Word: borrowing
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...business, in Germany there are hundreds of banks doing the same. A report issued last month by Merrill Lynch offers a choice for German banks: keep doing what you're doing and face low margins on your lending, or raise profitability by making it more expensive for customers to borrow money. Easier said than done. Any German bank that makes borrowing more expensive risks being undercut by a slew of competitors. Indeed, the listed banks - which have less than 20% market share in Germany - compete not only with one another but with Germany's Sparkassen and Landesbanken, regional savings...
...borrow a phrase, if you are bored of Harvard Square, you are bored, if not of life, then of the world. Haitian “vodou” music at the House of Blues. Across the other side of the Yard, Salif Keita, the Malian musical master, was playing in Sanders Theatre. And you say there’s nothing to do at Harvard now because the final clubs are closed...
Crusading for this cause, the community members poster their lawns with righteously indignant signs. One poster in particular captures Harvard’s essence as the behemoth next door: “You can’t borrow a cup of sugar from Harvard...
Fifteen Minutes: Hi, I’m making some cookies upstairs, and I was wondering if I could borrow a cup of sugar from you guys...
...Japanese loan. Trintomar agreed in principle and began talks with Citibank to finalize the terms. But then the bank changed the game. In addition to the loan they had been talking about, Citibank wanted to finance a second loan of $96.5 million. It was analogous to someone going to borrow money for a car, and as a condition of the deal, the lender insisted that he borrow more than twice what he needed--and pay fees and interest on the whole thing...