Word: bankes
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Dates: during 1970-1979
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...Long a Transition for the West Bank and Gaza Strip
Role of the West Bank and Gaza Palestinians During the Transition
Though small by major investment-bank standards, Lazard has prospered, mostly by being aggressively traditional. Following a Wall Street fashion, Lehman and other firms have been busy turning themselves into financial "supermarkets" that do everything from securities trading and corporate advice to merger brokering. Yet Lazard has remained a loosely structured group of partners; it aims to avoid large-volume low-profit activities like brokerage and remain a "deal" firm specializing in big corporate sales and mergers. A recent Lazard achievement: it put together Chrysler's sale of its European operations to Peugeot. While, at larger firms, the earnings...
...second tallest building in the world, behind only Chicago's Sears Tower (1,454 ft.). To Germans, the 110-story double monolith looming over Lower Manhattan is a tongue twister: Das Welthandelzen-trum. The translation is of more than casual interest to the Deutsche Bank of Frankfurt, which in terms of assets (about $50 billion) ranks fourth in the world, after San Francisco's Bank of America, New York's Citibank and France's Caisse Nationale de Crēdit Agricole. The bank has approached the W.T.C.'s owner...
Whatever happens to it, the Germans' approach is another evidence of the craving of foreign capital for a haven in the safe, solid U.S. Deutsche Bank viewed the W.T.C. as a sound investment in prime U.S. urban real estate, a market in which it already has some experience. During the past two years, with other German banks, Deutsche Bank has bought Pennzoil Place and Shell Oil Tower in Houston...