The story
Founded by Prescott Bush in 1924, in New York City.1
Private company
Union Banking Corporation
Former US-based investment bank
The Union Banking Corporation (UBC) was a New York investment bank incorporated in 1924 in the United States. During World War II, under the U.S. Trading with the Enemy Act, the United States government seized the bank's assets pending investigation of the bank's business involving a former party member of the Nazi government in Germany, Fritz Thyssen.2 It was founded by Prescott Bush.1 It ceased to exist in 1951.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
1924Founded1
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The Union Banking Corporation (UBC) was a New York investment bank incorporated in 1924 in the United States. During World War II, under the U.S. Trading with the Enemy Act, the United States government seized the bank's assets pending investigation of the bank's business involving a former party member of the Nazi government in Germany, Fritz Thyssen. The now-former U.S. Senator Prescott Bush was a founding member and is included among its seven directors whose entire collective shareholdings in Union Banking Corp. were shares wholly owned by, and held on behalf of, the Thyssen empire's Bank voor Handel en Scheepvaart in Rottendam.2
Leadership
Who has led Union Banking Corporation, and when. Pick a name to see everywhere that person has worked.
- FounderPrescott Bush1
Timeline
Links
- WikipediaUnion Banking Corporation
- WikidataQ2311918
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2