Repo 105, the FSA and Barclays

Filed Under (Finance News - Crawled Results) by User RSS submission on 15-03-2010

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In the course of preparing his 2,200-word report on the collapse of Lehman Brothers, Anton Valukas interviewed more than 250 individuals.

But there was only person the court-appointed…



JP Morgan put Lehman deal at risk

Filed Under (Finance News - Crawled Results) by User RSS submission on 13-03-2010

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JP Morgan Chase’s aggressive actions could have put a stop to Barclays’
purchase of the remains of Lehman Brothers’ US brokerage business just days
after the collapse of the investment bank.



JP Morgan and Citigroup contributed to Lehman’s collapse, says US examiner

Filed Under (Finance News - Crawled Results) by User RSS submission on 11-03-2010

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JP Morgan Chase and Citigroup helped cause the illiquidity that led to the
collapse of Lehman Brothers, says report by bank’s examiner.



Barclays’ shareholders warn bank against deal for a US retail bank

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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Barclays shareholders warned the bank against buying a retail bank in the US,
which has been a graveyard in the past for British lenders.



Who’s stalking Tullett?

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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The M&A log jam is begining to break, reports FT Alphaville. Tullett Prebon says it’s in preliminary discussions for a potential offer. Over the past couple of weeks…



Who’s stalking Tullett?

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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The M&A log jam is begining to break.

From the RNS on Wednesday morning:

The board of Tullett Prebon notes recent press speculation regarding the Company and confirms that…



The FSA says now is not time for (bank) bondage

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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Here’s something we missed on Monday: the FSA’s liquidity bondage for banks is no longer — or at least, it’s not for a while.

As the UK financial regulator announced…



Barclays eyes US bank deal

Filed Under (Finance News - Crawled Results) by User RSS submission on 10-03-2010

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Barclays is considering buying a large US retail bank in a push to expand beyond its successful investment banking franchise. Antony Jenkins, the new head of Barclays’ retail banking activities,…



Riddle me this: what US retail bank is Barclays eyeing?

Filed Under (Finance News - Crawled Results) by User RSS submission on 09-03-2010

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Bit of a (speculative) scoop from the Wall Street Journal, suggesting that Barclays “is on the prowl for another major acquisition in the US”.

More from the WSJ story,…



Deconstructing the ‘buy’ case on UK banks

Filed Under (Finance News - Crawled Results) by User RSS submission on 09-03-2010

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If there is one thing UK banks agree on at the moment it is this: impairment charges have peaked. Barclays, Lloyds Banking Group, HSBC and RBS all said as much in their respective results statements….