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check

(Encyclopedia)check or cheque, bill of exchange (see draft) drawn upon a bank or trust company or broker connected with a clearinghouse (see clearing). Upon presentation of a check, the bank or other drawee pays ca...

Lance, Bert

(Encyclopedia)Lance, Bert (Thomas Bertram Lance), 1931–2013, American banker and public official, b. Gainesville, Ga. He was one of Jimmy Carter's closest advisers during the 1976 presidential campaign. After the...

Safra

(Encyclopedia)Safra, family of Brazilian bankers with Sephardic Jewish roots. They began as merchant bankers in Syria and Lebanon, financing caravans throughout the Middle East. The Safras are also noted philanthro...

Biddle, Nicholas, American financier

(Encyclopedia)Biddle, Nicholas, 1786–1844, American financier, b. Philadelphia. After holding important posts in the American legations in France and England, he returned to the United States in 1807 and became o...

Wolfensohn, James David

(Encyclopedia)Wolfensohn, James David, 1933–2020, Australian-American investment banker and financial executive, b. Sydney. Wolfensohn worked for banking institutions in Australia, London, and New York City, even...

banking

(Encyclopedia)banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting depos...

Malpass, David Robert

(Encyclopedia)Malpass, David Robert, 1956–, American government offical and finance executive, b. Petoskey, Mich., B.A. Colorado College, 1976, M.B.A. Univ. of Denver, 1978, fellow School of Foreign Service, Geor...

Wolfowitz, Paul Dundes

(Encyclopedia)Wolfowitz, Paul Dundes 1943–, American political figure, b. Brooklyn, N.Y., grad. Cornell (B.A. 1965), Univ. of Chicago (Ph.D. 1972). In 1966 he entered government service, and worked for the Arms C...

Federal Reserve System

(Encyclopedia)Federal Reserve System, central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly ...

Wisconsin Rapids

(Encyclopedia)Wisconsin Rapids, city (1990 pop. 18,245), seat of Wood co., central Wis., on the Wisconsin River; inc. 1869. Paper, heating equipment, and steel castings are produced. Dairy farms, agriculture, and a...