And in the Real World: Nationwide, Dunfermline, General Motors, Peugeot Citroen, Chrysler, Tesco

LONDON - Campaign's round-up of today's key business news.

In the real world...Campaign's round up of business news
In the real world...Campaign's round up of business news

 

  • Nationwide is buying Dunfermline Building Society's brand, branches and good loans and deposits. Leagas Delaney and CCHM:ping handle Nationwide's advertising; Family Advertsising handles Dunfermline, which spends less than £1 million on advertising.....
  • Chief executives Rick Wagoner and Christian Streiff have been ousted from General Motors and Peugeot Citroen respectively...
  • Barack Obama has refused additional financial support to GM and Chrysler...
  • Tesco has unveiled plans to open 30 in-store bank branches by the end of the year...
  • Global merger and acquisition activity fell by 36 per cent year on year in the first quarter according to the Financial Times.