'X ... was set up to give more of a focus to the multinational side of X-Group's business ... Now also they put all of X-Group's marine business into X. ... The marine doesn't really naturally fit with the kind of mandate of X if you like but they decided that to give it critical mass is the best way of explaining why that was done. ... They are run really as two separate businesses within X with separate management servicing teams and so forth.X013 page 001.01 (tape 01.1.01) Gordan Notes/Trans/Tape 30/09/93... Now, X has evolved and changed quite a bit since the beginning of 1991 and the original definition of what X was all about has been kind of diluted somewhat. The pure X business is still the multinational business, that's where the emphasis is but what is happened is ... the vast majority of the London book of business in city business is now looked after by X.'
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© Clare Tagg 2000