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Powerful Banking Figures

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John Pierpont Morgan

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Contribution and Impact: A financier and banker who dominated corporate finance and industrial consolidation during his time. He was instrumental in the creation of U.S. Steel, AT&T, and General Electric.

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Mayer Amschel Rothschild

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Contribution and Impact: Founder of the Rothschild banking dynasty, which became renowned for its international finance operations and amassed enormous wealth.

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Mario Draghi

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Contribution and Impact: As the President of the European Central Bank, he played a key role in combating the European debt crisis with his 'whatever it takes' approach.

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Janet Yellen

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Contribution and Impact: As Chair of the Federal Reserve, she oversaw a great period of economic recovery in the US and was the first woman to hold the position.

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Thomas Sutherland

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Contribution and Impact: Played a pioneering role in the development of HSBC, one of the world's largest banking and financial services organizations.

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Amadeo Giannini

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Contribution and Impact: Founded the Bank of Italy, which later became Bank of America. He revolutionized banking by offering services to the middle class.

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Alexander Hamilton

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Contribution and Impact: As the first Secretary of the Treasury, he established the First Bank of the United States and laid the foundations for the modern American financial system.

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Paul Volcker

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Contribution and Impact: As Chairman of the Federal Reserve, he is credited with ending a period of high and rising inflation and restoring stability to the American economy in the 1980s.

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Jacob Fugger

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Contribution and Impact: A German merchant and banker who dominated European business and was one of the wealthiest men of his time.

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James Wolfensohn

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Contribution and Impact: As President of the World Bank, he reformed the institution and focused on the global fight against poverty.

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Michel Camdessus

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Contribution and Impact: Served as the Managing Director of the International Monetary Fund (IMF) where he helped manage global financial crises.

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Christine Lagarde

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Contribution and Impact: She led the International Monetary Fund during critical times and was the first woman to become finance minister of a G8 economy.

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Michael Bloomberg

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Contribution and Impact: Co-founded Bloomberg L.P., a global financial services, software, and media company that has significantly influenced financial markets.

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Andrew Mellon

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Contribution and Impact: As an American banker, he co-founded Mellon Bank and served as Secretary of the Treasury, where he implemented substantial fiscal reforms.

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Joseph Schumpeter

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Contribution and Impact: His theories on business cycles and economic development emphasized the role of innovation and entrepreneurship, which influenced economic policies and banking.

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Walter Bagehot

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Contribution and Impact: A British journalist who wrote extensively on the English Constitution and economics, providing important principles for central banking in his book 'Lombard Street'.

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Marjorie Magner

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Contribution and Impact: Recognized as one of the most powerful women in banking, she had a major influence in Citigroup’s retail banking strategy.

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Siegfried and Ludwig Bamberger

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Contribution and Impact: These brothers were instrumental in the modernization of the German banking system and the economic growth of Germany in the second half of the 19th century.

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Ben Bernanke

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Contribution and Impact: His leadership as Chairman of the Federal Reserve during the financial crisis of 2008 was pivotal in implementing unconventional monetary policies to stabilize the economy.

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Mervyn King

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Contribution and Impact: As Governor of the Bank of England, he guided the country's monetary policy through the 2008 financial crisis and developed the policy of 'forward guidance'.

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