UBS fights legal claim by Kuwaiti royal
Suit by Sheikh Meshal Jarah al-Sabah claims the Swiss bank failed to pay him $ 21.4m for helping secure a $ 10.7bn corporate deal FT.com – European companies…
Julius Baer in talks for $2bn BofA unit
Swiss bank in talks with BofA to acquire international wealth management business, with about $ 90bn of assets, the US bank acquired in its merger with Merrill Lynch FT.com –…
European advertising spending off target
A slump in Spain, Portugal and Greece will almost bring overall growth in the region’s media market to a halt, with eurozone woes hitting marketing budgets FT.com – European companies…
Euro’s Greek honeymoon shortlived
Optimism from Athens over poll result swiftly deflated by dismal bad bank loan figures from Spain that underlined the country’s woes FT.com – European companies…
Greece / eurozone: election sideshow
The election has rendered Greece a sideshow in the eurozone crisis as real action is elsewhere FT.com – European companies…
Melrose in talks to buy Elster Group
Engineering turnround specialist is in discussions with German manufacturer of utility meters for an all-cash deal, but said it would not progress without board approval FT.com – European companies…
Index shrugs off European tech fears
The capital investor has raised a €350m fund aimed at early-stage technology, bringing its total raised in the past 12 months to €1bn FT.com – European companies…
Discord threatens EU patent decision
Attempts to create a unified patent system could be set back by a decade if member states fail to agree a final package by the end of June FT.com –…
Spanish savers mauled by bank debacle
Bankia saga prompts angry savers to consult lawyers, and is expected to lead to a flood of lawsuits that will cause new headaches for Madrid FT.com – European companies…
Moody’s cuts Nokia debt to ‘junk’
Rating agency warns further downgrades are possible if the group’s cash falls below €3bn, while separately Fitch warns it is ’running out of time’ FT.com – European companies…
