Reuters: Regulatory News: PRESS DIGEST - Financial Times - July 29

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 - July 29 Jul 29th 2013, 00:43 July 29 | Sun Jul 28, 2013 8:43pm EDT July 29 (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 Treasury pledges extra 2 mln stg for Barclays probe () China to freeze trade probes in solar deal () Publicis and Omnicom reshape ad world () Brussels gets tough on Monte dei Paschi () Loescher's Siemens tenure looks tenuous () Burford Capital takes stake in Manolete () Overview Britain's Serious Fraud Office (SFO) is expected to receive about 2 million pounds ($3.07 million) from the UK Treasury to support its criminal probe into the dealings between Barclays Plc and Qatar Holding, people familiar with the matter said. China will drop investigations into European wine and polysilicon exports as part of a landmark deal with the European Union to settle a dispute over solar panels, according to a senior EU official. Publicis Groupe SA and Omnicom Group Inc revealed on Sunday plans to merge to create the world's biggest advertising group, worth $35.1 billion, surprising analysts who had warned of client conflicts, regulatory risks and culture clashes. The European Union commissioner Joaquín Almunia told Italy's finance minister Fabrizio Saccomanni that the proposed restructuring plan for Monte dei Paschi di Siena is too soft on executive pay, cost-cutting and treatment of creditors and that without "urgent" changes he would launch a full-blown EU probe. Siemens AG said in a statement late on Saturday that its supervisory board will this week "decide on the early departure of the president and CEO", indicating that Chief Executive Peter Loescher's days are numbered, after the German engineering group this week issued its second profit warning this year. Burford Capital Ltd, a London-listed fund that finances lawsuits in return for a cut of any payouts, has become a shareholder in insolvency specialist Manolete Partners. 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