Word: citicorp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Analysts believe that U.S. banks have made about $1.8 billion worth of loans to Poland. Bank of America is" the biggest U.S. lender, with $175 million of debt outstanding. Other major creditors include five New York City banks: Citicorp, Chase Manhattan, Manufacturers Hanover, Morgan Guaranty and Chemical. Each has loans of more than $75 million with Poland...
Regan, something of a slow starter, was overshadowed at first by Budget Director David Stockman. That prompted Citicorp Chairman Walter Wriston, a longtime friend, to observe: "One day Don Regan is going to wake up and eat David Stockman for breakfast." Regan has not done that, but he has become increasingly dominant. When Stockman began urging new taxes for 1982 to reduce the deficit, Regan dissuaded the President. He has managed to keep a diverse group of monetarists, pragmatists and supply-siders in harness at Treasury...
...contrast, declines in actual earnings were reported by the nation's two largest banks, New York-based Citicorp (off 11.6%) and California's BankAmerica, which suffered a 33.3% drop in profits during the period. Fifth-ranked J.P. Morgan & Co. also slipped, with a decline of 26.7% from the year-earlier period...
Throughout the 1960s, however, money from large banks and corporations joined the old family funds. Citicorp...
Disturbed by the negative reaction of the business community to the University's sale of $50 million in Citicorp notes after the bank open a line of credit to South Africa. Putnam abandoned his customary behind-the-scenes posture to take a leading role in advocating that the Corporation lift its blanket prohibition against investments in banks that loan money to South Africa...