Word: bankes
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Dates: during 1970-1979
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MacKay Shields Financial Corporation notified the University Thursday of its intention to sell $1.6 million worth of stocks, including the bank stock and some shares in General Motors, and to purchase stocks in smaller but faster-growing companies...
Amid the mounting clamor of student groups calling for Harvard's divestiture of its holdings in the banks--Citibank and Manufacturers Hanover Trust--the investment firm that controls part of Harvard's investment portfolio suddenly announced it was selling the bank stocks "for investment reasons...
...Wednesday, Citibank's executive vice president for international affairs defended that bank's South African operation before the ACSR. But the stocks still went up for sale...
Mackay Shields originally purchased the bank stock in 1976, and its market value last June stood...
Sigular said the bank stock transaction is largely unimportant, representing a total sale of two-tenths of 1 per cent of the portfolio...