Reuters: Regulatory News: PRESS DIGEST - Financial Times - Aug 15

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PRESS DIGEST - Financial Times - Aug 15 Aug 14th 2012, 23:42 Tue Aug 14, 2012 7:42pm EDT Financial Times Headlines STAN CHART SETTLES WITH NY REGULATOR - GREECE SEEKS TWO-YEAR AUSTERITY EXTENSION - LIB DEMS PUSH TO REOPEN BANK REFORM - SPANISH SAVERS OFFERED HAIRCUT THEN MONEY BACK - ICAHN'S SON HONES SKILLS WITH $3 BLN FUND - MANGANESE BRONZE GOES SOUTH ON IT ERROR - KIEV TO OPT FOR EXXON MOBIL AND SHELL BID - RIM PREPARES NEXT BLACKBERRY GENERATION - EURO ZONE EDGES BACK TOWARDS RECESSION - Overview STAN CHART SETTLES WITH NY REGULATOR Standard Chartered has agreed to pay $340 million to settle accusations it potentially violated U.S. regulations. GREECE SEEKS TWO-YEAR AUSTERITY EXTENSION Greece will seek a two-year extension of its latest austerity programme at talks next week with Angela Merkel and Francois Hollande. LIB DEMS PUSH TO REOPEN BANK REFORM Nick Clegg and Vince Cable are leading a push to reopen talks on UK banking reforms in a move that could stoke coalition tensions. SPANISH SAVERS OFFERED HAIRCUT THEN MONEY BACK Spain is in talks with Brussels to allow retail clients who bought savings products from now nationalised lenders to avoid losing their investments as part of Spain's bailout. ICAHN'S SON HONES SKILLS WITH $3 BLN FUND Carl C Icahn, the hedge fund manager and activist scourge of U.S. boardrooms, has given $3 billion of his fortune to his son. MANGANESE BRONZE GOES SOUTH ON IT ERROR Investors have piled out of Manganese Bronze after the maker of one of London's black cab, blamed errors in its IT system for a 3.9 million pound ($6.12 million) accounting black hole. KIEV TO OPT FOR EXXON MOBIL AND SHELL BID Ukraine has approved a joint offshore exploration bid led by ExxonMobil and Royal Dutch Shell to unlock oil and gas reserves deep under the Black Sea. RIM PREPARES NEXT BLACKBERRY GENERATION Research In Motion has begun manufacturing "beta" or test units of its next generation BlackBerry 10 devices. EURO ZONE EDGES BACK TOWARDS RECESSION The euro zone edged closer towards its second recession in three years as the single currency bloc contracted in the second quarter. Link this Share this Digg this Email Reprints

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