Simon Maughan
Simon Maughan
bank deal growth high logic low market
Lloyds would give them (BBVA) an established low growth bank with high market share. The deal logic is not compelling.
delivered growth post results rewarded structure
The structure of the results and the growth that was being delivered was very well flagged and rewarded post the pre-close statement.
correctly entirely market valued
It's entirely valuation driven. The market has valued them correctly now.
accelerate banks commercial continue effective exporting growth markets proposal represents seeking skills
The proposal represents one of Europe's most effective commercial banks seeking to continue exporting its know-how to markets where these skills can accelerate growth at targets. BNP expands this way worldwide.
facing northern rock step struggle unless uphill
Unless HBOS and Northern Rock step back, Barclays is facing a long uphill struggle in mortgages.