It came out of the Alps: a monster bank has its American rivals worried
Article Abstract:
United Bank of Switzerland (UBS) is the result of a merger between two Swiss banking giants, Union Bank of Switzerland and Swiss Bank Corp. The new bank will be the second-largest in the world behind Bank of Tokyo-Mitsubishi, with $60 billion in capital and assets of $600 billion. The merger underscores the global consolidation trend in the financial services industry. United States' banks alone have accomplished mergers valued at $238.7 billion through November, 1997. Consolidation is being accompanied by diversification into investments and other financial services.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1997
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Al's worst nightmare
Article Abstract:
Vice President Al Gore's hopes of running for presidency in 2000 could be in jeopardy if the global financial difficulties worsen. President Bill Clinton publicly in Philadelphia requested that the House approve funding for the International Monetary Fund (IMF). However, many suspect that if the US does go into recession, voters may look for more neoprotectionists like Dick Gephardt.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1998
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Driving out the Serbs
Article Abstract:
This article describes how extremist Albanians in Kosovo are now perpetrating atrocities against Serbs and Gypsies, with many of the victims being Serb Orthodox priests. Relevant points include the destruction of Orthodox churches by ethnic Albanians and the suspected role of the Kosovo Liberation Army.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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