...Glen Moreno, chairman of Pearson, the owner of the FT; Ron Sandler, chairman of Northern Rock and Pearl Group; and Sir Crispin Davis, former chairman of Reed Elsevier. Up to three others have recently gone further in the process but have not been offered the...

...chairman of Pearson, the owner of the Financial Times; Ron Sandler, chairman of Northern Rock and Pearl Group; and Sir Crispin Davis, former chairman of Reed Elsevier. Up to three others have gone further in the process recently but have not been offered the...

...contracts remains assured, lawyers and analysts have said, Paul J Davis writes.Lehman was counterparty to hundreds of billions...then it is pretty clear that it can be closed out," said Paul Cluley, a partner in Allen & Overy's capital markets practice...

The UK's biggest banks are preparing to swap £80bn-£90bn of mortgage-backed assets for Treasury bills with the Bank of

The UK's biggest banks are preparing to swap £80bn-£90bn of mortgage-backed assets for Treasury bills with the Bank of

Collateralised debt obligations pool together bonds, loans or other kinds of debt instruments and sell notes that represent

...contracts remains assured, lawyers and analysts have said, Paul J Davis writes. Lehman was counterparty to hundreds of billions...then it is pretty clear that it can be closed out," said Paul Cluley, a partner in Allen & Overy's capital markets practice...

Supporters of the increased use of positive credit scoring by lenders were disappointed that an amendment designed to

When Barclaycard said yesterday it would lift interest rates for its credit card holders by up to 2 percentage points, it

...knowledge and experience of Asian markets will be of great value." Prudential has a larger presence in Asia than any of its European competitors, enjoying faster growth there than in its two other main markets, the US and UK. Paul J Davis