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...Credit Lyonnais of France, Midland of Britain and Union Bank of Switzerland. A glance at a list of the world's largest banks gives a clear view of the winners and losers in the bruising battle. Of the world's 20 top banks, 14 are Japanese, led by giant Dai-Ichi Kangyo (assets: $413 billion). Five are European, topped by France's Credit Agricole (assets: $243 billion). Only one, Citicorp ($231 billion), is American. In fact, of the 50 largest banks in the world, only three are American: Citicorp, Chase Manhattan and BankAmerica. "U.S. banks are pygmies in a world...

Author: /time Magazine | Title: Bareknuckle Banking | 7/30/1990 | See Source »

...passion in the Vietnamese exile community is a puzzle to many Americans. That is no surprise to Phuong Dai Nguyen, a sophomore at the University of California, Berkeley, whose family fled Saigon in 1975: "The Americans don't know much about the Vietnamese." Yet the same has been true of the Vietnamese government's inability to fathom the importance to the U.S. of the POW/MIA issue. Fully 62% of those polled by TIME/CNN -- and 84% of Vietnam veterans -- believe there are still MIAs alive in Vietnam...

Author: /time Magazine | Title: Vietnam 15 Years Later | 4/30/1990 | See Source »

...stiff deficits now but help insulate them from defaults in the future. Manufacturers Hanover added $950 million to its reserves, Chase Manhattan $1.15 billion, and J.P. Morgan $2 billion. To shore up its finances, Manny Hanny also agreed to sell CIT Group, its corporate- finance subsidiary, to Japan's Dai-Ichi Kangyo Bank for $1.3 billion...

Author: /time Magazine | Title: BANKING: Kissing Those Loans Goodbye | 10/2/1989 | See Source »

Cage says that in New York he met Dai Setz Suzuki, a teacher of Zen Buddhism and Oriental philosophy, who instructed him in the art of randomness...

Author: By Katherine E. Bliss, | Title: Stop Making Sense | 11/4/1988 | See Source »

...province, and mimosa vines with delicate, mauve flowers climb innumerable trellises. At the 52-room Dalat Palace Hotel, completed in 1923, Headwaiter Hoang Van Tu serves meals, as he has since 1942 to the likes of Charles de Gaulle, Madame Ngo Dinh Nhu and even the Emperor, Bao Dai himself. There is nothing imperial about the hostelry today, but the mosquito netting hanging from the massive teak bed is skillfully patched and blessedly intact. A mile away horses graze near a sand trap on the golf course Americans designed and built for R. and R. sojourns...

Author: /time Magazine | Title: Living: Welcome Back to Viet Nam | 1/18/1988 | See Source »

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