NatWest holed: investment banking
Article Abstract:
NatWest Markets reported losses of 85 million pounds sterling as a result of interest-rate options that were mispriced. The affair sheds doubt on NatWest's management and internal controls. NatWest's shares have also dropped because of disappointing financial results for 1996.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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The last of the Mohicans: British investment banks
Article Abstract:
Four of the last independent investment banks in UK are determined not to be acquired by foreign banks: Schroders, Flemings, Hambros and N.M. Rothschild. They are successful despite lack of capital due to their niche businesses, funds management and economic advisory roles.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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