Late 20th Century
29 entries
European Central Bank
Established on June 1, 1998, in Frankfurt to manage the euro and monetary policy for the eurozone. T...
Continental Illinois
The failure of Continental Illinois National Bank in 1984 was the largest bank failure in US history...
Industrial and Commercial Bank of China
The largest bank in the world by total assets, with over 6 trillion. ICBC was established in 1984 wh...
Online Banking Origin
Stanford Federal Credit Union launched the first internet banking service in 1994. Security First Ne...
Long-Term Capital Management Bank
Long-Term Capital Management was a hedge fund that operated like a bank, borrowing over 100 billion ...
Shadow Banking System
The shadow banking system refers to non bank financial intermediaries that perform bank like functio...
ING Group
ING was formed in 1991 from the merger of Nationale Nederlanden insurance and NMB Postbank. ING pion...
1980s Banking Deregulation
The Depository Institutions Deregulation and Monetary Control Act of 1980 deregulated the US banking...
Basel Accords
The Basel Accords are international banking regulations setting minimum capital requirements. Basel ...
BCCI Scandal
The Bank of Credit and Commerce International was a global bank founded in 1972 by Pakistani financi...
Savings and Loan Crisis Detail
The savings and loan crisis of the 1980s and early 1990s resulted from a combination of deregulation...
Sweden Banking Crisis 1992
Sweden experienced a severe banking crisis in the early 1990s after a real estate and credit boom. B...
Too Big to Fail
The concept that some financial institutions are so large and interconnected that their failure woul...
Silver Thursday Detail
The Hunt brothers attempt to corner the silver market collapsed on March 27, 1980, known as Silver T...
Nordic Banking Crisis
The Nordic banking crisis of the early 1990s affected Sweden, Norway, and Finland after real estate ...
Korean Banking Restructuring
After the Asian Financial Crisis hit South Korea in 1997, the government restructured the entire ban...
Czech National Bank
Established on January 1, 1993, after the dissolution of Czechoslovakia. The CNB inherited the Czech...
HDFC Bank
Founded in 1994 as a subsidiary of Housing Development Finance Corporation. HDFC Bank became the lar...
UniCredit
UniCredit was formed from the 1998 merger of several Italian banks including Credito Italiano and Ro...
PayPal Origins
PayPal was founded in 1998 as Confinity by Max Levchin, Peter Thiel, and Luke Nosek. The company ini...
Equity Bank
Equity Bank was founded in 1984 as Equity Building Society in Kenya, initially targeting low income ...
Goldman Sachs IPO
Goldman Sachs went public on May 3, 1999 at 53 per share. The IPO valued the firm at 33 billion. Gol...
Grameen Bank
Grameen Bank, founded by Muhammad Yunus in 1983, pioneered microfinance and microcredit. Grameen mad...
ING Direct Innovation
ING Direct launched in 1997 in Canada, revolutionizing retail banking. The bank offered high interes...
Abu Dhabi Commercial Bank
ADCB was formed in 1985 from the merger of Emirates Commercial Bank and Federal Commercial Bank. ADC...
Meezan Bank
Meezan Bank is the largest Islamic bank in Pakistan, founded in 1997 as the first purely Islamic com...
VBSP Vietnam
The Vietnam Bank for Social Policies was established in 1995 to provide policy lending to poor house...
Central Bank Communication
Central bank communication has evolved dramatically. Before the 1990s, central banks were deliberate...
VTB Bank
VTB Bank was established in 1990 as Vneshtorgbank, the Bank for Foreign Trade of Russia. VTB grew in...