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After studying chemistry at Shanghai’s Fudan University, Jane Chuan and Wang Youqi pursued doctorates in the U.S. She got hers from what’s now the University of Buffalo in 1988, the year they married. Wang graduated in 1994 from the California Institute of Technology.
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Andreas Mohringer owes his success to a bottle of Benadryl.
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Ken Major climbs the steps of a county courthouse in a San Francisco suburb with $500,000 in cashier’s checks in one hand and a list of addresses in the other. Major is a buyer for Waypoint Real Estate Group LLC, an Oakland-based investment firm that’s scooping up foreclosed homes in California.
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From the sparkling, emerald-green waters of the Atlantic off the east coast of Brazil, Cavala Island looks like a tropical paradise of lush vegetation framed by giant rocks. It’s also where millionaire Antonio Claudio Resende, a founder of Latin America’s largest car-rental company, became a squatter.
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For investment bankers, 2011 started with a shout and ended with a whimper -- causing fees to shoot up in the first half, then fizzle at year’s end.
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Glencore International Plc’s $37 billion announced takeover of coal exporter Xstrata Plc in February -- the biggest mining deal ever -- signals that natural-resource tie-ups may dominate mergers and acquisitions again this year after doing so in 2011.
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In a boon to investment banks looking for good news amid tanking markets, a score of Internet companies went public in 2011. Professional-networking site LinkedIn Corp. hit the market in May, offering shares that as of March had nearly doubled in value. Discount coupon seller Groupon Inc. followed in November, and then game developer Zynga Inc. joined the parade in December.
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The vaulted red-brick building overlooking the River Main on Frankfurt’s east side has an illustrious if checkered past.
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Hyundai Motor Co. Chairman Chung Mong Koo crosses the stage for his New Year’s address, his heels clicking as 600 employees wait in silence.
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Vikram Pandit knows one way to make big money in hedge funds: sell them.
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At 8 a.m. on Jan. 10, Takumi Shibata, chief operating officer of Nomura Holdings Inc., walked into the firm’s London boardroom overlooking the River Thames to try to salvage the 2008 acquisition of the European and Asian units of bankrupt Lehman Brothers Holdings Inc.
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During 10 turbulent years in Thailand, Kittiratt Na-Ranong tackled jobs ranging from president of the stock exchange to manager of the national soccer team, an underperforming outfit nicknamed the War Elephants.
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Wandering the corridors of the stately royal palace in Luang Prabang, I get a sense of deja vu as I peer into the bedroom of the last king of Laos.
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Avenue Capital Group founder Marc Lasry and Bruce Grossman, his senior manager of investment, were on a private jet returning to New York from Harrisburg, Pennsylvania, in 2005 when they felt the plane’s cabin suddenly heat up.
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Even in an industry full of risk takers, James Dondero stands out.