Word: abbeys
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Dates: during 2000-2009
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...Unidanmark by Swedish-Finnish lender MeritaNordbanken, banks have preferred to merge with homegrown rivals rather than competitors abroad. Until last week, that is, when the first big European cross-border deal was finally unveiled. Banco Santander Central Hispano, Spain's largest bank, agreed to buy British mortgage lender Abbey National for approximately €13.4 billion, creating Europe's fourth-largest bank in terms of market capitalization. "This is a unique opportunity to enter a very interesting market, which will add diversification, solidity and stability to our future results," Santander chairman Emilio Botín proclaimed. So has the predicted round...
...December 2000, British rival Lloyds TSB offered €27 billion for Abbey, but the takeover was blocked by British competition authorities, who prefer to see multiple players in the €6.5 trillion U.K. banking sector. What is certain is that banks everywhere will be watching to see how Santander's Abbey acquisition, which still needs shareholder approval, pans out. No one in Europe has more experience of bank deals than Botín, 69, who built Santander into a Spanish giant by two tie-ups in his home market. Santander is also heavily invested in Latin America, where...
...make a record. (Weird hairstyles are extra.) If you've got that kind of money lying around and are hankering to lay down that song you wrote on your battered guitar at college, here's the tab at some of the world's top facilities. London: Technology at Abbey Road's studio 2 is continuously updated, but the recording area hasn't changed since the Beatles made it a rock shrine. Make your own Sgt. Pepper for about $2,580 a day. Tokyo: The ultra-stylish, Marc Newson-designed Syn Studio (pictured) has been used by Janet Jackson...
...London: Technology at Abbey Road's studio 2 is continuously updated, but the actual recording area hasn't changed since the Beatles made it a rock shrine. Make your own Sgt. Pepper for about...
Meacham's version contains no revisionism or lese majeste. On the contrary, it is written with a sort of intelligent reverence and ends by looking at the Churchill and Roosevelt memorials in Westminster Abbey in light filtered through stained-glass windows: "Light from a world Roosevelt and Churchill together delivered from evil...