Archive For January 28, 2016

Glasgow-based Clydesdale Bank has stunted growth but can prosper as independent says Australian owner

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Glasgow-based Clydesdale Bank has stunted growth but can prosper as independent says Australian owner Herald, 28.01.16   THE chairman of National Australia Bank, Ken Henry, has described Clydesdale Bank as a drag on growth as shareholders in the group gave overwhelming backing to a demerger that will allow the Glasgow-based lender to regain its independence. […]

Clydesdale Bank valued at £2bn ahead of IPO

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Clydesdale Bank valued at £2bn ahead of IPO FT Adviser, 19.01.2016   National Australia Bank has valued the Clydesdale Bank and Yorkshire Bank at between £1.5bn and £2bn ahead of its flotation next month.   The announcement puts shares at between 175p and 235p ahead of its initial public offering on 2 February.   NAB […]

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