03/26/2012
The sweetened £1.5bn offer, due to be tabled tomorrow, will propose Lloyds demerge the 632 "Project Verde" branches, float the business and allow NBNK to fully underwrite the demerger in cash. Lloyds has always said if the deal with Co-op
03/26/2012
Bernheim, Dreyfus, which manages $200 million in assets and which tries to make money by betting on M&A (mergers and acquisitions) deals, said on Friday it would split its activities between BAML and existing broker Newedge.
03/26/2012
Based between London and Paris, Boisson will partner with a senior real estate banker in the US, and will start fundraising in May.
03/26/2012
The bank, which employs about 6,000 people in London, wants to redevelop a 1m sq ft site on Farringdon Street, around the corner from its current main offices, although construction is not imminent. I
03/26/2012
That would mean shareholders in Lloyds – including the taxpayer, which owns 40pc of Lloyds through UK Financial Investments – will be allowed to choose between taking a new share in the Verde spin-off or accepting cash from NBNK.
03/26/2012
The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says.
03/22/2012
The old system of assigning a number of ‘A’s has been replaced with a system of four bands – Platinum, Gold, Silver and Bronze.
03/21/2012
Both banks have been battling in recent years to challenge the supremacy in lucrative commodities by U.S. investment banks Goldman Sachs, JP Morgan and Morgan Stanley , which hold the top three global positions.
03/21/2012
Investors are more optimistic about corporate profits. A net 6 percent of the panel expects corporate profits to improve in the coming year. A month ago, a net 11 percent predicted profits would decline.
03/21/2012
Christopher Moore, Publisher and CEO of EMEA Finance magazine, said, “We are proud to recognize Deutsche Bank’s accomplishments as a leading DR bank with our Best DR Program in EMEA Award for 2011.
03/21/2012
BNP Paribas is planning to launch a fund this year to drum up new liquidity for trade finance, Jacques-Olivier Thomann, the managing director of the bank's Geneva office, said on Tuesday.