Business: Back-to-Back

At No. 140 Broadway, Manhattan, stands the home bank of Guaranty Trust Co., U. S. billion-dollar bank. At No. 31 Nassau St., Manhattan, stands the home bank of National Bank of Commerce, U. S. almost-billion-dollar bank. Should a ghost with the gift of flitting through walls flit through the rear wall of Guaranty Trust and continue flitting, it would flit through the rear wall of National Bank of Commerce. For these two great U. S. banks stand back to back. Between them they own almost the entire...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!