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Bank Events in History



2013 Event - The Reserve Bank of Australia reduces its benchmark interest rate to 2.75% from 3.00%

2013 Event - Mervyn King, Governor of the Bank of England announces that the 5 pound bank note, to be circulated in 2016, will feature Winston Churchill

2013 Event - In Japan, optimism for economic revival sparked Bank of Japan's stimulus plan, impacts Japan's stock market index; following its release, the Nikkei 225 hits its highest level in nearly five years

2013 Event - After pleading guilty to a U.S. case of tax evasion, Wegelin and Co., the oldest bank in Switzerland, closes; the bank faces a fine of $57.8 million

2012 Event - UBS becomes the second bank after Barclays, to be fined for attempting to manipulate the Libor interbank lending rate; the company is fined $1.5 billion

2012 Event - European Union Finance Ministers agree to give the European Central BAnk new powers to supervise euro zone banks

2012 Event - European Central Bank president, Mario Draghi, confirms the design overhaul of euro banknotes, beginning with the 5 euro note

2012 Event - Investments to and from Pakistan are now permitted by the Reserve Bank of India

2012 Event - Deutsche Bank, the German global financial services company, announces plans to cut 1,900 jobs

2011 Event - Northern Rock bank, nationalized in 2008 by the British Government, is sold to Virgin Money for 747 million pounds

2011 Event - The Bank of England pumps an additional 75 billion pounds into the British economy via quantitative easing

2011 Event - Warren Buffet's Berkshire Hathaway announces it will invest $5 billion in Bank of America

2011 Event - HSBC bank announces it will cut 5,000 jobs now and 25,000 jobs by 2013

2011 Event - In Iran, the Central Bank of Iran launches a website which it will use to poll Iranians on planned economic reforms and changing the national currency

2011 Event - The European Central BAnk appoints Italy's Mario Draghi as its new President, set to replace Jean-Claude Trichet on November 1

2011 Event - The coalition government announces plans to privatize Northern Rock, a British public-owned bank

2011 Event - South Korea's Central Bank raises its benchmark interest rate by 25 basis points, to 3.25 percent

2011 Event - The Financial Times finds computer hackers may have accessed details on Citigroup bank card customers

2011 Event - Interest rates at the Reserve Bank of India are increased by 50 basis points to 7.25 per cent

2011 Event - James Bullard, President of the Federal Reserve Bank of St. Louis calls for the Federal Reserve to limit its purchase of U.S. Treasuries because they 'feed the fire' of inflation

2010 Event - The World Bank officially ends financing Cote d'Ivoire

2010 Event - Nobel Peace Prize laureate Muhammad Yunus claims innocence while being investigated for diverting millions of dollars of aid money from Grameen Bank

2010 Event - Plans to build 625 more homes in close to the West Bank, adjacent to Arab East Jerusalem, were announced

2010 Event - The Governor of the Central Bank of Iran, Mahmoud Bahmani, resigns

2010 Event - Speaking at the U.N. General Assembly, Mahmoud Abbas communicates that Palestinians desire a 'comprehensive and just' peace agreement; he requests Israel cease its policy of building settlements in the West Bank

2010 Event - A Tel Aviv judge orders safe deposit boxes at a Zurich bank opened; the boxes may contain drawings and manuscripts by writer Franz Kafka

2010 Event - President Obama meets with Mahmoud Abbas, President of the Palestinian National Authority, and promises Palestinians $400 million in U.S. assistance for the West Bank and Gaza

2003 Event - British consulate and bank bombed in Istanbul murdering 27

1998 Event - Star Bank LPGA Classic

1997 Event - Bank One Senior Golf Classic

1997 Event - Colleen Wakjer wins Star Bank LPGA Classic

1996 Event - Laura Davies wins Star Bank LPGA Golf Classic

1996 Event - Liselotte Neumann wins First Bank Edina Realty LPGA Golf Classic

1995 Event - Israel begins W Bank pullback, frees hundreds of Palestinian prisoners

1995 Event - Yitzhak Rabin and Yasir Arafat, sign accord to transfer West Bank

1995 Event - Chris Johnson wins Star Bank LPGA Golf Classic

1995 Event - World's largest bank-Japan's Mitsubishi Bank and Bank of Tokyo merge

1995 Event - Deputy Governor of Bank of England, Rupert Pennant-Rea, resigns following revelations of his affair with a freelance journalist

