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Dark clouds keep bargain hunters wary
LONDON (Reuters) - Europe's scarred banks face a long haul to shake off their 2008 hangover as recession, political intrusion and further capital raising leave their valuations -- the lowest for decades -- far from being a bargain. Full Article
Lehman deal on private equity close
NEW YORK (Reuters) - Lehman Brothers has reached an agreement in principle to sell its merchant banking business, made up of two private equity funds, to management of the funds, a source familiar with the situation said on Thursday. Full Article
Corporate fraud scandals can detonate anywhere
SINGAPORE (Reuters) - When it comes to corporate fraud scandals, nowhere is safe. Full Article
Darwinian hibernation
Britain's banks are fulfilling their Darwinian role, to survive, rather than their economic one, to lend, and there is certainly no easy or painless way out. Commentary
Market Movers
| Events | Dates |
|---|---|
| British Assets Trust PLC BSETEUR.STp Quarterly dividend for the period to 2008-09-30 |
Declaration:
Nov 14
Ex-Date:
Dec 10
Record:
Dec 12
Payable:
12:00am GMT
|
| Associated British Foods PLC ABF.mGBP Semi-annual dividend for the period to 2008-09-13 |
Declaration:
Nov 04
Ex-Date:
Dec 03
Record:
Dec 05
Payable:
12:00am GMT
|
| British Empire Securities & General Trust PLC BREPF.PK Semi-annual dividend for the period to 2008-09-30 |
Declaration:
Nov 17
Ex-Date:
Record:
Dec 12
Payable:
12:00am GMT
|
| Genus PLC GENSGBP.PZp Semi-annual dividend for the period to 2008-06-30 |
Declaration:
Sep 16
Ex-Date:
Dec 10
Record:
Dec 12
Payable:
12:00am GMT
|
| Tate & Lyle PLC TATEGBP.OLp Semi-annual dividend for the period to 2008-09-30 |
Declaration:
Nov 06
Ex-Date:
Dec 03
Record:
Dec 05
Payable:
12:00am GMT
|
