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UPDATE 2-Santander Brasil CEO says made 'very good' offer for HSBC Brazil unit

SAO PAULO, July 30 - Banco Santander Brasil SA, the largest overseas bank doing business in Brazil, remains interested in acquiring the local unit of HSBC Holdings Plc , and has presented a "competitive" offer for it, Chief Executive Jesús Zabalza said on Thursday.

9:35pm IST

UK financial watchdog shuffles pack as it hunts for new CEO

LONDON, July 30 - Britain's Financial Conduct Authority named Megan Butler on Thursday as director of supervision from September for a year while the watchdog searches for a new boss.

9:25pm IST

Three more Swiss banks settle with United States over tax offenses

WASHINGTON, July 30 - Three more Swiss banks will pay penalties to the United States as part of settlements that mean they will not face criminal charges for helping Americans avoid taxes, U.S. authorities said on Thursday.

9:19pm IST

Israeli stock exchange gets members' approval to become for-profit

JERUSALEM, July 30 - The Tel Aviv Stock Exchange (TASE) secured its members' approval on Thursday to turn into a for-profit body, a move aimed at boosting trading volumes and reversing a tide of delistings.

9:17pm IST

L&G in exclusive talks to sell French arm to APICIL

LONDON, July 30 - British life insurer Legal & General said on Thursday it was in exclusive negotiations to sell its French insurance unit to French insurer APICIL Prevoyance for an undisclosed sum.

9:16pm IST
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