1995 Event - British trader Nick Leeson arrested for collapse of Barings Bank PLC

1994 Event - Israel and PLO initialed accord giving autonomy to Palestinians in West Bank in education, health, taxation, social welfare and tourism

1994 Death - Michalis Vranopoulos, head of Greek state bank, murdered at 48

1991 Event - East-Europe Bank forms in London

1991 Event - Bank of Credit and Commerce International divests itself of 1st American Bank

1990 Event - 5 Bank of Credit and Commerce members found guilty of money

1990 Event - 2 Bank of Credit and Commerce members plea guilty to money laundering

1989 Death - Alfred Herrhausen, German CEO (Deutsche Bank), murdered at 59

1988 Event - 91 m radio telescope dish at Green Bank, WV collapses

1988 Event - Jordanian King Hussein renounces sovereignity over West Bank to PLO

1988 Event - FDIC bails out 1st Republic Bank, Dallas, with $4 billion

1988 Event - Jordan cancels $1.3 billion development plan in West Bank

1988 Death - Marius W. Holtrop, economist/president (Netherlands Bank), dies at 85

1987 Event - Palestine uprising begin in Israeli-occupied West Bank

1987 Event - Palestinian uprising against Israel in West Bank

1987 Event - Japanese bank buys "Lady McGill" stamp for $1,100,000

1987 Event - Jody Rosentha wins LPGA United Virginia Bank Golf Classic

1986 Event - Muffin Spencer-Devlin wins LPGA United Virginia Bank Golf Classic

1986 Event - Netherlands Bank issues 250 guilder notes

1985 Event - Kathy Whitworth wins LPGA United Virginia Bank Golf Classic

1984 Event - Amy Alcott wins LPGA United Virginia Bank Golf Classic

1983 Event - Lenore Muraoka wins LPGA United Virginia Bank Golf Classic

1982 Event - Sally Little wins LPGA United Virginia Bank Golf Classic

1981 Event - Jan Stephenson wins LPGA United Virginia Bank Golf Classic

1981 Event - Hollis Stacy wins LPGA West Virginia Bank Golf Classic

1981 Event - Hostage situation ends at Central Bank in Barcelona Spain

1981 Event - Largest U.S. bank robbery in Tucson, Arizona, more than $33 million stolen

1980 Event - Bank of Canada's Canadian Currency Museum opens

1980 Death - Willie Sutton, U.S. bank robber, dies at 79

1980 Event - Donna Caponi Young wins LPGA United Virginia Bank Golf Classic

1979 Event - Amy Alcott wins LPGA United Virginia Bank Golf Classic

1979 Event - Patricia Hearst is released from a San Francisco prison for bank robbery

1978 Event - Sun Bank Building opens

1978 Event - Israel turns 3 military outposts in West Bank into civilian settlements

1977 Event - Bank of America adopts the name VISA for their credit cards

1976 Event - Newspaper heiress Patricia Hearst sentenced to 7 years for her part in a 1974 bank robbery. Released after 22 months by President Carter

1976 Event - Bank robbery in Beirut nets a record $20-50 million

1975 Event - Heiress/bank robber Patricia Campbell Hearst captured by FBI in SF

1975 Death - Karel Paul van der Mandele, director (Rotterdam Bank), dies at 94

1973 Event - M T Ghani scores 104 on FC debut for Commerce Bank (Pak) age 44

1970 Death - H G Hjalmar Schacht, President Germany Kingdom bank/minister of Eco, dies

1970 Event - Milwaukee Brewers Baseball Club, headed by Bud Selig, purchases the Seattle Pilots for $10,800,000 Although negotiations were conducted over a period of months, it was not until March 13 when a federal bankruptcy referee declared the Pilots bank

1969 Event - Bomb attack on bank in Milan, 14 killed

1969 Event - Bank of America World Headquarters (555 California) dedicated

1967 Event - Robert McNamara elected president of World bank

1967 Event - Jelle Zijlstra becomes president of Netherlands Bank

1967 Event - Queen Elizabeth Hall (South Bank Center) opens in London

1967 Birthday - Nick Leeson, British banker, Baring bank

1963 Birthday - Patti Berendt, born in San Diego, California, LPGA golfer, 1995 Star Bank Classic-24th

1963 Event - G Woods succeeds Eugene Black as president of the World Bank

1962 Birthday - Gene Craig Sauers, Savannah Georgia, PGA golfer, 1986 Bank of Boston

1961 Birthday - Timothy Geithner, born in Brooklyn, New York, United States Secretary of the Treasury, under President Barack Obama, served as President, Federal Reserve Bank of New York, charged with directing financial crisis of December 2007

