- and found an interesting article saying that bank mergers this year could result in the stockmarkets in the US and UK soaring... because mergers will now make more economic sense and, whereas in the past Governments have stopped this for monopoly reasons, the Governments might prefer mergers to foreign takeovers or economic malaise. Full Version: Banks Mergers - Stockmarket Rise?
I was just googling - heck, what else does a single guy do on Saturday night apart from the odd google? - and found an interesting article saying that bank mergers this year could result in the stockmarkets in the US and UK soaring... because mergers will now make more economic sense and, whereas in the past Governments have stopped this for monopoly reasons, the Governments might prefer mergers to foreign takeovers or economic malaise.
- and found an interesting article saying that bank mergers this year could result in the stockmarkets in the US and UK soaring... because mergers will now make more economic sense and, whereas in the past Governments have stopped this for monopoly reasons, the Governments might prefer mergers to foreign takeovers or economic malaise.
Seem like Central banks & Soveign Wealth Funds and pumping billions of dollars into the banking sector to restore the confidence
Lloyds are apparently looking into takeover targets - A&L and B&B.
http://www.telegraph.co.uk/money/main.jhtm...cnlloyds124.xml
Last Updated: 1:16am GMT 26/02/2008
Lloyds TSB is to weigh up potential takeover approaches to Alliance & Leicester and Bradford & Bingley as it scents opportunities to snap up rivals hit by the credit crunch.
Lloyds TSB has focused largely on domestic and organic growth in recent years, leading some analysts to criticise it for being too cautious
Britain's fourth-largest bank, which announced strong full-year profits of £3.9bn on Friday, is in the early stages of assessing the merits of approaches for either of its smaller competitors.
People close to Lloyds TSB cautioned last night that it was "early days" and that the bank's board had yet to formally discuss an approach for one of its rivals. The board has also not yet reached the stage of appointing external advisers to assist it in its deliberations.
http://www.telegraph.co.uk/money/main.jhtm...cnlloyds124.xml
Last Updated: 1:16am GMT 26/02/2008
Lloyds TSB is to weigh up potential takeover approaches to Alliance & Leicester and Bradford & Bingley as it scents opportunities to snap up rivals hit by the credit crunch.
Lloyds TSB has focused largely on domestic and organic growth in recent years, leading some analysts to criticise it for being too cautious
Britain's fourth-largest bank, which announced strong full-year profits of £3.9bn on Friday, is in the early stages of assessing the merits of approaches for either of its smaller competitors.
People close to Lloyds TSB cautioned last night that it was "early days" and that the bank's board had yet to formally discuss an approach for one of its rivals. The board has also not yet reached the stage of appointing external advisers to assist it in its deliberations.
If I look into the booked assets of big banks before they merge, and their combined assets after, I usually find a large negative discrepancy. I think a lot of merging is done to write-off bad assets, some to mask the total insolvency of the smaller bank. Banks and insurance companies used to grease the wheels of industry, now they have become the industry?
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