April 2009
American International Group plans sale of U.S. auto business, 21st Century Insurance, to Zurich Financial Services
US taxpayer-bailed out insurance giant American International Group Inc. (AIG) is in advanced talks to sell its US personal lines insurance business, 21st Century Insurance, to Zurich Financial Services for about $2bn. Selling the unit, which includes ...
Royal Bank of Scotland shortlists three bidders for Asia business
Royal Bank of Scotland Group PLC (RBS) has a shortlist of three bidders for its Asian retail and commercial banking assets in a sale that could fetch up to $1.8 billion, according to a report on The Wall Street Journal’s Web site. The shortlisted...
Goldman Sachs Group plans stock offering
Wall Street investment bank Goldman Sachs Group Inc. is considering making a multibillion dollar offering of its shares to investors. The company is planning this offering as part of an effort to repay a $10 billion government loan. Though the final si...
September 2008
Robert E. Diamond Jr. plan- Analysis on Barclays PLC and Lehman Brothers deal!
Barclays snaps up Lehman Brothers for $1.75 billion??? They should have waited. But not a bad deal at all for Barclays makes them look good for saving part of Lehman’s, and they avoid the risk exposure. Remember guys these where the same people...
1
(4 marks)
