Word: citicorp
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Dates: during 1990-1999
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While joint concentrations arefulfilling for many students, there is debate asto whether such courses of study significantlyincrease one's career opportunities. VineerBhansali, a Ph.D from Harvard and now a vicepresident at Citicorp in New York says, "Itdoesn't matter if you have two or three majorsbecause when you get into Wall Street you have tore-learn everything anyway...
Bhansali, who also recruits for Citicorp, saysin reference to the banking industry, "It's a verypersonality-oriented field. You have to be verydynamic." In fact, Bhansali says applicants'undergraduate concentrations figure little in thehiring process, as long as candidates showcompetence and a keen interest in the what they'redoing...
...stocks and bonds down here in the underlying protect himself or herself if more of these shenanigans lead to a general calamity? One way is to avoid owning shares in companies that are the biggest players in derivatives. This would include several large banks, such as Chemical, Bankers Trust, Citicorp, J.P. Morgan and Chase Manhattan. Lately the banks have reported excellent earnings, helped along by a recent winning streak. But what happens if the banks get on a losing streak...
DIVORCED. EVELYN DAVIS, 64, shareholder-gadfly; from economist Walter Froh Jr.; in Washington. "No more marriages for me," vowed Evelyn, whose craftily blunt criticisms of corporate boards during annual meetings inspired Citicorp to limit shareholders' questions to three minutes...
Prominent former custodians of public trust can also help defuse image problems that threaten to snarl deals. For example, Carlyle became the adviser to Saudi Prince al-Waleed bin Talal in his $590 million investment in Citicorp in 1991. The firm subsequently teamed with France's state-owned Thomson-CSF to outbid U.S. defense giants for the missile and aircraft divisions of LTV last year. Such global connections can be controversial. "The one significant problem for Carlyle is that they've been on the foreign side of controversial transactions," says a Washington lobbyist and rival dealmaker. But Carlyle...