December 21, 2006

Dec. 21, 2006: Banks Globalization Mergers

Mis-dated: This should have been Dec. 21, 2006, not Dec. 20, 2006. Sorry.

Standing still in global merger frenzy
Canadian banks could lose stature in 2007
, Duncan Mavin, Financial Post, December 19, 2006

www.canada.com/nationalpost/financialpost/story.ht
ml?id=39ab1bb7-2f19-473b-b76c-73b2317cff1c&k=22289


Global banking chiefs hungry for growth and armed with cash to burn are set to make 2007 the international year of the bank merger. The trend will lead to further concentration of international banking power, dwarfing those banks -- such as Canada's domestic banks -- that don't participate in the biggest mergers.

[....] merger of Intesa and Sanpaolo banks in Italy, BNP Paribas of France's US$11-billion takeover of Italy's BPI ... Capital One pick up North Fork in the United States. ....

Take, for instance, last week's rumours... Bank of America's interest in ... Barclays Bank PLC. ... Citigroup Inc.'s US$2-billion bid for U.K. Internet bank Egg Financial. The Barclays rumours have since been quelled by Bank of America's executives, but shares in the U.K. retail bank surged last week on the speculation. [....]




Some of the following appear to be about media but they include banking information, complex networks, global media empires, financing ... The more I read, the more it seems to be all connected in some way.


Related re: Media, Power and Pargesa, and Canadian banks, TD, for example.

Dec. 17, 2006: CBC & Friends and Dec. 17, 2006: Media ... litany

frosthitstherhubarb.blogspot.com/2006/12
/dec-17-2006-media-litany.html

frosthitstherhubarb.blogspot.com/2006/12
/dec-17-2006-cbc-friends.html


Independent media -- global

This is a selection, not all.
Ketupa.net media profile ... Power and Pargesa ... Banque Nationale ...

Do follow the Banque Nationale link and see where that leads -- amazingly complicated.

Dec. 11, 2006: Propinquity -- Toronto Dominion / TD and more on international banking

Search:

Street race: Now TD vies for the prize

re: Toronto Dominion Bank, TD Securities, Frank McKenna and ranging over Falconbridge, CVRD, mining and energy, oil sands, Air Canada, AIM funds, Cheung Kong and its partners, Deutsche Bank and Bilfinger Burger, Anglo-Swiss miner Xstrata PLC, Toronto-Dominion advisory deals, equity deals and more [....]

Background

Dec. 5, 2006: Ring around the rosie ...

[....] ... playing rainmaker on behalf of Toronto-Dominion Bank [....]

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