The Frank Jay Raven Story
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The story behind the man Time Magazine credited as levying “the most severe blow to American business prestige in China since the founding of the [Shanghai] International Settlement in 1843” – Frank Raven. More
This is the true story of the American taipan atop colonial Shanghai’s real estate, financial and insurance sectors pre World War II. The man behind:
The Raven Trust Company, Federal Inc., U.S.A. (普益银公司 / 普益銀公司)
American-Oriental Banking Corporation (美丰银行 / 美豐銀行)
American-Oriental Finance Corporation, Federal Inc., U.S.A.
Asia Realty Company, Federal Inc., U.S.A. (普益地产公司 / 普益地產公司)
American Asiatic Underwriters, Federal Inc., U.S.A. ("A.A.U", 美亚保险总公司 / 美亞保險總公司)
Through A.A.U., run by Cornelius Vander Starr (C.V. Starr), C.V. Starr and Raven opened The Asia Life Insurance Company (友邦人寿保险公司 / 友邦人壽保險公司) and the Underwriters Savings Bank for the Far East. Eventually C.V. Starr opened American International Underwriters Inc. in New York City and American International Assurance Company Ltd. in Hong Kong. The New York City company ultimately became American Insurance Group (A.I.G.) and the company in Hong Kong became, the now Bermuda-based but Asia-focused, AIA Group.
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