Word: second-largest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...greater consequences - than the banks. Last week Deutsche Bank, Germany's largest and considered its strongest, posted a surprise third-quarter, pre-tax loss of [EURO] 181 million, down from a [EURO]363 million profit for the same period in 2001. Deutsche's Munich-based counterpart HVB, Germany's second-largest bank and Europe's largest lender, also posted a third-quarter loss - of j447 million, compared to a j94 million profit for the same period last year. Commerzbank and Dresdner Bank, a unit of insurance giant Allianz since 2001, look set to follow suit when they publish third-quarter...
...avoid the massive job cuts plaguing Boeing while providing its first access to Europe's coveted discount-airline market. Meeting Of The Minds Imperial College London must have expected big things when they made Richard Sykes a rector. As CEO of Glaxo Wellcome, he helped create the world's second-largest drug company by merging with SmithKline Beecham. His follow-up? Last week he announced plans to merge Imperial College with University College London, creating a huge new institution that would dwarf Britain's other leading universities. Feta Accompli? In the latest decision to give geographic protection to food...
...Junichiro Koizuimi fired Financial Services Agency chief Hakuo Yanagisawa, who opposed injecting capital into Japan's debt-laden banks, and named the reform-minded Takanaka to take the country's top economic post. Takanaka said he wants "to open the lid and see what's inside" the world's second-largest economy, which continues to act as a drag on the European and global recovery. By the FSA's conservative estimate, Japanese banks hold $420 billion in bad loans. That's over 8% of GDP - four times the scale of the 1980s U.S. savings and loan crisis. Takanaka can bail...
Success in populist politics depends on the party leader's jugular instinct for voter discontent. But can a populist party succeed without its leader? That's the dilemma facing List Pim Fortuyn (LPF), the second-largest party in the Dutch government, which formally presented its legislative program last week. Pim Fortuyn, the party's charismatic founder, shattered the comfortable consensus of Dutch politics with his critique of the mainstream parties and his tough talk on immigration. Since he was slain just days before last May's election, the LPF has been trying to plumb a line through rough leadership battles...
...country's second-largest bank, Credit Suisse, got the biggest public slap. Together with two subsidiaries, Bank Hofmann and Bank Leu, Credit Suisse accepted funds totaling $214 million from two of Abacha's sons and failed to check if its customers were prominent political figures, the banking commission said. The other three major offenders were UBP Union Bancaire Privée and the Swiss subsidiaries of France's Crédit Agricole Indosuez and Germany?s M.M. Warburg...