2-589: The Hanover Trust Company was a private American bank of the 1920s. Its offices were located in Boston , Massachusetts . It became infamous initially for turning down Charles Ponzi for a loan of 2,000 dollars (for his IRC scheme) in 1919, and subsequently for being bought up by Charles Ponzi in July 1920. This United States bank–related article is a stub . You can help Misplaced Pages by expanding it . Private bank Private banks are banks owned by either
4-580: The individual or a general partner(s) with limited partner(s). Private banks are not incorporated . In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. Private banks have a long tradition in Switzerland , dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have
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