An Entity of Type: bank, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

The Bank of New England Corporation was a regional banking institution based in Boston, Massachusetts, which was seized by the Federal Deposit Insurance Corporation (FDIC) in 1991 as a result of heavy losses in its loan portfolio and was placed into Chapter 7 liquidation. At the time, it was the 33rd largest bank in the United States, and its federal seizure bailout was the second largest on record. At its peak, it had been the 18th largest bank and had over 470 branch offices. The liquidation company was named Recoll Management Corporation and its bankruptcy estate has continued to exist to pay out claims against the company. As of 2016, most of what was once Bank of New England is now part of Bank of America.

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dbo:abstract
  • The Bank of New England Corporation was a regional banking institution based in Boston, Massachusetts, which was seized by the Federal Deposit Insurance Corporation (FDIC) in 1991 as a result of heavy losses in its loan portfolio and was placed into Chapter 7 liquidation. At the time, it was the 33rd largest bank in the United States, and its federal seizure bailout was the second largest on record. At its peak, it had been the 18th largest bank and had over 470 branch offices. The liquidation company was named Recoll Management Corporation and its bankruptcy estate has continued to exist to pay out claims against the company. As of 2016, most of what was once Bank of New England is now part of Bank of America. (en)
  • 新英格蘭銀行(英語:Bank of New England Corporation),总部设在马萨诸塞州的波士顿。在其顶峰时期,它曾是美國第18大的银行,并拥有超过470家分公司。在1991年已經被美國聯邦存款保險公司敕令破產清算。 (zh)
dbo:assets
  • 2.19E10
dbo:fate
  • Bankruptcy liquidation (en)
dbo:foundingYear
  • 1985-01-01 (xsd:gYear)
dbo:industry
dbo:location
dbo:netIncome
  • 4.5E8
dbo:numberOfLocations
  • 470 (xsd:nonNegativeInteger)
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  • 20685013 (xsd:integer)
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  • 17884 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1017662764 (xsd:integer)
dbo:wikiPageWikiLink
dbp:areaServed
  • Northeastern United States (en)
dbp:assets
  • 2.19E10
dbp:defunct
  • 1991 (xsd:integer)
dbp:fate
  • Bankruptcy liquidation (en)
dbp:foundation
  • 1985 (xsd:integer)
dbp:industry
dbp:keyPeople
  • Lawrence Fish, Walter Connolly (en)
dbp:location
  • Boston, Massachusetts, United States (en)
dbp:locations
  • 470 (xsd:integer)
dbp:name
  • Bank of New England Corporation (en)
dbp:netIncome
  • -$450,000,000 (en)
dbp:parent
  • Bank of New England Corporation (en)
dbp:predecessor
  • Bank of New England Corporation and CBT Corporation (en)
dbp:subsid
  • Connecticut Bank & Trust Company; Maine National Bank; Bank of New England Trust Company (en)
dbp:successor
  • Recoll Management Corporation (en)
dbp:type
  • Corporation (en)
dbp:wikiPageUsesTemplate
dct:subject
gold:hypernym
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rdf:type
rdfs:comment
  • The Bank of New England Corporation was a regional banking institution based in Boston, Massachusetts, which was seized by the Federal Deposit Insurance Corporation (FDIC) in 1991 as a result of heavy losses in its loan portfolio and was placed into Chapter 7 liquidation. At the time, it was the 33rd largest bank in the United States, and its federal seizure bailout was the second largest on record. At its peak, it had been the 18th largest bank and had over 470 branch offices. The liquidation company was named Recoll Management Corporation and its bankruptcy estate has continued to exist to pay out claims against the company. As of 2016, most of what was once Bank of New England is now part of Bank of America. (en)
  • 新英格蘭銀行(英語:Bank of New England Corporation),总部设在马萨诸塞州的波士顿。在其顶峰时期,它曾是美國第18大的银行,并拥有超过470家分公司。在1991年已經被美國聯邦存款保險公司敕令破產清算。 (zh)
rdfs:label
  • Bank of New England (en)
  • 新英格兰银行 (zh)
owl:sameAs
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foaf:isPrimaryTopicOf
foaf:name
  • Bank of New England Corporation (en)
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