1961 Birthday - Joan Delk, born in Tampa, Florida, LPGA golfer, 1995 First Bank Edina Realty-66th

1961 Event - Largest check issued, National Bank of Chicago to Sears ($960.242 billion)

1960 Event - Europe's 1st "moving pavement," (travelator), opens at Bank station

1960 Event - Project Ozma begins at Green Bank radio astronomy center

1960 Event - Bank of France issues new franc, worth 20 cents

1958 Event - Soviet Marshal Bulganin resigns as director of State Bank

1957 Death - Cora Witherspoon, actress (Quality Street, Bank Dick), dies at 67

1955 Birthday - Lenore Rittenhouse, born in Honolulu, Hawaii, LPGA golfer, 1983 United Virginia Bank

1955 Event - Piet Lieftinck becomes director v/h IMF (World bank)

1955 Event - Imperial Bank of India nationalized

1955 Event - U.S. Assay Office in Seattle, Washington closes Chase National (3rd largest bank) and Bank of the Manhattan Company (15th largest bank) merge to form Chase Manhattan

1954 Birthday - Patty Hearst, born in San Francisco, California, newspaper heiress, convicted bank robber, socialite, known as Patricia Hearst Shaw, autobiography titled, 'Every Secret Thing'

1953 Birthday - John Edward Stevens, New York City, bank robber, FBI Most Wanted List

1952 Birthday - Martin Taylor, born in England, former CEO, Barclays Bank, Chairman, Syngenta AG

1952 Event - Franklin National Bank issues 1st bank credit card

1950 Death - Charles R Drew, surgeon/developer of blood bank concept, dies at 45

1950 Event - Willie Sutton robs Manufacturers Bank of $64,000 in New York City

1949 Death - Amedos Peter Giannine, founder of Bank of America dies at 79

1949 Birthday - Dorus Vrede, Surinam poet, Otobanda; the Other Bank

1948 Birthday - Richard Alan Litchfield, born in Massachusetts, bank robber, FBI most wanted

1947 Event - Bank robber Willie Sutton escapes jail in Philadelphia

1946 Death - W C Fields, writer/comedian (Bank Dick, It's A Gift), dies at 67

1946 Event - British Government takes control of Bank of England, after 252 years

1946 Event - Bank of England nationalized

1946 Event - Bank of England nationalized

1945 Event - International Monetary Fund established - World Bank founded

1945 Birthday - Clive Hollick, born in Britain, Labor Party, financier, youngest director of Hambros Bank, 1973, CEO, Mills & Allen International, MAI

