NatWest who cares?
Article Abstract:
National Westminster Bank has seen a drop in its share prices following revelations of problems at NatWest Markets due to the activities of an options trader. Four brokers from a sample of six rate the company's shares a buy and two rate them a sell. The buyers are ABN-AMRO Hoare Govett, Credit Lyonnais Laing, UBS and Panmure Gordon. Dresdner Kleinwort Benson is concerned about the proportion of profit contributed by NatWest Markets, and is a seller, while the other seller, Collins Stewart, is concerned about Lombard's rising debt and the retail bank's information technology upgrading.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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All abroad
Article Abstract:
Foreign banks in Manchester, England have sometimes left when conditions have worsened, and three foreign banks have left in the year to Sep 1998. Overseas outposts are easy to close down when problems arise, and Sanwa Bank and Fuji Bank have both shut down operations in Manchester. Societe Generale is the third bank to have left, and the bank was well established prior in Manchester prior to its departure. There are still 15 foreign banks in the city, including ABN AMRO.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Lloyds after a one-fifth dip
Article Abstract:
Lloyds TSB has seen a three-fold rise in its stock price following the acquisition of TSB in 1995. The company has seen a drop in its stock price in the two months to Jul 1998, with the value down by around a fifth. Two brokers of a sample of six rate the bank's stocks a buy, while the remaining four rate them a hold. The buyers are SG Securities and Dresdner Kleinwort Benson. Williams de Broe, Lehman Brothers, Credit Lyonnais and Fox Pitt Kelton are the holders.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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