When goldsmiths figured out that they could make loans not only on their own assets but also on the gold on deposit with them.
Jay Cooke was the best known and most prestigious banker in the country. But his weakness was investing in railroads.
Philadelphia’s Independence National Historical Park received $22.2 million in federal funding to help rehabilitate the landmark 1797 First Bank building.
The ABA Banking Journal Podcast wraps up Women’s History Month with a conversation on an early Texas banking pioneer: Anna Mebus Martin.
For Valentine’s Day, the ABA Banking Journal Podcast brings you a classic bank-meets-girl-meets-boy love story.
The story of Maggie Lena Walker and her mission to help Black women find financial empowerment and professional career opportunities.
By John Steele Gordon After J. P. Morgan had stopped the financial panic of 1907…
From Butch Cassidy to Bonnie and Clyde, bank robbers have always had a pop culture mystique. But bank robberies are no Hollywood storyline for bank employees and customers, whose safety and even lives are put at risk when a robber holds up a bank branch. In Indiana in the 1920s, bankers took the protection of their banks into their own hands.
By John Steele Gordon As a thoroughfare, Wall Street is unimpressive. Narrow and just six…