answersLogoWhite

0

Was cusomers given shares when woolwich joined banks?

Updated: 8/17/2019
User Avatar

Wiki User

14y ago

Best Answer

yes

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Was cusomers given shares when woolwich joined banks?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the SWIFT code for Natwest banks?

i would like to know what is the swift code of woolwich branch of natwest bank?? post code: SE18 6LE, 1-7 powis street, woolwich, London


Why did private banks issue stocks or shares of their companies?

raise capital


What is private placement of shares?

The private placement of shares involves selling shares to a few specific investors to boost capital. Some of these investors are mutual funds, big banks, pension funds, and some insurance companies.


How many banks were invovled with mutual funds in 1987?

By 1992, more than 3,500 banks had entered the mutual fund fray and were selling 30 percent of all shares


What is a public sector bank?

The term public sector banks is used commonly in India. This refers to banks that have their shares listed in the stock exchanges NSE and BSE and also the government of India holds majority stake in these banks. They can also be termed as government owned banks.


How a small business could identify and raise capital for a new venture?

equity shares, banks, public funds


How does an investment bank make money as the underwriter of an IPO?

The managing underwriters (The investment banks) may underwrite the IPO on either a firm commitment or best efforts basis. In a firm commitment offering, the underwriters will purchase the shares at a discount (of usually 7%) and resell them for the full public offering price to institutional and individual investors. In contrast, a best efforts offering means that the underwriters are only committing their best efforts to sell the shares. Most reputable investment banks will underwrite an IPO on a firm commitment basis. If an IPO is being underwritten on a best efforts basis, it should serve as a warning signal to both the company and its potential investors. After all, how enticing will a company's shares appear if its investment bank is unwilling to shoulder the risk of holding the shares, especially when purchased at a discount? To help distribute the shares, the managing underwriters may form a syndicate composed of other investment banks. This serves two purposes. First, the underwriters may expand the marketing of the company's shares through other investment banks. Second, the managing underwriters may reduce their risks by allocating shares to other investment banks. The syndicate members may agree to participate by either purchasing and reselling the shares, or just marketing the shares to their institutional and individual clients. This 7% is how, investment banks make money during an IPO process...


Where can someone go to buy shares?

Shares can be purchased through brokers and can be done both online or in person. Most major banks have a division that offer this type of service to their clients for a specified fee for each trade.


Money market mutual funds sell shares to investors and use the money to buy?

Shares in companies, and they use the interest earned on shares to pay interest to those who invested. They were originally invented t by banks to get around the ban on being allowed to pay interest on current accounts


What are bank holding companies?

Bank holding companies are essentially corporations whose assets are comprised of controlling shares of stock in one or more banks.


What are some of the advantages and disadvantages of PLC?

PLC- PLCs have a real fear of a hostile takeover as another company offers to buy shares from the public that has bought them. With around 50% of shares it is likely that they will be the majority shareholder and therefore the new owner. They are considered safer for the public to sell shares in and so can sell them on the stock exchange and in banks etc


What kind of loans are offered through banks that offer Islamic finance?

Banks following the principles of Islamic finance offer many finance options for autos, homes and personal loans as well as loans for commercial property and against shares.