Milton Fitzpatrick: Difference between revisions
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Revision as of 15:48, 8 May 2021
Traded as | MFB |
---|---|
Industry | Banking |
Predecessors | Milton Savings and Loan Bank, Fitzpatrick Investments of Felderling |
Founder | Theodore Milton |
Headquarters | , |
Key people | Alexander Fanin (CEO) Richard Jones (Chairman) Nicholas Angelos (CFO) |
Revenue | £43.232 Billion |
£11.443 Billion | |
AUM | £843.635 Billion |
Total assets | £989.546 Billion |
Owner | Stuyvesant Company (55%) |
Subsidiaries | Commonwealth Bank |
The Milton-Fitzpatrick bank is a Delamarian retain and investment bank, headquartered in Yorkerdam, Vandergart. It is the largest bank in Delamaria, as well as being one of the largest in the world.
History
In 1820, businessman Theodore Milton opened their first bank in Yorkerdam, establishing the foundations of a financial empire that would eventually span the globe. By 1841, the Milton Savings and Loans Bank stretched across Delamaria with as many as 40 local branches open. In 1843, Milton acquired Fitzpatrick Investments of Felderling, creating the Milton-Fitzpatrick Bank. In 1867 the Stuyvesant company bought 30% of the bank, later expanding to 55% in 1875. To this day the company maintains their share of the bank.
Over the 20th century the bank expanded across argis and later the world, becoming a dominant power in the retail banking sector. In 1997 the company acquired the Commonwealth Bank, a Delamarian retain bank, solidifying their position. In 2007 the bank was accused of working with organised crime, after mafia boss Steve Busc was found to have multiple accounts with the bank, with them knowingly accepting deposits.