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Saturday, November 21, 
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Entries tagged "Lloyds"

Finance Layoffs: Lloyds and Beverly National

The latest announcements are at Lloyds Banking Group, Standard & Poor's, and Beverly National Bank.


Recycling bank executives

Although Sir Win Bischoff sat on Citigroup's board during the run-up to the credit crisis, the fact seems to be of little concern to Lloyds Banking Group.


Hiring: Goldman Sachs, Barclays and more

It looks like large and midsize financial services institutions are hiring again. Here is a roundup of all of the rumors and reports.


Finance Layoffs: Cerberus, BofA, J.P. Morgan and more

More bank layoffs were announced ahead of President Barack Obama's swearing in as the 44th president. Part of Obama's challenge will be "job creation" to jump-start the economy. Here is the latest list of layoff announcements. ...


International Bank Watch: U.K. to the rescue again; RBS nosedives on losses

International stocks were mixed. Japan's Nikkei 225 Average sunk 191.05 points to 8065.79 while the FTSEurofirst 300 index gained 6 points to 4114.47.  Most bank stocks were down as Britain announced a second bailout of banks....


International Bank Watch: European bank shares slide

Stocks fell Thursday. The FTSEurofirst 300 index fell 59.53 points to 4,121.11 while the  Nikkei 225 fell 415.14 points to 8,023.31. Most financial stocks ended the day in the negative. ...


International Bank Watch: Financials mixed after rate cut

International markets were down, and financial stocks were mixed. Japan's Nikkei 225 Average was down 362.82 points at 8876.42, and the FTSEurofirst 300 index fell 2.14 points to 4505.37. Financial stocks were mixed after the Bank of England slashed interest rates to 1.5%....


International Bank Watch: Short sellers target Lloyds as ban lifts

International stocks are up Tuesday. Japan's Nikkei 225 Average closed up 37.71 at 9080.84, and the FTSEurofirst 300 index increased 59.28 points to 4638.92. Financial stocks were mixed, mostly because U.K. financial companies no longer have protection from short-selling.  ...


International Bank Watch: HSBC sinks, and BNP Paribas to cut 800 jobs

International markets were mixed. The Nikkei 225 Average was up 44.50 points at 8612.52 while the FTSEurofirst 300 index fell 23.13 points to 4285.95. Bank stocks were mostly in the red with HSBC Holdings plc and Standard Chartered plc shares slammed....


International Bank Watch: Madoff exposure rumors spur losses

International markets were mixed Monday. European stocks slumped as financial institutions reported losses from Bernard Madoff's alleged $50 billion Ponzi scheme. The pan-European FTSEurofirst 300 index was down 2.79 at 4277.56. In Asia, stocks rose on hopes for a U.S. auto bailout. The Nikkei 225 Average finished up 428.79 at 8664.66. Most financial institution stocks were down....


International Bank Watch: 40,000 jobs could be lost in Lloyds-HBOS takeover

Global markets were up even though the U.S. automaker bailout bill faces a tough test in the Senate. Japan's Nikkei 225 Average closed up 60.30 at 8720.55, and The FTSEurofirst 300 was up 1.01 at 4411.23. Financial stocks were mixed. ...


International Bank Watch: Barclays and HSBC sink

Yes, the stock market gloom is global. Asian markets sunk as the Nikkei lost almost 7% while the FTSEurofirst 300 index was down 5.5% at 767.62 points. Banks stocks were mixed....



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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