1944 Event - Surprise attack on office of Nethche Bank

1944 Event - Belgium's Emissie bank closes

1944 Event - Bretton Woods Conference starts, establishing IMF and World Bank

1942 Birthday - Wilbert Bank, actor and director, On Hope of Blessing

1942 Birthday - Frank Bank, born in Hollywood California, actor, Lumpy-Leave it to Beaver

1941 Event - 300 Montgomery, San Francisco opens as new Bank of America HQ

1939 Birthday - Terry Dill, Forth Worth, Texas, PGA golfer, 1992 Bank One Senior Classic

1939 Birthday - Andrew Buxton, CEO, Barclays Bank

1938 Birthday - Rives McBee, Denton, Texas, PGA golfer, 1989 RJR Bank One Classic

1938 Event - Frances Moulton elected 1st woman president of a U.S. national bank

1937 Death - Gerard Vissering, banker/president of Dutch Bank, dies at 72

1937 Event - 1st blood bank forms (Chicago, Illinois)

1936 Event - L M (Mario) Giannini elected president of Bank of America

1935 Birthday - Willem Duisenberg, minister of Finance, PvdA, President, Nethche Bank

1935 Birthday - Lord Grenfell, head of External affairs European office, world bank

1935 Event - Bank of Canada opens

1934 Death - Maggis Lena Walker, 1st U.S. (black) woman to head a bank, dies at 69

1934 Event - FDIC pays off 1st insured depositors, Fon du Lac Bank, East Peoria, Illinois

1934 Birthday - Malcolm Gill, deputy head, Bank for International Settlements

1934 Event - Bank of Travail in Belgium, socialist worker's movement bankrupt

1934 Event - Export-Import Bank incorporates

1934 Event - Export-Import Bank organizes in Washington, D.C.

1934 Event - Federal Deposit Insurance Corp, FDIC, U.S. bank guarantor, effective

1933 Event - Hitler names Hjalmar Shaft, president of Bank of Germany

1933 Event - Franklin D. Roosevelt declares a nationwide bank holiday

1933 Event - Franklin D. Roosevelt proclaims 10-day bank holiday

1933 Event - Bank holidays declared in 6 states, to prevent run on banks

1931 Event - Credit-Anstalt, Austria's largest bank, fails beginning financial collapse of Central Europe

1931 Birthday - Peter Walters, CEO, Midland Bank

1930 Event - Bank of the United States opens in New York City

1930 Event - Bank of Italy becomes Bank of America

1929 Birthday - John Gutfreund, former CEO of investment bank, Salomon Brothers Inc., featured in book Liar's Poker by Michael Lewis

1927 Birthday - Timothy Beven, CEO, Barclays Bank

1927 Birthday - Philip Wilkinson, deputy chairman, National Westminster Bank

1927 Event - Bank of Italy becomes a National Bank

1926 Birthday - Alan Greenspan, economist and presidential advisor, Federal Reserve Bank

1923 Birthday - Alden Winship Clausen, Hamilton, Illinois, banker, President of World Bank

1921 Birthday - Donald Barron, CEO, Midland Bank

1920 Event - 1st rivet driven on Bank of Italy headquarters at 1 Powell

1920 Birthday - Eric Yarrow, CEO, Clydesdale Bank

1920 Birthday - John William Farr, born in Detroit, bank robber, FBI Most Wanted List

1919 Event - Dirigible crashes through bank skylight killing 13 (Chicago, Ill)

1918 Birthday - Jelle Zijlstra, economist/minister/president Netherlands Bank

1917 Event - 1st federal land bank chartered

1917 Death - Hendrik P G Quack, lawyer/economist (Bank of Netherlands), dies at 82

1917 Event - Royal Bank of Canada takes over Quebec Bank

1916 Birthday - Robert S. McNamara, U.S. Secretary of Defense, 1961 - 1968, head World Bank

1915 Birthday - Seymour Egerton, CEO, Coutis Bank

1915 Birthday - David Rockefeller, CEO, Chase Manhattan Bank

1912 Birthday - David Barran, CEO, Midland Bank, England

1911 Event - U.S. postal savings bank inaugurated

1910 Birthday - Laurance S Rockefeller, New York City, CEO, Chase Manhattan Bank

1909 Death - Nicolaas G Pierson, director Suriname/Dutch Bank, dies at 80

1909 Birthday - Clyde Barrow, bank robber, of Bonnie and Clyde fame

1908 Event - Bank of Italy opens new HQ at Clay and Montgomery

1907 Event - Bank of Italy opens 1st branch at 3433 Mission Street, SF

1907 Event - Bank of San Francisco incorporated

1906 Birthday - William McChesney Martin, Chairman of Federal Reserve Bank, 1951-70

1904 Event - Bank of Italy (Bank of America) opens its doors

1904 Birthday - [William] Count Basie, Red Bank, New Jersey, jazz musician, Blazing Saddles

1904 Birthday - Peter Van Steeden, born in Amsterdam Netherlands, orchestra leader, Break the Bank

1904 Birthday - Hugh Williams, actor and writer, Charley's Aunt, Bank Holiday

1903 Birthday - Bernard Lovell, England, radio astronomer, founded Jodrell Bank

1902 Birthday - Marius W. Holtrop, economist/president, Netherlands Bank

1902 Birthday - Arnold J d'Ailly, dir, Nederlandsche Bank, mayor, Amsterdam, 1946-56

1902 Birthday - John Dillinger, U.S. bank robber, public enemy #1

1902 Birthday - Kathryn Forbes, short story writer, mama's bank account

1901 Death - Georg von Siemens, founder (Deutsche Bank), dies

1901 Birthday - Hermann Abs, director, Deutsche Bank, Hitler's advisor

1898 Birthday - Eugene R. Black, U.S., President of World Bank, 1953-62

1896 Event - Armenian revolutionairy assault on Ottoman Bank Constantinople

1893 Death - Ferenc Erkel, Hungarian composer and conductor (Bank Ban), dies at 82

1892 Event - Dalton Gang ends in shoot-out in Coffeville, Kansas bank holdup

1890 Event - Alabama Penny Savings Bank organizes in Birmingham

1889 Event - Savings Bank of Order of True Reformers opens in Richmond, Virginia

1886 Event - Crocker-Woolworth National Bank organized

1880 Birthday - Karel Paul van der Mandele, financier/director, Rotterdamsche Bank

1877 Event - Chase National Bank opens in New York City (later merges into Chase Manhattan)

1876 Event - Bank robbery by James/Younger fails (Cole/Bob/Jim Younger arrested)

1874 Event - Freedmen's Bank closes

1873 Event - Panic sweeps New York Stock Exchange (railroad bond default/bank failure) New York shut banks for 10 days due to a bank scandal

