Hints and tips:
...The ability of Ms Riley to carve out a profitable future in the US for Deutsche, whose $10bn acquisition of Bankers Trust in 1998 became emblematic of foreign banks’ ill-fated attempts to expand on Wall...
...Dowley is a non-executive director at Melrose Industries and Scottish Mortgage Investment Trust....
...In Kumar’s case, flipping fully would mean telling prosecutors about AMD’s $5.4 billion acquisition of ATI Technologies in 2006, which produced a nearly $23 million windfall for Galleon and triggered Kumar...
...resonate over the remainder of the decade: HSBC’s $16bn acquisition of Household International, the US’s biggest subprime mortgage lender....
...She rose quickly, becoming the chief financial officer in 2001 and chief executive in 2006. En route to the boardroom, Nooyi spearheaded the acquisition of Tropicana and the merger with Quaker Oats....
...Morgan Stanley, which did over $7bn in buy-backs in 2006-07, traded a 9.9 per cent equity stake with China’s sovereign wealth fund for $5bn. It has now agreed to a takeover....
...Either way, conversion into a real estate investment trust looks a distant prospect, they said....
...J Sainsbury gained 2.1 per cent to 373p after the sale of stock by one of the Sainsbury family trusts....
...J Sainsbury was the day’s main talking point, however....
...The rumours helped Morrison shares close 1.5 per cent higher at 300½p and J Sainsbury gain 1.1 per cent to 583½p....
...John P....
...Barclays lost 4.6 per cent to 673½p while Royal Bank of Scotland dropped 4.5 per cent to £19.55 on worries they could be affected by the problems in the US subprime mortgage market....
...News that the government remained committed to the introduction of tax-efficient real estate investment trusts (REITS) and was aiming for legislation in the 2006 Financing Bill was warmly received....
...HBOS fell 1.5 per cent to 748½p after Morgan Stanley highlighted the impact of the slowing housing market and cut its recommendation for the UK’s biggest mortgage bank from “overweight” to “equal-weight”...
...JP Morgan put the life assurance companies under pressure by highlighting their costs....
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