Simon Maughan

Entity type image
Type: Person
Name: Simon Maughan
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Britain's 'Heralded' Co-operative Bank Stumbles

Much of the government's hope to expand the Co-operative Bank relied on the planned purchase of 632 branches that the Lloyds Banking Group had to sell to comply with European competition rules after receiving a government bailout in 2008. The purchase ... [Published CNBC - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

HSBC cuts 14 000 more jobs to reduce c...

Howard Mustoe and Gavin Finch LondonHSBC Holdings will eliminate as many as 14 000 more jobs as the bank seeks to cut an additional $3 billion (R27.8bn) of costs in an effort to revive profitability. Europe?s largest bank expected to reduce the staff ... [Published Daily News South Africa - May 16 2013]
First reported May 14 2013 - Updated May 15 2013 - 1 reports

EADS Faces A350 Challenges as Airbus Boosts Profits

May 14 (Bloomberg) -- Simon Maughan, head of research at Olivetree Securities and Bloomberg's Rob Wall explore first-quarter results from EADS, the company's aircraft competition with Boeing and the challenges of its A350 aircraft program. They speak ... [Published BusinessWeek - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

A taste for defensives sours prospects for European stocks

* Defensive stocks unusually leading Europe stock rally* Healthcare price/earnings ratios at five-year highs* Fund managers still favour defensives -BofA ML surveyBy Tricia WrightLONDON, May 14 (Reuters) - Defensive stocks such as healthcare companies, ... [Published Yahoo! UK and Ireland - May 14 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

European shares edge off peaks, banks under pressure

* FTSEurofirst 300 down 0.2 pct, in sight of five-year highs* Euro zone P/E low vs global peers, but above 10-year average* Commerzbank shareholders ready for share issueBy Toni VorobyovaLONDON, May 13 (Reuters) - European shares edged off five-year highs ... [Published Reuters - May 13 2013]
First reported May 10 2013 - Updated May 11 2013 - 1 reports

Co-Op Bank Says It Doesn’t Need Government Aid After Ratings Cut

May 10 (Bloomberg) -- Co-Operative Bank Plc, which began in Britain’s 19th-century industrial north, said it doesn’t need a government bailout after Moody’s Investors Service cut the lender’s rating to junk status, citing a capital shortfall.“We have ... [Published Washington Post - May 10 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

Why Germany Agreed to the Banking Union

Simon Maughan, financials sector strategist at Olivetree Financial Group, discusses Germany's sudden U-turn on a banking union and what it means for Europe. ... [Published CNBC - May 07 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

`Illogical' to Sell RBS Shares Here: Leech

May 3 (Bloomberg) -- Cormac Leech, analyst at Liberum Capital and Simon Maughan, financial strategist at Olivetree Securities, discuss the U.K. government stake in RBS as shares fall the most in 11 months on a drop in operating profit. They speak on Bloomberg ... [Published BusinessWeek - May 03 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

Slimming plans bear fruit

First-quarter results from Europe’s big four investment banks -- Deutsche Bank, Barclays, UBS and Credit Suisse -- showed a performance nearly identical to that of their US peers. “They have all shown cost discipline.Cost control is very much the order ... [Published Business World - May 01 2013]
Entities: UBS AG, Simon Maughan, Fruit
First reported Apr 30 2013 - Updated Apr 30 2013 - 2 reports

European investment banks show rewards of slimming plans

By Steve SlaterLONDON (Reuters) - Cost-cutting and resilient trading revenues helped Europe's investment banks keep pace with their U.S. rivals last quarter and boosted prospects that their slimmed-down operations can deliver rewards for investors.First-quarter ... [Published Yahoo! UK and Ireland - Apr 30 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Bank cuts give positive earnings surprise - Analyst

Banks are the best-performing sector in Europe today, thanks to forecast-busting results from UBS, Deutsche Bank and Lloyds. Olive Tree's Simon Maughan says analysts were so reoccupied by shoring up capital, that the earnings bump coming from cost cutting ... [Published 4 Traders - Apr 30 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Lloyds on Track to Meet 2013 Guidance

Simon Maughan, financials sector strategist at Olivetree Financial Group, tells CNBC that investors are looking for progress on capital, progress on earnings and a dividend, which is what Lloyds Banking Group is about. ... [Published CNBC - Apr 30 2013]

Quotes

"there could have been closer scrutiny" said Simon Maughan, an analyst at Olivetree Securities...
"to succeed, the rights issue needs to be at the biggest discount that the government will tolerate, the placing needs to be done with clear headroom over the rights subscription price, and needs to be covered well enough that the stock trades well in the aftermath" Simon Maughan, head of research at Olivetree, said in a note
"it shows the business models were bloated and inefficient. a vast amount of balance sheets were earning negative returns and the higher capital (requirement) has had the positive impact of getting rid of a lot of that" Maughan said

