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<channel>
	<title>FT Alphaville</title>
	<link>http://ftalphaville.ft.com/blog</link>
	<ft:rsslink>http://ftalphaville.ft.com/blog/feed/</ft:rsslink>
	<description>FT Alphaville from FT.com</description>
	<copyright>Copyright The Financial Times Ltd 2006. "Alphaville", "FT" and "Financial Times" are trademarks of the Financial Times.</copyright>
	<webMaster>help@ft.com</webMaster>
	<pubDate>Tue, 24 Nov 2009 17:33:38 +0000</pubDate>
	<lastBuildDate>Tue, 24 Nov 2009 17:33:38 +0000</lastBuildDate>
	<ttl>15</ttl>
	<category>Newspapers</category>
	<image><url>http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gif</url><title>FT.com - Alphaville</title><link>http://www.ft.com/home/uk</link></image>
	<language>en</language>
				<item>
		<title>UBS is not a &#8220;below average&#8221; bank</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/85066/ubs-is-not-a-below-average-bank/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/85066/ubs-is-not-a-below-average-bank/</guid>
		<description><![CDATA[Swiss bank UBS has responded to Monday's report from Standard & Poor's, which you may recall  ranked 45 of the world's leading banks according to their  risk-adjusted capital (RAC) ratios.

By S&P's reckoning, UBS was near the bottom of the pile, with a RAC ratio of 2.2 per cent. In contrast, S&P gave HSBC a 9.3 per cent ratio,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/85066/ubs-is-not-a-below-average-bank/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 17:33:38 +0000</pubDate>
			</item>
			<item>
		<title>Call off the search, Sports Direct edition</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/85031/call-off-the-search-sports-direct-edition/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/85031/call-off-the-search-sports-direct-edition/</guid>
		<description><![CDATA[It's over.

After a two and half year search, the UK's biggest sports retailer has finally found someone brave enough to take on the job of chairman.

From RNS on Tuesday.

Sports Direct International plc today announces the appointment of Dr Keith Hellawell QPM as non-executive Chairman of the Board with immediate effect....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/85031/call-off-the-search-sports-direct-edition/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 15:23:37 +0000</pubDate>
			</item>
			<item>
		<title>M&#038;A boardroom buddies work both ways</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84971/ma-boardroom-buddies-work-both-ways/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84971/ma-boardroom-buddies-work-both-ways/</guid>
		<description><![CDATA[Maybe Jorge Cosmen, deputy chairman of National Express, should have waved this paper in front of the board of the UK transport group.

Transactions involving companies sharing board members perform significantly better than other deals, according to a study published earlier this year by researchers at the University of North Carolina....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84971/ma-boardroom-buddies-work-both-ways/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 10:45:55 +0000</pubDate>
			</item>
			<item>
		<title>Memo to Mike Lynch</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84976/memo-to-mike-lynch/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84976/memo-to-mike-lynch/</guid>
		<description><![CDATA[Please stop clogging up the Regulatory News Service with puffery like this:

Exhibit A Cambridge, UK and San Francisco, Calif. - Nov. 24, 2009 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that it was named one of the top 100 companies in the digital content industry by EContent Magazine....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84976/memo-to-mike-lynch/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 10:30:15 +0000</pubDate>
			</item>
			<item>
		<title>Leverage and the Lloyd&#8217;s List</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84966/leverage-and-the-lloyds-list/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84966/leverage-and-the-lloyds-list/</guid>
		<description><![CDATA[Here's a blast from the past.

Remember Informa, publisher of the Lloyd's List and The Earthmover & Civil Contractor Magazine?

The last time Alphaville wrote about the company it was the subject of a leveraged takeover bid from a private equity consortium, that was eventually credit crunched.

How things change....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84966/leverage-and-the-lloyds-list/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 09:50:39 +0000</pubDate>
			</item>
			<item>
		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/</guid>
		<description><![CDATA[Elsewhere on Tuesday,

- Five suggestions for fixing Wall Street.

- "Roubini's okay but he's not as good as me".

- The world according to Americans.

- Citi: the commodity collapse could be "Subprime Part II".

- Amusing reports: Dimon for US Treasury secretary?

- The cure to Goldman's PR troubles:...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 07:55:02 +0000</pubDate>
			</item>
			<item>
		<title>Snap news</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84936/snap-news-394/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84936/snap-news-394/</guid>
		<description><![CDATA[Breaking pre-market news on Tuesday,

- Lloyds Banking Group announces terms of 1.34 for 1 rights issue, priced at 37p per share - statement.

- Informa confirms it is in discussions about acquiring Springer Science and Business Media - statement.

- Aviva exercise of over-allocation option for Delta Lloyd IPO increases freefloat from 38.3 per cent to 41.1 per cent - statement....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84936/snap-news-394/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 07:28:39 +0000</pubDate>
			</item>
			<item>
		<title>Informa eyes deal for Springer</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84906/informa-eyes-deal-for-springer/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84906/informa-eyes-deal-for-springer/</guid>
		<description><![CDATA[Informa, publisher of Lloyd’s List, has held talks with its rival Springer Science and Business Media over buying the German academic publisher whose private equity owners are looking to sell the whole business at a reduced valuation. Springer, owned by UK buy-out groups Candover and Cinven, was initially negotiating with key private equity rivals to sell a stake of as much as 49% for about €400m....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84906/informa-eyes-deal-for-springer/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 04:47:58 +0000</pubDate>
			</item>
			<item>
		<title>China’s Haitong buys HK rival</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84876/chinas-haitong-buys-hk-rival/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84876/chinas-haitong-buys-hk-rival/</guid>
		<description><![CDATA[China’s Haitong Securities has become the first mainland brokerage to acquire an overseas rival after agreeing to buy Hong Kong’s Taifook Securities for at least HK$1.8bn (US$235m). The deal is likely to be followed by other cash-rich mainland groups, which are anxious to gain a foothold in Hong Kong in preparation for the relaxing of rules which will allow investors north of the border to directly invest in the territory’s stock market.]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84876/chinas-haitong-buys-hk-rival/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 04:35:09 +0000</pubDate>
			</item>
			<item>
		<title>Kumho selects buyers for Daewoo</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84871/kumho-selects-buyers-for-daewoo/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84871/kumho-selects-buyers-for-daewoo/</guid>
		<description><![CDATA[A consortium led by an Abu Dhabi investment fund and a group led by a US builder were on Monday selected as preferred bidders for a controlling stake in South Korea’s Daewoo Engineering & Construction. Kumho Asiana Group – a South Korean conglomerate – said it would enter detailed negotiations with Jabez Partners and TR America over the sale of its stake of 50% and one share - worth about $2.8bn - in South Korea’s third-largest builder.]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84871/kumho-selects-buyers-for-daewoo/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 04:33:38 +0000</pubDate>
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