Kroenke one step closer to Arsenal goal September 30, 2009 US SPORTS tycoon Stan Kroenke yesterday inched closer to his dream of taking over Arsenal Football Club, after its board confirmed that he had upped his stake to 28.7 per cent. The owner of the Denver Nuggets basketball team bought a further 80 shares in the Premiership club for £680,000, nudging him closer to the [...]
SEASONAL THOUGHTS FROM THE CITY GIRL November 30, 2009 As 2009 comes to a close, City folk are craving a bit of fun. After being forced to keep their heads down all year amid the misery, bailouts and chaos, most bankers I know are desperate to let their hair down, get drunk and embarrass themselves. One of the things I miss most about the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 9, 2009 FINANCIAL TIMES Banks face hike in funding costsBanks around the world face increases in funding costs that could cut profits and hit their customers as they look to refinance $7,000bn-plus in short-term debt expiring in the next three years with longer-dated bonds, according to research released today. Institutions seeking to reduce their reliance on short-term [...]
Johnson to be sidelined for eight weeks August 20, 2009 STRIKER Andy Johnson set Fulham on their way to a comfortable win before having his evening ended by a dislocated shoulder. Johnson struck after just three minutes against the Russians but was taken off after being floored by a blatant body-check in the second half. He faces eight weeks out. Further goals from American midfielder [...]
Johnson to be sidelined for eight weeks August 20, 2009 STRIKER Andy Johnson set Fulham on their way to a comfortable win before having his evening ended by a dislocated shoulder. Johnson struck after just three minutes against the Russians but was taken off after being floored by a blatant body-check in the second half. He faces eight weeks out. Further goals from American midfielder [...]
Brown seeks to safeguard Vauxhall jobs September 13, 2009 PRIME Minister Gordon Brown is set to lead talks at Ellesmere Port car plant this week, as part of a government push to safeguard thousands of jobs at Vauxhall’s UK plants. The move comes after US parent General Motors (GM) sold off a 55 per cent stake in its European arm to Canadian car parts [...]
Brown seeks to safeguard Vauxhall jobs September 13, 2009 PRIME Minister Gordon Brown is set to lead talks at Ellesmere Port car plant this week, as part of a government push to safeguard thousands of jobs at Vauxhall’s UK plants. The move comes after US parent General Motors (GM) sold off a 55 per cent stake in its European arm to Canadian car parts [...]
Bank of New York Mellon settles $22.5bn Russia case September 16, 2009 RUSSIA expects to get costs of at least $14m (£8.5m) in an out-of-court settlement of a $22.5bn lawsuit against Bank of New York Mellon, finance minister Alexei Kudrin said yesterday. The deal should bring to an end Russia’s more than two-year quest for compensation from the bank over alleged laundering of $7bn from Russia in [...]
Bank of New York Mellon settles $22.5bn Russia case September 16, 2009 RUSSIA expects to get costs of at least $14m (£8.5m) in an out-of-court settlement of a $22.5bn lawsuit against Bank of New York Mellon, finance minister Alexei Kudrin said yesterday. The deal should bring to an end Russia’s more than two-year quest for compensation from the bank over alleged laundering of $7bn from Russia in [...]
Blues chief exec Kenyon to leave role next month September 16, 2009 CHELSEA chief executive Peter Kenyon will leave his full-time role at the end of October, after six years at the forefront of the most successful spell in the club’s history. The Blues said yesterday that Kenyon, 55, would retain a role as non-executive director and continue to represent the Premier League leaders on European committees. [...]