Word: global
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...Fail” threshold that regulators use to classify any financial institution as systemically significant and hence subject to added supervision. Given these two facts, SWIFTs have not been subject to the strict capital and liquidity requirements imposed on banks in wake of the global financial crisis of 2007-2010. In the meantime, the major banks, unable to compete with the low funding costs of the SWIFTs, have stuck to more traditional lines of business, which, while steadily profitable, have shrunk considerably in recent years...
...brand-name degree is their ticket to an ever-growing global network of influence (and affluence), as the school’s alumni base includes CEOs of leading multinational corporations and financial firms as well as a former United States president...
Witzel added that South Asia’s increasing global presence has prompted the department to reevaluate its academic focus on the region...
...combat the deep-rooted bureaucratic barriers between schools, Faust has designated University-wide themes—human rights, global health, and library reform are a few examples—and established new institutes that serve as magnets, Leonard says, pulling professors together from across disciplines. These provide environments more conducive to faculty collaboration...
Earlier this month, Faust appointed Harvard School of Public Health Professor Sue J. Goldie to head the new Harvard Institute for Global Health, a University-wide institute that Faust hopes will spearhead a discipline that she has called a top priority...