Word: centralizes
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Dates: during 1990-1999
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Italy is hardly the only place where this is happening. The consolidation wave in banking began on Jan. 15 when Spain's Banco de Santander announced an $11.3 billion merger with crosstown rival Banco Central Hispano. This was followed by the $18 billion bid by Societe Generale, one of France's largest retail banks, with Paribas, the country's leading investment bank. During a sleepy Italian weekend in March, Unicredito, based in Milan, launched a $16 billion bid to buy northern rival Banca Commerciale Italiana, perhaps Italy's most prestigious banking brand. Only a few hours later, San Paulo...
...character was a key to the success of the departing publisher, it is no less central to the choice of our new one. Ed McCarrick--his wife Pat insists on calling him Edward--is returning to TIME and a job he has aspired to from the moment he joined the company as a junior salesperson in Boston in 1973 to his most recent posting as the publisher of LIFE. And I couldn't be more enthusiastic about having Ed back...
...from Germany to China, and at present his practice employs some 500 people. His influence on the profession is enormous. His 1985 tower for the Hongkong & Shanghai Bank headquarters in Hong Kong, for instance, reversed the general dogma that a high-rise office block had to have a solid central core: it is not a "block" but a frame, a vertical web whose generous, open ground level has become a Sunday gathering spot for Hong Kong's Filipina maids. It has probably done more to change the way people think about what Foster calls "the culture of office buildings...
...Archives also stores individual pension records, she is told. Would she like to see if Seif had one? "Oh, yes," Konecny replies, her face lighting up. She fills out the appropriate forms and, after the requisite two-hour wait, enters the high-ceilinged central research room, where she is presented with a thick brown folder that had been stored with more than a million other original military pension records...
...adopted son Colman and Sophie Stones, a tabloid hack hot on Moody's trail, Trumpet is about the walls between what is known and what is secret. "Every person goes about their life with a bit of perversion that is unadmittable, secretive, loathed," Kaye writes. Marred by a central inconsistency--could Joss Moody have been both such a wonderful husband and such a terrible father?--this debut novel's music comes from the language: spare, haunting, dreamlike...