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Continental recovery

NZPA-AP Chicago A year after the largest bank run in history brought one of the United States’ biggest financial institutions to its knees, the restructured Continental Illinios Corporation is on its feet again and taking small steps toward an uncertain future. Continental has earned a profit in each ot its last three quarters, but the ninemonth total of $U579.3 million ($NZ174.5 million) is dwarfed by the SUSI.I6 billion ($NZ2.55 billion) loss sustained during the run in the second quarter of 1984.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19850515.2.187.9

Bibliographic details

Press, 15 May 1985, Page 37

Word Count
83

Continental recovery Press, 15 May 1985, Page 37

Continental recovery Press, 15 May 1985, Page 37

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