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It began as a convenience for bank customers who needed quick cash but didn’t want to stand in long lines.
Aug. 19, 1990
Business
In the computerized trading rooms where national currencies are swapped across oceans, the prized commodity these days isn’t the German mark, Japanese yen or British pound.
May 29, 1991
BankAmerica is quickening the pace of its asset sales, actively seeking buyers for as much as $6 billion in overseas assets, including subsidiary banks in Italy, West Germany and Spain and Bank of America branches around the world.
Nov. 7, 1986
California
Mayor Tom Bradley is putting Los Angeles City Hall in the international banking business by opening an office that will help small and medium-size companies obtain the financing needed to sell their goods overseas.
Sept. 18, 1987
Financial services: Nation’s top bond fund manager may sell all or part of itself to insurer Allianz to gain global reach.
July 8, 1999
One of the linchpins of President-elect Bill Clinton’s economic revival plan--a proposal to extract billions of dollars in taxes from foreign companies doing business in the United States--is drawing skeptical reaction as evidence surfaces that current collection efforts are yielding small gains.
Nov. 12, 1992
World & Nation
The controversy over Nicaragua may turn out to be a sideshow.
March 26, 1986
In the large Filipino community of Southern California, California Overseas Bank has for years been nicknamed the “Philippine Bank of Los Angeles” because of its close relations with the Manila regime of former Philippine President Ferdinand E.
Oct. 22, 1988
Top of the Ticket
This article was originally on a blog post platform and may be missing photos, graphics or links.
May 4, 2009
Individuals and firms can also buy currency. The move is expected to eventually strengthen the yuan and comes as Hu prepares a U.S. visit.
April 14, 2006