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Constellation ready with £8bn bid for Allied

By Ian Fraser Published: Sunday Herald Date: May 8th, 2005 Competition to acquire drinks giant hots up as new bidder gains access to Allied’s accounts CONSTELLATION Brands, the world’s largest winemaker, is expected to trump Pernod Ricard’s offer for Allied Domecq with a bid of up to £8 billion for the Bristol-based spirits giant within […]

May 9th, 2009 | Posted in Article Library,Investigations | Read More »

HBOS under James Crosby was ‘dangerously out of control’

By Ian Fraser Published: The Sunday Times Date: April 26th, 2009 An accountant from the bank’s insurance arm says there was a woeful lack of supervision HBOS under former chief executive Sir James Crosby was “dangerously out of control” with a sloppy attitude towards expenses and financial supervision, according to a whistleblower who was sacked […]

April 26th, 2009 | Posted in Article Library,Investigations,Latest Articles | Read More »

HBOS misled investors on £4bn rights issue says former executive

By Ian Fraser Published: Sunday Herald Date: January 25th, 2009 Call for probe into ‘favourable gloss’ on finances. By Ian Fraser A FORMER Bank of Scotland senior executive has called for a Financial Services Authority investigation into misleading information put out by the board of HBOS at the time of its ill-fated £4 billion rights […]

January 25th, 2009 | Posted in Article Library,Investigations,Latest Articles | Read More »

The £11m man: Huge bonuses for the advisers on deal that brought RBS to its knees

By Ian Fraser and Ben Laurance Published: The Daily Mail Date: January 24th, 2009 BANKERS who engineered the catastrophic takeover deal that brought Royal Bank of Scotland to its knees have received multi-million-pound bonuses for the disastrous transaction, it has emerged. The man who led the team advising RBS in spearheading a £50 billion takeover […]

January 24th, 2009 | Posted in Article Library,Investigations,Latest Articles | Read More »

Wealthy Scots hit by AIG fund freeze

By Ian Fraser Published: The Sunday Times Date: October 19th, 2008 Furious investors who claim they were badly advised about the enhanced fund may lose millions Thousands of Britain’s wealthiest investors, including an Edinburgh-based international entrepreneur of the year, risk losing as much as one-quarter of what they put into a “low-risk” money market fund […]

October 19th, 2008 | Posted in Article Library,Investigations,Latest Articles | Read More »

Finger of blame points at auditing firms

By Ian Fraser Sunday Herald October 12th, 2008 Accountants of failed banks missed ‘red flags’. By Ian Fraser THE FINGER of blame for the crisis that has crippled global financial markets in recent days has been pointed in many directions. Over the past few months, regulators, central banks, banks, ratings agencies and even consumers themselves […]

October 12th, 2008 | Posted in Article Library,Investigations,Latest Articles | Read More »

‘Scores of people have spoken to me about this deal and voiced their concerns. They are horrified.’

By Ian Fraser Sunday Herald September 28th, 2008 IT WAS presented as a fait accompli. On Thursday September 18, at 7am, both Sir Victor Blank and his American sidekick, Eric Daniels, looked like the cats that had got the cream. The chairman and chief executive of Lloyds TSB, who were later seen alongside a more […]

September 28th, 2008 | Posted in Article Library,Investigations,Latest Articles | Read More »

Taming the Celtic tiger

By Ian Fraser Published: Sunday Herald Date: June 8th, 2008 ECONOMIC slowdown is normally the last thing that business wants. But for Ireland’s £1 trillion international asset-servicing industry, a cooling-off seems almost welcome. AS NEXT week’s knife-edge vote on the Lisbon Treaty forces one of the Republic’s periodic reflective bouts, the Irish financial sector – which rose from nothing in the early 1990s […]

June 8th, 2008 | Posted in Article Library,Investigations,Latest Articles | Read More »

130/30 funds: mousetraps or money-makers?

By Ian Fraser European Fund Manager December 20th, 2007 130/30 funds are suddenly all the rage. But is the surge in such funds a response to client demand or do fund managers have other motives? Ian Fraser investigates BARELY a week passes these days without some traditional fund management group or other jumping onto the […]

December 20th, 2007 | Posted in Article Library,Investigations | Read More »

Is Coke a killer?

November 22nd, 2007 I’ve just watched a chilling documentary on Channel 4 by the political comedian Mark Thomas. The programme focused on some of the unsavoury practices allegedly adopted by the Coca-Cola Company around the world. The Atlanta-based fizzy drinks company is facing a mounting consumer boycott, which initially kicked off in 2003, on university […]

November 22nd, 2007 | Posted in Blog,Investigations | Read More »