Monday, July 1, 2013

Reuters: Regulatory News: PRESS DIGEST - Financial Times - July 2

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Reuters: Regulatory News
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PRESS DIGEST - Financial Times - July 2
Jul 2nd 2013, 00:13

July 2 | Mon Jul 1, 2013 8:13pm EDT

July 2 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

Rothschild set to advise on split of RBS

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'Very excited' Carney makes early start at auspicious time

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Rothermeres eye greater control of DMGT

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Clegg threatens to derail David Cameron's EU referendum plan

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French competition watchdog probes Apple resale practices

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Allied Irish Banks viewed as reckless as Anglo, calls reveal

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EasyJet investors set to back jet order

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Overview

The British government is set to name Rothschild to advise on potentially splitting up Royal Bank of Scotland into a good bank and a bad bank.

Mark Carney, the Bank of England's new governor, reported for duty before seven in the morning and told reporters he was "very excited about getting started."

Viscount Rothermere has made a move to consolidate his control over Daily Mail and General Trust with an approach to buy out the outstanding voting shares in the company from his uncle and other holders.

Nick Clegg said his party did not support Prime Minister David Cameron's planned 2017 referendum on EU membership.

The French antitrust watchdog has carried out a search of Apple Inc's premises and also those of some of its French retailers and distributors as part of an investigation into the company's resale practices.

Allied Irish Banks was seen to be just as reckless in its lending as Anglo Irish Bank in the run-up to Ireland's financial crisis, according to remarks between senior bank executives broadcast on Monday.

EasyJet shareholders are planning to back a multibillion-dollar aircraft order, going up against the company's estranged founder Sir Stelios Haji-Ioannou who is opposed to the deal.

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