British bank, Lloyds, are planning to sell hugely discounted shares at almost 60 per cent less than their closing price on Monday night. The bank is hoping people will snap up the deal, raising much-needed funds. Lloyds is the UK’s largest retail bank and this sale of shar...
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Nov. 24 (Bloomberg) — Jason Tyler, senior vice president of portfolio management at Ariel Investments LLC, talks with Bloomberg’s Peter Cook about Federal Deposit Insurance Corp. Chairman Sheila Bair's remarks on the state of the banking industry and the outlook for more bank failures. (Th...
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Nov. 24 (Bloomberg) — Christopher Whalen, managing director of Institutional Risk Analytics, talks with Bloomberg’s Deirdre Bolton and Erik Schatzker about the outlook for the U.S. banking industry. Whalen also discusses the risk of more bank failures and funding of the Federal Deposit Ins...
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Nov. 20 (Bloomberg) — Billionaire Richard Branson, chairman of Virgin Group Ltd., talks with Bloomberg’s Matt Miller about the UK banking industry and Virgin's plans to create a new bank. Branson, speaking yesterday in New York, also discusses the state of the global economy. (Source: Bloo...
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Nov. 24 (Bloomberg) — Gary Townsend, president and chief executive officer of Hill-Townsend LLC, talks with Bloomberg’s Betty Liu about the outlook for the U.S. banking industry. Townsend, speaking from Washington, also discusses the prospects for more bank failures and the outlook for the...
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Nov. 17 (Bloomberg) — Robert Pozen, chairman of MFS Investment Management, talks with Bloomberg’s Pimm Fox about the US banking industry. Pozen also discusses the outlook for toxic assets. (Source: Bloomberg) ... Pozen Says More Discipline Needed in Banking Oversight: Video Audio Visual Bl...
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Nov. 19 (Bloomberg) — Ben McLannahan of the Financial Times' Lex commentary team talks with Bloomberg’s Erik Schatzker about China Minsheng Banking Corp.'s initial public offering. (Source: Bloomberg) ... FT's Lex Columnist McLannahan on China Minsheng's IPO: Video Audio Visual Banking Bloo...
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Belgian bank Dexia could be merged with French bank, Societe Generale. An internet news site is reporting that the French government is looking at a tie-up between the two banks. Dexia is a big lender to local authorities, and the French government already owns a fiv5.7 p...
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