financial times: Global business: Apple’s Cook to testify in ebooks case, UK watchdog ...

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Global Business
Thursday March 14 2013

Financial Times - Companies

Apple's Cook to testify in ebooks case

Judge claims that chief executive's 'position and closeness' to Steve Jobs leaves him in a unique position to be able to answer questions relating to ebook pricing
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/6ASRPT/D5/h?a1=2013&a2=3&a3=14

UK watchdog warns on bonus cap

Bailey says measure could drive up salary costs at UK banks and undercut moves to improve risk management at the UK arms of overseas institutions
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/OFC2MY/D5/h?a1=2013&a2=3&a3=14

Goldman goes west for shareholder meeting

The decision to move the annual assembly to Salt Lake City underscores the growth of the bank's local office as well as the economic clout of Utah
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/VT5WYS/D5/h?a1=2013&a2=3&a3=14

Ermotti is best paid banker at UBS

Chief executive will depose Robert McCann, head of the bank's lucrative wealth management business, who held the top slot in 2011
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/1OYEJR/D5/h?a1=2013&a2=3&a3=14

América Móvil suffers as reforms sink in

Carlos Slim's group saw its shares fall for the third consecutive day amid concern over Mexico's telecoms and broadcasting reforms
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/PNVA55/D5/h?a1=2013&a2=3&a3=14

Google's head of Android to take new role

Google announced on Wednesday that Andy Rubin would step down as its senior vice-president of mobile to take on an unspecified new role at the company
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/FDLH64/D5/h?a1=2013&a2=3&a3=14

Global banks struggle for profits in Asia

Revenues in traditional investment banking business, such as equity capital raising, have been falling despite the region's healthy growth rates
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/RPA7WD/D5/h?a1=2013&a2=3&a3=14

Drew to testify on JPMorgan trading loss

Ex-chief investment officer and bank's current and former executives will appear before Senate permanent subcommittee on investigations
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/XBWKEF/D5/h?a1=2013&a2=3&a3=14

Blackstone expands capacity to buy US homes

The financial services group has spent more than $3bn since the start of 2012 to buy almost 20,000 houses at depressed prices
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/IEB8CX/D5/h?a1=2013&a2=3&a3=14

African groups seek growth across borders

Africa's largest companies by market cap are expanding into neighbouring countries as competition intensifies across the continent
http://link.ft.com/r/WDI4RR/GYFUME/IY8ZJL/5VH3C1/87RN1T/D5/h?a1=2013&a2=3&a3=14

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