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Albert Henry Wiggin (February 21, 1868 – May 21, 1951) was an American banker. General Electric's Owen D. Young once described him as "the most colorful and attractive figure in the commercial banking world" of his time. Wiggin was the Director of privately owned Federal Reserve Bank of New York 1932–33.
Apr 2, 2021 · By the age of 23, he secured a job as an assistant for a national bank examiner, and two years later he became the assistant cashier of the Third National Bank of...
Apr 2, 2021 · Wall Street Crime And Punishment: Albert H. Wiggin, An Old-School Banker Whose Stock Prescience Got Him In Trouble. Phil Hall. Fri, Apr 2, 2021, 9:40 AM 6 min read. Does crime pay? Wall...
Albert H. Wiggin. Chase National Bank. 1911–1930. Industry: Finance. Era: 1910. When Wiggin joined Chase in 1904, it was a modest bank with assets of just $250 million. As president, however, Wiggin oversaw a huge expansion wave, including the 1917 founding of the Chase Securities subsidiary.
May 21, 2024 · Albert H. Wiggin. After the Wall Street Crash of 1929, it was revealed that Albert H. Wiggin, the respected head of Chase National Bank, had shorted more than 40,000 shares of his own company.
Apr 9, 2021 · By the age of 23, he secured a job as an assistant for a national bank examiner, and two years later he became the assistant cashier of the Third National Bank of Boston. Within the banking world, Wiggin gained a reputation for being a diligent, serious and deeply-focused worker.
Feb 9, 2021 · The Wiggin Provision of the 1933 Securities Act prevents company directors from short selling their own stocks and profiting from their company’s misfortune. Albert H. Wiggin became the face of what would become known as insider trading.
