UK: ALLIANCE & LEICESTER SEEK NEW CHIEF
Article Abstract:
The chairman of UK bank, Alliance & Leicester, John Windeler, announced 20 January 2000 that the bank is looking for a new chief executive. The bank said it would ideally want someone with a background in e-banking who could develop an Internet banking strategy for the company. The new appointee will replace Peter White, who left the bank last year after a boardroom disagreement.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: MERRILL LYNCH AND HSBC IN MERGER TALKS
Article Abstract:
US investment bank, Merrill Lynch, and UK retail bank, HSBC, are in talks regarding a future merger. The merger would not take place for a further two years, but if it did, would give the mega bank formed a market value of US$ 220bn if it were to take place. HSBC would gain access to Merrill Lynch Mercury and the broking network in the US. However, Merrill has said that it would want to keep a separate identity, which may prove to be an obstacle for the merger.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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Barclays opts for Canadian as new chief
Article Abstract:
New Barclays Bank Chief Executive Matt Barrett will receive a salary, shares and options package amounting to 6.3 million pounds sterling in his first year. He has gained a strong reputation as a banker, and few people have reservations about his aptitude for his new job. However, he has attracted a considerable amount of controversy with regard to his estranged second wife Anne-Marie Sten. He is currently Bank of Montreal Chmn and Chief Executive, having worked for the bank for 37 years.
Comment:
Has hired new Chief Executive, Matt Barrett
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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