Word: banking
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...billion Singapore has a major stake in Swiss bank...
...ensure that an agricultural doomsday never comes, Fowler and his colleagues have organized the Svalbard Global Seed Vault, an international seed bank built into a mountain on a Norwegian island in the Arctic. A Fort Knox for seeds, the vault will be a backup for the backups and will eventually be expanded to include genetic samples of every crop on the planet. The first shipments, from more than 36 African nations, arrived at the end of January, and there will be room for as many as 4.5 million samples once the facility opens Feb. 26. The specimens will be kept...
...MC?joined the picket line after he finished a stint as guest host on the Tonight Show. "This was the umbilical cord for a lot of guys, myself included," says Letterman. "Money wasn't necessarily an issue for me, because I had a couple of bucks in the bank. But for these other guys, this was it. This was sustenance...
...STAKE Now SocGen management is itself under heavy scrutiny. The bank's chief, who called Kerviel a "terrorist," offered his resignation, but the bank's board is backing...
...BOTTOM LINE The bank's biggest risk yet? Hostile takeover bids from foreign rivals. But France's Prime Minister says he will block any attempts...