Hints and tips:
...The surest way to reward owners, Mr Ashley et al, is for Sports Direct to pay a dividend. What banks would give Is the business of phones any safer than the business of banking?...
...He arrives from the Royal Bank of Scotland, where he ran the corporate finance and equity capital markets business for the Middle East and Africa....
...With the UK’s big banks – Barclays, Royal Bank of Scotland, HSBC – competing head-to-head with those Wall Street groups, there is little chance of their boards opting to trim the pay of either CEOs or run-of-the-mill...
...Lloyds et al. are simply trading below tangible net asset value at the moment: We don’t see TNAV as a floor for share prices but we are comfortable on the ability of the balance sheet to withstand further...
...As a former investment banker, Augar tells the story of the disaster in the financial markets. What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...But that is the premium that Sir Fred Goodwin, chief executive of Royal Bank of Scotland, and his consortium pals, seem willing to pay to win control of ABN Amro....
...Another twist in the ABN Amro takeover. And this time it’s RBS et al on the back foot – or at least in something of a corner....
...Unlike the business of actually making things — which moved to China et al years ago, flattening global economics — the world of high finance, we were told, remained notably curvaceous....
...The responses from 55 institutions suggest that Barclays would need to up its offer to at least €40 a share to have a chance of getting approval from the ABN shareholders – assuming RBS et al stick where...
...RBS et al are willing to pay €39 per share, but they want the sale of LaSalle to Bank of America called off. - In further ‘toys out of prams’ news, JPMorgan Chase is threatening to move thousands of employees...
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