Abbey National on Monday became the first large bank to stop issuing its own credit cards when it sol...
Abbey National on Monday became the first large bank to stop issuing its own credit cards when it sold its card operation to MBNA, the US specialist, for £289m, says the FT. Schroders, the fund management group, is also launching a private equity fund of funds in the second quarter to capitalise on the growing interest among high net worth individuals in private equity, according to the Financial Times. Shareholders are expected to put pressure on the Prudential insurance company to stop the head of American General cashing in more than $150m (£100m) of share options and bonuses as ...
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