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Lunch Wrap

On FT Alphaville this morning,

- B&B: the Bungle Bank.

- And why a lifeboat has been launched to save it.

- A roundup of the UK banking sector, with all the latest analyst comment, in Markets Live.

- Macro strategy for the day: a buyers strike in European equities.

- …Even though Japan still looks good for stocks.

- ABS up? The covered bond hits Barcap.

- And triple A: where are they now?

On FT.com,

- UBS confirms further writedowns.

- Origin tells shareholders to reject BG bid.

- Sales fall accelerates at John Lewis.

- And the euro stabilises after sharp falls on Thursday.

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