Word: frankfurt
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Paris in 1970 with more than $700 million in assets. UBAF is 40% owned by Crédit Lyonnais but controlled by 23 Arab banks. The president is U.S.-educated Mohamed Mahmoud Abu Shadi, former chairman of the National Bank of Egypt. UBAF has subsidiaries in London, Rome, Frankfurt, Luxembourg and Tokyo. Partners of these subsidiaries include several big European banks and The Bank of Tokyo...
...European-Arab Bank, headquartered in Luxembourg and made up of 16 Arab institutions (including FRAB) and seven European banks. Less than a year old, this group has opened subsidiaries in Brussels and Frankfurt and plans branches in Paris and Milan...
...amounts to a feeling that the scandal shows that the U.S. Government is in trouble, and that its currency is not to be respected. "As Watergate drags on and more revelations threaten the President's integrity, the more the dollar is likely to come under pressure," warns a Frankfurt money dealer. "That in turn will cause a mad scramble to unload vast amounts of dollars." Foreign sensitivity has reached such a pitch that the dollar recently sold off on reports of the death of Wilbur Mills, the Arkansas Democrat who heads the House Ways and Means Committee...
...Paris and Peoria, in Frankfurt and Fresno, the question hovers: has the unfolding Watergate scandal so monopolized the attention of the Nixon Administration that it has ceased to function effectively? The doubts have been most urgent in the field of economics, and there the answer is at least faintly reassuring. The Administration does seem to have pulled itself together sufficiently to shape a new anti-inflation policy. In other areas, the answer is less heartening...
...humiliation was considerably soothed by his ascendancy to the directorship of England's Royal Opera at Covent Garden in 1961. Still something of a diamond in the rough, the Generalmusikdirektor of the Munich and Frankfurt operas had trouble adjusting to the British predilection for requesting rather than demanding. Recalls John Culshaw, producer of the Solti Ring cycle: "With such a bundle of energy who drives himself so hard, you either give him total loyalty or you can't stand him." Among those who could not stand him at first were the members of the chorus, outraged that...