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S G Warburg Co Inc

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BUSINESS
February 20, 1995 | Times Staff and Wire Reports
S.G. Warburg Group Opens Office: The British investment bank said the office is its first in China. It is also seeking clearance for a Shanghai office. The company currently has offices in Hong Kong, Singapore, Kuala Lumpur, Taipei, Bangkok, Seoul, Bombay, Japan, Australia and New Zealand.
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BUSINESS
November 8, 1997 | Thomas S. Mulligan
The U.S. Treasury Department released an exchange of letters between the agency and S.G. Warburg Dillon Read Inc., in which the brokerage firm acknowledged violations of disclosure rules in 12 U.S. Treasury auctions during 1995 and 1996. Warburg failed to disclose, as required, its "net long position"--or current holdings of Treasury securities--when it submitted bids in those auctions.
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BUSINESS
May 4, 1995 | From Bloomberg Business News
S.G. Warburg Group said fiscal 1995 profit at its investment bank will fall well below forecasts, raising questions about the value of the business one day after Swiss Bank Corp. said it wants to buy it. Warburg shares fell 3% from their highs for the day on the London Stock Exchange, closing down 11.2 cents at $13.02. Analysts had been expecting Warburg's investment bank, Britain's largest securities firm, to break even for the year.
BUSINESS
May 4, 1995 | From Bloomberg Business News
S.G. Warburg Group said fiscal 1995 profit at its investment bank will fall well below forecasts, raising questions about the value of the business one day after Swiss Bank Corp. said it wants to buy it. Warburg shares fell 3% from their highs for the day on the London Stock Exchange, closing down 11.2 cents at $13.02. Analysts had been expecting Warburg's investment bank, Britain's largest securities firm, to break even for the year.
BUSINESS
May 3, 1995 | Times Staff and Wire Reports
Warburg Mulls Link With Swiss Bank Corp.: S.G. Warburg Group said it is considering a partial link-up with the banking concern, capping a day of takeover speculation. Swiss Bank Corp., one of the top three banks in Switzerland, had approached Warburg to discuss merging their investment banking businesses, Warburg said in a statement. Earlier, speculation that U.S. brokerage giant Smith Barney Inc. might bid on all or part of Warburg had pushed the company's stock up 5.9% to $13.
BUSINESS
February 14, 1995 | From Associated Press
S.G. Warburg Group announced Monday that its chief executive, Lord Simon Cairns, has resigned from London's biggest investment bank. Warburg's chairman, Sir David Scholey, takes over the duties of chief executive at the bank, which has shown signs of trouble ever since a proposed merger with Wall Street powerhouse Morgan Stanley collapsed in December.
BUSINESS
December 9, 1994 | From Times Staff and Wire Reports
In a move that would create a financial powerhouse on both sides of the Atlantic, Wall Street's Morgan Stanley Group and S. G. Warburg Group of London on Thursday said they were discussing a merger of the two financial bluebloods. A combination of two of the world's top financial firms--under control of Morgan Stanley--would give the merged company greater access to corporations and investors around the globe.
BUSINESS
September 16, 1991 | From Associated Press
S. G. Warburg, a government bond dealer tangled in the Salomon Bros. Inc. bidding scandal, said Sunday that it never alerted regulators to an improper bid because a Salomon executive blamed it on a clerical error. Warburg said Salomon's government bond chief, Paul Mozer, persuaded the firm that the bid was an honest mistake and asked Warburg to allow Salomon to work it out with Treasury officials. Warburg officials met with U.S.
BUSINESS
May 2, 1995 | From Times Wire Services
Smith Barney Inc., which has struggled to expand its securities and investment banking empire overseas, is reportedly holding talks with London-based S.G. Warburg Group about a possible merger. The largest British investment bank has been the subject of takeover speculation since late December, when a planned merger with New York-based Morgan Stanley & Co. collapsed amid a dispute about the value of Warburg's investment management company, Mercury Asset Management.
