CREDIT SUISSE December 13, 2010 James Leigh-Pemberton, 54, is managing director and chief executive of Credit Suisse UK, a role he took over in July 2008. He is responsible for developing the bank’s client relationships in private banking, investment banking and asset management in the UK. He also serves as a member of the firm’s Europe Middle East and Africa [...]
CREDIT SUISSE December 13, 2010 James Leigh-Pemberton, 54, is managing director and chief executive of Credit Suisse UK, a role he took over in July 2008. He is responsible for developing the bank’s client relationships in private banking, investment banking and asset management in the UK. He also serves as a member of the firm’s Europe Middle East and Africa [...]
Lloyds to sell off branches as boss signals bonus clawback May 18, 2011 LLOYDS Banking Group is speeding ahead with the forced sale of 600 branches by the end of this year, chairman Sir Win Bischoff has said, despite uncertainty over whether it could be made to sell more by the Independent Commission on Banking (ICB). Bischoff also indicated that the bank could be the first to make [...]
The boss of the UK’s largest broker sees a long road back to recovery March 28, 2011 The chief executive of the UK’s largest independent stockbroker Collins Stewart takes a deep breath and thinks for a moment. After a pause, Mark Brown, who is sitting in his large modern office with floor-to-ceiling views of the City, says: “I think we are about halfway towards getting the firm back to where it should [...]
RBS sells Uzbek business to South Korea December 3, 2010 Royal Bank of Scotland has agreed to sell the majority of its Uzbekistan operation to the Korea Development Bank today. The deal will see the South Korean bank buy 82.35 per cent of RBS NB Uzbekistan CJSC for an undisclosed amount. RBS Uzbekistan had about $365m (£234m) gross assets at 31 December 2009. The sale [...]
RBS sells Uzbek business to South Korea December 3, 2010 Royal Bank of Scotland has agreed to sell the majority of its Uzbekistan operation to the Korea Development Bank today. The deal will see the South Korean bank buy 82.35 per cent of RBS NB Uzbekistan CJSC for an undisclosed amount. RBS Uzbekistan had about $365m (£234m) gross assets at 31 December 2009. The sale [...]
What the other papers say this morning February 13, 2011 FINANCIAL TIMES SIEMENS EYES BIG NETWORK PURCHASES Siemens is looking out for large acquisitions to expand its power networks and plant automation businesses, in a fundamental strategic shift by the German industrial conglomerate. Joe Kaeser, Siemens’ chief financial officer, said Europe’s largest engineering group by sales had reached the “management maturity” to pursue significant takeovers. [...]
Mitsubishi to buy RBS assets for £3.8bn November 15, 2010 Mitsubishi UFJ Financial Group said it would acquire project finance loans and assets from the Royal Bank of Scotland for £3.8bn. Sources told Reuters earlier this month MUFG was in talks to buy the project finance book.
Mitsubishi to buy RBS assets for £3.8bn November 15, 2010 Mitsubishi UFJ Financial Group said it would acquire project finance loans and assets from the Royal Bank of Scotland for £3.8bn. Sources told Reuters earlier this month MUFG was in talks to buy the project finance book.
FTSE closes the week on a high January 21, 2011 ENERGY stocks led the FTSE into a rebound today following the sharp sell-offs seen in the past two days’ sessions. The FTSE 100 closed up 28.34 points, or 0.5 per cent, at 5,896.25, having hit a five-week closing low on Thursday. Royal Bank of Scotland was by far the biggest riser, up 6.5 per cent [...]