international banking

21
Year merger closed Acquirer Acquired bank 1923 1926 1929 1929 1929 1930 Equitable Trust Co. of NY 1930 Interstate Trust Co. 1932 1941 1943 1948 1951 1952 1954 Corn Exchange Bank & Trust Co. 1955 1955 1955 1955 1956 Growers Bank and Trust 1956 1956 1957 American Trust Co. Table[edit] Berks County Trust Compa Schuylkill Valley Bank Fidelity Trust Company Philadelphia Trust Company Security Trust Company National Bank of Delaware Colonial Trust Company Northeastern Trust Company Bank of North America Pennsylvania Company for Insurances on Lives Chase National Bank Chase National Bank Berks County Trust Compa Colonial-Northeastern Trust C Berks County Trust Compa Union National Bank (Pennsylv Wilmington Trust Union National Bank Chemical Bank & Trust Co Continental Bank & Trust Co. of NY Chemical Bank & Trust Co National Safety Bank & Trust Co. of NY Equitable Trust Company Security Trust Company Chemical Bank & Trust Co Bank of North America and Trust Company First National Bank National City Bank of New York First National Bank of New York Bank of the Manhattan Co Chase National Bank Bankers Trust Public National Bank & Trust Co. Citizens and Southern National Bank of South Carolina Fidelity-Philadelphia Tr Farmers National Bank of Buck Fidelity-Philadelphia Tr Roosevelt Bank Commercial National Bank

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Page 1: international banking

Year merger closed Acquirer Acquired bank

1923

1926

1929

1929

1929

1930 Equitable Trust Co. of NY

1930 Interstate Trust Co.

1932

1941

1943

1948

1951

1952

1954 Corn Exchange Bank & Trust Co.

1955

1955 First National Bank of New York

1955

1955 Public National Bank & Trust Co.

1956 Growers Bank and Trust

1956

1956

1957 American Trust Co.

Table[edit]

Berks County Trust CompanySchuylkill Valley Bank

Fidelity Trust Company Philadelphia Trust CompanySecurity Trust Company National Bank of Delaware

Colonial Trust Company Northeastern Trust Company

Bank of North AmericaPennsylvania Company for Insurances on Lives

Chase National BankChase National Bank

Berks County Trust CompanyColonial-Northeastern Trust Company

Berks County Trust CompanyUnion National Bank (Pennsylvania)Wilmington Trust Union National Bank

Chemical Bank & Trust Co.Continental Bank & Trust Co. of NY

Chemical Bank & Trust Co.National Safety Bank & Trust Co. of NY

Equitable Trust Company Security Trust Company

Chemical Bank & Trust Co.

Bank of North America and Trust Company First National BankNational City Bank of New York

Bank of the Manhattan Co. Chase National Bank

Bankers Trust

Citizens and Southern National Bank of South Carolina

Fidelity-Philadelphia Trust CompanyFarmers National Bank of Bucks County

Fidelity-Philadelphia Trust CompanyRoosevelt Bank

Commercial National Bank

Page 2: international banking

1957

1959 Clinton Trust Company

1959 New York Trust Co.

1961 Guaranty Trust Co. of NY

1960

1961 Manufacturers Trust Co. Hanover Bank

1963 Bank of Rockville Centre Trust Co.

1940s-1960s

1964

1964

1975 Security National Bank

1983

1983

1983

1984 Lincoln First Bank

1985 Colonial Bank

1985

1985 Bank of New England Corp.

1985

1985 Trust Company of Georgia SunBanks, Inc.

1985 Signet Banking Corporation Union Trust Bancorp

1986 Signet Banking Corporation Security National Corp.

1986 Suburban Bank

Chase Manhattan BankStaten Island National Bank & Trust Co. of NY

Chase Manhattan Bank

Chemical Corn Exchange Bank

J. P. Morgan & Co.

American Commercial Bank North Carolina National Bank

Chemical Bank New York Trust Co.

Berks County Trust Company

Wyomissing Valley Bank, Temple State Bank, Mount Penn Trust Company, Reamstown Exchange Bank, Schuylkill Trust Company

Chemical Bank New York Trust Co.First National Bank of Mount Vernon

Chemical Bank New York Trust Co.Bensonhurst National Bank of Brooklyn

Chemical Bank New York Trust Co.Mellon National Corp. Girard Bank

BankAmerica Corp. Seafirst Bank

American Bankcorp (changed name from Berks County Trust Company to American Bank and Trust Co. 1964)Central-Penn National Corporation (Central-Penn Bank)

Chase Manhattan CorporationBank of Boston Corp.

