990 as Voronezhcreditprombank, which subsequently changed its name to the shorter version in 1991. And they both registered correspondent accounts for Absolut Bank in Tbilisi, Georgia, which was majority owned by U.S. investment companies. They did the same with Avtobank in Moscow, whose shareholders included the European Bank for Reconstruction and Development, two Cyprus entities—Regent Pacific Nominees and Danon Holding Ltd.—and Drumland Investments Limited, which had no discernible home. The Bank of New York had inherited a dozen correspondent accounts through its takeover of Irving Trust. These included accounts in banks in Warsaw, Budapest, Moscow, Sofia, Prague, and Frankfurt, Germany. The first account had been opened in 1921 with the Bank Handlowy in Warsaw. It was a long time before the next East/West correspondent relationship took place. Twenty-eight years after the first, in 1947, a correspondent account was established with the Soviet Narodny bank in Warsaw. In the 1960s, five more banks were added, three more in the following decade, and one in the 1980s. Over the course of the 1990s, The Bank of New York’s inherited correspondent accounts dwindled by a third.
- Full Book Name – All Is Clouded by Desire
- Author of this Book – Constance A. Weaver
- Language – English
- Book Genre – Economics
- Download Format – PDF
- Size – 2 MB
- eBook Pages – 585
All Is Clouded by Desire by Constance A. Weaver PDF Book
- Download All Is Clouded by Desire PDF Book by Constance A. Weaver Inside this Book – They also opened correspondent accounts for the Moscow Commercial Bank and the Russian Akceptny Bank. Interestingly enough, the Akceptny account was run through The Bank of New York’s branch in Tokyo. Additionally, BNY-IMB held correspondent accounts for the joint stock bank Voronezh, founded in 1990 as Voronezhcreditprombank, which subsequently changed its name to the shorter version in 1991. And they both registered correspondent accounts for Absolut Bank in Tbilisi, Georgia, which was majority owned by U.S. investment companies. They did the same with Avtobank in Moscow, whose shareholders included the European Bank for Reconstruction and Development, two Cyprus entities—Regent Pacific Nominees and Danon Holding Ltd.—and Drumland Investments Limited, which had no discernible home. The Bank of New York had inherited a dozen correspondent accounts through its takeover of Irving Trust. These included accounts in banks in Warsaw, Budapest, Moscow, Sofia, Prague, and Frankfurt, Germany. The first account had been opened in 1921 with the Bank Handlowy in Warsaw. It was a long time before the next East/West correspondent relationship took place. Twenty-eight years after the first, in 1947, a correspondent account was established with the Soviet Narodny bank in Warsaw. In the 1960s, five more banks were added, three more in the following decade, and one in the 1980s. Over the course of the 1990s, The Bank of New York’s inherited correspondent accounts dwindled by a third.
- Full Book Name – All Is Clouded by Desire
- Author of this Book – Constance A. Weaver
- Language – English
- Book Genre – Economics
- Download Format – PDF
- Size – 2 MB
- eBook Pages – 585
