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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Acquisition Opportunities’

FOCUS: Europe’s Banking Sector Poised For Further Shakeup

PARIS (Dow Jones)–The European banking sector continues to be reshuffled at
breakneck speed, as several household institutions either fall into the hands of
more powerful rivals or are being nationalized by their governments.
While the dust hasn’t settled yet, a handful of banks seem to be benefiting from
the current turmoil and are emerging as winners: HSBC Holdings PLC [...]

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Buffett eyes Royal Bank of Scotland insurance unit

Buffett will look at RBS insurance unit
Berkshire unit buys subprime mortgages, freezes resets
By Alistair Barr, MarketWatch
Last Update: 7:28 PM ET May 4, 2008
OMAHA, Neb. (MarketWatch) — Berkshire Hathaway will consider investing in the
insurance business of U.K. banking giant Royal Bank of Scotland and is close to
buying a medium-sized company in the country, Chairman Warren Buffett [...]

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