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...some South Koreans, it's one step toward a victory against a series of alleged crimes by American servicemen and their relatives over the past 40 years - and the law that they say goes easy on them. "We've seen in this case that SOFA's protection range is too broad," says Park Kyung Soo, an activist at the National Campaign for the Eradication of Crimes by U.S. Troops in Korea, a nonprofit organization in Seoul. "It restricts the right to continuous detention before prosecution, and whenever people protected by SOFA go to court, an American representative has to accompany...
...government made a wise move in reopening the case, and that resolving the Itaewon Burger King murder will help heal old scars between American military bases and the South Korean residents living around them. But Park, the activist, asserts that a new trial will only be the first step in a struggle to revise the treaty that could take decades. "It'll certainly loosen tensions, but only a little bit," Park says. And without a conviction, many South Koreans will continue to harbor anger over what they believe was the great solvable murder that went unsolved...
Santander's Other Secret The Abbey turnaround came straight from the Santander playbook - and highlights the second key to the company's incredible success: software. First step, in goes Santander's proprietary Parthenon software, which organizes a bank's business by customer instead of by product line, as had been the case at Abbey. "This is the kind of sophisticated information JPMorgan still didn't have, and I saw it at a Santander branch in Chile," says Davide Serra, head of the U.K.'s Algebris hedge fund. The system facilitates cross-selling to existing customers while allowing Santander...
...ongoing parlor game in Madrid now is betting who's going to succeed Emilio Botín whenever he decides to step down. Santander was founded in 1857; a Botín has run it since 1920. Current chief executive Alfredo Saenz came to the bank when it bought Banesto in 1994, bringing the Parthenon operating platform with him. He's very smart and at most other banks he'd be a shoo-in. But Botín is a dynastic kind of guy, and his daughter Ana Patricia, 49, currently heads Banesto, which is still run as a separate...
...feel that Spencers’s got a lot of talent and he just has to bring it out,” Weiss said. “We feel he can go with anybody. Hopefully with this last win he can get some momentum, because we need him to step...