Word: bank
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Dates: during 1960-1969
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...self-made young millionaires on the cover this week are limned against a golden carpet of rare coins from the collection of the Chase Manhattan Bank Money Museum. Reaching back to 1795, the six featured coins had original values ranging from $10 to $50, and today are worth from $500 to $6,000. Photographs of the vintage coins by Frank Lerner and pictures of the highly valued young men by Phil Bath, Ormond Gigli, J. Alex Langley and Ben Martin were melded into the cover design by Charles P. Jackson...
...night he huddled against the shrub-grown creek bank for warmth. "But it was so cold, every night it was so cold, and the mosquitoes and bugs were terrible. Once I heard footsteps and four North Vietnamese went by. One of them looked me right in the eye and pointed his rifle at me. I raised my wounded hand and shook my head no. I don't know why, but he lowered his rifle and walked away. He was so young -just a boy, no more than...
...start packing, followed that up with a formal letter offering him a permanent seat in the Congolese Senate. "The race for the top is finished," Mobutu declared. "Our political leaders had engaged in a sterile struggle to grab power without consideration for the welfare of the citizens. Political bank ruptcy was complete. We are going to change that and try to impose everywhere the spirit of discipline...
Last week two of Spain's Big Five banks planned a merger that would help gear Spanish banking to the heavy demands ahead. It would meld Spain's biggest commercial bank, the Banco Hispano Americano (capitalization $19.6 million, reserves $47.2 million), with the Banco Central (capitalization $13.3 million, reserves $33.3 million). With these combined resources and 805 branches, the new bank would rank sixth in Europe...
With only 2,800 bank branches (one for every 11,000 inhabitants), Spain lags behind most of Western Europe. The annual income of only $490 per capita has created little need for bank accounts. As Spain prospers, however, real income is expected to increase at least 50% in the next decade. The growth prospects have already attracted several American banks into joint ventures with Spanish banks. First National City Bank and Bank of America, for example, have set up respective fifty-fifty arrangements with the Banco de Vizcaya and the Banco de Santander...