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Ives became a prominent New York financier by 1868 and served two terms as president of the  New York  Stock Exchange ; he was president of the Western National  Bank of New York  for many years and was chosen president of Northern Pacific Railway on 20 October 1893 .
 state or province of headquarters: New York, Bank of New York
Given a phrase that describes the relationship between two words, extract the words and the lexical relationship between them. The output format should be "relation1: word1, word2; relation2: word3, word4". 
Option: cities of residence, top members employees, members, alternate names, origin, state or provinces of residence, title of person, spouse, city of headquarters, NA, founded by, state or province of headquarters, employee of, countries of residence, country of birth, founded, subsidiaries, country of headquarters 
Text: {0} 
Answer:
 state or province of headquarters: New York, Bank of New York