Banking
Morgan Grenfell Incorporates
Morgan Grenfell switches from a privately owned bank to an incorporated one.
Financial times Say 6 Men Could “Upset Whole Fabric of Government”
Started 1921-09-26Ended 1921-09-26
Quote: “Half a dozen men at the top of the Big Five Banks could upset the whole fabric of government finance by refraining from renewing Treasury Bills”
Harriman Brothers Co Merge With Brown Brothers Co
The two banking giants merge together in a merger that joined the powerful Harriman railroad and banking family with the Brown banking family.
Thyssen’s United States Bank Union Banking Corporation Is Seized
Started 1942-10-05Ended 1942-10-05
Under the Trading with the Enemy act Executive Order Number 9095 seizes Thyssen’s American arm of his finances -the Union Banking Corporation.
Thyssen Purchases Barlow Palace For Nazi Headquarters
Fritz Thyssen buys a palace for the Nazi party. It was purchased with money from the Bank voor Handel en Scheepvarrt in Rotterdam.
Jacob Schiff Uses Banking Influence To Aid Japan In Defeat Of Russia
Using his banking contacts he was able to get Japan one hundred million dollars to pay for the war efforts with Russia. This combined with the lack of loans to Russia that Schiff was also behind was the major factor of Japan’s winning of the war with Russia.
Worldwide Jewish Boycott Of Russia
Due to suppression of Jews in Russia during the rule of Czar Nicholas II a world wide boycott was launched against the country. The boycott movement was headed up by Jacob Schiff, and it lasted all the way toward the end of world war II when the Monarchy fell.
Goering Arranges Meeting With Hitler, Schacht, and Thyssen
Started 1931-01-01Ended 1931-01-01
In a meeting arranged by Goering, Hitler gets to preach his party line to top banker Hjalmar Schacht, and German Industrialist Fritz Thyssen. Both became major financial backers of the Nazi party.
Newly Appointed Reichsbank Gives $70 Million To German Government
Started 1933-04-09Ended 1933-04-09
After three weeks of being appointed as president of the Reichsbank by Hitler Schacht gives the German government a check for $70 million dollars. The money was used to pay down some of Germany’s mounting foreign debt.
Newly Appointed Reichsbank Gives $70 Million To German Government
Started 1933-04-09Ended 1933-04-09
After three weeks of being appointed as president of the Reichsbank by Hitler Schacht gives the German government a check for $70 million dollars. The money was used to pay down some of Germany’s mounting foreign debt.