Barings: the winners and losers emerge

Article Abstract:

Internationale Nederlanden Groep (ING) is officially having to pay only a nominal 1 pound sterling to administrator Ernst and Young for collapsed Barings, but the true costs involved are a lot higher. ING is taking on 860 million pounds sterling of debt, and the total cost is likely to reach as much as 1 billion pounds sterling, including advisers' expenses. The Dutch concern has had to set aside 72 million pounds sterling to cover work by Ernst and Young alone.

Investment Banking and Securities Dealing, Investment Banking, Mergers, acquisitions and divestments, Investments, Contracts, ING Groep N.V., Ernst & Young L.L.P., Barings PLC

---

SG Cowen - European coverage

Article Abstract:

Investment bank SG Cowen is discussed with emphasis on the company's development and business. The firm has acquired interests in the United States within the technology and healthcare sectors and increased its profile.

SG Cowen

---

Similar abstracts:

• Abstracts: Oh what a miserable life. Central European cover story
• Abstracts: Tobacco in the UK. Prospects for consumer spending in Europe: food, beverages and tobacco. Tobacco in France
• Abstracts: Sticks, stones and Sierra Leone. Inside the enemy's decision circle. The logic of Sierra Leone
• Abstracts: Angola facing war and hunger. On and on, they fight. Pursuit eastwards
• Abstracts: Inside the enemy's decision circle. Staying on

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.