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

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PRESS DIGEST - Financial Times - March 5 Mar 5th 2013, 01:22 March 5 | Mon Mar 4, 2013 8:22pm EST The Financial Services Authority is set to crack down on asset managers using investors' money to pay for access to chief executives. The City's big banks are weighing a lawsuit against the EU over rules to cap bonuses. Vince Cable has called for a review of the government's funding for lending scheme after the initiative failed to prevent a slump in lending during the final quarter of last year. Ray Conner, the head of Boeing Co's commercial aircraft business, backed the company's decision to stick with a controversial new battery type for the 787 Dreamliner. HSBC has all but ruled out moving its headquarters to Hong Kong despite the threat of new European bonus restrictions.

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