InterGalactic Banking Clan

The **InterGalactic Banking Clan**, known simply as the **Galactic Banking Clan** or the **Banking Clan** and often abbreviated as either the **IGBC** or the **GBC**, is the galaxy's most powerful and influential banking corporation and commerce guild. It started out as a union of various Muunilinsti commerce guilds and banking corporations being founded in the city of Pilaan in the year 21K.400 BTC/14K.969 CE and said city served as the headquarters of the corporate guild for the first few centuries of its' existence before moving onto the planet of Scipio in 21K.050 BTC/15K.319 CE due to a variety of reasons but most of it dealt with disagreements with the government of Muunilinst, namely the influence the Banking Clan had over politics and the economy itself. Since their relocation to Scipio, the organization has come to become the single most powerful private entity in the galaxy, not only directly controlling various planets, but also indirectly controlling hundreds of others through either campaign contributions, funding of authoritarian regimes, or bankrolling entire industries. But the most infamous of these signs of the Banking Clan's enormous influence and power in the wider galaxy is its control over nearly all galactic currencies. As all the nations of the galaxy aside from the Galactic Republic and Terran Imperium backs their currencies to the wealth the Banking Clan has in their vaults

Although Scipio would become apart of the Republic, this development did not change the influence and power the Banking Clan had in the wider galactic community. If anything, it help brought about the centralization of the organization under a singular family, specifically, the Tonith Family, who in the decades slowly took full control of the organization and became the sole owners of the organizations as a whole. While its' influence was felt in the Aristar Civil War and the Corporate Uprising decades after it, the organization managed to avoid legal repercussions for their actions during the two conflicts. However, this was just the start of centuries worth of tensions between it and the wider Republic Government, especially in regards to both its' influence over Scipioan politics and the politics of various nations across the galaxy, as well as their effect control over a significant portion of the galaxy's economy through their control of numerous nations currencies. So, in order to curb the influence and the power the Banking Clan processed, the Republic began to enact increasingly more severe regulations meant to curb the Banking Clan's power, as well as slowly dismantle its' massive monopoly over the financial industry, both of which earn the Republic the ire of the Banking Clan. Throughout the 36th century ATC/399th and 400th centuries CE, the Republic and Banking Clan would periodically engage in violent confrontations, usually in the form of the Republic intervening in the Banking Clan's notoriously aggressive debt reclaiming operations, which themselves led to even more regulations and crackdowns on the corporate entity, though it was not the only corporation targeted by these regulations, one of the many affected the most was the Trade Federation.

Due to the centuries of bad blood between the Banking Clan and the Republic, it didn't take much for Emperor Lelouch to gain their alliance in the decades leading up to the Second Galactic War. And it was this newfound partnership that lead to the Banking Clan "loaning" their ships, equipment, and their droid and ship schematics to the Imperial Navy and Guard free of charge, but with the caveat of Lelouch's promise of getting rid of the regulations that the Banking Clan believes is harming their profit margins. But instead, the company saw itself being broken apart by the Republic. It already became clear that the Banking Clan's current form may not continue in any form once the Republic took full control of their home offices on Scipio, of which became fact at the second year of the war, when the Republic proceed to break apart the Banking Clan and divided into numerous corporations and guilds and had whatever remained of the Banking Clan placed under new ownership, stripping the Tonith Family of their millennium worth of control over the entity, and in the process, broke the power and influence of the Banking Clan entirely.