Anonymous sources
Financial Times
Alliance to bolster home loans probe - Financial Times
... unit responsible for the taxpayer-owned home loan financiers, signed a co-operation agreement in recent weeks that allows the two investigators to share documents, findings and to pool their resources, according to people familiar with the matter. ...
Chinese shale gas developments herald major US industrial export opportunities - Financial Times
... are trying to increase capacity in anticipation of more fracking projects, but at the same time are facing pricing pressures from several China-based manufacturers of ceramic proppants, said one US-based distributor who declined to be named. ...
Who runs Russia? - Financial Times
The investigator, who asked that his name not be used, pursued this up the chain of command but “received discouraging signals”. He believes someone was protecting Usoyan, keeping his name out of the databases and giving him freedom of movement. ...
Sino-Forest faces battle with bondholders - Financial Times
The company is unlikely to meet the deadline, according to people familiar with the matter, setting the stage for restructuring or liquidation. Having already suffered heavy losses, Sino-Forest's bondholders are in a quandary. ...
Three in payment platform talks - Financial Times
The three companies are set to submit their proposal for the mobile payment platform to European authorities for approval in mid-January, said a person close to the process. However, they have held talks with Three ahead of this to see if there could ...
Obama raises stakes over $200bn stimulus renewal - Financial Times
“Our view is that nothing is agreed until everything is agreed,” a senior administration official said, adding that it was “preposterous” to claim that there wasn't enough time to have everything wrapped up before the holidays.
ENRC hit by wrongful dismissal claim - Financial Times
His claim seeks damages of about $1m, according to a person close to Mr Balgarnie. The case is pending in the high court where it has been recently filed but not yet acknowledged. The departure of Mr Balgarnie, a former investment banker at Morgan ...
Summit veto divides UK business community - Financial Times
A senior figure in British industry, who asked not to be named, said it was “deeply disturbing to think of 26 people talking in one room about the single market and we are left outside without any influence on regulation”. In a letter to the Financial ...
Lloyds chief is having to reapply for own job - Financial Times
“As you can imagine, Win has been bombarded by every shareholder imaginable,” said a person close to the process. “That will have coloured his views.” Shareholders have expressed serious doubt about whether the Portuguese banker, whose stress is said ...
CVC faces $2bn loss as debt talks fail - Financial Times
... out of the hands of the senior creditors, Goldman now plans to convert its junior debt into equity in a move meant to appeal to senior creditors concerned at how much of a debt burden Nine carries, according to a person familiar with the matter. ...
Companies await India's Vodafone tax ruling - Financial Times
The ruling is due “any day now”, according to one lawyer following the case, who asked not to be named. Legal experts believe India's increasingly aggressive tax authorities will quickly bring similar proceedings against other western businesses, ...
A handbag? That will be $203150 - Financial Times
The buyer was a private collector, who chose to remain anonymous. The price included a buyer's premium of 19.5 per cent. The luxury auction included a selection of 550 of the world's most lavish designer handbags, from brands including Céline, ...
Lloyds to sell £900m of property loans - Financial Times
However, a person close to the process said it was very unlikely there would be further impairments made to the value of the portfolio. The bank had received interest from dozens of private equity groups, opportunistic buyers and pension funds after ...
Canal Plus loses football rights to Al Jazeera - Financial Times
The financial details of the deal were undisclosed, but a person close to the talks said the Qatari broadcaster had offered twice as much as the amount Canal Plus was paying for the four packages, which include the rights to televise 133 matches per ...
Dubai eyes refinancing of $10bn in state debt - Financial Times
“We are working hard to meet all our liabilities but times are different,” a senior government official said. “We are more confident we can negotiate a commercial deal with bondholders.” Dubai was plunged into crisis almost two years ago when it ...
Kremlin targeted by election protests - Financial Times
“This is suspicious, obviously,” said one sociologist who asked to remain anonymous. The OSCE delegation's critique was a sharp escalation from previous years when observers cited few instances of personally witnessed fraud, instead focusing on ...
Putin loses majority in Russian vote - Financial Times
But the official result in Moscow after 97 per cent of the ballots were counted totalled 46.5 per cent. “this is suspicious, obviously” said one sociologist who asked to remain anonymous. Please don't cut articles from FT.com and redistribute by email ...
Equity Residential to take stake in Archstone - Financial Times
The bankrupt investment bank has a brief period to respond but has roughly 50 days to put up the money, the source said. Lehman also would have to be presented to bankruptcy court. A representative of Lehman could not be reached for immediate comment.
Commercial Metals/Icahn strap in for long 'cat fight' - Financial Times
But it may turn to a proactive sale effort depending on how serious Icahn's offer gets, these sources said. One of the sources said it was his understanding that CMC's financial advisor, Goldman Sachs, has been making outgoing calls on the name for the ...
SEC to analyse private equity valuations - Financial Times
The Securities and Exchange Commission is to begin analysing how private equity firms value their investments as part of a series of initiatives designed to uncover wrongdoing, people familiar with the matter say. ...
CoreLogic's complex sale process advances - Financial Times
... driven situations to investors. www.dealreporter.com CoreLogic (NYSE:CLGX) has been holding management presentations with potential suitors in recent days, said a source, a person familiar with the matter and an industry source told dealReporter. ...
RBS to pay $52m to settle subprime claims - Financial Times
Settlements with other companies are expected, people familiar with the matter have said. “The securitisation of subprime loans by investment banks is a major cause of the economic crisis,” Ms Coakley said. “The only way we are going to return to a ...
Democrats defiant on payroll tax cuts - Financial Times
“We're going to continue to put pressure on them to do everything we can go make sure the payroll tax gets extended,” a senior administration official said. “I don't think there are many people out there in American who are saying 'I can withstand a ...
Yahoo hopes to breath life into core business - Financial Times
Yahoo would use the cash from selling a large minority stake in the company to pay for deals that could breathe new life into its existing internet properties, according to a person close to the situation. ...
Vale's giant carriers whip up a storm - Financial Times
The Vale Brasil, the first of a proposed fleet of 35 “Valemaxes”, as the vessels are known, has been unable to dock in China since coming into service in May because of the dispute, according to a person familiar with the matter. ...