In 1884–1885, the paper was the subject of a scandal when it was found to have been attempting to blackmail banks across the country with threats of disparaging their reputation the paper's publisher, L. It continued to change hands a number of times over the following twenty years, and its reputation declined. Around the same time, John Thompson sold the paper. ![]() In the mid-1860s, the traditional function of a bank note reporter became obsolete as a uniform national paper currency came to be adopted across the country for this reason, the character of Thompson's Bank Note Reporter shifted toward that of a "bank directory". During the free banking era, Thompson's Bank Reporter was the most widely read and trusted of the several dozen bank note reporters in print-a genre of periodical which published information about the market value of the notes printed by each of the hundreds of banks spread across North America, as well as up to date descriptions of counterfeit bills in circulation. For this reason, American Banker 's masthead gives a founding date of 1836, though the best available evidence suggests that Johnson's paper began publication in 1842. History Īmerican Banker claims descent from Thompson's Bank Note Reporter, a periodical published by John Thompson. The first issue of American Banker was published in 1885, though it has been considered a continuation of the earlier Thompson's Bank Note Reporter, a bank note reporter which began publication in 1842.Īlthough often confused with the American Bankers Association or other industry trade groups, American Banker is unaffiliated with any portion of the banking industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. ( August 2022) ( Learn how and when to remove this template message)Īmerican Banker is a Manhattan-based trade publication covering the financial services industry. ![]() Several templates and tools are available to assist in formatting, such as Reflinks ( documentation), reFill ( documentation) and Citation bot ( documentation). ![]() Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. This article uses bare URLs, which are uninformative and vulnerable to link rot.
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