Tennant sets out changes at Kleinwort Benson Financial News Sally Tennant has packed a lot into her 12 months as chief executive of private bank Kleinwort Benson. She has put the building blocks in place for what she says is a bank with the “traditional values of a merchant bank”, and one she claims is “the ...
Robert V. Lindsay, Former President of J.P. Morgan, Dies in Florida at 86 - Bloomberg
Robert V. Lindsay, Former President of J.P. Morgan, Dies in Florida at 86 Bloomberg He led the firm during some of its final years as a strictly commercial bank, before Wall Street, led by Morgan itself, began winning exemptions to the 1933 Glass- Steagall Act, leading to its repeal in 1999. Ron Chernow, in his 1990 book, ...
Banking Wasn't Meant to Be Like This - Credit Writedowns
Banking Wasn't Meant to Be Like This Credit Writedowns British and Dutch merchant banking was to extend short-term credit on the basis of collateral such as real property or sales contracts for merchandise shipped (“receivables”). Buoyed by this trade financing, merchant bankers were successful enough to ...
ThomasLloyd Announces Appointment of Matthias Altieri as Head of Solar Energy - MarketWatch (press release)
ThomasLloyd Announces Appointment of Matthias Altieri as Head of Solar Energy MarketWatch (press release) LONDON, January 10, 2012 /PRNewswire via COMTEX/ -- ThomasLloyd Group PLC strengthens its Merchant Banking business by appointing Matthias Altieri as Managing Director, Head of Solar Energy. Prior to joining ThomasLloyd he spent five years as Vice ...
Custodians pitch for the whole nine yards - Financial News
Custodians pitch for the whole nine yards Financial News The bank sees its existing footprint as a springboard towards dominance in the collateral services market for OTC derivatives. arector for collateral management and clearing at BNY Mellon in London, believes it will be a tech-heavy effort.
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