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{{POV|date=January 2009}} {{POV|date=January 2009}}
The '''Union Banking Corporation''' ('''UBC''') was a ]ing ] in the ] whose assets were seized by the United States government during ] under the ] and Executive Order No. 9095. According to an Oct. 5, 1942, report from the USA's federal Office of Alien Property Custodian, Union Banking was owned by Bank voor Handel en Scheepvaardt N.V., a Dutch bank. Said Dutch bank was "closely affiliated" with United Steel Works,{{irrel}} a German company. Fritz Thyssen and his brother, Heinrich Thyssen-Bornemisza, had the Dutch bank and the steel firm as part of their business and financial empire according to the US. government agency.<ref>{{cite web|url=http://www.foxnews.com/story/0,2933,100474,00.html|title=Documents: Bush's Grandfather Directed Bank Tied to Man Who Funded Hitler|publisher=FoxNews.com}}</ref><ref>{{cite web|url=http://www.guardian.co.uk/world/2004/sep/25/usa.secondworldwar|title=How Bush's grandfather helped Hitler's rise to power|publisher=The Guardian}}</ref><ref>{{cite web|url=http://www.archives.gov/iwg/declassified-records/rg-131-alien-property/rg-131-records-02.html The '''Union Banking Corporation''' ('''UBC''') was a ]ing ] in the ] whose assets were seized by the United States government during ] under the ] and Executive Order No. 9095. According to an Oct. 5, 1942, report from the USA's federal Office of Alien Property Custodian, Union Banking was owned by Bank voor Handel en Scheepvaardt N.V., a Dutch bank. <ref>{{cite web|url=http://www.archives.gov/iwg/declassified-records/rg-131-alien-property/rg-131-records-02.html
|title=Records of the Office of the Alien Property Custodian |title=Records of the Office of the Alien Property Custodian
|publisher=U.S. National Archives and Records Administration |publisher=U.S. National Archives and Records Administration

Revision as of 11:47, 27 February 2009

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The Union Banking Corporation (UBC) was a banking corporation in the US whose assets were seized by the United States government during World War II under the Trading with the Enemy Act and Executive Order No. 9095. According to an Oct. 5, 1942, report from the USA's federal Office of Alien Property Custodian, Union Banking was owned by Bank voor Handel en Scheepvaardt N.V., a Dutch bank.

Founding

The UBC was founded in August 1924, with offices at 39 Broadway in New York City. The founding officers of the bank included Cornelis Lievense as President, along with the following:

  • Prescott Bush, officer of W.A. Harriman & Co.
  • Johann G. Groeninger, managing director of the Halcyon shipping line of Rotterdam.
  • E. Roland Harriman, brother and business partner of W. Averell Harriman.
  • H. J. Kouwenhoven, managing director of the Bank voor Handel en Scheepvaart of Rotterdam.
  • Samuel F. Pryor, Chairman of the Executive Committee of Remington Arms.
  • J. P. Ripley, officer of W.A. Harriman & Co.
  • J. D. Sawyer, officer of W.A. Harriman & Co.


References

  1. "Records of the Office of the Alien Property Custodian". U.S. National Archives and Records Administration. Retrieved 2008-10-01.
  2. "Vesting Order Number 248". Federal Register (7 F.R. 5205).
  3. "Hitler's Angel has 3 millions in N.Y. Bank" (PDF). Washington Post possible copyright violation.
  4. "New International Bank", New York Times, Sep 10, 1924, p. 33
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