Word: bankses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
One glance at the travel itinerary of Natarajan Chandrasekaran will tell you just how dramatically the postrecession economy is changing. Since October, when he became CEO of Indian IT firm Tata Consultancy Services (TCS), Chandrasekaran has retraced the business trips his predecessors have been making for years to New York...
Yet these hurdles are steadily being overcome. Since opening its first emerging-markets operations centers in China and Uruguay in 2002, TCS's annual revenues from Latin America, the Middle East and the Asia-Pacific region have surged from $160 million to $1.2 billion, or about 20% of total sales...
Dubai in Peril The crisis in Dubai is the crisis of unsustainable folly [Dec. 14]. It's amazing how eager our banks have been to pour money into a city-state sucking in vast amounts of energy and water to build and maintain a monstrous playground for the very rich...
Bank analyst John McDonald of Wall Street firm Bernstein Research says most people are focused on how the lack of loans will hurt bank earnings. Lending is, after all, how banks make money. But in the past year or so, banks have had to sock away more and more cash...
Finally, unlike the stock market or consumer confidence, bank lending is a lagging indicator. Businesses look for loans to expand once the economy is growing and orders are coming in again. And banks, since they get hurt so badly in recessions (particularly this one), become very risk-averse at the...