Also ...
- Share via
Toshihide Iguchi, a former Daiwa Bank Ltd. bond trader, was sentenced to four years in prison for concealing losses of $1.1 billion in unauthorized trades and conspiring with managers to conceal the losses. . . . The Federal Reserve Board approved Charlotte, N.C.-based NationsBank Corp.’s plan to acquire Boatmen’s Bancshares Inc., a $9.42-billion transaction that would create the fourth-largest bank in the U.S., stretching from Maryland to New Mexico. . . . Dallas-based Bristol Hotel Co. plans to acquire 61 Holiday Inn hotels from Britain’s Bass in a $659-million deal that would make it one of the leading hotel owner-operators in the U.S. and the world’s largest Holiday Inn franchisee.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.