Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Ameral said the Corporation presently holds certificates of deposit (short term bonds) in five national banks: $17 million worth in Chemical Bank of N.Y.; $13.5 million in Citibank of N.Y.; $2 million in Continental Illinois; $11 million in Manufacturers Hannover; and $5 million in Wells Fargo Bank of San Francisco...
Wells Fargo currently loans one-fourth of one per cent of its portfolio to "entities" in South Africa the bank states are "essentially...trade related and finance the nation's international trade and the purchase of equipment from American suppliers...
George F. Caulfeld, vice president for public relations at Wells Fargo, yesterday refused to elaborate on whether one of the "entities" the bank loans go to is the South African government...
Caulfeld also said the bank has not stated that it will refrain from making, extending or renewing loans to those "entities...
John N. Bruce, vice president in corporate communications at Continental Illinois, said yesterday his bank has not negotiated a loan to the South African government or state-owned corporations in several years...