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...foreign ownership of local banks to 30%.) Such local matches are a typical developing-market entry strategy for multinational institutions, which are keen to share their superior technology and know-how in evaluating lending risks in exchange for local knowledge and existing national networks. ANZ is working on a joint venture with Sacombank to offer credit cards, according to Dam, ANZ's Vietnam general manager. "To access that big market, I think it's wiser to work with a local partner," she says. "Why try to do it yourself...

Author: /time Magazine | Title: Open Season | 4/19/2007 | See Source »

...importance of a veteran presence on its graduate campuses and seeks to capitalize on the knowledge they bring. In February, the Kennedy School brought together a panel of Iraq and Afghanistan veterans and featured a keynote address from Lieutenant General Douglas E. Lute, Director of Operations for the Joint Chiefs of Staff.The event brought together a panel of Iraq and Afghanistan veterans and featured a keynote address from Lieutenant General Douglas E. Lute, Director of Operations for the Joint Chiefs of Staff...

Author: By Charles R. Melvoin, CONTRIBUTING WRITER | Title: Here from Over There | 4/18/2007 | See Source »

Roger D. Huffstetler Jr. came to Harvard for a PhD in chemistry a few years ago, but left soon after to join the Marines. He was deployed both to Afghanistan and Iraq, and is now ready to come back here, this time for a joint degree from HBS and KSG. “Harvard undergraduates are unique individuals and have a lot to add to society, but they also have a lot to add to the armed forces...I don’t want them to discount that as an option,” said Huffstetler...

Author: By Charles R. Melvoin, CONTRIBUTING WRITER | Title: Here from Over There | 4/18/2007 | See Source »

...having their cultural patrimony carted off to Arkansas, the good people of Philadelphia reared up like Italians hearing that plundered Roman marbles were being earmarked for Malibu. By the end of January they had cobbled together enough real or potential financing to keep the Eakins at home in a joint purchase by the Philadelphia Museum of Art and the much smaller Pennsylvania Academy of Fine Arts (PAFA), with the same kind of back-and-forth lending between the two institutions. Then came the next shock. To defray its part of the purchase, PAFA announced it was selling a lesser...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

...Harvard–or more specifically, President-elect Faust—should encourage broader coordination between its various schools. Harvard is already doing this to some extent. Just last week, the Kennedy School of Government (KSG) and Harvard Business School (HBS) announced that they would be offering a new joint degree. Further, HBS has been paying increasing attention to the business aspects of science, which could lead to collaboration between HBS and HMS or FAS. The development of the new Allston campus provides almost unprecedented opportunity to facilitate such inter-faculty cooperation by bringing many erstwhile isolated schools into close...

Author: By The Crimson Staff | Title: Stem Cells for Collaboration | 4/12/2007 | See Source »

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