Keith Harris, HSBC Investment Bank

Article Abstract:

There are close working relations between the various divisions of HSBC Investment Bank, according to Chief Executive of investment banking Keith Harris. He has key responsibility in helping the bank to gain new business, and has recently appointed two people to assist in this area. He reports that the bank performed extremely well in 1996, with profits of 272 million pounds sterling representing a 30% return on capital. There is now little privatisation work available in the UK, but the bank has been successful in winning business elsewhere.

HSBC Investment Bank, Harris, Keith

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US banks lead the way in Europe

Article Abstract:

US banks have taken a leading role in European mergers and acquisitions in 1994. Morgan Stanley ranks first among advisers on cross-border acquisitions in that year with 17 deals and a total 6. 8 billion pounds sterling involved. Goldman Sachs ranked second with 36 deals involving 6.6 billion pounds, and SG Warburg ranked third. Merrill Lynch from the US ranked ninth, and rose sharply in this ranking in 1994. US and UK banks tended to dominate, though Union Bank of switzerland ranked sixth.

Banking industry, Economic aspects, Acquisitions and mergers, Europe, Western

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John Llewellyn-Lloyd

Article Abstract:

Close Brothers Corporate Finance's new chief executive John Llewellyn-Lloyd believes the company is well placed to challenge competitors in the corporate finance marketplace after acquiring corporate finance business Hill Samuel. The acquisition was a sensible and efficient business deal which lost little business or staff during business transition, says Llewellyn-Lloyd. He enjoys his career in industry and is a keen sportsman.

Executive Offices, Executive Appointments, Close Brothers Group PLC, Executive departments (Government), Political appointments, Llewellyn-Lloyd, John

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