Kamis, 12 Mei 2016

Betaville

Betaville


Boom to bust in a just a few months

Posted: 12 May 2016 02:12 AM PDT

It never ceases to amaze me how quickly things can change in mega cap dealmaking.

Last year, markets witnessed record breaking takeovers - such as Anheuser-Busch Inbev's £75 billion takeover of SAB Miller and Royal Dutch Shell's £40 billion purchase of BG Group - but the first few months of this year has seen M&A activity fall of a cliff, with several major announced deals collapsing altogether.

Bloomberg has the skinny, so click on the link for detail:

http://www.bloomberg.com/news/articles/2016-05-12/wall-street-s-dealmaking-goes-from-boom-to-bust-in-a-few-months 

The imprisoned Libor trader, the property developer and the bank

Posted: 12 May 2016 02:13 AM PDT

Tom Hayes, the imprisoned Libor trader, has seen a huge response to his fundraising efforts for his appeal.

So far, according to the website, Hayes has raised £16,890. Here is the link if you want to make a donation.

https://fundrazr.com/tomhayesliborscapegoat

While many large donors have preferred to stay anonymous one individual was happy to out himself as a donor to Hayes's cause - Gary Hartland of Guardian Care Homes.

The irony of Gary's donation will not be lost on the top bods at Lloyds Banking Group as he is currently pursuing the bank in the commercial courts with multi-million pound claims related to Libor fixing!

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