James Handasyd Perkins was a chairman of Citigroup

Citigroup

Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...

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Perkins was born in Milton, Massachusetts

Milton, Massachusetts

Milton is a town in Norfolk County, Massachusetts, United States and part of the Greater Boston area. The population was 27,003 at the 2010 census. Milton is the birthplace of former U.S. President George H. W. Bush and architect Buckminster Fuller. Milton also has the highest percentage of...

. He attended the Milton Academy

Milton Academy

Milton Academy is a coeducational, independent preparatory, boarding and day school in Milton, Massachusetts consisting of a grade 9–12 Upper School and a grade K–8 Lower School. Boarding is offered starting in 9th grade...

 and graduated from Harvard University

Harvard University

Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

 in 1898. He was with the Walter Baker chocolate company in hometown until 1905. He moved to American Trust Company in Boston and then to National Commercial Bank in Albany, New York

Albany, New York

Albany is the capital city of the U.S. state of New York, the seat of Albany County, and the central city of New York's Capital District. Roughly north of New York City, Albany sits on the west bank of the Hudson River, about south of its confluence with the Mohawk River...

 where he was president in 1912 and 1914 when he moved to National City Bank as a vice president.

He served in France during World War I

World War I

World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...

. After the war he joined Montgomery & Co. In 1921 he was elected president of Farmers' Loan and Trust Company. Farmers merged with National City in 1929 and he became president of the new bank. He became chairman in 1933. In attempts to keep the bank afloat during the Great Depression

Great Depression

The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

 par value

Par value

Par value, in finance and accounting, means stated value or face value. From this comes the expressions at par , over par and under par ....

 was cut by 40 percent and $50 million in preferred stock

Preferred stock

Preferred stock, also called preferred shares, preference shares, or simply preferreds, is a special equity security that has properties of both an equity and a debt instrument and is generally considered a hybrid instrument...

 was sold to the Reconstruction Finance Corporation

Reconstruction Finance Corporation

The Reconstruction Finance Corporation was an independent agency of the United States government, established and chartered by the US Congress in 1932, Act of January 22, 1932, c. 8, 47 Stat. 5, during the administration of President Herbert Hoover. It was modeled after the War Finance Corporation...

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He died of a heart attack while still chairman shortly after having dinner with Arthur M. Anderson.