Page 2749 


Dresdner Kleinwort Staff To Make Off With Family Silver

Staff at Dresdner Kleinwort are being given the opportunity to bid for some of the old Kleinwort Benson family heirlooms. It seems that the antique maps, sofas, desks, time-pieces, tapestries and paintings that graced the firm's London Buildings in Fenchurch Street and Swan Lane will look somewhat out of place in the brave new world over at Gresham Street.

The Ultimate Offshoring Irony

Indian state-run bank employees are due to strike on July 28th - again (yes, they like the odd strike over there). Workers, it seems, are miffed about a few issues (including the fact that there are 100,000 vacancies at state-run banks, and yet the government is said to have done hardly any recruitment for years!), but one issue above all others catches the eye.......

Credit Suisse & The England Football Team

A lot of talented players. A decent name. A proud history. A foreign 'coach'. And long-overdue a good performance. The England football team ? Yes (at least while Sven was in charge), but that description could also apply to serial underachievers Credit Suisse.

Watch Out For Wachovia

Wachovia is joining the pack, and emulating those other consumer banks that have successfully made the transition into investment banking.

Goldman Stacks, Gay Banker To Appeal

Hank Paulson is to be sworn in as US Treasury Secretary Monday, and is cashing in around $488m of Goldman shares to comply with White House conflict-of-interest rules. But firm staff shouldn't worry that their bosses don't have a big stake in the business, as the new crop of senior executives have a fair old share of the spoils.