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Chronology, 1963–89
Chronology, 1963–89 This chronology covers key political and economic developments in the quarter century that saw the transformation of the Euromarkets into the world’s foremost financial markets. It also identifies milestones in the evolu- tion of Orion; transactions mentioned are those which were the first or the largest of their type or otherwise noteworthy. The tables and graphs present key financial and economic data of the era. Details of Orion’s financial his- tory are to be found in Appendix IV. Abbreviations: Chase (Chase Manhattan Bank), Royal (Royal Bank of Canada), NatPro (National Provincial Bank), Westminster (Westminster Bank), NatWest (National Westminster Bank), WestLB (Westdeutsche Landesbank Girozentrale), Mitsubishi (Mitsubishi Bank) and Orion (for Orion Bank, Orion Termbank, Orion Royal Bank and subsidiaries). Under Orion financings: ‘loans’ are syndicated loans, NIFs, RUFs etc.; ‘bonds’ are public issues, private placements, FRNs, FRCDs and other secu- rities, lead managed, co-managed, managed or advised by Orion. New loan transactions and new bond transactions are intended to show the range of Orion’s client base and refer to clients not previously mentioned. The word ‘subsequently’ in brackets indicates subsequent transactions of the same type and for the same client. Transaction amounts expressed in US dollars some- times include non-dollar transactions, converted at the prevailing rates of exchange. 1963 Global events Feb Canadian Conservative government falls. Apr Lester Pearson Premier. Mar China and Pakistan settle border dispute. May Jomo Kenyatta Premier of Kenya. Organization of African Unity formed, after widespread decolonization. Jun Election of Pope Paul VI. Aug Test Ban Take Your Partners Treaty. -
The Headquarters of National Provincial Bank of England
Symbolism in bank marketing and architecture: the headquarters of National Provincial Bank of England Article Published Version Creative Commons: Attribution 4.0 (CC-BY) Open Access Barnes, V. and Newton, L. (2019) Symbolism in bank marketing and architecture: the headquarters of National Provincial Bank of England. Management and Organizational History, 14 (3). pp. 213-244. ISSN 1744-9359 doi: https://doi.org/10.1080/17449359.2019.1683038 Available at http://centaur.reading.ac.uk/86938/ It is advisable to refer to the publisher’s version if you intend to cite from the work. See Guidance on citing . To link to this article DOI: http://dx.doi.org/10.1080/17449359.2019.1683038 Publisher: Taylor and Francis All outputs in CentAUR are protected by Intellectual Property Rights law, including copyright law. Copyright and IPR is retained by the creators or other copyright holders. Terms and conditions for use of this material are defined in the End User Agreement . www.reading.ac.uk/centaur CentAUR Central Archive at the University of Reading Reading’s research outputs online Management & Organizational History ISSN: 1744-9359 (Print) 1744-9367 (Online) Journal homepage: https://www.tandfonline.com/loi/rmor20 Symbolism in bank marketing and architecture: the headquarters of National Provincial Bank of England Victoria Barnes & Lucy Newton To cite this article: Victoria Barnes & Lucy Newton (2019) Symbolism in bank marketing and architecture: the headquarters of National Provincial Bank of England, Management & Organizational History, 14:3, 213-244, DOI: 10.1080/17449359.2019.1683038 To link to this article: https://doi.org/10.1080/17449359.2019.1683038 © 2019 The Author(s). -
PRIVACY NOTICE Privacy Notice
PRIVACY NOTICE Privacy Notice Page 1. Who we are 3 2. The information we process 3 3. How we obtain information 4 4. Your rights 5 Table A – Your Rights 5 5. Changes to the way we use your information 6 6. How we use and share your information with other NatWest group companies 6 7. Sharing with third parties 6 8. Transferring information overseas 7 9. Marketing information 7 10. Communications about your account 7 11. Credit reference and fraud prevention agencies 7 12. How long we keep your information 8 13. Security 9 Schedule A – Schedule of Purposes of Processing A. Contractual necessity 10 B. Legal obligation 10 C. Legitimate interests of the bank 11 02 Privacy Notice 1. Who we are 1.1. This privacy notice (the ‘Privacy Notice’) applies to all personal information processing activities carried on by the businesses of the *Royal Bank of Scotland International Limited (RBS International). *RBS International also trades as NatWest International, Isle of Man Bank and Coutts Crown Dependencies. 