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Lunch Wrap

On FT Alphaville this morning,

- No first quarter profit at Credit Suisse after “intentional misconduct.”

- There’s a new sheriff in town. The Markets Live team are in pursuit of a bank robber.

- What to make of Deutsche’s reported interest in Bear Stearns.

- And it’s back to the future at Rentokil. Sir Gerry must be fuming.

- Allianz admits that forecasting bank earnings has become a meaningless endeavour.

- Why are banks still lending in the emerging markets?

- Old, self-satisfied and inbred. Gapper on Bear.

- Add it to next year’s holiday pile. Meltdown, the book.

- And they’ve all rolled over in the CDS market.

- Is the credit crunch now effecting the weather?!

On FT.com,

- John Tiner, former FSA chief executive, has joined the board of New Star Asset Management.

- Emergency lending to UK banks is to be maintained for the rest of the month, says the BoE.

- The CEO of Air France-KLM warned the trade unions that there’s little room for manoeuvre in the Alitalia takeover.

- Police investigators have raided the Moscow offices of TNK-BP as part of a criminal probe.

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