History
The Bank of New York was founded on June 9, 1784, making it the oldest bank in the United States. Alexander Hamilton wrote 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. The bank opened for business at the Walton House in Lower Manhattan only a few months after the departure of British troops from American soil. It opened with a capitalization of $500,000. William Seton, future father-in-law of Saint Elizabeth Seton, was named director in 1786.
To commemorate its 225th anniversary, BNY Mellon created a 5 part video series entitled "Looking Forward : The 225th Anniversary of The Bank of New York Mellon" which was narrated by historian Richard Brookhiser and recaps the company’s history from its founding in 1784. The segments are entitled:
Part 1 : New Beginnings Part 2 : A Company of Visionaries Part 3 : A Catalyst for Success Part 4 : A Focus on Clients Part 5 : A Commitment to Help
Read more about this topic: Bank Of New York
Famous quotes containing the word history:
“You that would judge me do not judge alone
This book or that, come to this hallowed place
Where my friends’ portraits hang and look thereon;
Ireland’s history in their lineaments trace;
Think where man’s glory most begins and ends
And say my glory was I had such friends.”
—William Butler Yeats (1865–1939)
“I believe that in the history of art and of thought there has always been at every living moment of culture a “will to renewal.” This is not the prerogative of the last decade only. All history is nothing but a succession of “crises”Mof rupture, repudiation and resistance.... When there is no “crisis,” there is stagnation, petrification and death. All thought, all art is aggressive.”
—Eugène Ionesco (b. 1912)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (1770–1831)