Should Société Générale be acquired? Naturally, the answer to this will still require some answers from SocGen itself together with the French regulators, but in any other country than France, the answer would be a resounding ‘yes.’ Look no further than Bankers Trust in the US who had several lawsuits and a declining franchise due [...]
Read Full Post | Make a Comment ( None so far )Even John Thain’s magic is taking time to work at Merrill Lynch, although we really do need to give him a bit more time than he’s had to have a real impact. Nevertheless, he’s been busy breaking up Merrill Lynch, with the sale of its capital finance business to General Electric just before Christmas (see [...]
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