Carroll makes his mark in Reds win January 31, 2012 LIVERPOOL moved to within four points of a Champions League place with a convincing 3-0 win at relegation threatened Wolves last night. Andy Carroll, who joined the Reds on the final day of last year’s January transfer window for a British record £35m, scored his first Premier League goal since October early in the second [...]
Bell eager to salvage pride January 31, 2012 ENGLAND batsman Ian Bell accepts criticism of his struggling side is justified but insists the selectors should keep faith with a group of players who are desperate to salvage pride by winning the third Test against Pakistan. The series has already been surrendered and with three middle order batsmen, Kevin Pietersen, Eoin Morgan and Bell [...]
England ready to pounce on Scottish complacency January 31, 2012 OVERCONFIDENCE is likely to prove Scotland’s downfall in Saturday’s Calcutta Cup match with a revamped England side desperate to start their Six Nations campaign with a win that would help accelerate the rebuilding process following last year’s World Cup debacle, according to their coach Graham Rowntree. Scotland have been priced up as underdogs for the [...]
Goodwin stripped of knighthood January 31, 2012 FRED Goodwin was stripped of his knighthood last night, three years after Royal Bank of Scotland was saved from collapse by a £45bn taxpayer bailout. The former chief executive, who was knighted for “services to banking” in 2004, lost the title after a committee of civil servants decided he had brought the honours system into [...]
Former Goldman stars plot new investment fund January 31, 2012 THREE Goldman partners are eyeing the creation of a new investment fund after throwing in the towel on investment banking, City A.M. has learned. Ed Eisler, who quit recently as co-head of global securities, has teamed up with fellow ex-Goldman partners Sam Wisnia, who was a managing director in fixed income, and Chris Barter, former [...]
Facebook poised to file for its mega-float January 31, 2012 FACEBOOK is expected to file for its long-awaited flotation today, kick-starting the process that will see the social network list as a publicly traded company eight years after Mark Zuckerberg launched the website from his Harvard bedroom. Facebook has been notoriously tight-lipped regarding its soon-to-be status as a public company, but the California-based firm is [...]
Sovereign risk appetite falls January 31, 2012 SOVEREIGN wealth funds are heavily reining in their investment in risky new deals because they are sitting on huge losses from bets made during the crisis, according to three senior investment banking sources. In aggregate, sovereign wealth funds have lost a staggering $62bn of the $90bn in capital they plunged into financial stocks in 2007-2008, [...]
Mr Goodwin deserved to lose his title January 31, 2012 IT is right that Sir Fred has become Mr Goodwin once more. Goodwin was knighted for “services to banking”; given that he has done more than anybody else in the Western world to damage that industry’s reputation, Gordon Brown’s absurd decision to honour him needed to be reversed. It also sends a strong message that [...]
Romney ahead in the polls January 31, 2012 MITT Romney was well on his way to winning the latest vote for the Republican presidential nomination, early polls showed this morning. Romney supporters waved flags and chanted his name at a victory party that kicked off less than an hour after the Florida polls shut. He thanked his supporters when he appeared at the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 31, 2012 FINANCIAL TIMES EU TO RULE ON DEUTSCHE BÖRSE AND NYSE MERGER The NYSE Euronext and Deutsche Börse tie-up today faces its day of reckoning in Brussels, as European Union commissioners are expected to sign-off a recommendation to block a merger that allegedly stifles competition. BAA SIGNALS END TO HOPES OVER STANSTED RUNWAY BAA has signalled [...]