Word: germane
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...combination of Germany's second- and third-largest banks creates the country's No. 2 bank with $1.46 trillion in assets, half the size of the nation's market leader, Deutsche Bank. In terms of retail customers in Germany, the newly enlarged Commerzbank is now the leader in German retail customers, with 11 million compared to Deutsche's 9.7 million...
...financing of the deal is complicated and takes place in two steps. First, Commerzbank will pay Allianz $2.33 billion in cash, $4.94 billion in stock, and give the German insurer its asset management business Cominvest, which has a value of roughly $1 billion. Then, in a second step to take place by the middle of next year, Commerzbank will give Allianz another $4.58 billion in stock. In the end, Allianz will hold a 30% stake in Commerzbank, giving the insurance giant the opportunity to sell its insurance products over Commerzbank bank counters. And with Allianz as a major shareholder, Commerzbank...
...Commerzbank and Allianz appeared to be moving closer to a deal, another obstacle emerged. The state-owned Chinese Development Bank signaled its interest buying Dresdner at a premium. Some Allianz shareholders, and Dresdner's insurgent executives, appear to have been pushing for a deal with CDB. But, according to German press reports, Allianz CEO Michael Dieckmann put out feelers in the German chancellery and found little sympathy for a deal with the Chinese...
...Concerned that cash-rich sovereign wealth funds from Asia or the Middle East could buy their way into the German financial industry, the German government has long wanted to see a second national champion created that together with the Deutsche Bank would dominate the German market...
...gift on his last visit to the Vatican, just months before announcing that he - like the English prelate - had converted from Anglicanism to Catholicism. In a 1990 address marking a century since Newman's death, Ratzinger spoke about the profound impact Newman's views had on young German seminarians in the wake of the Nazi regime. "For us at that time, Newman's teaching on conscience became an important foundation for theological personalism, which was drawing us all in its sway," Ratzinger said. "We had experienced the claim of a totalitarian party, which understood itself as the fulfillment of history...