Based in Washington DCs Eccles Building, what is the American equivalent of the Bank of England in the UK?
"Greater Manchester, the Boundary Commission for England recommended the creation of a modified Worsley constituency, incorporating a part of Eccles, to be called Worsley and Eccles South. The electoral wards included in the Worsley and Eccles South constituency are: Worsley and Eccles South (UK Parliament constituency) Worsley and Eccles South is a county constituency represented in the House of Commons of the Parliament of the United Kingdom. The seat is currently held by Barbara Keeley MP of the Labour Party. It elects one Member of Parliament (MP) by the first past the post system of election. It is favourable mostly"
"in the financial services sector. After his departure from Carlisle, Quarles led the Cynosure Group which manages the money of the Eccles family among others. The family forbears included David Eccles (1849–1912), who emigrated from Scotland sailing on the ""Cynosure"" who subsequently became a successful businessman and Utah's first multimillionaire, and his son Marriner Stoddard Eccles (1890–1977), who was a U.S. banker, economist, and Chairman of the Federal Reserve. The Eccles Building that houses the headquarters of the Federal Reserve in Washington, D.C. is named after Marriner Eccles. On July 10, 2017, Quarles was nominated by President Donald Trump to"
"(1936). In that respect, he is considered by some to have seen monetary policy having secondary importance and that as a result he allowed the Federal Reserve to be sublimated to the interests of the Treasury. In this view, the Federal Reserve after 1935 acquired new instruments to command monetary policy, but it did not change its behavior significantly. Further, his defense of the Federal Reserve-Treasury accord in 1951 is sometimes seen as a reversal of his previous policy stances. The Eccles Building that houses the headquarters of the Federal Reserve in Washington, D.C. was named after Eccles in 1982."
"Bank of America The Bank of America Corporation (abbreviated as BofA) is an American multinational investment bank and financial services company based in Charlotte, North Carolina with central hubs in New York City, London, Hong Kong, and Toronto. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JP Morgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth"
"end, Ricardo won with his recommendation to return to convertibility to prevent further conflicts and to ensure price stability. The suspension remained in effect until 1821. After convertibility was reinstated in 1821, the discussion shifted to the Currency-Banking Controversy. Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by"
"United States, and a London office to supervise the international activities of national banks. It is an independent bureau of the United States Department of the Treasury and is headed by the Comptroller of the Currency, appointed to a five-year term by the President with the consent of the Senate. The OCC pursues a number of main objectives: The OCC participates in interagency activities in order to maintain the integrity of the federal banking system. By monitoring capital, asset quality, management, earnings, liquidity, sensitivity to market risk, information technology, consumer compliance, and community reinvestment, the OCC is able to determine"
"Barclays Investment Bank Barclays Investment Bank (formerly known as Barclays Capital) is a British multinational investment bank under the auspices of Barclays headquartered in London. It provides advisory, financing and risk management services to large companies, institutions and government clients. It is a primary dealer in U.S. Treasury securities and various European Government bonds. Barclays Investment Bank has offices in over 29 countries and since the acquisition of Lehman Brothers' main U.S. division in September 2008, employs over 20,000 people, with over 7,000 people working in the IT division. This has significantly increased Barclays' presence in North America. Barclays' first"
"The naming was a component of the Garn-St. Germain Depository Institutions Act lead-sponsored by Senator Jake Garn (R-UT) and Congressman Fernand St. Germain (D, RI). Marriner Stoddard Eccles Marriner Stoddard Eccles (September 9, 1890 – December 18, 1977) was a U.S. banker, economist, and member and chairman of the Federal Reserve Board. Marriner Stoddard Eccles was known during his lifetime chiefly as having been the Chairman of the Federal Reserve under President Franklin Delano Roosevelt. He has been remembered for having anticipated and supporting the theories of John Maynard Keynes relative to ""inadequate aggregate spending"" in the economy which appeared"
"in 1984, becoming The Right Honourable The Viscountess Eccles. They founded the Eccles Centre for American Studies at the British Library in 1992 as Lord Eccles had previously been its Chairman. Lady Eccles was made an Honorary Fellow of Samuel Johnson's college at Oxford, Pembroke College. She was also Benjamin Franklin Fellow of the Royal Society of Arts. She was a member of The Roxburghe Club, an exclusive society of bibliophiles, from 1985-2003. Mary Eccles, Viscountess Eccles Mary Morley Crapo Hyde Eccles, Viscountess Eccles (8 July 1912 – 26 August 2003) was a book collector and author. She was renowned"
"the evening train from Salt Lake City to Ogden, Utah, he died of a heart attack in Salt Lake City on December 6, 1912 at the age of 63. There are a host of organizations named after Eccles and his descendants. The David Eccles School of Business is at the University of Utah. The David Eccles Conference Center is in downtown Ogden, Utah. His relative's in the U.K include Leeds rugby player Graham Eccles David Eccles (businessman) David Eccles (May 12, 1849 – December 6, 1912) was an American businessman and industrialist who founded many businesses throughout the western United"
"Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946. The Bank became an independent public organization in 1998, wholly owned by the Treasury Solicitor on behalf of the government, but with independence in setting monetary policy."
"two of the world's largest banks, HSBC and Barclays, the rest-of-the-world headquarters of Citigroup and the headquarters of the global news service Reuters. London handled 36.7% of global currency transactions – an average daily turnover of US$1.85 trillion – with more US dollars traded in London than New York, and more Euros traded than in every other city in Europe combined. London is the leading centre for international bank lending, derivatives markets, money markets, international insurance, trading in gold, silver and base metals through the London bullion market and London Metal Exchange, and issuance of international debt securities. Financial services"
"Even in the United States, which retains formal (though now mostly irrelevant) reserve requirements, the notion of controlling the money supply by targeting the quantity of base money fell out of favor many years ago, and now the pragmatic explanation of monetary policy refers to targeting the ""interest rate"" to control the broad money supply. In the UK the term clearing banks is sometimes used, meaning banks that have direct access to the clearing system. However, for the purposes of clarity, the term ""commercial banks"" will be used for the remainder of this section. The Bank of England, which is"
"Marriner Stoddard Eccles Marriner Stoddard Eccles (September 9, 1890 – December 18, 1977) was a U.S. banker, economist, and member and chairman of the Federal Reserve Board. Marriner Stoddard Eccles was known during his lifetime chiefly as having been the Chairman of the Federal Reserve under President Franklin Delano Roosevelt. He has been remembered for having anticipated and supporting the theories of John Maynard Keynes relative to ""inadequate aggregate spending"" in the economy which appeared during his tenure. As Eccles wrote in his memoir ""Beckoning Frontiers"" (1951): As mass production has to be accompanied by mass consumption, mass consumption, in"
"the Federal Reserve System in the Eccles Building in Washington D.C. under the sponsorship of the Ben Bernanke Administration. Hornak's personal papers and effects entered into the permanent collection of the Smithsonian Institution's Archives of American Art in 2007. His artwork is owned by the permanent collections of the Smithsonian Institution's National Museum of American Art, the Smithsonian Institution's National Museum of American History, the Library of Congress, the Corcoran Gallery of Art, the Detroit Institute of Arts, the Board of Governors of the Federal Reserve System, the Museum of Fine Arts, Boston, the Albrecht-Kemper Museum of Art, the Allen"
"Spencer Eccles Spencer Fox Eccles (born August 24, 1934, Ogden, Utah) is a prominent financier and philanthropist in Salt Lake City, Utah and chairman emeritus of the Intermountain Region of Wells Fargo Corporation. From 1982 to 2000 he was chairman and chief executive officer of First Security Corporation of Salt Lake City, which was, until its sale to Wells Fargo in 2000, the largest banking organization in the Mountain West measured by assets, deposits and market capitalization. Eccles is the son of Spencer Stoddard Eccles and Pauline Hope Fox and the grandson of David Eccles, the Utah banker and industrialist."
