Jane Merriman
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UK's Lloyds prices record $22.4 billion rights issue
LONDON (Reuters) - Lloyds Banking Group <LLOY.L> got strong demand for a 9 billion pound ($14.9 billion) bond exchange on Monday, an indication of possible investor appetite for the UK bank's record share issue due to price on Tuesday. Full Article
Blog Posts
Cocos - credit market classics?
"Cocos" has become the user-friendly name for a new type of hybrid bond created to help UK bank Lloyds raise money from investors to break away from a government insurance scheme for bad loans. Full Article
Who do you blame for the credit crisis?
Greedy bankers are routinely blamed for the credit crisis but one British-based poll of -- well, financiers -- spreads the blame more widely. Gary Jenkins, head of fixed income research at Evolution Securities, ... Full Article | Comments [23]
Who do you blame for the credit crisis?
The credit crisis nearly crushed the world's financial system and pushed the global economy into a downward spiral. If you could pick someone to blame who would it be? Full Article | Comments [10]
