Word: milan
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Dates: during 1990-1999
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...even I.Q. It doesn't so much as mention math in the course of two hours. In fact, it often feels more like a treatise on philosophy than mathematics, an exploration of the role that fate and free will play in our lives a sort of Milan Kundera novel put on film...
...flew to Milan, met with his team of sleuths and mapped out a bold maneuver. And then on Saturday, April 10, in a wrenching scene on a Lucerne street, the girls were plucked like flowers from their mother's side. Their secret lives ended as abruptly as they had begun--whisked away by car as their mother screamed for them...
...1980s. "Even years down the road, we shall look back on the first quarter of 1999 as the turning point in Italian finance, when we started on the road to change and moved much closer to the American model," says Giovanni Grimaldi, fund manager at investment company Primegest in Milan...
...Santander announced an $11.3 billion merger with crosstown rival Banco Central Hispano. This was followed by the $18 billion bid by Societe Generale, one of France's largest retail banks, with Paribas, the country's leading investment bank. During a sleepy Italian weekend in March, Unicredito, based in Milan, launched a $16 billion bid to buy northern rival Banca Commerciale Italiana, perhaps Italy's most prestigious banking brand. Only a few hours later, San Paulo-IMI, which had become the country's largest commercial bank through an earlier merger, announced a $9.7 billion offer for Banca di Roma, which...
...third reason for bulking up, according to Francesco Giavazzi, a professor at Milan's prestigious Bocconi business school, is that corporate size really does matter in banking, especially since the biggest banks are turning into one-stop service centers. According to Giavazzi, European banks are starting to follow another American model by replacing their traditional business of lending money with such financial services as asset management. "Being good is not good enough in asset management," Giavazzi says. "A bank has to be the best to attract customers, and that requires technology and highly trained personnel, which all cost money...