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(Bloomberg) Fail Lazard given five weeks to find a buyer for Royal Bank of Scotland. So, if you have $5 and a packet of crisps, you can now own a bank of your very own   (bloomberg.com) divider line 10
More: Fail, Lazard, RBs, Jefferies & Company, risk management, RBC Capital Markets, equity capital, wealth management, Basel  
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689 clicks; posted to Business » on 16 Jan 2012 at 11:29 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



10 Comments   (+0 »)
   
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2012-01-16 11:25:52 AM
Giant lazard ravages east coast!
 
2012-01-16 11:49:14 AM
They are not selling their banking unit (probably because its not worth anything) just their cash equities, mergers advisory and equity capital markets units.

I wouldn't be surprised to see them sell their US based Banking operations sometime in the next few years though.
 
2012-01-16 12:02:12 PM
media.screened.com

$5 and a packet of crisps? SOLD!!!
 
2012-01-16 12:35:19 PM
Kcoombs69..... you marvelous bastard!
 
2012-01-16 12:48:22 PM
I hope this is part of some scheme to put pressure on that idiot running the "Scottish Government" Alex Salmon.
 
2012-01-16 01:29:32 PM
Insert Beyoncé joke here...
 
2012-01-16 02:10:19 PM
My God. Lazard people have taken over the banks as well.
 
2012-01-16 03:30:38 PM
How the hell can this guy afford to own a bank?

upload.wikimedia.org
 
2012-01-16 06:04:08 PM
static-l3.blogcritics.org
 
2012-01-17 01:37:25 AM
$5...check.

"Packet of crisps"...what the fark?

Guess I won't be buying that bank after all.
 
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