Private equity circles MoneyGram: sources
NEW YORK (Reuters) – Carlyle Group LP and TPG Capital LP are among private equity firms vying for MoneyGram International Inc , the world’s second-largest money transfer company, four people familiar with the matter said this week.
Consumer sentiment ends June to near six-year high
NEW YORK (Reuters) – Consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.
Chrysler begins building 2014 Jeep Cherokee in Ohio
DETROIT (Reuters) – Chrysler Group LLC said it began commercial production this week of its all-new 2014 Jeep Cherokee in Toledo, Ohio.
Switzerland charges man with selling bank’s client data to Germany
ZURICH (Reuters) – Swiss prosecutors have charged a German IT expert with selling client data from private bank Julius Baer in Zurich to the German tax authorities, they said on Friday.
Former Tesco chairman says turnaround could take three years
LONDON (Reuters) – A former chairman of Tesco , the world’s No.3 retailer, said that restoring the store group’s fortunes could take up to three years and appealed to investors to give Chief Executive Phil Clarke sufficient time.
UBS France CEO eyes growth despite tax probe
PARIS (Reuters) – An internal review by UBS’s French unit into allegations that it sold products designed to evade taxes has yet to find evidence of law-breaking, the Swiss bank’s French chief told Reuters on Friday.
Japan business mood seen turning positive: BOJ tankan
TOKYO (Reuters) – Japanese manufacturers’ sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey is likely to show on Monday in a sign recent market turbulence has yet to hurt…
BofA taps Moelis banker as financial institutions group vice chairman
NEW YORK (Reuters) – Bank of America has tapped a Moelis & Company financial services investment banker as vice chairman of its global financial institutions group, according to a memo reviewed by Reuters that was sent to the bank’s employees Friday morning.
Gazprom says RWE court decision won’t bring additional pressure
MOSCOW (Reuters) – Gazprom will not face additional pricing pressure from clients in Europe after an arbitration court decision forcing Gazprom to charge a key European customer, RWE , market prices for the gas it sells, the Russian company’s CEO said …
Argentine approach on YPF settlement sets floor for deal
MADRID/BUENOS AIRES (Reuters) – Argentina’s $5 billion informal compensation offer for seizing Repsol’s stake in energy firm YPF sets a floor for talks but the cash-strapped country may struggle to come up with a better offer.
