Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
3rd August 2012
End for Dun & Bradstreet?
The Wall Street Journal reports that Dun & Bradstreet has employed both JPMorgan Chase and Credit Suisse to help it find someone to buy the company. This follows a failed attempt to try and find a buyer last year.
Older people in the finance sector remember D&B as a sector leader with significant goodwill behind the brand name. That brand value has been eroded in recent years as the company's pace of innovation lagged others in the sector. Last year's attempt was reported as focusing on technology companies as potential buyers. The search is presumably now focused on others in the credit reference and business information sector or with Private Equity firms. The former group would seem unlikely to want to maintain the name. Whether Private Equity firms can be persuaded the profit opportunity exists remains to be seen.