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The New Number One (Bank of America)
Oleh:
The Economist
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 380 no. 8488 (Jul. 2006)
,
page 69-70.
Topik:
bank
;
bank of america
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.39
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
A 40-year strategy comes to fruition. Now bank of America must find a new one. Senior employees of Bank of America (BOF A) packed into the auditorium at the company's headquarters in Charlotte on July 20th. They had gathered to hear Kenneth Lewis, the chief executive, deliver a long-awaited message, thanks to BOF A's earnings of S 5,5 billion in the second quarter, they now worked for the most profitable financial institutions in the world. To cheers, he added : it was nothing personal, citi just got in the way. "Citi" of course, is Citigroup. For BOF A, apssing Citigroup's profit number is a joy to be topped only when it has the greatest stockmarket value, too. A year ago that would have been laighable, the gap exceeded $ 40 billion, Today it is merely S$ 4 billion (see chrt) ..........
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