Goldman platform hurdle (The Wall Street Journal Europe, 17 Sep 2007, Page 31)
Goldman platform hurdleBy Luke Jeffs
The Wall Street Journal Europe
17 Sep 2007
THREE MONTHS AFTER Goldman Sachs Group Inc. launched its first European multibroker algorithmic trading offering, the bank is struggling to persuade its largest rivals to use its RediPlus service. At issue is the question of independence and whether...
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For Northern Rock, the options grow stark (The Wall Street Journal Europe, 17 Sep 2007, Page 3)
For Northern Rock, the options grow starkBy Carrick Mollenkamp And Jason Singer —Joellen Perry contributed to this article
The Wall Street Journal Europe
17 Sep 2007
After a weekend of worried customers crowding branches to withdraw their deposits, U.K. bank Northern Rock PLC faces tough decisions on how to salvage its business. With U.K. television broadcasting scenes of lines at bank branches and screaming...
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Central banks keeping markets f lush with cashBy and in Frankfurt and in London
The Wall Street Journal Europe
22 Aug 2007
Amid persistent fears of a global credit crisis, central banks world-wide continued pumping cash into money markets. As expected, the European Central Bank gave cash-hungry institutions extra funds in its regular weekly refinancing operation...
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Barclays turns to ChinaBy Jason Dean in Beijing and Carrick Mollenkamp and Jason Singer in London
The Wall Street Journal Europe
24 Jul 2007
In reaching out to China to raise money, Barclays PLC is demonstrating an important shift in the flow of global capital. China Development Bank, a Chinese-government controlled lender, plans to invest as much as OE9.8 billion, or $13.6 billion, for a...
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RBS readies new ABN offerBy Jason Singer And Carrick Mollenkamp
The Wall Street Journal Europe
16 Jul 2007
ATRIO OF BANKS led by Royal Bank of Scotland Group PLC plans to present a new, almost-all-cash bid for Dutch bank ABN Amro Holding NV as early as today and has asked ABN’s management and supervisory boards to recommend its offer, according to people...
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Banking on commoditiesBy Rebecca Smith And Carrick Mollenkamp
The Wall Street Journal Europe
10 Jul 2007
SEMPRA ENERGY’S plan to form a joint venture for commodities trading with Royal Bank of Scotland Group PLC is the latest example of banks playing a larger role in markets previously dominated by energy companies. The joint venture is an attempt to...
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ABN Amro aims to buy stake in Chinese lenderBy Rick Carew —Rose Yu contributed to this article.
The Wall Street Journal Europe
02 Jul 2007
SHANGHAI—Dutch bank ABN Amro Holding NV hopes to take a strategic stake in Chinese regional lender Huishang Bank Co. and rapidly expand its own China network, ABN Amro Asia’s chief executive said Saturday. “We would be interested in starting a...
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Chinese banks expand overseasBy Carolyn Cui —Damien Paletta contributed to this article.
The Wall Street Journal Europe
18 Jun 2007
NEW YORK—Chinese banks are stepping up their presence in the U.S., part of a broader move by China to integrate its financial system with the rest of the world. In April, Industrial & Commercial Bank of China, the country’s largest commercial bank by...
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China’s new wealth lures private bankersBy Jason Leow —Zhou Yang and Shai Oster contributed to this article.
The Wall Street Journal Europe
05 Jun 2007
BEIJING—China’s growing legions of newly rich have spurred a niche that once would have been unthinkable in this Communist nation— private banking. Citigroup Inc.’s Citibank (China) Co. and Bank of China Ltd. have launched separate programs in what is...
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The Profumo affair
The Business
26 May 2007
he board of ABN Amro must have been kicking their clogs in frustration as they watched Italy’s UniCredit announce and agree a takeover of Capitalia, a smaller domestic rival, for nearly €22bn (£15bn, $29.6bn) in just two weeks. To the great surprise of...
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