United Kingdom | Sunday, 23 November 2008

Bank Articles

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201. Inflation Report to leave rate hike door ajar
Financial markets are pricing in another Bank of England interest rate hike. Economists are divided. And so seemingly are Bank of England policymakers.
07 Aug 2007
202. ABN AMRO assessing 2 bids for bank
ABN AMRO said on Wednesday that it has received a revised 71.1 billion euros (47.6 billion pound) bid for the bank from a consortium led by Royal Bank of Scotland, and said it would assess the bid against one from Barclays. "Under the terms of the Merger Protocol dated 23 April 2007, ABN AMRO will also discuss with Barclays their offer and the implications of the Consortium's revised proposed offer," ABN said in a statement.
18 Jul 2007
203. Who followed King to hike rates in July?
The latest Bank of England minutes on Wednesday are expected to show two policy makers switched sides at their July meeting to give Governor Mervyn King the interest rate hike he had sought a month earlier.
18 Jul 2007
204. RBS group sweetens ABN bid
The takeover battle for ABN AMRO heated up on Monday with the Royal Bank of Scotland consortium boosting the cash element of its 71.1 billion euro (48.2 billion pound) offer.
16 Jul 2007
205. Bank looks set to raise interest rates
Interest rates look set to rise to a six year high of 5.75 percent later on Thursday.
05 Jul 2007
206. King warns borrowers and lenders to be cautious
Borrowers and lenders need to be cautious because excessive leverage has been the common theme of previous financial crises, Bank of England Governor Mervyn King warned on Wednesday.
21 Jun 2007
207. Bank seen holding fire on rates
The Bank of England won't hike interest rates on Thursday just a month after it raised them to a 6 year high, most analysts say but not with great conviction.
07 Jun 2007
208. RBS expects to beat forecasts
Royal Bank of Scotland, the bank trying to lead a takeover of Dutch rival ABN AMRO, said it expects its bad debts to fall in the first half of this year to help it beat forecasts for underlying earnings.
05 Jun 2007
209. Southern Water up for sale
Southern Water has been put up for sale for around 4 billion pounds by owner Royal Bank of Scotland (RBS) sources familiar with the situation said on Sunday.
04 Jun 2007
210. Chinese shares swoon as economy rolls on
Chinese shares slumped 6.5 percent on Wednesday even as the World Bank revised its growth forecasts sharply higher and Moody's Investors Service flagged an upgrade to the country's credit rating.
30 May 2007
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