Bank of Boston Corp.Rhode Island Hospital Trust National Bank

The Connecticut Bank and Trust Co.

Citizens and Southern Georgia Corporation

Citizens and Southern National Bank of South Carolina

Sovran Financial Corp.

Page 3: international banking

1985 Third National Corporation

1986 The Arizona Bank

1986

1987

1987

1987

1987

1987 RepublicBank Corp. Interfirst Corp.

1987 Rainier National Bank

1987 Commerce Union Bank

1987

1987 Atlantic National Bank of Florida

1988

1988 Shawmut Corp. Hartford National Corp.

1988 Shawmut Corp. Arlington Trust Co.

1988 First Bank System, Inc. Central Bank of Denver

1988

1988

1988 Credit Suisse The First Boston Corporation

1988

1989

1989 Centerre Bank

1989 Nevada National Bancorporation

1989 Magna Bank (Missouri)

1990

1990 Florida National Bank

1990

SunTrust BanksSecurity Pacific Corp.

Wells Fargo Corp. Crocker National Bank

Chemical Bank New York Trust Co.Texas Commerce Bank

Fleet Financial Group, Inc. Norstar Bank

First Fidelity Bancorp. The Fidelity Bank (Fidelcor)PNC Financial Corp. Central Bancorp.

Security Pacific Corp.Sovran Financial Corp.

U.S. BancorpPeoples National Bank of Washington

First Union Corp.Bank of New York Irving Trust Company

Wells Fargo Corp. Barclays Bank of California, a subsidiary of Barclays plcSecurity Pacific Corp. The Hibernia Bank

North Carolina National BankFirst Republic Bank Corporation

PNC Financial Corporation Bank of Delaware CorporationBoatmen's BancsharesSecurity Pacific Corp.Union Planters Bank

CoreStates Financial Corp. First Pennsylvania BankFirst Union Corporation

Citizens & Southern National BankSovran Financial Corp.

Page 4: international banking

1991 Bank of New England

1991

1991 United Bank of Denver

1991 The South Carolina National Bank

1991

1991 Summcorp

1991 Society Corp. Ameritrust Corp.

1991 Signet Banking Corporation Madison National Bank

1991

1992

1992 Keycorp Puget Sound National Bank

1992 Barnett Banks, Inc. First Florida Bank

1992 Manufacturers Bank

1992 NBD Bancorp INB Financial Corp.

1992

1993 First Bank System, Inc. Colorado National Bank

1993

1993

1993 Dominion Bank

1993 First American Bankcorp

1993 Maryland National Bank

1993

1994 Society Corp. Keycorp

1994 Signet Banking Corporation Pioneer Financial Corp.

1994 BankAmerica Corp. Continental Illinois National Bank

1994

1995 Deerbank Corp.

1995

1995 Southern National Corp.

1995

1996

1996 Union Bank

1996

Fleet/Norstar Financial Group, Inc.

North Carolina National BankC&S/Sovran Corp.Norwest Corp.

Wachovia

First Union Corporation Southeast Banking CorporationNBD Bancorp

First Fidelity Bank Atlantic FinancialBankAmerica Corp. Security Pacific Corp.

Comerica, Inc.

Chemical Bank Manufacturers Hanover Trust Company

Banc One Corp. Valley National Bank of Arizona

Bank of Boston Corp.South Shore Bank, Mechanics Bank, First Agricultural

First Union CorporationFirst Union CorporationNationsBank Corp.NationsBank Corp. American Security Bank

First Fidelity Bank Bank of BaltimoreNBD BancorpFirst Chicago Bank NBD BankBB&T Corporation

Fleet Financial Group, Inc. Shawmut National Corp.Wells Fargo Corp. First Interstate Bancorp

Bank of California

Chemical Banking Corp. Chase Manhattan Corporation

Page 5: international banking

1996 Meridian Bancorp, Inc.

1996 Bank of Boston Corp. BayBanks, Inc.

1996 First Fidelity Bank

1996

1996

1996 Crestar Financial Corp. Citizens Bancorp (Laurel, MD)

1997 First Bank System, Inc.

1997

1997

1997 Signet Banking Corporation

1997 First of America Bank

1997

1997 First Nationwide Bank

1998 Barnett Banks, Inc.

1998

1998 BankAmerica Corp.

1998 First Nationwide Holdings, Inc.

1998 Norwest Corp

1998 Star Banc Corp. Firstar Holdings Corp.

1998

1998

1998

1998 Crestar Financial Corp.

1998 H.F. Ahmanson & Co.

1999 BankBoston Corp.

1999

1999 Republic New York Corporation

1999 Mercantile Bancorporation, Inc.

1999

2000

2000 Bank United Corp.

2000 First Security Corp.

2000

2001

2001 First Union Corp.

2001

2001

2001

CoreStates Financial Corp.

