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And in the real world... Credit Suisse, GM, Tate & Lyle, Heineken and more

Credit Suisse has started to sell off its London property estate, which could fetch up to 500 million, as part of its strategy to focus on core banking operations. Source: Financial Times General ... into EMI for the second time in six months, after the company missed banking covenant targets. Source ...

And in the real world... inflation, Shell, M&S, Vodafone and more

was mostly attributable to the reduction in mortgage repayments following the Bank of England's decision ...

IPG prepares for bankruptcy at General Motors

Signed on 13 May, the deal sees the holding company preserving its ability to use a three-year credit pact with a group of lenders, headed by Citibank. The filing changes the definition of EBITDA (income before interest, taxes, depreciation and amortisation) under the bank agreement "in order ...

And in the real world... Volkswagen, Marks & Spencer, Lloyds, BAA, Boots and more

. Source: Daily Mail Lloyds Banking Group is to push ahead with a 4 billion placing, as its shares ...

And in the real world... HBOS, Volkswagen, Google, CBI, Spotify and more

Sir Victor Blank has been forced to step down as the chairman of Lloyds Banking Group after losing the confidence of major shareholders following Lloyds TSB's merger with HBOS last autumn. Source: The Daily Telegraph Volkswagen has halted merger negotiations with Porsche following accusations by senior VW ...

And in the real world...Royal Mail, EDF, Independent News & Media, HSBC and more

, Michael Geoghegan, has joined Stephen Hester, his equivalent at Royal Bank of Scotland, in pouring cold ...

Mark Kleinman on marketing and the City: Bring back best of British

in with yet more taxpayers' money after our banks have already drained the national coffers is not a tempting ...

 

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