All GLG News Analyses Filed Under: Commercial & Retail Banking
Posted April 27, 2007First Citizens 1Q2007 Earnings: Sliding on an Inverted Slope
Analysis of: First Citizens Reports Earnings for First Quarter 2007 | biz.yahoo.com
Author: Bill Bradway, Founder & Managing Director Bradway Research, LLC
First Citizens BancShares Inc. issued its first quarter earnings release, reporting a 1% increase in quarterly earnings and EPS over 1Q2006. Non interest income was up, net charge offs were down, and taxes were down to compensate for lower net interest income and higher non interest expenses. Return...
Posted April 23, 2007B of A Makes a Move for ABN AMRO's LaSalle Bank
Analysis of: Bank of America Can't Resist LaSalle's Allure | online.wsj.com
Author: Bill Bradway, Founder & Managing Director Bradway Research, LLC
Bank of America and ABN AMRO have agreed on an all-cash deal for LaSalle Bank, a division of ABN AMRO Holding NV. The deal's net cost to B of A will be $16 billion. This deal will catapult B of A from a distant #10 into the #1 market position in Chicagoland, which is the #3 US market. B of A also picks...
Posted April 23, 2007
Bank Of America + LaSalle = $21 Billion Acquisition & More Market Share
Analysis of: BofA agrees to acquire LaSalle Bank | www.oregonlive.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Bank Of America + LaSalle = $21 Billion Acquisition & More Market Share
Analysis of: BofA agrees to acquire LaSalle Bank | www.oregonlive.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:Bank of America adds a new twist to the Barclays & ABN Amro pending acquisition by agreeing to purchase ABN Amro's Chicago's LaSalle Bank for $21 billion, which will expand the bank's presence and market share in Chicago, Michigan and Indiana. Bank of America met with...
Posted April 16, 2007
A Tale of two Princes and a Citi
Analysis of: London waits as Citigroup axes 17,000 jobs | www.telegraph.co.uk
Author: Harnath Sithamraju, Consultant Harnath Sithamraju
A Tale of two Princes and a Citi
Analysis of: London waits as Citigroup axes 17,000 jobs | www.telegraph.co.uk
Author: Harnath Sithamraju, Consultant Harnath Sithamraju
Innovative methods needed for a long term solution
Job reductions a publicity stunt and a knee jerk reaction rather than a method.
Posted April 16, 2007
London May Fall As Citigroup Cuts 17,000 Jobs to Cut Costs & Restructure Operations
Analysis of: London waits as Citigroup axes 17,000 jobs | www.telegraph.co.uk
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
London May Fall As Citigroup Cuts 17,000 Jobs to Cut Costs & Restructure Operations
Analysis of: London waits as Citigroup axes 17,000 jobs | www.telegraph.co.uk
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:57% of Citigroup's job cuts will occur in their international offices and 43% of cuts will occur domestically. Citigroup's middle management and back office employees will be affected the most by the job cuts and about 2/3rds of the jobs will be eliminated through attrition, as...
Posted April 16, 2007
Barclays Bank to launch commercial banking
Analysis of: Barclays Bank to launch commercial banking | www.hindu.com
Author: GLG Member Program Contributor
Analysis of: Barclays Bank to launch commercial banking | www.hindu.com
Author: GLG Member Program Contributor
Barclays is planning to invest $100 million in operations this year in India to set the stage for its retail and commercial banking foray into India
Posted April 16, 2007ABN AMRO - Barclays Deal Has Company: Is Three a Crowd or a Winner?
Analysis of: Barclays' proposed takeover hit by US 'investigation' into ABN | news.independent.co.uk
Author: Bill Bradway, Founder & Managing Director Bradway Research, LLC
This article refers to a potential investigation by the US Dept. of Justice into ABN AMRO's US subsidiary, LaSalle Bank. Previously, ABN AMRO settled an anti-money laundering probe in 2005 and paid a fine of US$80 million. Meanwhile the clock of exclusivity for Barclays (NYS:BCS) negotiations to submit...
Posted April 11, 2007
ABN-Barclays $80 Billion Deal May Be In Jeopardy With A DOJ Probe & Counterbid
Analysis of: Barclays' proposed takeover hit by US 'investigation' into ABN | news.independent.co.uk
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
ABN-Barclays $80 Billion Deal May Be In Jeopardy With A DOJ Probe & Counterbid
Analysis of: Barclays' proposed takeover hit by US 'investigation' into ABN | news.independent.co.uk
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:With a 30-day exclusivity deal between Barclays Plc and ABN Amro, the deadline is fast approaching on April 18, 2007, and a DOJ (Department of Justice) investigation and a possible counterbid(s) in the works, the $80 billion ABN-Barclays deal may be in jeopardy of falling apart. ...
Posted March 28, 2007EU Eliminating Obstacles to Cross Border Banking
Analysis of: EU Takes Steps to Ease Cross-Border Banking | online.wsj.com
Author: Bill Bradway, Founder & Managing Director Bradway Research, LLC
EU finance ministers proposed two sweeping changes to break down national barriers that inhibit cross border banking. Cross border bank takeovers will now have a common legal framework and limited time periods for reviewing mergers and reducing the number of reasons for blocking a proposed deal. On...
Posted March 26, 2007Be Careful What You Wish For: Barclays + ABN AMRO?
Analysis of: Barclays Confirms Talks to Buy Big Dutch Rival | www.nytimes.com
Author: Bill Bradway, Founder & Managing Director Bradway Research, LLC
Barclays is engaged in exclusive talks with ABN AMRO that could yield the largest ever financial institutions M & A deal. A combination would make the combined firm a bigger global player both geographically and by product line coverage. The burr under ABN AMRO's saddle to sell out is shareholder...
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Source Article | Expert Analyses
Lenders reject multiple credit applications
www.guardian.co.uk
Sovereign Wealth Fund Assets Could Triple by 2013
www.bloomberg.com
Japan Insurers Look Abroad as Profits, Premiums Drop
www.bloomberg.com
Bank Debt Risk Rises as Writedowns, Losses Exceed $500 Billion
www.bloomberg.com
Mortgage lending falls 32% as prices slump
business.timesonline.co.uk
Long term implications of the credit crisis
August 26, 2008
Mortgages - How do we solve the financing issues?
August 25, 2008
Credit, Credit...Who Has Credit?
August 25, 2008
SWF are no fools
August 18, 2008
As long term investors, Sovereign Wealth Funds may have the last laugh
August 25, 2008

