X-Nico

2 unusual facts about Trade development Bank


Peter A. Cohen

In 1978, Cohen left Shearson for one year to work for Edmond Safra at Republic New York Corporation and the Trade Development Bank before returning to Shearson in 1979.

Trade Development Bank

The acquisition of TDB by American Express was part of Jim Robinson's plan, who at the time was the chairman of American Express, to break into the private depositor banking industry.


Robert Savage

During the famous Edmond Safra affair of the 1980s he was part of a management group led by Bob Smith which was close to buying the Trade development Bank and American Express for $600 million.


see also