|
_SLIDE_1_
재무관리
Changing course
& New fund, old fundamentals
_SLIDE_2_
Changing courses
Article 1
_SLIDE_3_
Changing Course
좌-메릴린치 CEO(John Thain)
우- 전 BofA 회장(Ken Lewis )
_SLIDE_4_
Changing Course
KEN LEWIS, the boss of Bank of America (BofA), famously said he had had as much fun as he could stand in investment banking in the autumn of 2007. How on earth must he feel now Mr Lewis’s decision to buy Merrill Lynch in September has cost him his reputation, his independence and, on April 29th, one of his many titles. At the bank’s annual general meeting shareholders re-elected Mr Lewis to the board, but voted to split the role of chairman and chief executive. Walter Massey, a board veteran, replaced him as chairman. Mr Lewis can count himself lucky. True, there was strong logic in buying Merrill Lynch, with its coveted retail brokerage, and Countrywide, a sickly mortgage lender, before…(생략)
|
최고경영자(CEO)
BOA와의 합병 직전 36억2000만달러에 달하는 거액의 보너스를 지급했다는 이유 등으로 올해 초 해고
존 테인 전 메릴린치 최고경영자최근 서면 합의에 따른 것이었다고 주장.
_SLIDE_6_
Changing Course
The bank’s share price has lost more than three-quarters of its value since September. Things could yet get worse. Leaks about the results of the stress tests that have been conducted on America’s largest banks suggest that BofA, which has already received $45 billion from the government, needs yet more capital (it would probably not be the only supplicant). This could well mean that the government’s preferred shares are converted into common equity. If other investors do not want to get rid of Mr Lewis, the government may do it for them.
정부로부터
BoA에 더 많은
지원 필요할 것
인수 후 주가
¾이상 하락
_SLIDE_7_
Changing Course
스트레스테스트에
대한 불신 확산
BOA 당초 자본부족
규모가 500억 달러
이상일 것으로 추산
예상치보다 작은 339억 달러로 축소 발표
스트레스테스트 결과 발표
_SLIDE_8_
Changing Course
For bank shareholders in America, the ground is slowly shifting. Managers and boards will find it much har
인 쇄
바로가기
재무관리,재무관리사례분석.pptx
[Size :
882 Kbyte
]
장바구니