BUSINESS
December 16, 1994 | From Reuters
A deal that would have created the world's largest investment bank collapsed Thursday when U.S. investment house Morgan Stanley Group Inc. and its British counterpart S.G. Warburg Group called off merger talks. But analysts said the main sticking point in the $7.8-billion deal--how Warburg's 75%-owned Mercury Asset Management Group would be treated--could be overcome. "Remember, the two companies we're talking about here are world leaders in (mergers and acquisitions).
BUSINESS
May 3, 1995 | Times Staff and Wire Reports
Warburg Mulls Link With Swiss Bank Corp.: S.G. Warburg Group said it is considering a partial link-up with the banking concern, capping a day of takeover speculation. Swiss Bank Corp., one of the top three banks in Switzerland, had approached Warburg to discuss merging their investment banking businesses, Warburg said in a statement. Earlier, speculation that U.S. brokerage giant Smith Barney Inc. might bid on all or part of Warburg had pushed the company's stock up 5.9% to $13.
BUSINESS
May 2, 1995 | From Times Wire Services
Smith Barney Inc., which has struggled to expand its securities and investment banking empire overseas, is reportedly holding talks with London-based S.G. Warburg Group about a possible merger. The largest British investment bank has been the subject of takeover speculation since late December, when a planned merger with New York-based Morgan Stanley & Co. collapsed amid a dispute about the value of Warburg's investment management company, Mercury Asset Management.
BUSINESS
February 20, 1995 | Times Staff and Wire Reports
S.G. Warburg Group Opens Office: The British investment bank said the office is its first in China. It is also seeking clearance for a Shanghai office. The company currently has offices in Hong Kong, Singapore, Kuala Lumpur, Taipei, Bangkok, Seoul, Bombay, Japan, Australia and New Zealand.
BUSINESS
February 14, 1995 | From Associated Press
S.G. Warburg Group announced Monday that its chief executive, Lord Simon Cairns, has resigned from London's biggest investment bank. Warburg's chairman, Sir David Scholey, takes over the duties of chief executive at the bank, which has shown signs of trouble ever since a proposed merger with Wall Street powerhouse Morgan Stanley collapsed in December.
BUSINESS
December 16, 1994 | From Reuters
A deal that would have created the world's largest investment bank collapsed Thursday when U.S. investment house Morgan Stanley Group Inc. and its British counterpart S.G. Warburg Group called off merger talks. But analysts said the main sticking point in the $7.8-billion deal--how Warburg's 75%-owned Mercury Asset Management Group would be treated--could be overcome. "Remember, the two companies we're talking about here are world leaders in (mergers and acquisitions).
BUSINESS
December 9, 1994 | From Times Staff and Wire Reports
In a move that would create a financial powerhouse on both sides of the Atlantic, Wall Street's Morgan Stanley Group and S. G. Warburg Group of London on Thursday said they were discussing a merger of the two financial bluebloods. A combination of two of the world's top financial firms--under control of Morgan Stanley--would give the merged company greater access to corporations and investors around the globe.
BUSINESS
November 8, 1997 | Thomas S. Mulligan
The U.S. Treasury Department released an exchange of letters between the agency and S.G. Warburg Dillon Read Inc., in which the brokerage firm acknowledged violations of disclosure rules in 12 U.S. Treasury auctions during 1995 and 1996. Warburg failed to disclose, as required, its "net long position"--or current holdings of Treasury securities--when it submitted bids in those auctions.
BUSINESS
September 16, 1991 | From Associated Press
S. G. Warburg, a government bond dealer tangled in the Salomon Bros. Inc. bidding scandal, said Sunday that it never alerted regulators to an improper bid because a Salomon executive blamed it on a clerical error. Warburg said Salomon's government bond chief, Paul Mozer, persuaded the firm that the bid was an honest mistake and asked Warburg to allow Salomon to work it out with Treasury officials. Warburg officials met with U.S.
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