It was set up in 2011 by Dave Fishwick, who felt that the current banking system was corrupt and needed change; he felt they weren't lending enough money to people or small businesses that needed a kick-start to get going, and that the rate of interest for savings was too low.
Tite Kubo's character commentary for Smith in volume one states that Smith's appearance was based on a London banker, and notes that the "C.T" in his name was originally meant to hold some significance before the series' cancellation.
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