Temple Associates

Advice for Fund Managers, Securities and Banking Firms

30 Nov 2012

HP/Autonomy: Poor Due Diligence, Poor Implementation

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This tale of woe again demonstrates that relying on number crunching accountants and fee-hungry deal brokers is the wrong approach to acquis...
26 Nov 2012

City of London a "cesspit"? - get real Wall Street Journal!

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A sad day when a respected business journal gives an experienced (?) journalist space to write such a poorly-researched and one-sided articl...

Bill Winters - harsh critique of UK bank reform proposals

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"Bank overhaul 'may leave UK rudderless' if new crisis hits" reads the headline of the report about his evidence to the Tr...
22 Nov 2012

Hewlett-Packard - one poor Acquisition after another

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Hewlett-Packard could easily become Exhibit Number One for any future case studies about the dangers and pitfalls of hastily concocted acq...
16 Nov 2012

UK Bank Bailout Money may never be recovered?

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Opine the Solons sitting in Westminster. While this may not be a firm prediction but just a way of garnering a headline ( CNBC ) in the med...
14 Nov 2012

BoA manager on wrong track

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If it would not be printed in black and white I would believe that this initiative comes from a third-rate bucket shop ( Bloomberg ). That ...
7 Nov 2012

Commerzbank wins right to appeal UK bonus ruling

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This headline made me look up the details of the original court case  in which a large group of employees in the former Dresdner Kleinwort ...

Rating Agency reform- new idea but not enough

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John Carney ( CNBC ) makes a new suggestion when he writes that rating agencies should not receive non-public information. While this may ...
4 Nov 2012

UBS Top Management feathers it's nest (again?)

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Having just handled the beginning of the mass cull of employees in the most unprofessional way one could think of, the top management of UBS...
30 Oct 2012

UBS to cut 10,000 employees

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Not only does one have to ask why a large bank all of a sudden finds that it would be necessary to amputate a huge chunk of its operations i...
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