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Guaranty Trust Maintains Elite Banking Niche in New York
The Guaranty Trust Co. plans to stay aloof and independent serving large corporate and high net worth clients while exploring limited employee stock loans through partner banks. The bank’s market share has fallen from 14.7 percent in 1940 to about 9 percent by 1955, raising questions about the future of pure class banking versus mass deposit growth.
MENTIONED IN THIS ARTICLE
J.A. Livingston
New York
the Guaranty Trust Co
Bawl Street Journal
Bond Club of
J.P. Morgan & Co
Guaranty Trust
Guaranty
First National Bank
New York Clearing House
National City Bank of New York
Eighteenth National Bank of
Siwash