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In 1847, the bank lent $16 million to the U.S. government to pay for the Mexican–American War. [6] In 1854, Corcoran retired, and George Washington Riggs re-assumed leadership. The bank changed its name to "Riggs & Company". [5] In 1868, the bank provided $7.2 million in gold towards the purchase of Alaska. [6]
The Inter-American Development Bank(IDBor IADB) is an international development finance institutionheadquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin Americaand the Caribbean.[1] Established in 1959, the IDB supports Latin American and Caribbean economic development ...
Revenue (2019) $135,325,103 [ 1] Website. aba.com. The American Bankers Association ( ABA) is an American trade association for the U.S. banking industry, founded in 1875. They lobby for banks of all sizes and bank charters, including community banks, regional and money center banks, Federal savings associations, mutual savings banks, and trust ...
Michaels Stores said the breach, which took place May 8 through Jan. 27, may have affected about 2.6 million cards, or about 7 percent of payment cards used at its stores during the period. The ...
In 1791, Congress chartered the First Bank of the United States. The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.
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The United States International Development Finance Corporation ( DFC) is a development finance institution and agency of the United States federal government. DFC invests in development projects primarily in lower and middle-income countries. [ 1] First authorized on 5 October 2018 by the BUILD Act, the independent agency was formed on 20 ...
The International Finance Corporation ( IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
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