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Standard Life seen doubling IPO
2 Apr 2006 source: today.reuters.co.uk

LONDON (Reuters) - Europe's largest mutual life insurer, Standard Life, has doubled the amount of money it plans to raise in its forthcoming flotation to 2 billion pounds ($3.48 billion), the Sunday Telegraph reported. Standard Life (SL.UL: Quote, Profile, Research) is set to list its shares in London in July after it said on Thursday members would vote on its demutualisation proposal at the end ...


Lenders drawn into fraud scare
2 Apr 2006 source: thisismoney.co.uk

Lisa Buckingham & Jeff Prestridge, Mail on Sunday2 April 2006 BANKS and building societies have been warned by the City's watchdog about a suspected major commercial fraud involving false valuations on property that could result in losses of hundreds of millionss of pounds. SHADY DEALINGS: Banks and building societies were targeted in a fraud scam WANT TO KNOW MORE? REPORT: £10m fraud at Cheshire BS GUIDES: Dealing with bank problems BLOG: The scrubbing brush scam  ...


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