Hints and tips:
...Within two days RBS, which had protested that it did not need more capital, was back at the Treasury....
...The figures are the latest sign financial stress is beginning to rise for corporate borrowers, led by US oil and gas companies....
...The embarrassment will hurt RBS more than the fines....
...(Financial Times) RBS restructuring options set to be curbed by EU rules: “UK options to restructure Royal Bank of Scotland are set to be constrained by EU rules that would effectively stymie any attempt...
...£100m magazine sale profits back to Corporation From The Independent on Sunday, - Regulator blocks Network Rail board’s bonus plans - Npower and E.ON set to hike prices as cost of wholesale gas...
...JPMorgan Chase this year bought RBS Sempra’s global oil, metals, coal and European power and gas businesses and its book of North American natural gas and power deals....
...Analysts say that companies with strong exports like Pan American Energy or Transportadora de Gas del Sur could also be candidates....
...Mr Staley said the US power and natural gas business was nowadays the bank’s “most mature area” in commodities, a situation he promised to change....
...Doha is also looking to seal long-term gas supply contracts to China, where demand for natural gas has held up better than in recession-hit western markets....
...Linn Energy, an oil and gas company based in Texas, this month issued a $250m high-yield bond deal using six bookrunners: BNP Paribas, RBC Capital Markets, RBS, Calyon, Barclays Capital and Citigroup....
...Citigroup, RBS Greenwich, Bank of America and Barclays Capital were joint bookrunners....
...Hill has been asked to stay on until a suitable replacement can be found – a somewhat surprising choice given that BG is a rival for Egyptian gas....
...Oil and gas explorer Taghmen Energy jumped 34.3 per cent to 70½p after revealing its well in Guatemala has hit hydrocarbons....
International Edition