Alliance & Leicester to slash costs

Article Abstract:

Alliance and Leicester PLC revealed its plans to reduce costs by 100 million pounds (172.4 million euros) annually and to increase revenues by 6% a year. However, analysts believe that the company's plans may be overly-ambitious.

Author: Gopalan, Nisha
Alliance & Leicester PLC

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Amvescap will cut costs for growth

Article Abstract:

Amvescap PLC is planning to reduce costs in order to maintain growth in the 2001 year. The company is hoping to defend itself against a worldwide market slowdown.

Author: Gopalan, Nisha
Strategy & planning, Investment advice, Investment Advisory Services, Planning, Financial services industry, Financial services, Investment advisers, AMVESCAP PLC, AVZ

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American mortgage debt climbs; analysts begin to have concerns

Article Abstract:

Mortgage debts among Americans continued to rise during the 2003 first quarter. Debts increased by twofold during the period, causing concerns among analysts.

Author: Ip, Greg
United States, Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgages, Mortgage and Nonmortgage Loan Brokers, Company financing

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Subjects list: United Kingdom, Finance, Mortgage banks
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