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... pact of the external environment, which nearly led to Citibank’s collapse!
It was at this time that the Astor Family stepped in, appointing Moses Taylor, a representative of the Astor Family, as a director of Citibank!
After taking over Citibank, Moses Taylor initiated sweeping reforms, introducing more professional directors and elevating Citibank to new heights.
Of course, in this process, Moses Taylor also continually accumulated his own wealth.
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