1.2. RBS International is a data controller in respect of personal information that we process in connection with our business (including the products and services that we provide). In this notice, references to ‘we’, ‘us’ or ‘our’ are references to RBS International. 1.3. The Royal Bank of Scotland International Limited trades in Jersey, Guernsey and the Isle of Man as Coutts Crown Dependencies. The Royal Bank of Scotland International Limited Registered Office: P.O. BOX 64, Royal Bank House, 71 Bath Street, St. Helier, Jersey JE4 8PJ. Tel 00 44 1534 282345. -
Cross-Border Financial Institutions in the EU: Analysis of Total Assets and Ultimate Ownership
Directorate-General for Internal Policies Directorate A - Economic and Scientific Policy Policy Department A.: Economic and Scientific Policy and Quality of Life Unit Cross-Border Financial Institutions in the EU: Analysis of Total Assets and Ultimate Ownership Briefing Note IP/A/ECON/NT/2008-10 PE 408.550 Only published in English. Author: Josina KAMERLING Policy Department Economy and Science DG Internal Policies European Parliament Rue Wiertz 60 - ATR 00L046 B-1047 Brussels Tel: +32 (0)2 283 27 86 Fax: +32(0)2 284 69 29 E-mail: [email protected] Arttu MAKIPAA Policy Department Economy and Science DG Internal Policies European Parliament Rue Wiertz 60 - ATR 00L042 B-1047 Brussels Tel: +32 (0)2 283 26 20 Fax: +32(0)2 284 69 29 E-mail: [email protected] Manuscript completed in August 2008. The opinions expressed in this document do not necessarily represent the official position of the European Parliament. Reproduction and translation for non-commercial purposes are authorised provided the source is acknowledged and the publisher is given prior notice and receives a copy. Rue Wiertz – B-1047 Bruxelles - 32/2.284.43.74 Fax: 32/2.284.68.05 Palais de l‘Europe – F-67000 Strasbourg - 33/3.88.17.25.56 Fax: 33/3.88.36.92.14 E-mail: [email protected] IP/A/ECON/NT/2008-10 PE 408.550 Table of Contents 1. The Data on Financial Institutions in EU27 ......................................................................1 2. Largest Financial Institutions in Europe (Tables 1-5) .......................................................2 -
Causes and Consequences of Recent Bank Failures
United States Government Accountability Office Report to Congressional Committees GAO January 2013 FINANCIAL INSTITUTIONS Causes and Consequences of Recent Bank Failures GAO-13-71 January 2013 FINANCIAL INSTITUTIONS Causes and Consequences of Recent Bank Failures Highlights of GAO-13-71, a report to congressional committees Why GAO Did This Study What GAO Found Between January 2008 and December Ten states concentrated in the western, midwestern, and southeastern United 2011—a period of economic downturn States—all areas where the housing market had experienced strong growth in in the United States—414 insured the prior decade—experienced 10 or more commercial bank or thrift (bank) U.S. banks failed. Of these, 85 percent failures between 2008 and 2011 (see below). The failures of the smaller banks or 353 had less than $1 billion in (those with less than $1 billion in assets) in these states were largely driven by assets. These small banks often credit losses on commercial real estate (CRE) loans. The failed banks also had specialize in small business lending often pursued aggressive growth strategies using nontraditional, riskier funding and are associated with local sources and exhibited weak underwriting and credit administration practices. The community development and rapid growth of CRE portfolios led to high concentrations that increased the philanthropy. These small bank failures banks’ exposure to the sustained real estate and economic downturn that began have raised questions about the contributing factors in the states with in 2007. GAO’s econometric model revealed that CRE concentrations and the the most failures, including the use of brokered deposits, a funding source carrying higher risk than core possible role of local market conditions deposits, were associated with an increased likelihood of failure for banks across and the application of fair value all states during the period. -
Factsheet(US AIF USD September)
