The biggest was probably the granting of full independence to Australia's central bank in 1996, and the bank has discharged its inflation-controlling mission admirably and sometimes bravely.
Earlier this year, Citigroup bought a controlling stake in KorAm Bank, which increased its private-banking network there from a dozen branches to over 200, while Standard Chartered last month opened its first branch in Seoul dedicated to private banking.
He said the bank is being "assertive" in controlling costs but will continue to hire new employees.
Lichtenstein purchased a controlling stake in Park Avenue Bank in 2004 and installed Antonucci to run it.
He resisted calls to have the government take controlling stakes in Citigroup and Bank of America.
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He said the bank is being "assertive" in controlling costs but will continue to hire new employees after adding about 560 people in the first quarter.
But potentially the most interesting development took place late last year when the central authorities gave Newbridge Capital the go-ahead to take a controlling stake in Shenzhen Development Bank.
He is a powerful businessman with controlling stakes in dozens of companies, including a bank, Paraguay's largest tobacco company and a variety of agricultural businesses.
First of all, inequality between rich and poor countries has increased dramatically in the last two decades, with (as James Wolfensohn of the World Bank said) 20% of the world's population controlling 80% of the world's wealth.
The World Bank consistently ranks Cambodia in the bottom 10% of all countries for controlling corruption.
Mr. Sarkozy has pressed his case for a strengthened and enlarged role for the European Central Bank, arguing that its mandate should include stimulating growth and not just controlling inflation.
The following October, the government of Chad, the former French colony in equatorial Africa, announced that it would amend a law controlling the spending of revenue from an oil pipeline that the bank had helped finance.
They are able to price well and their style is that they target a bank that they think they can turn around and then try to get a controlling stake so they can have a say in management.
In theory, a discretionary central bank could limit the quantity of money and achieve long-run price stability by controlling the growth of nominal final demand.
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