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 2

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf bank
acquiredBy PNC Financial Services
acquisitionDate 2005
architecturalStyleOfMainBuilding Beaux-Arts
country United States
dissolved 2005
foundedBy George Washington Riggs
headquartersLocation Washington, D.C.
inception 1840
industry banking
financial services
investigatedBy Office of the Comptroller of the Currency
U.S. Senate Permanent Subcommittee on Investigations
involvedIn Equatorial Guinea corruption scandal
Saudi embassy accounts controversy
knownFor handling accounts of foreign governments
serving prominent political and diplomatic clients
locatedIn Washington, D.C.
mainBuilding Riggs National Bank building
mainBuildingLocation Pennsylvania Avenue NW, Washington, D.C.
mainBuildingStatus listed on the National Register of Historic Places
nickname bank of presidents
notableClient Abraham Lincoln
Dwight D. Eisenhower
Harry S. Truman
James A. Garfield
Ulysses S. Grant
Woodrow Wilson
foreign embassies in Washington, D.C.
operatedIn 19th century
20th century
21st century
originalName Corcoran & Riggs
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.
linked to: Corcoran & Riggs

Riggs National Bank
servedClientele U.S. presidents
diplomats
foreign embassies
political elites
services commercial banking
embassy banking
private banking
successor PNC Bank

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Jonathan Bush employer Riggs Bank