The following chart shows consolidation of the U.S. banking sector roughly from the early 1990s to 2010 which led to four major banks. There are other similar stories in banking and particularly colorful stories in investment banking. Also, there already was significant consolidation before the early 1990s. Still the chart is impressive in the story it tells through a single picture. Interestingly […]
Michael Macaluso: Global finance and legal expert Law & Life Vol. 2, July 16, 2015, cover story Michael J. Macaluso, whose Chinese name is: 马鲁索. Interview translated from the original Chinese. He is the chairman and chief executive officer of Global Access and a former Partner in finance, capital markets, and investment funds at DLA Piper. He has […]
Are there new rules for how to approach corporate strategy? In an interesting and at times provocative piece, Helen Rosen of Global Access and Sigvard Bore of Pactera Technology, a consulting subsidiary of The Blackstone Group, make the case in “Think AND Do…The Need for Continuous Strategy”, which can be downloaded here: Continuous Strategy. The authors note that the […]
A recent article posted to a Wall Street Journal blog got me thinking about a question that has long been on my mind: are we really facing a humans vs machine dilemma when it comes to U.S. jobs and competitiveness? The following three important and persistent trends are leading business to replace labor with technology: Availability of […]
The George Washington University Graduate School of Political Management is offering an open course (a so-called MOOC) entitled Business in a Political Age taught by its leader, The Hon. Mark Kennedy. I have known Mark Kennedy for many years. He has been a successful business man, a politician who served his country and he now leads George Washington University’s […]
According to the China Daily, southern California recently hosted a group of visitors from China for a week. This would have been an unremarkable event except that, impressively, this group consisted of 7,000 Chinese visitors. The group was large enough to have its parting event at the Anaheim Convention Center. The Mayor of Anaheim, Tom Tait, gave the keynote speech. It will take more than 20 airplanes […]
The University of Minnesota’s commitment to China is remarkable. Even more remarkable is the University’s sustained commitment over a century as this year marks the 100th year since the University admitted its first Chinese student. It is against this backdrop that the University of Minnesota recently held its 13th annual Bob and Kim Griffin “Building U.S-China Bridges Lecture” with […]
May 6, 2016
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