1872 Event - Jesse James gang robs bank in Columbia, Kentucky (1 dead/$1,500)

1871 Event - Jesse James robs bank in Corydon, Iowa ($45,000)

1871 Event - Jesse James and his gang robs Obocock Bank (Corydon Iowa), of $15,000

1870 Birthday - Amedos Peter Giannine, born in San Jose, California, founded Bank of America

1868 Event - Jesse James gang robs bank in Gallatin, Missouri, kills 1

1868 Event - Jesse James Gang robs bank in Russelville Kentucky of $14,000

1867 Birthday - Maggie Mitchell Walker, 1st woman bank director/philanthropist

1867 Event - Bank of California opens doors

1867 Event - Jesse James-gang rob bank in Richmond Missouri (2 die, $4,000 taken)

1867 Event - Jesse James-gang robs bank in Savannah Missouri, 1 dead

1866 Event - Jesse James gang robs bank in Lexington Missouri ($2000)

1866 Event - Jesse James holds up his 1st bank, Liberty, Missouri ($15,000)

1865 Birthday - Gerard Vissering, Dutch banker and president, Bank of Java

1865 Event - NV Suriname Bank established

1863 Event - Very 1st First National Bank opens in Davenport, Iowa

1863 Event - 1st bank chartered in U.S., National Bank of Davenport, Iowa

1858 Event - 1st bank in Hawaii opens

1858 Event - Treaty of Algun, China cedes north bank of Amur River to Russia

1855 Birthday - Andrew W. Mellon, founder, Mellon Bank, U.S. Secretary of Treasury

1850 Birthday - John Munroe Longyear, U.S., capitalist/bank president

1848 Event - 1st commercial bank in San Francisco established

1847 Birthday - Jesse James, Missouri, bank/train robber, son of a clergyman

1847 Birthday - W R Pettiford, Founder, Alabama Penny Savings Bank

1839 Birthday - Georg von Siemens, founder, Deutsche Bank

1834 Birthday - Hendry P G Quack, lawyer/economist/secr Dutch Bank

1834 Event - Senate censure President Jackson for taking federal deposits from Bank of U.S.

1832 Event - President Jackson vetoed legislation to re-charter 2nd Bank of US

1831 Event - 1st U.S. bank robbery (City Bank, New York/$245,000)

1819 Event - 1st savings bank in U.S. (Bank of Savings in New York City) opens its doors

1817 Event - 2nd Bank of U.S. opens

1816 Event - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)

1816 Event - 2nd Bank of U.S. chartered

1814 Event - Netherlands Bank issues it's 1st banknotes

1814 Event - Netherlands Bank established

1799 Event - Bank of Manhattan Company opens in New York City (forerunner to Chase Manhattan)

1793 Event - Bank of England hands out 1st 5 pound note

1791 Event - Bank of U.S. opens

1791 Event - 1st Bank of U.S. chartered

1786 Birthday - Nicholas Biddle, made 2nd bank of U.S. 1st effective central bank

1782 Event - 1st U.S. commercial bank, Bank of North America, opens in Philadelphia

1781 Event - Bank of North America, 1st U.S. bank opens

1781 Event - Battle at Doggers Bank: Dutch fleet vs English fleet

1781 Event - Bank of North America incorporates in Philadelphia

1753 Birthday - John Soane, English architect, Bank of England, Soane Museum

1732 Event - Foundation laid for Bank of England

1714 Event - Treaty of Baden: Holy Roman Emperor Charles VI and France, ends War of Spanish Succession, French retain Alsace, Austria gets bank of Rhine

1694 Event - Bank of England granted 12 year charter by Act of Parliament

1661 Event - 1st banknotes in Europe were issued by Bank of Stockholm

1614 Event - Amsterdam Bank of Loan forms













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