Monte dei Paschi seeks to close scandal
Tuscan bank’s new management finds ‘clear errors’ in accounting but says the three derivatives trades in question were the only deals unaccounted for FT.com – European companies…
Daimler issue cautious outlook for 2013
Car and truckmaker declines to say when it will reach its long-term divisional profit targets as it foresees ‘significantly worse market conditions’ FT.com – European companies…
Banks keen to reach Libor settlements
With up to 20 institutions under investigation globally, many would like to agree a deal sooner than later but talks with regulators will take time FT.com – European companies…
Record of trader talk to haunt RBS
Filings portray casual banter over rate-fixing on bank’s desks as it admits manipulating Libor rate and agrees to pay £390m fine FT.com – European companies…
Elan / Biogen: where are the drugs?
The Ireland-based biotechnology group has been looking for a strategic direction to take for several years. Now that it has sold its main drug, it needs a new plan soon…
Aer Lingus continues to fend off Ryanair
Irish flag carrier’s board restated its opposition to any proposed takeover as it reported a 41% rise in underlying operating profit in 2012 FT.com – European companies…
German groups urged to cap executive pay
Government commission wants to see limits imposed on boardroom wages and bonuses but said each company must decide the curbs for themselves FT.com – Companies, Europe…
German groups urged to cap executive pay
Government commission wants to see limits imposed on boardroom wages and bonuses but said each company must decide the curbs for themselves FT.com – European companies…
KPN: Slim pickings
The Dutch telecoms company has unleashed a larger-than-expected rights issue plan. But will €4bn be enough? FT.com – European companies…
UBS to buy back SFr5bn of debt
The Swiss bank is to buy SFr5bn of its own debt a move it said would cut funding costs but could lead to a loss in the first quarter of…
