Word: bankers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Sheng, who runs a luggage parts-manufacturing company in China's eastern Zhejiang province, is an unlikely looking banker. He doesn't wear three-piece suits, and his place of business rings with the shouts and banter of hundreds of workers who screw steel wheels to the bottom of satchels bound for department stores in South Korea. But Ye is a moneylender all the same. To keep his company in cash, he has taken in $10,000 in deposits from family and friends. He pays them interest, uses their money as working capital, and occasionally he extends loans to other...
...union of British Steel and Dutch firm Hoogovens. In order for steelmakers to wield sufficient clout, notes Tommy Trask, an analyst at Standard & Poor's, steel "needs to be as consolidated as the iron-ore suppliers or the end customers." Both Mittal and Wilbur Ross, the former investment banker and distressed investment specialist who helped create ISG, envisage a future where steel is dominated by as few as half a dozen multinational companies. "Because of the scale of the transaction," Ross told Time, "it will accelerate [the merger trend]. It's inevitable...
...There was no firewall,” Reeves said. He said that PetroChina’s investment banker, Goldman Sachs, filed disclosure papers with the SEC revealing that “a full 10 percent of the IPO proceeds went directly to China National Petroleum Company for use however, wherever they wanted...
...anyway. But Diller's firm owns LendingTree, which is wedging into the residential real estate market dominated by Century 21, Coldwell Banker and ERA, all Cendant brands. LendingTree is a fledgling player, generating $160 million in revenue last year compared with Cendant's $6.7 billion from real estate businesses. But that could become a battlefront down the road. Already, 70% of home buyers begin their search online. This year, for the first time, online listings will generate more home-buyer leads than classifieds...
aSmallWorld CEO Erik Wachtmeister, 49, a former investment banker whose father was Sweden's ambassador to the U.S., says his 30,000 users are moneyed celebrities, models and bankers between 25 and 35 years old, living in Europe or North America. "It's like a club," he says. "What's the point of inviting everybody? You're not going to have the same cozy feeling. Our members want it to be private...