First Union Corporation

First Union CorporationCenter Financial Corporation(CenterBank)

Fleet Financial Group, Inc. National Westminster Bancorp, a subsidiary of National Westminster Bank

U.S. BancorpNationsBank Corp. Boatmen's Bancshares

Washington MutualGreat Western Financial Corporation

First Union CorporationNational City Corp.Banc One Corp. First USA

California Federal BankNationsBank Corp.First Union Corporation CoreStates Financial Corp.NationsBank Corp.Golden State Bancorp

Wells Fargo Corp.

Banc One Corp. First Chicago NBDBanc One Corp. First Commerce Corp.Travelers Group CiticorpSunTrust BankWashington MutualFleet Financial Corp.Deutsche Bank AG Bankers Trust Corp.HSBC Holdings plcFirstar Corporation

AmSouth Bancorporation First American National Bank

Chase Manhattan CorporationJ.P. Morgan & Co. Inc.Washington MutualWells Fargo & Co.UBS AG Paine WebberFirstar Corporation U.S. Bancorp

WachoviaFifth Third Bancorp Old Kent Financial Corp.Standard Federal Bank Michigan National Bank

FleetBoston Financial Corp. Summit Bancorp

Page 6: international banking

2002

2002

2002 Household International, Inc.

2003

2003

2004 New Haven Savings Bank

2004 The Trust Company of New Jersey

2004

2004

2004

2004

2004

2004

2005

2005

2005

2006

2006 Cornerstone Bank

2006

2006

2006

2007 Republic Bancorp

2007

2007

2007

2007

2007

2007

2007

2008

2008

2008

2008

2008

2008

Citigroup Golden State BancorpWashington Mutual Dime Bancorp, Inc.HSBC Holdings plcBB&T Corp. 1st Virginia Banks, Inc.M&T Bank Allfirst Bank

Savings Bank of Manchester, Tolland Bank

North Fork Bancorporation Inc.

Bank of America Corp. FleetBoston Financial Corp.J.P. Morgan Chase & Co. Bank OneBanco Popular Quaker City Bank

Regions Financial CorporationUnion Planters CorporationSunTrust National Commerce FinancialWachovia SouthTrustPNC Bank Riggs Bank

Capital One Financial CorporationHibernia National Bank

Bank of America MBNA Corporation

Wachovia

Westcorp Inc. (holding company for WFS Financial Inc and Western Financial Bank)

NewAlliance Bank

Capital One Financial CorporationNorth Fork BankWachovia Golden West Financial

Regions Financial CorporationAmSouth BancorporationCitizens Banking Corporation

Banco Bilbao Vizcaya Argentaria USACompass BancsharesBank of America LaSalle Bank

State Street Corporation Investors Financial Services CorporationBank of New York Mellon Financial CorporationWachovia World Savings Bank

Bank of America U.S. Trust CorporationM&T Bank Partners Trust Financial GroupTD Banknorth Commerce BancorpJPMorgan Chase Bear StearnsBank of America Merrill LynchWells Fargo WachoviaJPMorgan Chase Washington MutualFifth Third Bank First Charter Bank

Page 8: international banking

Merged entity Transaction value Ultimate successor

Security Trust Company

Wilmington Trust

Berks County Trust Company Wells FargoFidelity-Philadelphia Trust Company Wells Fargo

Colonial-Northeastern Trust Company Wells Fargo

Bank of North America and Trust Company Wells FargoChase National Bank JPMorgan Chase & Co.Chase National Bank JPMorgan Chase & Co.

Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp)Wells Fargo

Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp)Wells FargoM&T Bank

Chemical Bank & Trust Co. JPMorgan Chase & Co.

Chemical Bank & Trust Co. JPMorgan Chase & Co.Equitable Security Trust Company PNC Financial Services

Chemical Corn Exchange Bank JPMorgan Chase & Co.

