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Ken Lewis

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Citigroup sounding alert on supermarkets as prices fall

02.10.09
Lessons from across the pond are not always relevant but here’s one that might turn out to be a timely early warning. Severe food price falls in the United States are likely to have a major impact on supermarket earnings in the States and a similar flood of cheaper food here could be the signal to get out of the UK supermarket sector ... more

The guillotine hasn't arrived here - yet

16.03.09
These days it's not just financial journalists who follow the movements of financiers. So, too, do the entertainment channels and press... more

Gordon to Obama - it's the world, not US, to blame

09.03.09
Quelle Surprise. Gordon Brown was unable to bring himself to tell to Barack Obama to his face that the global recession was the fault of America. Strange, as this was something he has been only too happy to trumpet up until now.... more

Let frivolous fashion defy the NY blues

16.02.09
New York Fashion Week is here - and, as Lela Rose, the Texan designer, says as she threads her needle and fits her models, "the show must go on"... more

Washington 'bullied' Bank of America into saving Merrill Lynch from collapse

05.02.09
Banking: The strong-arm tactics used by the US government to bully Bank of America into rescuing Merrill Lynch have emerged... more

How the Herd thundered into a rubbish bin

27.01.09
Is Merrill Lynch the worst company in history? Competition for the title is tough, but any study would have to give weight to the claims of the self-styled “world’s biggest stockbroker” ... more

BoA hands ex-Merrill chief Thain a top role

03.10.08
Banking: Bank of America has made John Thain - who as Merrill Lynch chief engineered the firm's sale - head of investment banking, securities and wealth management at the new company... more

Shares in AIG are suspended after 74 per cent crash

16.09.08
Shares in giant American insurer AIG were suspended on Wall Street after a 74 per cent crash in its stock indicated the business is spiralling toward collapse... more

BoA swoops for Merrill in £28bn deal

15.09.08
Credit crunch: Bank of America’s $50 billion (£28 billion) early-morning takeover of Wall Street investment bank Merrill Lynch creates the world’s biggest financial services group... more

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