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Kleinwort Benson

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City Spy: Howzat? JP Morgan bowls 'em at Lord's

02.06.11
Some good news for the Marylebone Cricket Club. JPMorgan, arguably Wall Street's most successful bank, has stepped in with a major, four-year sponsorship deal for Lord's, including its media centre... more

City Spy: Kleinwort says bye to City, hello Vogue

27.05.11
It is the end of an era. Kleinwort Benson, once one of the City's most venerable merchant banks, is leaving the Square Mile for the West End and marked its departure with a bash at the City Tavern in Trump Street last night... more

City Spy: Cash in with extra Walkie-Talkie floor

26.04.11
Is Land Securities taking the Michael? Or has the UK's biggest property developer been given the quiet nod by the City of London to ask for an extra floor of 51,000 sq ft to the 37-storey Walkie-Talkie at 20, Fenchurch Street?... more

Lloyd's new chief to earn £525k for 3-day week

18.04.11
Lloyds of London unveils a new chairman on a pay package of £525,000 a year before other benefits - that for a three day week... more

Goldman Sachs riding for a fall if it doesn't shift with times

29.03.11
Is Goldman Sachs going to change? Should it? During the peak of the financial crisis, it was possible to believe that it thought it should, that it might retrieve its lost motto of being "long-term greedy", rather than chasing every short-term buck going via fast trades, hostile takeovers involving its own clients, or whatever else it fancied... more

City Spy: Vedanta in a spin as it digs hole for itself

01.03.11
Ah, the desperate whiff of worried PRs. London-listed mining giant Vedanta Resources had a bruising encounter with tribal rights charity Survival International last year... more

'Drugs smuggler' wins UK transfer after seven years in rat-infested jail

08.02.11
Former City worker who spent seven years in an Indian jail for alleged drug trafficking has won his battle to serve his sentence in a British prison... more

City Spy: Kate Bleasdale's woe is Cartesian gain

31.01.11
A big hand for Cartesian Capital Partners, which stands to make millions from shorting shares in Kate Bleasdale's Healthcare Locums, which have just been suspended because of "accounting irregularities"... more

Philip Lambert - the quiet man behind the historic BP-Rosneft deal

19.01.11
Profile: The huge £10bn oil tie-up was arranged not by the Square Mile's superstars but by Philip Lambert and his tiny firm... more

City Spy: RBS property sale gets luxury brand

11.01.11
Monaco is a place most closely associated with luxury and secrecy - which makes it a curious choice of name for the Royal Bank of Scotland’s first attempt to unwind its commercial loan portfolio... more

Kleinwort Benson chief blames current RBS bosses for bonus tax hitting banks

14.07.10
Robert Taylor manages the wealth of the rich and famous — and he is not afraid to criticise his fellow bankers... more

City Spy: Orpington Lib-Dems get cosy with Tesco

22.04.10
Whatever Nick Clegg may say at tonight’s second TV debate, maybe the Liberal Democrats aren’t so different from the other two main parties... more

Time for rallying Minerva to bring Nathan Kirsh into the fold

12.03.10
On Property: Minerva should give a seat on the board to Philip Lewis, the man revealed as representing the 29.9% stake held by largest shareholder Nathan Kirsh... more

Sexuality and the City: just be honest and open

16.02.10
I felt a great deal of sadness for Lord Browne after reading his recent description of how tough it is to be openly gay in the City. I came out at a young age and have never felt any pressure to conform to some imaginary City code of straight conduct... more

Evolution is survival of the fittest

29.10.09
A generation ago, around 1980, Kleinwort Benson was the same size as Goldman Sachs. ... more

Kleinwort sold to Belgians in £225m deal

15.10.09
One of the oldest names in the City changed hands today, as Kleinwort Benson, whose history dates back to the 1850s, was sold by Commerzbank to Belgian conglomerate RHJ International for £225 million ... more

Counting the cost a year after Lloyds' takeover of HBOS

17.09.09
One year ago today, the news broke that Lloyds TSB was going to take over HBOS in a £12.2 billion all-share deal. With the benefit of hindsight, it is still staggering to read the press release issued to the Stock Exchange the following morning, 18 September... more

‘Drunk Guinness girl stripped to knickers' on London flight

14.09.09
Drunken society beauty swore at airline cabin staff and had her breasts fondled by a fellow passenger in front of other travellers, a court heard... more

£250m joy for advisers

07.09.09
If you want people to sit up and take notice of your £10 billion takeover bid, there are few better ways than employing veteran New York banker Bruce Wasserstein to lead the attack ... more

City Spy: Naked truth is that TV may just be to Jamie's taste

10.07.09
Chef Jamie Oliver may turn out to be a savvier businessman than Gordon Ramsay by focusing on his TV projects rather than restaurants... more

Commerzbank puts up Kleinwort Benson for sale

09.06.09
Germany’s Commerzbank is set to put Kleinwort Benson, one of the City’s most venerable private banks, formally up for sale this week ... more

Let’s clear way for new wave of banks

02.06.09
It is a basic rule of capitalism that when a company stumbles, nimble new competitors come into the market to kick it when it is down and to try to grab its business. It is a rule that holds true for most sectors, provided the barriers to entry are not too daunting. ... more

Making a splash - the LILO generation

01.06.09
Now, in the midst of the worst recession in 70 years, just might be the best time to launch a new business... more

Hurricane highs and lows for the insurers

02.09.08
The oil price ticked up as Hurricane Gustav headed for the oil installations in the Gulf of Mexico. Now it appears to be losing strength and passing through without inflicting anything like the damage we saw in 2005 when Katrina flooded New Orleans, prices seem to be sliding down again... more

Commerzbank in dive as Dresdner jobs axe swings

01.09.08
Shares in German banking giant Commerzbank fall more than 8% as investors fret about its £7.3 billion takeover of fellow German bank Dresdner Kleinwort... more

First signs that crunch is hitting private bankers

30.06.08
While colleagues in investment banking bemoan the fact that entertainment budgets have been slashed, private bankers are still smiling ... until now. ... more


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