Hints and tips:
...“This transaction is a clear positive for HSBC,” said Jefferies analyst Joseph Dickerson. “The company will recycle the related gains back to shareholders....
...Barclays’ recently installed chief executive C.S....
...But Ms Dickerson believes that Ms Bower’s calculations were a little more sophisticated....
...And here’s Joseph Dickerson of Jefferies to say it’s all a bit of a miscalculation: [T]he moves save 50bps on average of CET capital....
...In the past, Aviva has supported his attempts to shake-up UK financial groups such as F&C Asset Management and Electra, the private equity group....
...This would free up capital that could be handed back to shareholders, according to Mr Bramson, who has made his name in the UK by agitating for changes in strategy at financial groups including F&C Asset...
...“He wants to change things, but that depends on whether he is able to get other shareholders aligned to his strategy,” says Mr Dickerson....
...We have therefore cut NIM forecasts for UK domestic banks by c.10-15bps, reflecting the c.40bps reduction in base rates that we expect to impact asset pricing....
...This implies a reduction of GBP11-12bn in ‘non-core’ assets in 3Q10, bringing the running total to c.GBP95bn towards the end-2014 target of GBP200bn There you have it — the Lloyds IMS decoded....
...Leuven, Belgium Brad DeLong,Professor of Economics, U.C....
...Bush’s first term, and he will do the same for Time, taking the spot left by John Dickerson, who moved to Slate....
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