AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Banks at the bottom?

Europe Intelligence Wire

| August 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Business and Finance)

Have bank shares bottomed at last? Only the brave would say so, but hope is dawning. When Royal Bank of Scotland dived to 149p, the skies seemed to be caving in, taking its market value down to Stg 24bn - after a Stg 12bn rights issue and last year's Stg 50bn ABN AMRO acquisition. RBS has since bounced above the Stg 2 rights price, taking its valuation back to Stg 34bn.

Is there enough good news to justify this? Arguably: smaller lenders are being tidied up, cutting the risk of another Northern Rock.

Alliance & Leicester, an old flame of the Bank of Ireland, will be sold to Spain's

Santander, barring a counterbid. Bradford & Bingley may be bought once its rights saga ends. Buy-to-let ...

Related articles from newspapers, magazines, journals, and more
STG, Inc. Joins North America's Elite, Certified Under the ISO 9001:2000...
Press release article from: Business Wire November 15, 2002 700+ words
...BUSINESS WIRE)--Nov. 15, 2002 STG, Inc. achieved its ISO 9001:2000 certification...systems (QMS) business unit, affirming that STG Federal adheres to the internationally recognized quality standard. STG Federal joins North America's elite...
STG Security, Inc. and Sentry Telecom Systems Inc. Sign Exclusive Reseller...
Press release article from: Business Wire May 22, 2002 700+ words
...Systems Inc. ("Sentry") (OTCBB:CDHI) and STG Security, Inc. Korea, ("STG") announced today that they have entered into an...network security products. The agreement grants STG the exclusive rights to Sentry's "Phonewall...
STG highlights core abilities to acquire Army contracts.(Vertical Insight:...
Magazine article from: B to B May 7, 2007 700+ words
Byline: ROGER SLAVENS STG Inc. is a systems integrator that provides...At the time of the request for proposal, STG had a number of obstacles they had to overcome...Boscobel focused on PR efforts to get STG's story out to its targeted markets...
STG Appoints Peter E. Janke to Head Corporate Business Development.
Press release article from: Business Wire December 13, 2002 700+ words
...BUSINESS WIRE)--Dec. 13, 2002 STG, Inc. announced today that it has appointed...Janke brings proven leadership abilities to STG. The company announced that it is consolidating...Defense and Civilian agencies. Before joining STG, Mr. Janke was President of The Seneca...
STG Awarded a $53M Program to Provide IT Support Services to Army Test and...
Press release article from: Business Wire August 21, 2002 700+ words
...BUSINESS WIRE)--Aug. 21, 2002 STG, Inc. announced today a contract award...knowledge management goals and objectives. STG's mission is simple: to provide successful...said Tony Tolin, Senior Vice President of STG's Engineering Services and Solutions Division...
STG Receives $190 Million U.S. Army Contract.
Press release article from: Business Wire July 10, 2007 700+ words
Army Taps STG to Provide Information Technology Services Support RESTON, Va. -- STG, Inc. announced today that it has been awarded...Technology Command/9th Signal Command (Army). STG will deliver enterprise-level command, control...
STG ends record 2006 with major orders, promises new innovations for 2007.
Press release article from: M2 Presswire January 23, 2007 700+ words
M2 PRESSWIRE-23 January 2007-STG Aerospace: STG ends record 2006 with major orders, promises new innovations for 2007(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:22012007 STG Aerospace rounded off a hugely successful 2006 with major orders...
STG and Fokker Services to develop emergency power system.
Press release article from: M2 Presswire March 31, 2009 700+ words
M2 PRESSWIRE-31 March 2009-STG Aerospace: STG and Fokker Services to develop emergency power system(C)1994...systems thanks to a new partnership between Fokker Services and STG Aerospace. Market-leader STG has teamed up with Fokker Services...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA