Couple of interesting notes on Lloyds TSB's merger with HBOS, which gained legal clearance from the courts yesterday when the last protests by the Merger Action Group (MAG) were rejected. In City A.M., there was a one page interview with Sir Victor Blank, Chairman of Lloyds TSB and soon to be Chairman of the "Lloyds…
I spotted this story in tonight's newspapers about the exclusive 'posh' builders to the stars, Robin Ellis Construction Services, who went bankrupt today. Yep, it's another of those cheerful credit crunch stories. This firm worked with the likes of David Bowie, Mick Jagger and Vanessa Mae, but their top class clientele of hedge fund managers…
I was amused to read today that two banks are bigging up British Airways by supporting their good intentions. First, Citigroup has created a consortia to buy Gatwick Airport and persuaded former BA CEO, Bob Ayling, to join them. Second, Caja Madrid is a major shareholder in Iberia Airlines who BA want to merge with,…
I was amused to read today that two banks are bigging up British Airways by supporting their good intentions. First, Citigroup has created a consortia to buy Gatwick Airport and persuaded former BA CEO, Bob Ayling, to join them. Second, Caja Madrid is a major shareholder in Iberia Airlines who BA want to merge with,…
I was amused to read today that two banks are bigging up British Airways by supporting their good intentions. First, Citigroup has created a consortia to buy Gatwick Airport and persuaded former BA CEO, Bob Ayling, to join them. Second, Caja Madrid is a major shareholder in Iberia Airlines who BA want to merge with,…
For those of you who have found things confusing of late with the Blog, apologies. We are revamping the Blog to reflect the Financial Services Club, but the homepage is still theFinanser (although we’ve been redirecting the last couple of days to try some new things out). Here’s the official information about the blog for…
For those of you who have found things confusing of late with the Blog, apologies. We are revamping the Blog to reflect the Financial Services Club, but the homepage is still theFinanser (although we’ve been redirecting the last couple of days to try some new things out). Here’s the official information about the blog for…
There were two stories in yesterday’s news that caught my eye. The first has been bubbling for a while, but came to a conclusion yesterday, with HSBC repurchasing their London Head Office Building back from the man they sold it to a year ago. April 2007, the Spanish firm Metrovacesa paid £1.09 billion ($1.6 billion)…
There were two stories in yesterday’s news that caught my eye. The first has been bubbling for a while, but came to a conclusion yesterday, with HSBC repurchasing their London Head Office Building back from the man they sold it to a year ago. April 2007, the Spanish firm Metrovacesa paid £1.09 billion ($1.6 billion)…
