Breaking pre-market news on Wednesday,

- Bank of America to spin off private equity unit – FT.

- Bank of England minutes unlikely to show shift towards rate hike – Reuters.

- RBS to restructure investment banking team, sources say – Reuters.

- Hanover Insurance makes 53.3p a share offer for Chaucer – statement.

- Catlin insurance estimates Japan-related losses at bet $200m – statement.

- Corporate: Home Retail Group, Rosneft, Chemring, Xstrata, Sage Group, Pinewood Shepperton, Tate & Lyle, Meggitt, Centrica, Bunzl, Virgin Media, Fidessa.

 

This entry was posted by Tracy Alloway on Wednesday, April 20th, 2011 at 7:51 and is filed under Capital markets, M&A, People. Tagged with bank of america, bank of england, Catlin, Chaucer, Japan earthquake, rbs. Edit this entry.