The government had better make sure it has in reserve another banker of Stephen Hester’s calibre
Original post:
UK bankers and the matter of the public good
The government had better make sure it has in reserve another banker of Stephen Hester’s calibre
Original post:
UK bankers and the matter of the public good
Even if the pan European regulator is sceptical of an individual bank’s plan, it does not have direct authority to order a change
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EBA set to opt for pragmatism over publicity
Entrepreneur Bruno Wu and Harvest Fund Management set up a private equity fund to exploit studios’ hunger for chinese movie market
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Fund aims to link Hollywood films with China
The independent investment bank swings to a loss after lower M&A activity and the euro’s troubles weigh down revenues
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Lazard hurt by capital markets slowdown
Lenders appear to be becoming less amenable to extending company loans when they hit a sticky patch, which could see a surge in corporate failures
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European companies face uncertain future
Round of restructuring by the government aimed cleaning up balance sheets set to trigger more mergers
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Fresh wave of Spanish bank deals imminent
Lender says unprecedented demand has forced it to withdraw product.

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N&P forced to withdraw 3.99% 10-year fixed
Aifa says large budget increases should be signed off by Treasury.

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Aifa wants cap on regulatory fees and accountability review
Institute for Economic Affairs says rise will hit consumers and should be reversed.

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Think tank calls on FSA to abandon 16% budget hike
US-based SS&C urges GlobeOp’s shareholders not to accept the private equity group’s proposed £508m bid for the software and services company
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TPG bid for GlobeOp under threat from rival