"Bank of California Building (Seattle) The Bank of California Building is a landmark building located at 815 2nd Avenue in Seattle, Washington. It is located mid-block adjoining the Exchange Building. It was built by the Bank of California (predecessor to the Union Bank of California) in 1924 and has been continually used as a bank ever since. It housed the offices for the Bank of California until 1973 when a new building, the Union Bank of California Center was built at the corner of 4th and Madison Streets. Ironically, this newer, larger building is no longer used as a bank"
"Federal Reserve Bank A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: Some banks also possess branches, with the whole system being headquartered at the Eccles Building in Washington, D.C. Alexander Hamilton, the first Secretary of Treasury, started a movement in"
"American Express The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its charge card, credit card, and traveler's cheque businesses. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the US. , the company had 112.8 million cards in force, including 50 million cards in force"
"Banc of America Securities Banc of America Securities LLC (BAS), was the investment banking subsidiary of Bank of America until it was merged with Merrill Lynch after that firm's acquisition in 2008 to become Bank of America Merrill Lynch. Headquartered in New York City, the company competed in both the domestic and international equity and investment banking markets. The company was a registered broker-dealer with the United States Securities and Exchange Commission (SEC) and was a member of the New York Stock Exchange and the National Association of Securities Dealers. The use of ""Banc"" in the BAS's name was indicative"
"Bank of England Building, Liverpool The Bank of England Building is a Grade I listed building located in Liverpool, England. It was designed by Charles Robert Cockerell and built in a Neoclassical style between 1845–48. The building was constructed as one of three branch banks for the Bank of England in the mid-19th century. The building combines several neoclassical architectural styles, notably Greek, Roman and Renaissance. The most evident of these is Greek, with four Doric style columns 'tying' the ground and first floors together. The building itself is raised up from ground level, sitting atop a rough granite plinth."
"for commercial banking services. New York City and London are the largest centers of investment banking services. NYC is dominated by U.S. domestic business, while in London international business and commerce make up a significant portion of investment banking activity. Foreign exchange services are provided by many banks and specialist foreign exchange brokers around the world. Foreign exchange services include: London handled 36.7% of global currency transactions – an average daily turnover of US$1.85 trillion – with more US dollars traded in London than New York, and more Euros traded than in every other city in Europe combined. New York"
"new bank TD Commerce Bank. However, ""Commerce Bank"" based in Worcester, Massachusetts challenged the new name. As a result, TD renamed its US banks TD Bank at end of 2009. TD is the sixth-largest bank by branch network in North America, after JPMorgan, Bank of America, Wells Fargo, PNC, and US Bank. It is also the largest foreign bank in the United States holding almost $200 billion (USD) in deposits. Canada's federal government has sole jurisdiction for banks according to the Canadian Constitution, specifically Section 91(15) of ""The Constitution Act, 1867"" (30 & 31 Victoria, c.3 (UK)), formerly known as"
"a number of industry groups in Europe, as well as cutting numerous banking positions in North America and Asia prior to its merger with Merrill Lynch. Banc of America Securities Banc of America Securities LLC (BAS), was the investment banking subsidiary of Bank of America until it was merged with Merrill Lynch after that firm's acquisition in 2008 to become Bank of America Merrill Lynch. Headquartered in New York City, the company competed in both the domestic and international equity and investment banking markets. The company was a registered broker-dealer with the United States Securities and Exchange Commission (SEC) and"
"departments were reorganized to Accounting, Finance, Management, and Marketing. In 1991, a $15 million endowment was given by David Eccles’ youngest daughter, Emma Eccles Jones, to honor the legacy of her late father. With that gift, the school was renamed to the David Eccles School of Business. David Eccles was a leading pioneer industrialist who, in the latter part of the 19th century, founded 48 businesses in various sectors throughout Utah, Idaho, Oregon, and Wyoming. The University of Utah campus is located on the lower bench of the Rocky Mountains within a 30-minute drive of seven ski resorts and a"
