On FT Alphaville this morning,
- The whole of Asia took a tumble, but European markets remained unruffled.
- The banks are squabbling over BHP Billiton. There’s a bad taste left in some boardrooms, says Lina Saigol. And, on the BHP end, are things starting to get political?
- Is it a bid? Is it a proposal? The Luqmanites are coming for Rock.
- The FT’s Tony Jackson reckons there’ll be a flurry of private equity deals ahead of next Tuesday’s new industry code of practice.
- And despite a fall in Hong Kong, worries about SIVs and a weekend of bad news, HSBC keeps its composure. A statement is due tomorrow from the bank.
On FT.com this morning,
- BHP announces plans for a $30bn share buy-back if it wins Rio
- Hugh Osmond is set for a victory in the battle for Resolution after rival bidder Standard Life walked away.
- Crude oil prices slipped as markets entered the week that will end with a crucial historic meeting of OPEC
- And financials are holding steady in London after weeks of losses.
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