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in 1913, and the following year it inaugurated the first overseas branch of a U.S. bank in Buenos Aires, although the bank had been active in plantation economies, such as the Cuban sugar industry, since the mid-19th century. The purchase of U.S. overseas bank International Banking Corporation in 1918 helped it become the first American bank to surpass $1 billion in assets. During the United States occupation of Haiti and the bank's income from

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