Linklaters has advised BNP Paribas, Citibank, Societe Generale and UniCredit as mandated lead arrangers and bookrunners on the £2.85bn financing for the recommended cash offer by strategic investor EP Corporate Group, a.s. for International Distributions Services plc (IDS), valuing IDS’s share capital at c.£3.5bn and implying an enterprise value of …
Read More »UK banks under fire for debanking hundreds of defence firms
The wrongful closure of hundreds of bank accounts belonging to defence companies puts national security at risk, claim Conservative MPs. ADVERTISEMENT Politicians in the UK are concerned about the effects of ‘debanking’ on the country’s security and economic prosperity. UK lenders Santander and Lloyds closed 300 accounts belonging to “public …
Read More »Liz Truss admits mistakes on controversial tax cuts plan, but doubles down on it anyway
London CNN — British Prime Minister Liz Truss admitted mistakes had been made with her government’s controversial “mini-budget” announced last week – which sent the pound to historic lows and sparked market chaos – but stood by her policies. Speaking to the BBC’s Laura Kuenssberg on Sunday morning Truss said: …
Read More »Award Winning Business Eductaion Program
(YorkPedia Editorial):- Perth, Western Australia Mar 28, 2021 (Issuewire.com) – MBA architect Allan Price B. Arch., ARIBA UK Ret., MBA, and appraised E-learning developer David Barras-Baker have redesigned their award-winning 32-module learning program “Creating Value”! The E-learning differentiator of the redesigned product is the simplification of complex concepts. “Creating Value” covers …
Read More »Stock Futures Edge Down Ahead of Powell’s Comments
U.S. stock futures edged lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the S&P 500 ticked down 0.1%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last …
Read More »Banking regulator says pandemic uncertainty means now is not the time to consider higher dividends, share buybacks
Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …
Read More »WSJ Wealth Adviser Briefing: Stocks Get Vaccine Boost, Threats Facing Car Sales , New Year Travel Changes
Mercer Global Advisors, a large nationwide RIA that has grown via dozens of acquisitions, announced another deal: the purchase of Kays Financial Advisory, an Atlanta-based wealth management firm. Founded in 1985 by Scott Kays, the 17-person firm serves about 700 clients. A Form ADV filed in early December lists Kays’ …
Read More »Caught between PayPal, eBay and Royal Mail over the return of a faulty phone | Money
An expensive phone that I bought on eBay, and returned because it was faulty, has been lost in transit and, although everyone agrees I should get my money back, eBay, PayPal and Royal Mail are all refusing to take responsibility. I bought the LGG8s ThinQ mobile phone for £345.99. The …
Read More »Reality cheque: Nationwide sent my child’s Isa funds by snail mail | Money
In late June I completed the paperwork to transfer my child’s Isa from Nationwide to NS&I. NS&I acknowledged the application, but, a month later, there was still no sign of the new account. Nationwide told me it had sent the funds by cheque on 14 July and claimed NS&I does …
Read More »Tide appoints Sir Donald Brydon as non-executive chairman
Tide, the UK’s leading business banking platform has today1 announced the appointment of Sir Donald Brydon as its new independent Non-Executive Chair. Sir Donald Brydon is Tide’s first independent chair. He brings significant Board experience, including the Chairmanships of leading listed companies such as the Sage Group, the …
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