COMPANY·HISTORIES
NAIC 551111

Offices of Bank Holding Companies

How the companies in this industry began, and the forces that shaped them.

18companies1868–1998founding years16still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedGreenPoint Financial Corp.FoundedGreenPoint Financial Corp.
1868
FoundedGrupo Financiero Banorte, S.A. de C.V.FoundedGrupo Financiero Banorte, S.A. de C.V.
1899
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
FoundedMitsui & Co., Ltd.FoundedMitsui & Co., Ltd.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedHibernia CorporationFoundedHibernia Corporation
1972
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedMBNA CorporationFoundedMBNA Corporation
1982
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
FoundedIBERIABANK CorporationFoundedIBERIABANK Corporation
1995
TechnologyWindows 95 launches; the internet goes mainstream.
FoundedNordea ABFoundedNordea ABFoundedStaten Island Bancorp, Inc.FoundedStaten Island Bancorp, Inc.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedBank One CorporationFoundedBank One Corporation
1998
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

GreenPoint Financial Corp. →
Active · founded 1868
GreenPoint Financial Corp.
GreenPoint Financial Corp. →
Active · founded 1868
GreenPoint Financial Corp.
Grupo Financiero Banorte, S.A. de C.V. →
Active · founded 1899 · Mexico
Grupo Financiero Banorte, S.A.
Grupo Financiero Banorte, S.A. de C.V. →
Active · founded 1899 · Mexico
Grupo Financiero Banorte, S.A.
Mitsui & Co., Ltd. →
Active · founded 1947 · Japan
Part of the Mitsui group, Mitsui & Co., Ltd.
Mitsui & Co., Ltd. →
Active · founded 1947 · Japan
Part of the Mitsui group, Mitsui & Co., Ltd.
Hibernia Corporation →
Active · founded 1972
Hibernia Corporation, headquartered in New Orleans, is a holding company initially formed to serve as the parent…
Hibernia Corporation →
Active · founded 1972
Hibernia Corporation, headquartered in New Orleans, is a holding company initially formed to serve as the parent…
MBNA Corporation →
Defunct · founded 1982
Delaware-based MBNA Corporation is a bank holding company.
MBNA Corporation →
Defunct · founded 1982
Delaware-based MBNA Corporation is a bank holding company.
IBERIABANK Corporation →
Active · founded 1995
IBERIABANK Corporation has 25 branches in the New Iberia/Lafayette area of south central Louisiana, ten in northeast…
IBERIABANK Corporation →
Active · founded 1995
IBERIABANK Corporation has 25 branches in the New Iberia/Lafayette area of south central Louisiana, ten in northeast…
Nordea AB →
Active · founded 1997 · Sweden
First off the starting block among pan-European banking mergers--a trend expected to boom in the early years of the…
Nordea AB →
Active · founded 1997 · Sweden
First off the starting block among pan-European banking mergers--a trend expected to boom in the early years of the…
Staten Island Bancorp, Inc. →
Active · founded 1997
Staten Island Bancorp, Inc.
Staten Island Bancorp, Inc. →
Active · founded 1997
Staten Island Bancorp, Inc.
Bank One Corporation →
Active · founded 1998
Chicago-based Bank One Corporation formed in 1998 through the merger of Banc One Corporation, headquartered in…
Bank One Corporation →
Active · founded 1998
Chicago-based Bank One Corporation formed in 1998 through the merger of Banc One Corporation, headquartered in…
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