Word: rale
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Dates: during 2000-2009
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...interest on its roughly 4.5 million current accounts make it the first major bank in France to exploit last month's regulation changes quashing 70-year-old laws banning certain charges and payments. So far banks Société Générale, BNP Paribas and Crédit Agricole all say they will not follow suit until customers express interest of their own. It may be a long wait. Though the French wrote 4 billion checks on 57 million current accounts last year, the national average balance of €1,500 would yield a mere...
...euro zone," says Francesco Giavazzi, an economist at Milan's Bocconi University. If anything, Giavazzi says, Santander's move in Britain demonstrates how many barriers remain to such transnational deals. Santander had already been blocked from taking over France's Société Générale in 1999 because the bid came from abroad. When Spain's Banco Bilbao Vizcaya Argentaria tried to merge with Italy's UniCredito Italiano the same year, Italy's regulator, too, balked at the idea of an Italian bank falling into foreign hands. In Abbey's case, U.K. competition regulations may have...
...Much Of An Insider A Paris court found famed financier George Soros guilty of insider trading, and fined him €2.2 million. The charge stems from Soros' role in the 1988 takeover of the French bank Société Générale. Soros had denied having privileged knowledge...
...rooms that follow, filled with the surgical purity of Kinetic and Op art, until we reach works inspired by '60s politics. Like artists before World War I, Jean Jacques Lebel draws on images of lowlife, but in Parfum Gréve Générale, bonne odeur (1960), pretty girls posing in underwear rub elbows with bloody corpses. Jacques de la Villeglé's Boulevard de la Bastille (1969) uses torn posters from the previous year's near-revolution overlaid with depictions of General de Gaulle...
...rate of 6.56 francs to ?1. ("It's easy," says another Paris greengrocer, displaying his mathematical prowess. "You just divide by 50% and add that to the original, then times by 10 ..." Well, the good news is that big banks like Société Générale have passed out free calculators.) Even the Germans, who merely had to chop the old deutsche mark prices in half, seem slightly perplexed. Almost 50% of Germans polled by Allensbach, an opinion researcher, thought a new Volkswagen Polo priced at 26,000 deutsche marks was expensive, but only one-third...