City & Business: Bankers aren't bonkers
Sunday 14 September 1997
Last week's episode featured Commerzbank, a German outfit that was probably minding its own business before it suddenly became NatWest's latest suitor. I believe that makes 34 potential candidates mentioned in the same breath as NatWest in the last two years, the next breath usually being taken up with a critique of chief executive Derek Wanless. This column has always been a supporter of Mr Wanless: at a time of bonkers share ratings and unremitting City pressure, sensible management is crucial to the health of a bank. Need one mention the words "Third World" and "debt"?
The same could be said of the Prudential. After the news of Jim Sutcliffe's departure from the board, the worry is that while the Pru will have to make some wise decisions in the near future about how it plays the merger game, it is becoming a little depleted at senior management level and still has the small matter of pension mis-selling to sort out. Let's hope the Prime Minister does not make too many demands on Sir Peter Davis over the next few months.
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- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Chief Ebola doctor in Sierra Leone has contracted the deadly disease himself
- 4 Students offered grants if they tweet pro-Israeli propaganda
- 5 Israel has discovered that it's no longer so easy to get away with murder in the age of social media
Lana Del Rey: 'I have slept with a lot of guys in the industry'
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned
Chief Ebola doctor in Sierra Leone has contracted the deadly disease himself
Students offered grants if they tweet pro-Israeli propaganda
Israel-Gaza conflict: Israel may have committed war crimes, says UN human rights chief
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
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