First Pennsylvania Banking and Trust Company Wells Fargo

First National City Bank Citigroup

Chase Manhattan Bank JPMorgan Chase & Co.

Bankers Trust Deutsche Bank

Citizens and Southern National Bank of South Carolina Bank of America

Fidelity-Philadelphia Trust Company Wells Fargo

Fidelity-Philadelphia Trust Company Wells Fargo

American Commercial Bank Bank of America

Page 9: international banking

Mellon National

Bank of New England Corp.

Signet Banking Corporation

Signet Banking Corporation

Chase Manhattan Bank JPMorgan Chase & Co.Chase Manhattan Bank JPMorgan Chase & Co.

Chemical Bank New York Trust Co. JPMorgan Chase & Co.

Morgan Guaranty Trust Co. of NY JPMorgan Chase & Co.

North Carolina National Bank Bank of America

Manufacturers Hanover Bank JPMorgan Chase & Co.

Chemical Bank New York Trust Co. JPMorgan Chase & Co.

Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp)Wells Fargo

Chemical Bank New York Trust Co. JPMorgan Chase & Co.

Chemical Bank New York Trust Co. JPMorgan Chase & Co.

Chemical Bank New York Trust Co. JPMorgan Chase & Co.Bank of New York Mellon

BankAmerica Corp. (Seafirst banks operated as Seafirst until 1998) Bank of America

Meridian Bancorp, Incorporated Wells Fargo

Chase Manhattan Corporation (Chase Lincoln First until 1993) JPMorgan Chase & Co.Bank of Boston Corp. Bank of America

Bank of Boston Corp. Bank of America

Bank of America

Citizens & Southern National Bank Bank of AmericaSunTrust Banks SunTrust Banks

Wells Fargo

Wells FargoSovran Financial Corp. Bank of America

Page 10: international banking

$1.2 billion

First Union

PNC Financial Corporation

SunTrust Banks SunTrust BanksSecurity Pacific Corp. Bank of America

Wells Fargo Corp. (combined California bank uses Crocker's charter)Wells Fargo

Chemical Banking Corporation (TX banks continued to operate as Texas Commerce)JPMorgan Chase & Co.

Fleet/Norstar Financial Group, Inc.$1.3 billion[7] Bank of America

First Fidelity Bancorp $1.34 billion; largest ever at the time[7]Wells FargoPNC Financial Corp. Nearly $700 million[7] PNC Financial Services

First Republic Bank Corporation Bank of America

Security Pacific Corp. (banks in Pacific NW continued to operate as Rainier)Bank of AmericaSovran Financial Corp. Bank of America

U.S. Bancorp U.S. BancorpWells Fargo

Bank of New York Bank of New York MellonShawmut National Corp. Bank of AmericaShawmut National Corp. Bank of America

First Bank System, Inc. (Colo. banks never became First Bank due to name conflict) U.S. Bancorp

Wells Fargo Corp. Wells FargoSecurity Pacific Corp. Bank of America

CS First Boston (later Credit Suisse First Boston) Credit Suisse

North Carolina National Bank Bank of America

PNC Financial ServicesBoatmen's Bancshares Bank of AmericaSecurity Pacific Corp. Bank of AmericaUnion Planters Bank Regions Financial

CoreStates Financial Corp. Wells FargoFirst Union Corporation Wells Fargo

C&S/Sovran Corp. Bank of America

Page 11: international banking

Norwest Corp.

Society Corp.

Signet Banking Corporation

BankAmerica Corp.

Keycorp

Barnett Banks, Inc.

Comerica

NBD Bancorp

Keycorp

Signet Banking Corporation

BankAmerica Corp.

First Fidelity Bank

$120 million

$25 billion

Fleet/Norstar Financial Group, Inc. Bank of America

NationsBank Corp. Bank of AmericaWells Fargo

Wachovia Wells Fargo

First Union Corporation Wells FargoNBD Bank $323 million[9] JPMorgan Chase & Co.

KeyBank

Wells FargoFirst Fidelity $991 million[10] Wells Fargo

Bank of AmericaKeyBankBank of AmericaComerica

$876 million[11] JPMorgan Chase & Co.

Chemical Bank JPMorgan Chase & Co.

First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp)U.S. Bancorp

Banc One Corp. JPMorgan Chase & Co.

