Word: bank
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Dates: during 1960-1969
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Speakers presented four different projects, including the Roxbury Unity Bank and Trust Co., the first bi-racial and black-controlled bank in New England; the Poor People's March on Washington, now planned for early May; and two programs sponsored by Business School students under the Business Assistance Project, involving fund-raising to assist black business in Roxbury and attempts to attract more businesses to Roxbury...
Swiss Pool. The three largest Swiss banks-Credit Suisse, Union Bank of Switzerland and Swiss Bank Corp.-have formed a joint gold pool to share purchases, sales and profits. In place of the London dealers' twice-daily meetings (10:30 a.m. and 3 p.m.) to fix the price of gold, the Swiss-bank traders confer about prices every few minutes throughout the day over direct phone lines. Instead of collecting a commission, the Swiss charge buyers of gold more than they pay sellers. That "spread" started out as high as $3 per oz. in the first days after...
...Japan, dependent on the U.S. to absorb 30% of its exports, last month sent eight top businessmen to Washington to plead against such backward steps. The delegation returned to Tokyo in gloom. "We are not optimistic at all," said the group's leader, Chairman Kiichiro Sato of Mitsui Bank. "Japanese business must start thinking seriously of countermeasures." As the Japanese see it, the repercussions of U.S. protectionism, both economically and politically, are unestimable...
...then, with a yen for international economics developed during two years in Africa, Stanley returned home to enter New York University's Graduate School of Business Administration. Finishing this October with a master's degree, he hopes to work in the international field for either a major bank or the Commerce Department. In four years, Stanley Rubenstein has overcome his doubts...
...Budgets are bigger than ever, now that the vast conglomerate industries have moved in and allowed the studios to enjoy gelt by association. To maintain a liaison be tween the new financiers and the new film makers, studios are turning to the new executives. Cool, crisp as a bank note, three such men, none of them yet 40, are already the masters of production at some of the nation's biggest and best-known studios...