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PRESS DIGEST- Financial Times - March 24
March 24, 2017 / 1:00 AM / 7 months ago

PRESS DIGEST- Financial Times - March 24

March 24 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

Qatari connection casts long shadow over Barclays on.ft.com/2nWgA5h

Deutsche Bank in vote of confidence for post-Brexit London on.ft.com/2mZBPSI

Thames Water business model under scrutiny after sewage fine on.ft.com/2mZvsyU

Overview

Britain’s markets watchdog has resumed its investigation into payments made by Barclays Plc in the course of a 2008 emergency fundraising, after reviewing new evidence that could see it reconsider a 50 million-pound ($62 million) fine imposed in 2013.

Deutsche Bank AG has chosen a new office for its London headquarters, signalling a vote of confidence in Britain’s capital despite the country’s decision to leave the European Union.

One of Britain’s biggest water companies, Thames Water, was scrutinized on Thursday by Ian Byatt, a former head of regulator Ofwat, who said the problem in the water companies is their “complicated corporate structures.” A fine of 20 million pounds was imposed on Thames Water on Wednesday for pumping sewage into the River Thames.

($1 = 0.8017 pounds)

Compiled by Kanishka Singh in Bengaluru; Editing by Leslie Adler

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