The Knickerbocker Trust Company was a financial institution based in New York City, established in 1884. It was one of the first trust companies in the United States, providing services such as investment management and estate planning. The company grew rapidly and became a significant player in the banking sector during the early 20th century. However, the Knickerbocker Trust Company faced severe financial difficulties during the Panic of 1907. A loss of confidence led to a bank run, and the company was unable to meet withdrawal demands. Ultimately, it failed in October 1907, contributing to a broader financial crisis that prompted reforms in the banking industry.