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'Republic New York Corporation' was the holding company for the Republic National Bank of New York and the Safra Republic Bank. The company was controlled by billionaire Edmond Safra, who was killed in a fire in his Monte Carlo penthouse apartment in 1999. The circumstances surrounding his death have been surrounded with much speculation as to foul play. Republic New York Corporation was sold shortly after its chairman's death to HSBC of London.
Joseph Safra controls and owns independently the Safra Group of banks and financial institutions.