Investment management by Gresham Defined Funds US Accelerator Index Fund (US Dollar) Performance Update September 2013 Fund features US Accelerator Index Fund (US Dollar) In September, the Fund recorded a positive performance, below that of the The US Accelerator Index Fund reference index for the Month. The Fund is designed to provide 115% of the growth (US Dollar) provides exposure to in the S&P 500® Index above 1379.85 points as of the 12th of November 2013. For the S&P 500 ® Index over a one further information please visit www.commerzbank.com/gresham year period. The Fund will give an upside participation of 115% of the US Accelerator Index Fund (US Dollar) growth in the S&P 500 ® from strike date to 12 November NAV as of 30 September 2013 131.60 2013, subject to a maximum rise in the Index of 12% and a Return (30 August 2013 – 30 September 2013) 0.96 % maximum return of 13.8% Return (Launch to date) 32.12 % If the S&P 500 ® falls below the Maximum possible return (to maturity on 12 November 2013) -0.63 % Initial Index Level the Fund will Performance Summary track the performance of the Fund Total Ranking 1 Historical Fund Index on a 1:1 basis at maturity. Rank Funds Quartile Returns Period 1 month 326 330 4 Annualised return 4.84 % 3 months 325 330 4 Return over 1 month 0.96 % 6 months 312 325 4 Contacts 1 year 261 320 4 Return over 3 months 2.18 % 3 yrs 114 283 2 Return over 1 year 15.24 % Kleinwort Benson Since Launch 34 236 1 (Investment Manager) (09 Nov 2007) Return YTD 13.22 % Thom Gascoigne +44 (0)20 3207 7141 1 Source: -
Kyung Cho, Et Al. V. UCBH Holdings, Inc., Et Al. 09-CV-04208
Case3:09-cv-04208-JSW Document217 Filed01/09/12 Page1 of 81 1 Laurence M. Rosen, Esq. (CSB# 219683) THE ROSEN LAW FIRM, P.A. 2 355 South Grand Avenue, Suite 2450 Los Angeles, CA 90071 3 Tel: (213) 785-2610 Fax: (213) 226-4684 4 Email: [email protected] 5 -and- 6 Phillip Kim, Esq. (pro hac vice) THE ROSEN LAW FIRM, P.A. 7 275 Madison Avenue, 34th Floor New York, New York 10016 8 Telephone: (212) 686-1060 Facsimile: (212) 202-3827 9 Email: [email protected] 10 Lead Counsel for Plaintiffs and Class 11 IN THE UNITED STATES DISTRICT COURT 12 NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION 13 14 Case No.: CV-09-4208-JSW KYUNG CHO; REX DECHAKUL; AND CV-09-4429-JSW 15 CV-09-4449-JSW DAVID HWANG, INDIVIDUALLY AND CV-09-4513-JSW 16 ON BEHALF OF ALL OTHERS CV-09-4505-JSW SIMILARLY SITUATED, 17 CONSOLIDATED THIRD AMENDED Plaintiffs, COMPLAINT FOR VIOLATIONS OF 18 THE FEDERAL SECURITIES LAWS vs. 19 CLASS ACTION 20 UCBH HOLDINGS, INC.; THOMAS S. WU; THOMAS YU; EBRAHIM SHABUDIN; JURY TRIAL DEMANDED 21 CRAIG ON; DENNIS WU; ROBERT Hon. Jeffrey S. White 22 NAGEL; JOHN M. KERR; DANIEL M. GAUTSCH; DOUGLAS MITCHELL; 23 BURTON D. THOMPSON; JOHN CINDEREY; JOSEPH J. JOU; PIN PIN 24 CHAU; LI-LIN KO; QINGYUAN WAN; 25 GODWIN WONG; DAVID NG; DANIEL P. RILEY; RICHARD LI-CHUNG WANG; and 26 JOHN DOES 1-10, 27 Defendants. 28 1 CONSOLIDATED THIRD AMENDED COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS-- Case no. CV-09-4208-JSW Case3:09-cv-04208-JSW Document217 Filed01/09/12 Page2 of 81 1 2 Lead Plaintiff Kyung Cho and named plaintiffs Rex DeChakul and David Hwa 3 (collectively the “Plaintiffs”) individually and on behalf of all other persons similarly situated, 4 their undersigned attorneys, allege in this Consolidated Second Amended Complaint ( 5 “Complaint”) the following upon knowledge with respect to their own acts, and upon 6 obtained through an investigation conducted by their counsel. -
Gladstone and the Bank of England: a Study in Mid-Victorian Finance, 1833-1866
GLADSTONE AND THE BANK OF ENGLAND: A STUDY IN MID-VICTORIAN FINANCE, 1833-1866 Patricia Caernarv en-Smith, B.A. Thesis Prepared for the Degree of MASTER OF ARTS UNIVERSITY OF NORTH TEXAS May 2007 APPROVED: Denis Paz, Major Professor Adrian Lewis, Committee Member and Chair of the Department of History Laura Stern, Committee Member Sandra L. Terrell, Dean of the Robert B. Toulouse School of Graduate Studies Caernarven-Smith, Patricia. Gladstone and the Bank of England: A Study in Mid- Victorian Finance, 1833-1866. Master of Arts (History), May 2007, 378 pp., 11 tables, bibliography, 275 titles. The topic of this thesis is the confrontations between William Gladstone and the Bank of England. These confrontations have remained a mystery to authors who noted them, but have generally been ignored by others. This