Lies, spin and loyalty: Hannam case tells of a banker’s code
LONDON (Reuters) – The London-based banker fined last year for being careless in an email with sensitive information believes the takeover talks he revealed to a Kurdish minister in 2008 might have been fictitious, and that he might have made them up h…
Warner Chilcott markets $4.4 billion deal
NEW YORK (Reuters) – Specialty pharmaceutical Warner Chilcott Plc is in market with $4.4 billion in credit facilities that will refinance and combine debt following the company’s acquisition by drug manufacturer Actavis Inc , sources told Thomson Reute…
Celesio fires CEO Pinger after management dispute
FRANKFURT (Reuters) – The supervisory board of Celesio has sacked the German drugs distributor’s chief executive, Markus Pinger, with immediate effect after a falling out with the head of parent company Franz Haniel & Cie .
Anxiety high ahead of jobs data, traders guard against surprises
(Reuters) – Options market investors are preparing for a bumpy ride in case of a surprise – be it a good or bad number – from the June U.S. jobs report due out on Friday.
France softens stance on start of EU-US free trade talks
BERLIN (Reuters) – French President Francois Hollande said on Wednesday talks to set up a free trade agreement between Europe and the United States could begin as long as efforts to clarify U.S. surveillance tactics start in parallel.
YouTube invests in video music site Vevo
SAN FRANCISCO (Reuters) – Google Inc’s YouTube said on Wednesday that it has made an investment in Vevo, an online music video hub that provides some of the most popular content on YouTube.
Lloyds of London insurance market CEO resigns
LONDON (Reuters) – The chief executive of insurance market Lloyds of London is stepping down after seven years in which he sought to put the 325-year-old institution on track to thrive in a rapidly changing world.
UK asks Rothschild to advise on possible RBS break-up
LONDON (Reuters) – Britain’s finance ministry has appointed investment bank Rothschild to advise on the potential break-up of part-nationalized Royal Bank of Scotland .
Judge dismisses lawsuit against Bank of NY Mellon executives
NEW YORK (Reuters) – Bank of New York Mellon Corp officers and directors won the dismissal of a shareholder lawsuit accusing them of shirking their duties by letting the bank overcharge clients for trading currencies.
Irish lawmakers reject call to grill multinationals on tax
DUBLIN (Reuters) – An Irish parliamentary committee voted on Wednesday not to haul multinational firms before tax hearings, in a move critics said was a sop to companies taking advantage of the country’s low corporate tax to pay less.
