Posts Tagged ‘merrill lynch’

RBS rights issue over 90% take up June 8th, 2008

The Royal Bank of Scotland (RBS) will annouce that over 90% of its shareholders have signed up for its £12bn rights issue. With growing negativity in the banking sector following recent bad news, including a poor set of results from the Bradford & Bingley, there had been concerns that investors would shy away from the rights issue. (more…)

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Big job cuts in FS April 19th, 2008

Financial Services, and in particular the Banking sector is likely to experience a bout of significant job cuts that will impact both the London and Worldwide job markets. Earlier this week Merrill Lynch announced that it will cut 4,000 jobs with Citigroup quickly following suit, declaring that it expected to cut around 25,000 posts over the next few months. (more…)

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Posted in Banks, General Finance, Investment Companies, Top Stories | No Comments »



  • Selection from Glossary

    • Advance Decline Ratio
      The advance decline ratio is the ratio of the number of companies whose share prices have risen against the number whose prices have fallen. This is for a specific period of time.