thesis demonstrates that Gladstone’s measures taken against the Bank were reasonable, intelligent, and important for the development of nineteenth-century British government finance. To accomplish this task, this thesis refutes the opinions of three twentieth-century authors who have claimed that many of Gladstone’s measures, as well as his reading, were irrational, ridiculous, and impolitic. My primary sources include the Gladstone Diaries, with special attention to a little-used source, Volume 14, the indexes to the Diaries. The day-to-day Diaries and the indexes show how much Gladstone read about financial matters, and suggest that his actions were based to a large extent upon his reading. In addition, I have used Hansard’s Parliamentary Debates and nineteenth-century periodicals and books on banking and finance to understand the political and economic debates of the time. -
2020 Annual Report Adaptation Makes Things Work
2020 Annual Report Adaptation makes things work GUERNSEY - JERSEY - ISLE OF MAN CEO’s Statement WELCOME If ever there was a year for business to adapt to changing circumstances, it was 2020. At a time when we needed to adapt to the rapidly changing environment, we still saw excellent growth in our lending volume and a continuation of very low levels of bad debt. So, despite the pandemic and all the difficulties it caused, I am delighted to record that we achieved a 9% increase in our lending volume. Annual Report 2020 1 CEO’s Statement Continued I would like to thank our dedicated and very loyal staff who have worked extremely hard to make this happen, especially since we had to make rapid provision for our local teams to work remotely. This report provides the highlights º We have continued to apply the same º With Grant Thornton’s continued º Both our Jersey and Isle of Man of our business for the calendar year strict lending criteria that we have oversight as our Auditors, there have operations are continuing to grow ending December 2020. As always, always used, to ensure the quality been no issues raised in any of their in line with expectations. With our we will provide a further update on of our lending. We will not at any quarterly reports, which serves retail partner networks expanding our performance for the fiscal year, point be looking to grow the size to demonstrate the security of the considerably, we have seen ending June 2021, at our annual of our lending activity by taking Loan Notes. -
German Corporate Culture in the Twenty-First Century: the Ni Terrelation Between the End of Germany, Inc
University of Minnesota Law School Scholarship Repository Minnesota Journal of International Law 2002 German Corporate Culture in the Twenty-First Century: The nI terrelation between the End of Germany, Inc. and Germany's Corporate Capital Gains Tax Reform Benjamin W. Johnson Follow this and additional works at: https://scholarship.law.umn.edu/mjil Part of the Law Commons Recommended Citation Johnson, Benjamin W., "German Corporate Culture in the Twenty-First Century: The nI terrelation between the End of Germany, Inc. and Germany's Corporate Capital Gains Tax Reform" (2002). Minnesota Journal of International Law. 141. https://scholarship.law.umn.edu/mjil/141 This Article is brought to you for free and open access by the University of Minnesota Law School. It has been accepted for inclusion in Minnesota Journal of International Law collection by an authorized administrator of the Scholarship Repository. For more information, please contact [email protected]. Commentary German Corporate Culture in the Twenty- First Century: The Interrelation Between the End of Germany, Inc. and Germany's Corporate Capital Gains Tax Reform Benjamin W. Johnson* INTRODUCTION From 1945 until 1989, the world operated in two distinct economic spheres: the Soviet controlled economies and the United States and its allies.' In 1989, the governments of the Soviet bloc began collapsing and the wall dividing the two worlds crumbled. During the 1990's, Europe's economic growth was impressive considering the integration of the two distinct economic systems of the capitalist West and the communist East. Currently, the merging of the Eastern European econo- mies into the larger Western European market is not complete, but the countries have taken Herculean steps in this unprece- dented effort. -
Regional Financial Disparity in India: Can It Be Measured?
