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Lunch Wrap

On FT Alphaville this morning,

- The next gangster alert: the oil price.

- Does HBOS have a deposit for the Bank of England?

- More on the banks as always, and a little Carphone Warehouse, in Markets Live.

- What’s going on with JGBs?

- In search of a recession-proof industry.

- Are bank chiefs getting franker?

- RIP the bond rally and TSLF success in further reading.

On FT.com,

- M&B is in discussions with private equity investors about the sale of a sizable stake.

- SCi is raising £60m in a new share offer, up to a quarter of which will be taken by Time Warner’s Warner Bros arm.

- WPP reported a weaker performance in several European markets in March.

- Ericsson shares soared despite the telecoms equipment manufacturer revealing that first quarter profits had halved.

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