Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: MCorp Bank | Statement: [Momentum Place, formerPrimaryTenant, MCorp Bank]

Target entity: MCorp Bank
Context triple: [Momentum Place, formerPrimaryTenant, MCorp Bank]

• A. C-Bank
  C-Bank is an American freestyle and dance music artist best known for the 1983 club hit "One More Shot."
• B. United Commercial Bank
  United Commercial Bank, now known as UCO Bank, is a major Indian public sector bank headquartered in Kolkata that offers a wide range of banking and financial services.
• C. Tangerine Bank
  Tangerine Bank is a Canadian direct bank known for its no-fee online banking services and savings products.
• D. Orange Bank
  Orange Bank is a French mobile-first digital bank offering online banking and financial services under the Orange telecommunications brand.
• E. SimCorp
  SimCorp is a global provider of investment management software and services used by asset managers, pension funds, and other financial institutions to manage complex portfolios and operations.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: MCorp Bank
Triple: [Momentum Place, formerPrimaryTenant, MCorp Bank]

MCorp Bank was a major Texas-based banking institution that grew rapidly in the 1980s before collapsing during the savings and loan crisis and being largely acquired by Bank One.

Target entity: MCorp Bank
Target entity description: MCorp Bank was a major Texas-based banking institution that grew rapidly in the 1980s before collapsing during the savings and loan crisis and being largely acquired by Bank One.

• A. C-Bank
  C-Bank is an American freestyle and dance music artist best known for the 1983 club hit "One More Shot."
• B. United Commercial Bank
  United Commercial Bank, now known as UCO Bank, is a major Indian public sector bank headquartered in Kolkata that offers a wide range of banking and financial services.
• C. Tangerine Bank
  Tangerine Bank is a Canadian direct bank known for its no-fee online banking services and savings products.
• D. Orange Bank
  Orange Bank is a French mobile-first digital bank offering online banking and financial services under the Orange telecommunications brand.
• E. SimCorp
  SimCorp is a global provider of investment management software and services used by asset managers, pension funds, and other financial institutions to manage complex portfolios and operations.
• F. None of above. chosen

Target predicate: formerPrimaryTenant
Context triple: [Momentum Place, formerPrimaryTenant, MCorp Bank]

• A. primaryTenantTo
  Indicates that one entity serves as the main or principal tenant in relation to another entity, such as a property or lease.
• B. primaryTenantFrom
  Indicates that one entity serves as the main or principal tenant associated with another entity (such as a property or lease).
• C. hasFormerPrimaryTenant chosen
  Indicates that an entity previously served as the main or principal tenant of another entity, but no longer holds that status.
• D. divisionOfPrimaryTenant
  Indicates that one entity is a division or sub-unit that belongs to or operates under the primary tenant entity.
• E. formerSiteOwner
  Indicates that one entity previously owned or controlled a particular site but no longer does so.
• F. None of above.