Anonymous sources
Financial Times
Feelings run high in Goodwin's home town - Financial Times
“They should have taken away his pension and his millions – the knighthood is not going to make much difference to him,” said a sales assistant in a discount bookseller, who declined to give her name. But Tim Kinvig, an airline pilot, thought removing ...
Putin orders share buy-back - Financial Times
“They're clearly stepping up an effort to attract foreign investment and today Putin took another step to deliver a more concrete plan,” said one western investor who did not wish to be identified. “But until the government is self-confident enough ...
Gamble on Gingrich yet to pay off - Financial Times
Mr Adelson and Mr Gingrich first met at a reception at the US Capitol in October 1995, and “hit it off immediately”, according to a person close to Mr Adelson. Over the years, the ties between the two men have deepened – but it was Mr Gingrich's stance ...
Putin orders share buyback - Financial Times
“They're clearly stepping up an effort to attract foreign investment and today Putin took another step to deliver a more concrete plan,” said one western investor who did not wish to be identified. “But until the government is self-confident enough ...
PetroChina buys Shell shale gas assets - Financial Times
He declined to comment on the value of the deal, which a person close to the transaction said was worth more than $1bn. The deal is also a welcome victory for PetroChina in Canada after the failure last year of its tie-up with Encana, a Canadian energy ...
Glencore and Xstrata close to $80bn merger - Financial Times
The deal could be announced as soon as early next week ahead of Xstrata's annual results on Tuesday, according to a person familiar with the discussions. “The companies are closer to a merger than [at] anytime in the last five years,” the person with ...
ANC to debate role of state in economy - Financial Times
I don't believe it's going to be different for the next two years,” says another business executive, who asked to remain anonymous. One of the rare bright spots is the ATS 2000 factory on the edge of Alexandria township. It is now a hive of activity.
Ex-Credit Suisse traders face US charges - Financial Times
... Credit Suisse traders are to be hit with criminal charges for allegedly mispricing mortgage-related securities that resulted in a $2.8bn writedown by the bank at the height of the financial crisis, according to people familiar with the matter.
Cameron seeks to appoint SNP peer - Financial Times
Meanwhile, a government official said yesterday that plans by Nick Clegg, deputy prime minister, to turned the upper chamber into a mainly elected house from 2015 would move a step closer this year, with the reform bill set to feature in the Queen's ...
Yahoo: Alibaba remains in complicated split talks - Financial Times
... driven situations to investors. www.dealreporter.com Alibaba Group is in discussions with private equity firms to find an asset that would facilitate a transaction with Yahoo (NASDAQ: YHOO), two people familiar with the matter told dealReporter.
Dassault wins $20bn Indian fighter jet contract - Financial Times
“Rafale is the most competent contender,” said a person close to the negotiations at India's MoD. After trials last year, India had selected the Rafale and the multinational Eurofighter Typhoon to compete in the final stages of the competition.
White House to ease IPO path - Financial Times
... regulations for smaller companies, ease the path towards initial public offerings and allow companies to raise funds from individual investors without the usual restrictions on selling securities, according to people familiar with the matter.
RBS scrambles to revise bonuses system - Financial Times
“We need to start wrestling with how we stop this happening again next year,” said a person close to the board. One plan being considered would increase the transparency and objectivity of the metrics used to calculate bonuses.
Banks set to double crisis loans from ECB - Financial Times
Three bank chief executives, all of whom asked to remain anonymous, said they were planning to increase their participation twofold or threefold. Goldman Sachs has told clients that banks could ask for twice as much in the February auction as in ...
Rank in £250m indicative bid for Gala casinos - Financial Times
The company hopes to broaden the appeal of the Gala venues to under-35s and women, as it has been doing with its own casinos, according to a person close to the company. “Rank is against the old idea of [a casino having] just gambling tables and a few ...
McGraw-Hill preps education auction, sources say - Financial Times
... focused on providing insightful intelligence on event driven situations to investors. www.dealreporter.com The McGraw-Hill Companies (NYSE:MHP) is putting its education business on the block, three sources briefed on the matter told dealReporter.
California spurns $15bn in mortgage aid - Financial Times
Bank of America had guaranteed California borrowers would receive $8bn in mortgage aid, while Wells Fargo and JPMorgan Chase committed at least $5bn to the state's distressed homeowners, according to people familiar with the matter, who declined to ...
Japan to inject $12.9bn into Tepco - Financial Times
... government will inject Y1,000bn ($12.9bn) of fresh capital into Tokyo Electric Power (Tepco), owner of Fukushima Daiichi nuclear power plant, effectively nationalising the financially-strapped utility, according to people familiar with the matter.
Roche makes $5.7bn hostile bid for Illumina - Financial Times
According to people familiar with the matter, discussions between the two companies began in early December, with Illumina rejecting a $40 a share offer from Roche earlier this month. Illumina shares closed 3.79 per cent higher on Tuesday at $37.69.
Blackstone raises $6bn for new property fund - Financial Times
By Anjli Raval and Dan McCrum in New York Blackstone Group has secured more than $6bn in pledged capital for a new property fund, largely comprised of distressed assets, according to a person familiar with the matter. The New York-based private equity ...
Hedge funds trailing key level to charge fees - Financial Times
Citadel's Kensington and Wellington funds passed the hurdle after rising 20 per cent last year, and then adding a further 2.5 per cent in the first three weeks of January, according to a person familiar with the situation. Such managers dealing with ...
First senior departure at Glencore since IPO - Financial Times
Mr Blumgart will leave within the year, according to people familiar with the matter. Mr Blumgart is co-head of aluminium and a member of the 13-strong management committee that runs Glencore's day-to-day business, together with chief executive Ivan ...
Hollande faces leadership test - Financial Times
“But there is a leadership issue,” acknowledges a person close to the socialist camp. “He's very astute politically and very determined. But he always looks for compromises.” This trait has over the years earned Mr Hollande a number of sobriquets, ...
Four banks set to bid for mortgage securities - Financial Times
The auction is scheduled to take place on Thursday, with BlackRock Solutions managing the sale, according to people familiar with the matter. The four banks and the New York Fed declined to comment. The securities, which have a notional value of $7bn, ...
BP in talks with Petroplus - Financial Times
The oil and gas group has been in talks with Petroplus, Europe's largest independent refiner, to ensure the supply of gasoline, diesel and other refined products from the Coryton refinery in Essex, according to a person familiar with the situation. ...