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Bank of America targets UK asset-based finance market

Article Abstract:

The UK will form a useful basis from which to expand into Europe, according to Bank of America Senior Vice President Paul Hancock. The bank is looking to derive benefits from the expansion of the asset-based finance market in the UK, and plans to set up a 'one-stop-shop' service. It will make loans of 5 million pounds sterling or more on individual transactions, and will be able to hold between 30 million pounds sterling and 40 million pounds sterling on its own book. Hancock will be focusing on companies with hard assets, placing particular emphasis on importers and distributors.

Publisher: Thomson Financial Inc.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
Acquisitions Analysis-Financing, Banking industry, Financial analysis, BankAmerica Corp., Hancock, Paul

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Competition for the merchant banks?

Article Abstract:

The global leader of corporate finance at PricewaterhouseCoopers, Hugh Scott, has led the department for over five years and increased its fee income to $75 million. Scott feels the company can still improve its merger and acquisitions business.

Publisher: Thomson Financial Inc.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 2001
PricewaterhouseCoopers L.L.P., Scott, Hugh

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Subjects list: Management, Officials and employees, Acquisitions and mergers, Interview
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