Gerry Rawcliffe
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Gerry Rawcliffe
doubt execution far kept low means reasonably risk running taking
So far there has been no doubt about who is taking over and who is running the show. It means that execution risk is kept at reasonably low levels.
awry bank british clear french running scope talking tank
If a big French bank and a big British tank were talking of a merger, there would be scope for things to go awry if it's not clear who is running it.
commercial conclusive cost evidence mergers remains revenue
The commercial rationale for cross-border mergers (in banking) remains a little tenuous and the evidence is not conclusive that cost and revenue synergies can be achieved.
deployed dividends earnings either money pressure share special spend strong time
With earnings so strong for the time being, there is pressure for money to be deployed either in share buybacks or special dividends or to go out and spend it.