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Charles Edwin Mitchell (October 6, 1877 – December 14, 1955) was an American banker whose incautious securities policies facilitated the speculation which led to the Crash of 1929. First National City Bank's (now Citibank ) controversial activities under his leadership were a major contributing factor in the passage of the Glass-Steagall Act .
- Banker
- December 14, 1955 (aged 78), New York City, U.S.
- Charles Edwin Mitchell, October 6, 1877, Chelsea, Massachusetts, U.S.
- National City Bank
Jul 21, 2023 · Updated: February 09, 2024. Around noon on one of the worst days in the history of Wall Street, Charles E. Mitchell hurried up the steps of the House of Morgan, a two-story gray building across from the New York Stock Exchange. It was Oct. 24, 1929, and disaster had struck. When the market opened, stocks plummeted so fast the exchange’s ...
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Mar 26, 2024 · Charles E. Mitchell (born Oct. 6, 1877, Chelsea, Mass., U.S.—died Dec. 14, 1955, New York, N.Y.) was an American banker and chairman of the National City organization. Mitchell took his first job with the Western Electric Company in Chicago and became the president’s assistant in 1903. Three years later he left the firm and became assistant ...
Apr 25, 2024 · Charles Mitchell is the President and Chief Executive Officer (CEO) for the Commonwealth Foundation. Charles grew up in the Philadelphia suburbs in a family of railroaders, teachers, and small business owners. He is a graduate of Pennsylvania’s public schools, Bucknell University, the Koch Associate Program, and the Claremont Institute’s Publius Fellowship. Charles first became associated ...
Apr 24, 2012 · Craig Mitchell, Son of Charles E. Mitchell: About 12:30, there was an announcement that this group of bankers would make available a very substantial sum to ease the credit stringency and support ...
National City Bank1921–1929. Industry: Finance. Era: 1920. Under Mitchell’s presidency, National City Bank was converted into a modern retail banking organization and a world-wide banking empire with offices from London to Singapore. He popularized checking accounts for individuals and pioneered personal loans to customers in 1928.
