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Quickly after his success in Geneva, Safra came back to the Americas to try his luck once again. In 1966 he founded what was to be his most successful American operation, the Republic...
Oct 8, 2023 · Joseph Safra, the Lebanese-Brazilian heir to a venerable line of financiers, was losing his grip on a $25bn global empire of banks, property and agribusiness interests he had steadily built up...
Sep 1, 2022 · If people know anything of the low-profile, somewhat mysterious Safra, it’s that he was smeared by American Express after a merger between it and Republic failed, and that he died in 1999 when a...
Strengthening the Safra’s Presence in the United States. In 1987, the J. Safra Group decided to establish a full US-regulated bank in the heart of New York City. Safra National Bank was established, initially with one single branch, on 42nd Street.
Dec 8, 2022 · The type of banking activities Edmond Safra engaged in can be traced back to the Jewish quarters of Beirut and Aleppo. He saw his first role as protecting the depositors who had entrusted their...
Sep 3, 2022 · Gross discovered that the Safra family had been among the biggest supporters of Porat Yosef, the yeshiva in Jerusalem’s Old City created by Aleppo Jews, dating back to the 1940s and ’50s.
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The financier came out on top, winning a public apology from American Express for starting a smear campaign against him and US$8 million in damages, all of which he donated to charities. In 1988, he also founded Safra Republic Holdings S.A., a Luxembourg bank holding company.
