Riggs Bank
E738947
Riggs Bank was a historic Washington, D.C.–based financial institution long known as the “bank of presidents” for its prominent political and diplomatic clientele.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Riggs Bank canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf | bank ⓘ |
| acquiredBy | PNC Financial Services NERFINISHED ⓘ |
| acquisitionDate | 2005 ⓘ |
| architecturalStyleOfMainBuilding | Beaux-Arts NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dissolved | 2005 ⓘ |
| foundedBy | George Washington Riggs NERFINISHED ⓘ |
| headquartersLocation | Washington, D.C. ⓘ |
| inception | 1840 ⓘ |
| industry |
banking
ⓘ
financial services ⓘ |
| investigatedBy |
Office of the Comptroller of the Currency
NERFINISHED
ⓘ
U.S. Senate Permanent Subcommittee on Investigations NERFINISHED ⓘ |
| involvedIn |
Equatorial Guinea corruption scandal
NERFINISHED
ⓘ
Saudi embassy accounts controversy NERFINISHED ⓘ |
| knownFor |
handling accounts of foreign governments
ⓘ
serving prominent political and diplomatic clients ⓘ |
| locatedIn | Washington, D.C. ⓘ |
| mainBuilding | Riggs National Bank building NERFINISHED ⓘ |
| mainBuildingLocation | Pennsylvania Avenue NW, Washington, D.C. NERFINISHED ⓘ |
| mainBuildingStatus | listed on the National Register of Historic Places ⓘ |
| nickname | bank of presidents ⓘ |
| notableClient |
Abraham Lincoln
NERFINISHED
ⓘ
Dwight D. Eisenhower NERFINISHED ⓘ Harry S. Truman NERFINISHED ⓘ James A. Garfield NERFINISHED ⓘ Ulysses S. Grant NERFINISHED ⓘ Woodrow Wilson NERFINISHED ⓘ foreign embassies in Washington, D.C. ⓘ |
| operatedIn |
19th century
ⓘ
20th century ⓘ 21st century ⓘ |
| originalName | Corcoran & Riggs NERFINISHED ⓘ |
| penalty | record civil fine for Bank Secrecy Act violations at the time ⓘ |
| regionServed | Washington metropolitan area ⓘ |
| regulatoryIssues |
Bank Secrecy Act violations
ⓘ
money laundering violations ⓘ |
| renamedAs |
Riggs & Co.
NERFINISHED
ⓘ
Riggs National Bank NERFINISHED ⓘ |
| servedClientele |
U.S. presidents
NERFINISHED
ⓘ
diplomats ⓘ foreign embassies ⓘ political elites ⓘ |
| services |
commercial banking
ⓘ
embassy banking ⓘ private banking ⓘ |
| successor | PNC Bank NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.