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...However, in a 56-page ruling, Judge Thomas Ambro said that wanting to protect the J&J brand or to “comprehensively resolve litigation” was not an appropriate pretext for using the bankruptcy system....
...Judge Thomas Ambro, who wrote the ruling, said only a “debtor in financial distress” should file for bankruptcy and LTL was not in that position because of a $61bn financial backstop provided to it by J&...
...The incoming chair started his career in 1984 at Dutch lender ABN Ambro as a trainee in the capital markets division and then worked in various roles in private banking and investment banking before joining...
...is likely to have limited appetite for reforms, and may instead focus more on quick fixes, such as flooding the economy with more cheap credit,” said Nora Neuteboom, an economist at the Dutch bank ABN Ambro...
...Says Mr Ambros: “This year lots of people left a company and want to get back into the market. Franchises are a viable option and they provide people with a sense of a safe alternative....
...On Monday in New York, even as he tried to talk up the performance of Barclays’ investment banking arm so far this year, he told investors that the UK bank’s cash-and-shares offer for ABN Ambro was likely...
...“While the management’s track record in delivering synergies is very good, this is an ambitious target,” said Michael Soanes, an analyst at ABN Ambro in London....
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