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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Jun 02, 1976

Page

3

Foreign banks move to city

The United Bank for Arab and American Finance is to open next month at 345 Park Avenue as the first jointly owned Arab and American bank in the United States. Eleven Arab banks and four American holding companies back the venture, reflecting a surge of foreign banks entering New York amid a stable U.S. economy and anticipated regulatory shifts. The bank will offer investment management, money markets, and project financing, with links to Middle East investors and American corporations seeking regional opportunities.

N.Y Union de Aay Arabes Et Francaises Itse Bankers Trust New York Chicago Corp Securiy Pacific Corp Texas Commerce Bancshares Inc United States Ubaf Bank New York New York State Banking Department Ing New York City U.S Kevin G. Woelflein Egypt Morocco Oman U.S. Treasury Middle East Woelflein Tokyo First

Pamela disrupts island homes in Guam after typhoon

Typhoon Pamela with 160 mph winds struck Guam on May 21 causing widespread damage but few injuries. About 85 percent of homes lack power and restoration may take three months. Water and communications were cut. 2,800 homes were destroyed and 2,300 heavily damaged. curfew remains until streets light again.

Agana Guam Pamela Red Cross

Also Mentioned on This Page

Island Homes HELP Washington Clip & Mail Today N.M Reagan Carlisle W.E Albug Federal Election Commission Washington, D.C Ture Regen Vida Eae Clea Zenith B&w Zenith Sunshine Picture Tube South Main South Main & Hobbs
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