Andy Haste Leads Private Equity Bid For Direct Line - Report
Andy Haste, the former chief executive of RSA Insurance Group PLC (RSA.LN), is leading a private-equity consortium looking to bid for Direct Line Group, the insurance business being sold by Royal Bank of Scotland Group PLC (RBS.LN), the Sunday Telegraph reported.
Lloyds Banking Group To Speed Up Ring-Fencing Plans - Report
Lloyds Banking Group PLC (LYG) is set to signal that it will bring forward its so-called "ring fence", or separation of retail and investment banking, ahead of the 2019 deadline demanded by the Independent Commission on Banking, the Sunday Telegraph reported.
Michael Rake, Rich Ricci Shun Top Posts At Barclays - Reports
Barclays PLC (BCS.LN) Deputy Chairman Michael Rake has shunned the chance to become chairman of the beleaguered bank, and Rich Ricci, Chief Executive of Barclay's investment banking arm, pulled out of the race to become CEO of the parent company, U.K. newspapers reported Sunday.
Credit Suisse Won't Split Off, Sell Investment Bank - Rohner
Credit Suisse Group (CS) President Urs Rohner said the bank has no plans to split off, or sell its investment bank business, according to an interview in the Neuer Zuercher Zeitung.
Sky Deutschland CEO Sees Second Quarter Operating Profit - Report
Pay-TV operator Sky Deutschland (SKYD.XE) expects to post an operating profit in the second quarter, Chief Executive Officer Brian Sullivan told Frankfurter Allgemeine Zeitung in an interview published Sunday, confirming a report earlier this month.
ENRC Close To Buy Out Of Gertler From Congo Operations - Report
Kazakhstan miner Eurasian Natural Resources Corp. PLC (ENRC.LN) is close to a deal to buy out Dan Gertler from his 49.5% stake in a copper mine in Congo, the Sunday Times reported, without citing sources.
Reds' Cueto eyes 12th win, sweep of Brewers
Staff ace Johnny Cueto can equal his career high in victories and give Cincinnati a series sweep today, when the Reds host the Milwaukee Brewers in the finale of a three-game set at Great American Ball Park.Cincinnati won its second straight over the Brewers and seventh of nine since the All-Star
Bellucci knocks of Tipsarevic for Swiss Open crown
Thomaz Bellucci of Brazil rallied for a three-set win over Serbia's Janko Tipsarevic to capture the title at the Swiss Open Gstaad.
Johnson defends gun rights, calls alleged shooter 'sick, demented, evil'
GOP Sen. Ron Johnson on Sunday defended Americans’ rights to own guns following the Colorado massacre and calls for tougher weapons laws, saying the real issues are the shooter is a “sick, demented, evil individual” and how the country deals with such people.
As more cities tip toward insolvency, Vallejo offers mixed picture of life after bankruptcy
With two California cities recently filing for bankruptcy, a third about to and others in trouble, leaders of financially embattled towns are looking to Vallejo for an example of what good — and bad — can come from a Chapter 9 filing.