More Content

All (35) | News (28) | Reports (0) | Blogs (4) | Audio/Video (3) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Britain's 'Heralded' Co-operative Bank Stumbles [Published CNBC - May 16 2013]
HSBC cuts 14 000 more jobs to reduce c... [Published Daily News South Africa - May 16 2013]
HSBC set to cut 14,000 more jobs [Published Khaleej Times - May 15 2013]
HSBC to cut up to 14,000 jobs in bid to save US... [Published Financial Post - Top Stories - May 15 2013]
Heralded Small Bank in Britain Mirrors Troubles... [Published New York Times - May 15 2013]
Amazon’s Cloud Biz, Microsoft and Oracle Face C... [Published Wall St. Cheat Sheet - May 15 2013]
Amazon’s Cloud Biz, Microsoft and Oracle Face C... [Published Wall St. Cheat Sheet - May 15 2013]
HSBC cutting 14,000 Jobs to save $3 Billion [Published Buffalo News - May 15 2013]
HSBC Signals 14,000 Jobs Cuts With $3 Billion S... [Published Washington Post - May 15 2013]
A taste for defensives sours prospects for Euro... [Published Yahoo! UK and Ireland - May 14 2013]
EADS Faces A350 Challenges as Airbus Boosts Pro... [Published BusinessWeek - May 14 2013]
European shares edge off peaks, banks under pre... [Published Reuters - May 13 2013]
Co-Op Bank Says It Doesn’t Need Government Aid ... [Published Washington Post - May 10 2013]
Co-Operative Bank CEO Quits as Moody’s Cuts Rat... [Published La Repubblica - May 10 2013]
Why Germany Agreed to the Banking Union [Published CNBC - May 07 2013]
`Illogical' to Sell RBS Shares Here: Leech [Published BusinessWeek - May 03 2013]
RBS Seen Posting First-Quarter Profit as Bad De... [Published Bloomberg - May 02 2013]
Slimming plans bear fruit [Published Business World - May 01 2013]
European investment banks show rewards of slimm... [Published Yahoo! UK and Ireland - Apr 30 2013]
European investment banks show rewards of slimm... [Published Reuters - Apr 30 2013]
Bank cuts give positive earnings surprise - Ana... [Published 4 Traders - Apr 30 2013]
UBS Joins Lloyds Beating Estimates as Deutsche ... [Published Washington Post - Apr 30 2013]
Lloyds on Track to Meet 2013 Guidance [Published CNBC - Apr 30 2013]
Post-Cyprus credit rebound hints at bounce for ... [Published Sharenet - Apr 25 2013]
Barclays profit hit by restructuring costs, Afr... [Published BDlive - Apr 25 2013]
STOCKS NEWS EUROPE-ENRC, Kazakhmys soar on pote... [Published Yahoo! UK and Ireland - Apr 19 2013]
If Anyone Needs Rich Ricci, You Can Find Him Do... [Published Dealbreaker - Apr 18 2013]
Investment boss Rich Ricci steps down at Barclays [Published BDlive - Apr 18 2013]
UPDATE 2-Diamond era ends at Barclays with Ricc... [Published Reuters - Apr 18 2013]
Why Eat Your Words When You Can Eat a Peach? [Published FCPA Compliance and Ethics Blog - Apr 09 2013]
1 2
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Amazon’s Cloud Biz, Microsoft and Oracle Face C... [Published Wall St. Cheat Sheet - May 15 2013]
Amazon.com ( NASDAQ:AMZN ): Since moving into the business of remote data storage and other cloud services, Amazon has been working feverishly to lure large corporations to set up shop among its data stacks. However, the biggest opportunity lies in the ...
Amazon’s Cloud Biz, Microsoft and Oracle Face C... [Published Wall St. Cheat Sheet - May 15 2013]
Amazon.com ( NASDAQ:AMZN ): Since moving into the business of remote data storage and other cloud services, Amazon has been working feverishly to lure large corporations to set up shop among its data stacks. However, the biggest opportunity lies in ...
If Anyone Needs Rich Ricci, You Can Find Him Do... [Published Dealbreaker - Apr 18 2013]
Rich Ricci, the boss of Barclays’ investment bank who collected $26 million in deferred bonuses last month, is leaving the scandal-hit bank as its new chief executive seeks to cut back executive pay and repair its image. The American-born Ricci, a star ...
Why Eat Your Words When You Can Eat a Peach? [Published FCPA Compliance and Ethics Blog - Apr 09 2013]
Taken to the woodshed or when should a company have to eat its own words? Remember when President Reagan’s Director of the Office of Management and Budget, David Stockman, was ‘ taken to the woodshed’ by White House Chief of Staff James Baker after ...
1

Audio/Video

sort by: Date | Relevance
Market Pulse: UBS provision shortfall worrying:... [Published Reuters Video: Top News - Dec 19 2012]
Market Pulse: UBS provision shortfall worrying:... [Published Reuters Video: Business - Dec 19 2012]
Deutsche Bank Accused of Hiding Securities Losses [Published Bloomberg - YouTube - Dec 06 2012]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.