Bank of Boston Corp. Bank of AmericaFirst Union Corporation Wells FargoFirst Union Corporation Wells FargoNationsBank Corp. Bank of AmericaNationsBank Corp. Bank of America

KeyBank

Wells Fargo

Bank of AmericaWells Fargo

NBD Bank JPMorgan Chase & Co.First Chicago NBD JPMorgan Chase & Co.BB&T Corporation BB&T

Fleet Financial Group, Inc. Bank of AmericaWells Fargo Corp. Wells FargoUnion Bank of California Union Bank N.A.

Chase Manhattan Corporation JPMorgan Chase & Co.

Page 12: international banking

Crestar Financial Corp.

$9.6 Billion

$5.8 billion

$140 Billion

Deutsche Bank AG

$6.3 Billion

$1.5 Billion

CoreStates Financial Corp. Wells FargoBankBoston Corp. Bank of AmericaFirst Union Corporation Wells Fargo

First Union Corporation Wells Fargo

Fleet Financial Group, Inc. Bank of AmericaSunTrust Banks

U.S. Bancorp U.S. BancorpNationsBank Corp. Bank of America

Washington Mutual JPMorgan Chase & Co.First Union Corporation Wells FargoNational City Corp. PNC Financial ServicesBank One Corp. JPMorgan Chase & Co.

California Federal Bank$1.2 billion, 1st Nationwide rebranded as "Cal Fed." Citibank

NationsBank Corp. Bank of AmericaFirst Union Corporation Wells FargoBank of America Corp. Bank of AmericaGolden State Bancorp CitigroupWells Fargo Corp. Wells FargoFirstar Corporation U.S. BancorpBank One Corp. JPMorgan Chase & Co.Bank One Corp. JPMorgan Chase & Co.Citigroup CitigroupSunTrust Banks, Inc. SunTrust BanksWashington Mutual JPMorgan Chase & Co.FleetBoston Financial Corp. Bank of America

Deutsche BankHSBC Bank USA HSBC Bank USAFirstar Corporation U.S. Bancorp

AmSouth Bancorporation Regions Financial

J.P. Morgan Chase & Co. JPMorgan Chase & Co.Washington Mutual JPMorgan Chase & Co.Wells Fargo & Co. Wells FargoUBS AG UBS AGU.S. Bancorp U.S. BancorpWachovia Wells FargoFifth Third Bancorp Fifth Third BankStandard Federal Bank Bank of America

FleetBoston Financial Corp. Bank of America

Page 13: international banking

$5.8 billion

North Fork Bancorporation Inc. $726 Million

$47 Billion

$5.9 Billion

$14.3 Billion

$35 Billion

$10 Billion

$1.048 Billion

$9.8 Billion

$21 Billion

$4.2 Billion

$18.3 Billion

$25 Billion

$8.5 Billion

$1.1 Billion

$50 Billion

Citigroup CitigroupWashington Mutual JPMorgan Chase & Co.HSBC Bank USA HSBC Bank USABB&T Corp. BB&TM&T Bank M&T Bank

NewAlliance Bank NewAlliance Bank

Capital One FinancialBank of America Corp. Bank of AmericaJPMorgan Chase & Co. JPMorgan Chase & Co.Banco Popular Banco Popular

Regions Financial Corporation Regions FinancialSunTrust $6.98 Billion[13] SunTrust BanksWachovia Wells FargoPNC Bank $0.78 billion[14] PNC Financial Services

Capital One Financial Corporation$4.9 Billion[15] Capital One Financial

Bank of America Card Services Bank of America

Wachovia $3.91 Billion[16] Wells FargoNewAlliance Bank NewAlliance Bank

Capital One Financial Corporation$13.2 Billion[17] Capital One FinancialWachovia $25 Billion[18] Wells Fargo

Regions Financial Corporation Regions Financial

Citizens Republic Bancorp FirstMerit Bank

BBVA Compass BBVA CompassBank of America Bank of America

State Street Corporation State Street CorporationBank of New York Mellon Bank of New York MellonWachovia Wells Fargo

Bank of America Private Wealth Management Bank of AmericaM&T Bank M&T BankTD Bank, N.A. TD Bank, N.A.JPMorgan Chase JPMorgan Chase & Co.Bank of America Bank of AmericaWells Fargo $15.1 Billion[19] Wells FargoJPMorgan Chase $1.9 Billion[20] JPMorgan Chase & Co.Fifth Third Bank $1.1 billion[21] Fifth Third Bank