Scots want first bite of Barclays cherry

Article Abstract:

The Royal Bank of Scotland has indicated that it wishes to be given first consideration as a candidate to merge with Barclays Bank if a merger deal is genuinely likely to take place. It is even possible that Scottish Widows would join a three-way merger. Such a development would allow Barclays to overcome the problems arising from its lack of a chief executive. All the English clearing banks would also be interested in merging with Barclays, but most observers feel that the competition authorities would not accept any further concentration in the banking market.

Comment:

Has been considering merger with Barclays Bank

Royal Bank of Scotland PLC, Barclays Bank PLC (Abu Dhabi)

---

The Wall Street banks are playing poker and a merger is on the cards

Article Abstract:

There have been mixed reports about the likelihood of a merger between investment banks Merrill Lynch and Chase Manhattan. It is widely known that Chase Manhattan is seeking a merger deal, and it is rumoured that Merrill Lynch must now take action to revive its fortunes following the damage caused by the bail-out of hedge fund Long-Term Capital Management in autumn 1998. Chase Manhattan has made it clear that there is no point seeking a merger with a second-tier investment bank.

Comment:

Has reportedly been talking with Merrill Lynch about merger

Securities Dealers, Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Planning, Investment banks, Securities industry, MER, Merrill Lynch & Company Inc., Chase Manhattan Bank N.A. (New York, New York)

---

NORWAY: CHRISTIANIA BID BY BANK OF SCOTLAND?

Article Abstract:

Norwegian bank Christiania is currently looking for a buyer and there is speculation that the Bank of Scotland could make a bid for it. Other banks thought to be interested include Dutch banking giant ING and Swedish bank Svenska Handelsbanken.

Sweden, Norway, Brief Article, Bank of Scotland, Christiania Bank Og Kreditkasse, ING Bank N.V., Svenska Handelsbanken AB

Similar abstracts:

• Abstracts: 'It wasn't right but it had to be done. There was a war going on.'. Much can go wrong, but more looks right
• Abstracts: Taliban's 'dervishes of death' fight back with guns, rockets and suicidal ambushes. Confusion in race to Taliban's final bastion in north
• Abstracts: Who wants a society where we all drive smart cars but our schools are hopeless? This is not just about cheap jeans, but the weird values of our society
• Abstracts: Hello boys. What are you fighting about? Saatchi, pure and simple. Is the Express's wonderboy in trouble?
• Abstracts: UK: EGG'S NEW ADVERTISING CAMPAIGN. Threats banks face from the 'natural stress test.'. UK: STAKEHOLDER PENSIONS FROM EGG

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.