Republic New York
American bank holding company / From Wikipedia, the free encyclopedia
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Republic New York Corporation was the holding company for Republic National Bank of New York, Safra Republic Holdings, and Safra Republic Bank.[1]
Quick Facts Industry, Founded ...
Industry | Banking |
---|---|
Founded | 1966; 58 years ago (1966) |
Founder | Edmond Safra |
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The company was controlled by billionaire Edmond Safra, who was killed in a fire in his Monte Carlo penthouse apartment by his nurse Ted Maher.[2] Republic New York Corporation was sold shortly after its chairman's death to HSBC Bank USA, the US subsidiary of HSBC of the UK.
Joseph Safra, the brother of Edmond Safra, controlled and owned independently the Safra Group of banks and financial institutions.