Market Chatter-Corporate finance press digest

Thu Feb 7, 2013 9:32am IST

Related Topics

Stocks

   

Feb 7 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Deutsche Bank has suspended five traders suspected of inappropriate conduct following an internal investigation into possible manipulation of the Europe Interbank Offered Rate (Euribor), a source familiar with the matter said.

* Buyout firms have accelerated talks with lenders to secure funding for possible 10-billion-pound ($15.65 billion) bids for EE, the UK's largest mobile phone operator, according to the Financial Times. A group formed by Apax and KKR and another led by Blackstone and CVC Capital are working on competing offers, the paper said.

* Barclays Plc is nearing the completion of a raft of job cuts at its investment bank as part of its new chief executive's plan to streamline operations and cut costs, a person familiar with the matter said.

* Cantor Fitzgerald is in advanced talks to buy brokerage firm Seymour Pierce, the Financial Times reported, citing people familiar with the discussions.

* One of the key shareholders of Italy's biggest construction firm Impregilo is set to launch a takeover bid for the rest of the company, sources close to the matter told Reuters.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Markets

REUTERS SHOWCASE

Canada Shooting

Canada Shooting

Attack on parliament, killing of soldier stun Canada's capital.  Full Article 

Earnings Season

Earnings Season

Wipro sees rosier end to year as U.S. clients spend.  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Book Keeping

Book Keeping

RBI fires warning shots on companies' lack of FX hedging.  Full Article 

Policy Repo Rate

Policy Repo Rate

Most external members suggested rate cut in RBI's Sept review.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage