List of oldest banks in continuous operation
Depending on the definition, the world's oldest bank is either Banca Monte dei Paschi di Siena or Berenberg Bank. Banca Monte dei Paschi di Siena was founded in its present form in 1624, but traces its history to a mount of piety founded in 1472. The Berenberg company was founded in 1590 and has operated continuously ever since with the same family as owners or major co-owners. Banca Monte dei Paschi di Siena is today a large Italian retail bank, while Berenberg Bank is primarily involved in investment banking and private banking for wealthy customers; in any event Berenberg Bank is the world's oldest merchant bank or investment bank. The world's oldest central bank is the Sveriges Riksbank, which was founded in 1668.
Peter Augustus Jay (lawyer)
In 1814, Jay and his father were both elected members of the American Antiquarian Society.
Together with financier Thomas Eddy, Peter Augustus Jay also helped organize and found New York's earliest savings bank, the now defunct New York Bank for Savings in 1816 (thereby contributing to the establishment of the New York State savings bank system). In 1828, he helped found the New York Law Institute, which today is the oldest law library in New York City. Jay was President of New York Hospital (1827–1833), Chairman of the Board of Trustees, King's College and President of the New York Historical Society (1840–1842).