It contracts some tax and accounting advice from PricewaterhouseCoopers and uses Bankers Trust as a custodian.
The Center for Security Policy today applauded the work of Bankers Trust senior economist Lawrence J.
Culture clashes could also undo another German-American merger, the takeover of Bankers Trust by Deutsche Bank.
Converse, one of the founders of U.S. Steel and president of the Bankers Trust Company.
Morgan and Bankers Trust both ditched their retail branch networks long ago to focus on wholesale finance.
Nippon Credit Bank has tied up with Bankers Trust to securitize troubled assets and help handle foreign operations.
Bankers Trust, an American bank which pioneered work on risk management in the 1980s, has got the furthest.
Its purchase in 1999 of Bankers Trust, an American wholesale bank, has proved successful, but it is not enough.
ECONOMIST: Germany's biggest bank regroups to storm New York
This includes National Westminster , which in 1997 off-loaded parts of its troubled equities division to Bankers Trust New York .
Moreover, serious doubts remain about Deutsche's ability to integrate Bankers Trust successfully.
The spin-off should also ease the completion of the Bankers Trust deal and help Deutsche Bank to list its shares in New York.
The German company has been battling to achieve top-tier status on Wall Street since its 1999 purchase of Bankers Trust but has had some fits and starts.
More recently, The Economist has learned, the Fed was instrumental in seeking a buyer for Bankers Trust, America's eighth-biggest bank, but also rather troubled.
John O'Sullivan , Editor of the National Review and representatives from Solomon Brothers, Smith Barney, Moody's Investor Services, Bankers Trust, Bear Stearns and U.S. Trust.
Then there's Merrill Lynch, Bankers Trust New York and American Airlines.
In April, Bankers Trust bought Alex Brown, a rival American house.
ECONOMIST: BRITAIN SPECIAL: GLOBAL INVESTMENT BANKS: Fools’ gold | The
Josh McHugh Failed makeover Early this year, when Wall Street was high on Chief Executive Frank Newman's plans for remaking Bankers Trust, Forbes wasn't (Feb. 9).
The scandal cost Bankers Trust much of its reputation and brought in a new chief executive, Frank Newman, a former deputy secretary of the American Treasury.
Bankers Trust, on the other hand, was troubled and available.
Only recently, for example, the takeover of Bankers Trust by Deutsche Bank was held up for months by New York regulators who demanded a greater effort by German companies to retrieve Holocaust-era assets.
Once again, however, it is only those fund managers with the most clout that have been able to gain access: Jardine Fleming, Fidelity and Bankers Trust, which does a thriving business in Australia.
As Lawrence Brainard of Bankers Trust has said, the IMF and the World Bank will likely be ineffective in Poland because they do not attack structural defects, only the economic symptoms such as inflation, subsidies, and deficits.
Two years later, Deutsche Bank (nyse: DB - news - people ) swooped in to buy a similarly ailing Bankers Trust, attracted by its expertise in advising emerging U.S. tech and health care firms.
The Bankers Trust building, 1 Liberty Plaza and the Millennium Hotel -- all of which are across the street from the complex and had suffered some visible damage -- are safe and will not be torn down, Sheirer said.
Lately, indeed, they have grown more insistent, especially in America, where the collective actions of lawyers, Jewish groups, politicians and regulators now beset German companies as never before, and threaten to hold up the takeover of Bankers Trust by Deutsche Bank.
One classic cultural success is the example of Bankers Trust, where Alfred Brittain and Charlie Sanford formed a team that changed the corporate culture from that of a traditional commercial bank, highly valuing a measured pace of decision making, to that of a more transaction-oriented global merchant bank, emphasizing fast reactions, state-of-the-art communications, and sophisticated controls.
Whereas in the 1870s, East Coast and European bankers had no option but to trust deeply knowledgeable experts on specific illegible emerging markets such as oil and steel, by the 1900s, bankers could do to wannabe-Carnegies what people like Carnegie themselves had done to the artisan class: extract the knowledge they brought to the party and neutralize its use at the negotiating table.
In order to restore confidence, citizens, entrepreneurs and bankers need to have renewed trust in the financial system.
应用推荐