Journal of Institutional Economics (2021), 17, 836–860 doi:10.1017/S1744137421000291 RESEARCH ARTICLE Regional financial disparity in India: can it be measured? Rashmi U. Arora* and P. B. Anand Faculty of Management, Law & Social Sciences, University of Bradford, Bradford, UK *Corresponding author. Email: [email protected] (Received 25 November 2019; revised 7 April 2021; accepted 8 April 2021) Abstract In this study, we examine disparities in financial development at the regional level in India. The major research questions of the study are: how do we measure the level of financial development at the sub- national level? How unequal is financial development across the states? Does it vary by ownership of financial institutions? To explore these research questions, our study develops a composite banking devel- opment index at the sub-national level for three different bank groups – public, private and foreign for 25 Indian states covering 1996–2015. Our findings suggest that despite reforms, banking development is sig- nificantly higher in the leading high income and more developed regions compared to lagging ones. Furthermore, we find that all bank groups including public banks are concentrated more in the developed regions. Overall, over the years the position of top three and bottom three states in the aggregate banking index have remained unchanged reflecting lop-sidedness of regional development. We also note improve- ment in the ranking of some north-eastern states during the period 2009–15. Key words: Banking development index; financial development; financial inclusion; India JEL codes: D63; G21; O16; O53 1. Introduction Recent discussions on inequality have focused on increasing global income and wealth inequality between individuals, inequality between countries and inequality among different population groups within a country (Atkinson, 2015; Pickety, 2014; Stiglitz, 2013, 2015). -
[ Kashiwanoha Innovation Fes 2020 ] Held Online for the First Time from 10/24 (Sat.) to 11/3 (Tues., Holiday)
For immediate release October 9, 2020 Kashiwanoha Innovation Fes Executive Committee Mitsui Fudosan Co., Ltd. UDCK Town Management Open Innovation Forum with Distinguished Guests to Communicate the Post-Corona Future from Kashiwa-no-ha Smart City to Japan and the World [ Kashiwanoha Innovation Fes 2020 ] Held Online for the First Time from 10/24 (Sat.) to 11/3 (Tues., holiday) With distinguished guests including Audrey Tang, Digital Minister of Taiwan, and Takeshi Kobayashi, musician and Representative Director , ap bank. The Kashiwanoha Innovation Fes Executive Committee (with Mitsui Fudosan Co., Ltd. and UDCK Town Management as the lead organizations) will be holding Kashiwanoha Innovation Fes 2020, an open innovation forum, for the first time online from Saturday, October 24 to Tuesday, November 3 (holiday). The forum will host discussions about the city and the post-corona future at Kashiwa-no-ha Smart City, which promotes urban development based on solutions for the future through public-private-academic partnerships, communicating these discussions to Japan and the rest of the world. The event seeks to create and actualize opportunities for new innovation that will affect positive change for cities and societies in the coming post-corona period. It will host a roundtable talk with leading thinkers in a range of areas, including urban development themes promoted by Kashiwa-no-ha Smart City (coexistence with the environment, promoting health and longevity, and fostering new industries) as well as data utilization, which has been selected as a progressive model project by the Ministry of Land, Infrastructure, Transport and Tourism and is a current area of focus, in addition to open discussions with companies, universities and other organizations involved in business development and research activities in the Kashiwa-no-ha area.