Word: banking
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...help us do business with certain retailers in the world which we haven't been able to before--like Wal-Mart," says Bruce Rockowitz, president of Li & Fung's trading division. The Fungs "tend to be visionary," says Paul McKenzie, head of consumer research in Hong Kong for investment bank CLSA, "and get positioned early for change...
...several fronts. Last month, the U.S. unveiled new financial sanctions against Iran that take a page from the playbook Washington used - successfully, in its view - to force North Korea to shut down its nuclear-weapons program. Specifically, the Treasury Department barred U.S. companies from dealings with three Iranian banks, as well as several companies the U.S. claims are in the WMD-proliferation business. According to intelligence reports, these companies are controlled by, or linked to, high-ranking officials in Tehran, including members of the Iran Revolutionary Guard's business arm, which has commercial interests ranging from...
...Harald, a Merita executive vice president, estimates that an Internet transaction costs the bank only 11[cents], a tenth the cost of a local branch transaction. And every month customers make 4.1 million bill payments over the Internet. The migration to the Net also allowed Merita to close two-thirds of its 800 branches, resulting in huge savings...
Merita's bid to become Northern Europe's phone-in bank of the future depends a lot on the latest technology. Customers can use cutting-edge wireless application protocol (WAP) browsers, built into the latest generation of European phones, which allow customers to enjoy full Internet access to their accounts. WAP phone owners can check account balances, pay bills, transfer money and even buy shares on the Finnish stock market...
...live in an entirely different area. This infuriates some Australian graziers, especially those whose stations (ranches) are on land they do not own outright but hold in lease from the Crown. A native title claim on their land, even a weak one, can freeze their assets and put bank loans out of reach. Moreover, it is facile to fall in with the favorite assumption of white urban Australian liberals: that only Aborigines have an authentic spiritual connection to the land. Why cannot whites have...