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FT.com news
Shinhan Bank in complaint on parent's head
CD&R to buy Univar stake from CVC
RBS cuts further 3,500 jobs
Lehman to prepare banks for sale
FT.COM
Shinhan Bank in complaint on parent's head
Bank files a complaint with Seoul authorities against the chief executive of Shinhan Financial Group, its parent and South Korea's largest financial company
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CD&R to buy Univar stake from CVC
US private equity group is to buy a 42.5 per cent stake in the chemicals distribution group in a deal valuing the company at $4.2bn
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RBS cuts further 3,500 jobs
Royal Bank of Scotland is axing another 3,500 jobs, taking to almost 27,000 the number of staff cut since Stephen Hester took over as chief executive of the troubled UK bank
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Lehman to prepare banks for sale
Lehman Brothers, the bankrupt investment bank, said it intends to use some of its cash to recapitalise two subsidiary banks to prepare them for sale
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Fuld criticises Fed for letting Lehman fail
Dick Fuld, the former chief executive of Lehman Brothers, squared off against Federal Reserve officials and his former peers on Thursday as he argued that his investment bank could and should have been saved
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Accident Exchange plans to go private
Courtesy-car provider that moved to the official list in 2006 after less than three years on Aim plans to delist after a refinancing that will dilute shareholders
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SEC charges fund manager with insider trading
A former hedge fund manager was charged by the Securities and Exchange Commission with making a $14m profit based on inside information allegedly passed to him by a pharmaceutical executive ahead of a takeover in 2007
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Santander worst for banking complaints
Santander has emerged as the bank with the highest proportion of customer complaints in the UK, with gripes about its banking service flooding in at the rate of one every minute during the first half of this year
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Hargreaves boss hits out at fund managers
Chief executive of UK's biggest retail broker marks final day at helm by reporting 18% increase in full-year profits and announcing a second special dividend payment
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Chilton hires star to front Europe assault
Frederic Gautier to spearhead US hedge fund's move to grow investments after European debt crisis and difficult domestic markets kept many fund managers away
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Getco to hire head of NYSE Arca Europe
Virginie Saade is set to head sales for Getco Execution Services, a type of 'dark pool' share trading platform that the US-based market-making and high-frequency trading firm launched in June
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RPS acquires Boyd Exploration Consultants
The Canadian gas and oil consultancy, which recently bought Aquaterra and will pay up to C$13.9m in cash for Boyd, announces plans to move into the potash industry
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Veteran fund chief quits at Gartmore
The intrigue surrounding fund manager Gartmore has escalated after one of its longest serving fund managers quit the company
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GLG chief to become Man Group COO
Emmanuel Roman, the co-chief executive of hedge fund GLG Partners, will become the new chief operating officer of Man Group under a plan to acquire the fund manager
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G.H. Financials gets remote access to Japan
London-based group offering traders access to derivatives exchanges becomes the first such company to secure entry to the Tokyo Financial Exchange with no office in Japan
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