Hints and tips:
...Now, everyone from JPMorgan Chase to Goldman will be watching how Bettinger handles a combined 24m client accounts holding some $5tn in assets....
...Chaucer’s Wife of Bath, from the Canterbury Tales, is gap-toothed (or “gat-tothed” in the language of the time)....
...Buttwipes have been followed by hair pomade, shaving creams, skin moisturiser and soap. It is bold of Unilever to think it can accommodate DSC’s unusual culture....
...You sell a licence to other people to make Noddy bath soaps and slippers for a set period, and just like when a lease ends, you get the property back....
...Goldman owns Metro under the “merchant banking” clause of the bank holding company act, which allows banks to own commercial businesses for a holding period of 10 years....
...(Financial Times) Private equity keeps $789bn of powder dry: Private equity groups are holding more cash for acquisitions than they had at the height of the leveraged buyout boom, in spite of a fall in...
...Overall, societies “have been holding up in difficult market conditions” over the past year with two-thirds reporting increased annual profits, according to the database....
...The Liverpool saga has resembled a badly-written soap opera for the whole of its erratic season on the pitch....
...“Japan seems to have been an absolute blood-bath, along with quant,” said the head of one large London fund....
...She is known for her devotion to South Korea’s dreamy soap stars, her weakness for a tipple, and her habit of holding her husband’s hand on state occasions; the Japanese equivalent of George giving Laura...
...Wachovia and Friedman, Billings, Ramsey & Co raised their recommendations on the company’s shares to “market perform’’ from “underperform”....
...Televisa already owns an 11.4 per cent stake in Univision, and could use the proceeds from a sale of that holding to finance its move into the US....
...Peter Solomon, chairman of Peter J Solomon Co, a New York investment bank specialising in retail, said: “This was very smart of Apollo; they bought an option.”...
...Now that the exit is in sight, the bank has changed sides, advising Sabre Holdings on its bid for Lastminute. Its old client is advised by Merrill Lynch and UBS....
...Henkel's biggest move in the US so far was the $2.9bn acquisition late last year of Dial, the maker of Dial soap and Purex detergents....
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