Leading Japan's overseas banking drive
Article Abstract:
Koh Komatsu, the new president of Sumitomo Bank, has led the bank's push into international markets, with Sumitomo now expecting to get 40 percent of its profits from overseas, up from 25 percent currently. Analysts point out that Sumitomo is one of the best-managed banks in Japan, with the resources and drive to compete in international markets against large U.S. and European banks, in effect achieving one of Komatsu's goals, that of making Sumitomo the 'Citibank' of Japan. Komatsu differs considerably from the two executives who immediately preceded him, and he points out that he has not yet discovered his personal management style since his appointment in November 1983. Sumitomo's goals in overseas capital markets and its current strong financial status are described.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1985
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Learning to be entrepreneurial...and to be a better skier
Article Abstract:
The theme of the Davos Symposium held in Switzerland in the first week of February 1985 was 'Toward a New Entrepreneurial Era', and it was no surprise that the conference, which is sponsored by the EMF (European Managemeent Forum) Foundation, was dominated by attendees representing U.S. corporations. Among were those in attendance were John Akers, IBM's president, John Young, CEO of Hewlett-Packard, Donald Kendall, chairman of PepsiCo, and Rand Araskog, ITT's CEO, as well as such political luminaries as Helmut Kohl, Chancellor of West Germany, Edward Heath, former British prime minister, Raymond Barre, former French premier, Senator Bill Bradley, Representative Jack Kemp and deputy Treasury secretary R.T. McNamar. A review of the discussions held is provided.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1985
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The unlikely banker leading Samuel Montagu's Asian assault
Article Abstract:
Barbara Thomas, a banker from the U.S., has led Samuel Montagu and Co.'s entry into Asian banking markets, a feat made more remarkable by the inherent mistrust many Asian businessmen have for women in business. But Thomas has risen above the discussions concerning her gender and has concentrated instead on the effective move of the company into Hong Kong and other Asian markets. She points out the opportunities available in Asian markets, comparing it to the Western U.S. in the mid-1800s and claiming people there are willing to take tremendous risks to achieve exceptional rewards. Samuel Montagu's efforts in Asia and how Thomas has provided the leadership and steady management such a move requires are described.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1984
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