Press Round-up – April 4

By Reuters Staff
April 4, 2012

BTG Pactual IPO to value bank at $15 billion
BTG Pactual is set to float later this month in a deal that will value the rapidly growing Brazilian investment bank’s equity at up to $15 billion and the shareholdings of a swathe of executives at more than $150 million each.   (FT)

Press Round-up – April 3

By Reuters Staff
April 3, 2012

Investors hit back at Trinity Mirror
Big investors in Trinity Mirror have hit back at proposed changes to the pay scheme for Sly Bailey, its chief executive, saying that cuts to directors’ remuneration packages do not go far enough.   (FT)

Press Round-up – April 2

By Reuters Staff
April 2, 2012

European rules alarm fund managers
Some fund managers’ worst fears over pan-European regulation have re-emerged, prompting the hedge fund and private equity industries to hit back at technical standards proposed by Brussels that they say will damage business and shut out the U.S. and Asia.  (FT)

Press Round-up – March 30

By Reuters Staff
March 30, 2012

Treasury urged to halt brain drain
Treasury bosses will need to stem a flood of staff departures and beef up pay if the department is to be effective in dealing with future financial crises, according to an internal report. (Times)

Press Round-up – March 29

By Reuters Staff
March 29, 2012

Nokia stepping up SIM battle with Apple
The battle between Nokia and Apple over the design of future miniature Sim cards for mobile phones has escalated, with the Finnish group threatening to withhold essential technology for Apple’s template, impeding the rival proposal. (FT)

from The Great Debate:

Britain’s austerity experiment is faltering

By Nicholas Wapshott
March 28, 2012

It was the Welsh sage Alan Watkins who remarked that a budget that looked good the day it was delivered to the British Parliament was sure to look terrible a week later, and vice versa. The avalanche of new information dumped by the Treasury is simply too much to grasp at a single sitting, and governments tend to bury bad news in a welter of statistics. And so it proved with finance minister George Osborne’s budget served up last week.

Press Round-up – March 28

By Reuters Staff
March 28, 2012

Victims of RBS swap scandal call for inquiry
Calls for an inquiry into the interest rate swap mis-selling scandal intensified on Tuesday after Royal Bank of Scotland was accused of forcing one of the UK’s largest business park owners into administration. (Telegraph)

Press Round-up – March 27

By Reuters Staff
March 27, 2012

Ailing Astra pays boss £9.1 million last year
The chief executive of AstraZeneca enjoyed a pay package worth 9.1 million pounds last year, despite a groundswell of concern in the London’s financial district about the embattled drugs company’s spluttering medical research pipeline. (Times)

Press Round-up – March 26

March 26, 2012

Merkel set to allow euro zone firewall to increase
Germany is poised to bow to international pressure and allow a temporary increase in the euro zone’s financial “firewall” this week, to prevent the crisis in the region’s periphery spreading to other member states. (FT)

Press Round-up – March 23

By Reuters Staff
March 23, 2012

Delays raise doubts over Lloyd’s Co-Op deal
Cracks appeared on Thursday in Lloyds Banking Group’s plans to sell its “mini-Lloyds” business to the Co-operative Group after it admitted that it had fallen behind schedule on agreeing an outline deal.  (Times)