Reuters: Regulatory News: PRESS DIGEST - Financial Times - Aug 30

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

PRESS DIGEST - Financial Times - Aug 30 Aug 30th 2012, 00:23 Wed Aug 29, 2012 8:23pm EDT Financial Times Headlines CITIGROUP IN $590 MLN LAWSUIT SETTLEMENT - VIRGIN REAPS WEST COAST PROFITS - DRAGHI REBUFFS GERMANS OVER EURO PLANS - BARCLAYS FACES FRESH CRIMINAL PROBE - GAZPROM SHELVES SHTOKMAN PROJECT - ASIA HITS OUT AT US SWAPS REFORM PLANS - BT SET TO REDUCE STAKE IN TECH MAHINDRA - OSBORNE REJECTS CLEGG WEALTH TAX PLEA - SEC TO REVIEW HEDGE FUND AD BAN - DREAMWORKS IN EUROPEAN DISTRIBUTION DEAL - Overview CITIGROUP IN $590 MLN LAWSUIT SETTLEMENT Citigroup agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets. VIRGIN REAPS WEST COAST PROFITS Virgin Rail has reaped higher profit margins on the west coast main line than most UK rail franchises since privatisation. DRAGHI REBUFFS GERMANS OVER EURO PLANS Mario Draghi rebuffed German criticism of his attempts to stem the euro zone debt crisis. BARCLAYS FACES FRESH CRIMINAL PROBE Britain's Serious Fraud Office has launched a second criminal investigation into Barclays. GAZPROM SHELVES SHTOKMAN PROJECT Gazprom is to shelve one of the energy industry's most ambitious ventures in Russia's Barents Sea because of surging costs. ASIA HITS OUT AT US SWAPS REFORM PLANS Asian financial regulators have warned the U.S. that plans to revamp global derivatives markets threaten to create systemic risks. BT SET TO REDUCE STAKE IN TECH MAHINDRA BT is preparing to sell the majority of its 23 percent stake in Tech Mahindra. OSBORNE REJECTS CLEGG WEALTH TAX PLEA British finance minister George Osborne has rejected Deputy Prime Minister Nick Clegg's call for an emergency tax on the wealth of Britons. SEC TO REVIEW HEDGE FUND AD BAN Hedge funds moved one step closer to gaining permission to publicly solicit and advertise for business, under a rule change proposed by U.S. regulators. DREAMWORKS IN EUROPEAN DISTRIBUTION DEAL 20th Century Fox movie studio will distribute animated feature films from Dreamworks Animation for the next five years. FORMER S&P CHIEF CREDIT OFFICER DEPARTS Mark Adelson, a former Standard & Poor's chief credit officer has left the ratings agency months after he was demoted. Link this Share this Digg this Email Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions