Hints and tips:
...Lloyds has poached HSBC global head of wealth and personal banking Charlie Nunn as its new chief, replacing António Horta-Osório....
...Together they lifted the Nasdaq Composite 4 per cent, ahead of the benchmark S&P 500....
...For many, the story — which some have disputed — was the high-water mark of corporate largesse and one of the catalysts for a decades-long push to crack down on overspending at public companies....
...Lloyd’s text is joined by the latest meadow thoughts from Fergus Garrett, who is now chief executive of the Great Dixter Charitable Trust....
...(Financial Times) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -21.61 (-0.17%) at 12,327 Topix down -1.48 (-0.14%) at 1,039 Hang Seng down -29.44 (-0.13%) at 23,061 US markets S&P 500 up +5.04...
...More positively, Chinese entities continued dipping their toes into the choppy waters of the Square Mile after China Re forged a partnership with quoted Lloyd’s of London insurer Catlin at the end of 2011...
...Lloyds Banking Group was 5 per cent weaker at 29.8p....
...From The Sunday Times, - Barclays board weighs break-up: The storm over Libor fixing has prompted directors to examine a New York spin-off of the investment banking arm - Bolland on rack as M&S...
...Telegraph, - Rupert and James Murdoch under pressure to go: America’s two largest public pension funds have increased the pressure on Rupert and James Murdoch to step down from the board of News Corporation...
...John Lloyd is the FT’s TV columnist...
...john.lloyd@ft.com More columns at www.ft.com/lloyd...
...Wood trades at 28 per cent premium to its peers The broker also poured cold water on recent take-over speculation....
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