"clerks working for the Inspector would examine the paper trail of documents so that the numerical errors could be found and corrected. Jumping forward several centuries, the Cheque and Credit Clearing Company is the United Kingdom's clearing house. The Suffolk Bank opened the first clearing house in 1818 in Boston, and one was incorporated in New York in 1850. A clearing house for bankers was opened in Philadelphia in 1858. The Americans improved on the British check clearing system and opened a bankers' clearing house, the Clearing House Association, in the Bank of New York on Wall Street, New York"
"Central National Bank (Washington, D.C.) The Central National Bank also known as the Dorothy I. Height Building, or Apex Building, is the national headquarters of the National Council of Negro Women. It is located at 633 Pennsylvania Avenue, Northwest, Washington, D.C., in the Penn Quarter neighborhood. Built in 1860, it operated as the St. Marc Hotel. It was purchased by the Central National Bank, and the west front was renovated in 1887, to the designs of architect Alfred B. Mullett. In 1945, the ground floor was leased by the Apex Liquor store. In 1984, it was renovated by Sears. The"
"Wells Fargo Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with central offices throughout the United States. It is the world's second-largest bank by market capitalization and the fourth largest bank in the US by total assets. Wells Fargo is ranked #26 on the 2018 Fortune 500 rankings of the largest US corporations by total revenue. In July 2015, Wells Fargo became the world's largest bank by market capitalization, edging past ICBC, before slipping behind JPMorgan Chase in September 2016, in the wake of a scandal involving the creation of over 2"
"corporations and nonprofit institutions, such as the Rockefeller Brothers Fund. Martin was an avid tennis player who said he tried to play tennis nearly every day on the tennis court located outside the Federal Reserve Board of Governors Building in Washington, D.C. Martin would go on to serve as president of the National Tennis Foundation and chair of the International Tennis Hall of Fame after retiring from the Federal Reserve. He died of a heart attack at his home in Washington, D.C., on July 28, 1998, at the age of 91. The 1974 Federal Reserve Annex next to the Eccles"
"HSBC Bank USA HSBC Bank USA, National Association, an American subsidiary of UK-based HSBC, is a bank with its operational head office in New York City and its nominal head office in McLean, Virginia (as designated on its charter). HSBC Bank USA, N.A. is a national bank chartered under the National Bank Act, and thus is regulated by the Office of the Comptroller of the Currency (OCC), a part of the U.S. Department of the Treasury. The company has 230 branch locations. In 1980, The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank of New"
"new private equity effort within Bank One, One Equity Partners. Dick Cashin is the brother of Steven Cashin, founder and CEO of Pan African Capital Group, based in Washington, D.C. In 2005, Bank One's private equity affiliate, One Equity Partners was selected to be the exclusive private equity affiliate for the combined firm, prompting the spinout of JPMorgan's private equity affiliate, which is today CCMP Capital. Bank One Corporation Bank One Corporation was the sixth-largest bank in the United States. It traded on the New York Stock Exchange under the stock symbol ONE. The company merged with JPMorgan Chase &"
"the investment bank S. G. Warburg & Co in London in 1946. Siegmund's second cousin, Eric Warburg, founded Warburg Pincus in New York in 1938. Eric Warburg's son Max Warburg Jr. (not to be confused with Eric's father Max Warburg) is currently one of the three partners of M.M.Warburg & Co., Warburg. Max Warburg's elder brother Aby Warburg used family resources to establish the ""Kulturwissenschaftliche Bibliothek Warburg"" in Hamburg, since 1934 ""The Warburg Institute"" in London. Paul Warburg is most famous as an architect of the US Federal Reserve System, established in 1913, as a member of the first Federal"
"a 9-story European Service Center, known as Amex House, in the Carlton Hill area of Brighton, England. It is a large white tower block, built in 1977 and surrounded by several other smaller offices around the city. Amex House deals with card servicing, sales, fraud and merchant servicing. The official Europe, Middle East, and Africa HQ is located in the Belgravia district of Westminster, in central London, at Belgrave House on Buckingham Palace Road, SW1; other UK offices are based in Sussex at Burgess Hill. In November 2009, Brighton and Hove City Council granted planning permission for American Express to"