Tuesday, September 4, 2012

Reuters: Regulatory News: PRESS DIGEST - Financial Times - Sept 5

Reuters: Regulatory News
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PRESS DIGEST - Financial Times - Sept 5
Sep 5th 2012, 00:11

Tue Sep 4, 2012 8:11pm EDT

Financial Times

Headlines

HEATHROW AND NHS DOMINATE RESHUFFLE -

HACKERS PUBLISH APPLE USERS' DATA -

BUSINESS OPPOSES QUOTA OF WOMEN DIRECTORS -

MONEY MARKET FUNDS LOOK TO PASS ON LOSSES -

MEGAFON PLANS LONDON IPO TO RAISE $4 BLN -

BRUSSELS OPENS PROBE INTO GAZPROM -

EU SET TO APPROVE UK MOBILE WALLET SYSTEM -

MADRID PLANS TO INJECT BANKIA WITH DEBT -

SHELL WOES DETER OTHERS FROM US ARCTIC -

SANTANDER LAUNCHES $4 BLN MEXICAN IPO -

DEUTSCHE CUTS EQUITIES SALES STAFF IN ASIA -

Overview

HEATHROW AND NHS DOMINATE RESHUFFLE

Expansion at Heathrow and the future of the NHS were the top subjects of debate in the wake of David Cameron's first cabinet shake-up.

HACKERS PUBLISH APPLE USERS' DATA

Hackers have caused embarrassment for Apple by publishing a trove of sensitive customer information online.

BUSINESS OPPOSES QUOTA OF WOMEN DIRECTORS

Business leaders urged the government to stand firm against the European Commission's plan to legislate quotas of women on boards.

MONEY MARKET FUNDS LOOK TO PASS ON LOSSES

Investors in the 1.1 trillion euro ($1.38 trillion) European money market fund industry are facing losses as big managers prpeare to pass on the impact of negative short-term interest rates.

MEGAFON PLANS LONDON IPO TO RAISE $4 BLN

One of Russia's major mobile phone companies is planning a $20 billion flotation in London and Moscow.

BRUSSELS OPENS PROBE INTO GAZPROM

The European Commission has opened a formal investigation into suspected market abuses by Gazprom.

EU SET TO APPROVE UK MOBILE WALLET SYSTEM

Britain's largest mobile phone payment platform is set to be granted unconditional EU approval despite objections by rivals such as Google.

MADRID PLANS TO INJECT BANKIA WITH DEBT

Spain is planning to provide 4.5 billion euros ($5.65 billion) in stopgap rescue money to Bankia by injecting it with Spanish government debt.

SHELL WOES DETER OTHERS FROM US ARCTIC

Royal Dutch Shell's regulatory problems in the U.S. Arctic are deterring other energy groups with licences in the U.S.' northern oceans.

SANTANDER LAUNCHES $4 BLN MEXICAN IPO

Spanish bank Santander plans to raise up to 3.4 billion euros ($4.3 billion) through the stock market listing of a quarter of its Mexican unit.

DEUTSCHE CUTS EQUITIES SALES STAFF IN ASIA

Deutsche Bank cut 10 percent of its Asian equities sales and trading staff on Tuesday.

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