In today's FT: Dual-track Libor replacement lined up, Bischoff to t...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/YIQXNN/DXHSI4/9LT7GW/6VRT5E/   In today's FT Monday May 13 2013 How useful are FT email briefings to you and what can we do to improve them? Take our short survey Financial Times - UK Homepage   Dual-track Libor replacement lined up A parallel system based on survey-based lending rates alongside transaction-linked indices could come into force as soon as next year http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/20S55C/FW/h?a1=2013&a2=5&a3=12   Bischoff to take his leave from Lloyds Bank could bring in a new chairman before the year-end, ahead of potential timetable for the government to begin selling its 39% stake http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/WHDVVT/FW/h?a1=2013&a2=5&a3=12   Schäuble treaty alert on EU bank plan Declaration just weeks before Commission presents blueprint for single bank resolution agency and rescue fund – touted the second pillar in 'banking union' http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/RP588T/FW/h?a1=2013&a2=5&a3=12   Financial Times - US homepage   Bloomberg alerted to access issue in 2011 Company resolved at the time to end reporters' access to client data and realised that it had not done so only when Goldman called to complain http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/HI6NNH/FW/h?a1=2013&a2=5&a3=12   Sharif prepares for victory in Pakistan poll As results trickle in, the Pakistan Muslim League-Nawaz looks close to achieving a parliamentary majority without the need for coalition allies http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/RP588P/FW/h?a1=2013&a2=5&a3=12   Republicans attack Tea Party tax probes Treasury department report expected to say senior IRS officials knew of misconduct as early as June 2011, according to news agency report http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/WHDVV2/FW/h?a1=2013&a2=5&a3=12   Financial Times - Europe homepage   Top hedge funds bet on Greek banks Groups prove eager to participate in the recapitalisation of the country's banks, with many expecting far better returns than from other wagers on recovery http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/Z8EZZF/FW/h?a1=2013&a2=5&a3=12   Sharif seals third term as Pakistan PM Former leader ousted in military coup wins poll that also marks the first time one democratically elected government has replaced another http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/3CJ44R/FW/h?a1=2013&a2=5&a3=12   Mittal seeks Europe-China trade barriers Steelmaker owner says future of EU manufacturing depends on Brussels helping industry battle what he says is unfair competition from China http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/Q3MGGV/FW/h?a1=2013&a2=5&a3=12   Financial Times - Asia homepage   Sharif under pressure to heal Pakistan As Nawaz Sharif prepares to lead Pakistan, he is being pressed by the military and civilians to curb violence and restore the economy http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/JQ0PPS/FW/h?a1=2013&a2=5&a3=12   Rivals brace for Alibaba global push As the Chinese group continues to build an ecosystem around ecommerce and plans a US listing, the industry expects an attack on foreign rivals http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/87PYYQ/FW/h?a1=2013&a2=5&a3=12   Senior Chinese official faces graft probe A whistleblower is reported to have accused Liu Tienan, a vice-chairman of the economic planning agency, of 'grave violations of discipline' http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/4VRWW5/FW/h?a1=2013&a2=5&a3=12   World News - latest world news headlines - FT.com   Rafsanjani campaign challenges regime It is an open secret in Tehran that supreme leader Ayatollah Khamenei, was opposed to his old comrade running to be elected as president again http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/ULX00S/FW/h?a1=2013&a2=5&a3=12   Doubts surface over 'Latin America decade' Lulled by recent success, Latin America risks taking its eye off the reform ball and losing its way, increasing qualms about the sustainability of its economic model http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/GY8FFV/FW/h?a1=2013&a2=5&a3=12   Israelis demonstrate against spending cuts The finance minister has been lambasted for laying much of the burden of his austerity drive on the military and middle and working-class voters http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/HI6NN8/FW/h?a1=2013&a2=5&a3=12   Blasts highlight Turks' Syria dilemma Ankara blames Syrian intelligence and Turkish collaborators for car bomb blasts that killed at least 46 in Reyhanli. Authorities make nine arrests http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/YGIAZT/FW/h?a1=2013&a2=5&a3=12   Centre-right ahead in Bulgarian poll Exit polls shows Borisov's Citizens for the European Development of Bulgaria, known as Gerb, on 30-32%, compared with the Socialists on 25-27% http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/VTKCC7/FW/h?a1=2013&a2=5&a3=12   Companies news and analysis - FT.com   Aviva in talks to enter rented housing Negotiations with A2Dominion suggests a trend is emerging among the UK's largest corporates to play a more active role in the housing market http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/6ANKK4/FW/h?a1=2013&a2=5&a3=12   BNP Paribas eyes mobile and online banking Start-up is first pan-European bank dedicated to younger mobile phone customers as part of French group's 2014-2016 development plan http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/ULX009/FW/h?a1=2013&a2=5&a3=12   Oil tanker trade grows fastest in a decade Crude being shipped much longer distances as vessels sailing from West Africa and Latin America travel to India and China instead of US http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/GY8FF8/FW/h?a1=2013&a2=5&a3=12   Malaysia to unleash up to $2.6bn in IPOs Deals that have been put on ice amid months of pre-election uncertainty in Malaysia are ready to be revived over the next six months, say bankers http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/MJ2LLG/FW/h?a1=2013&a2=5&a3=12   Decision time looms over ENRC move The seven men who form the independent board of the miner will soon need to make their first key decision on its mooted takeover http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/B4LQQS/FW/h?a1=2013&a2=5&a3=12   Markets   Capital is flowing to the wrong places This boom is driven by fear, and a desire to maximise income safely, but capitalism thrives when some companies are forced to the wall http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/NRATTD/FW/h?a1=2013&a2=5&a3=12   European groups write off record €350m Amount of losses increases 7% in the past year and is the highest level recorded although Nordic countries represent small bright spot http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/1O9MML/FW/h?a1=2013&a2=5&a3=12   Report on commodity trading backfires Trading houses such as Glencore, Vitol and Cargill are not 'too big to fail', says a report commissioned by the banking industry's top lobby group http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/NRATTQ/FW/h?a1=2013&a2=5&a3=12   Bloomberg scrambles to reassure users Clients now asking if group's greatest asset – its ability to generate stories from terminals on almost every trading desk – has become a liability http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/EKBJJO/FW/h?a1=2013&a2=5&a3=12   Regulators expand market fraud net Financial watchdogs seek 'sentiment analysis' software to monitor websites and blog posts for signs of market manipulation and insider trading http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/4VRWW9/FW/h?a1=2013&a2=5&a3=12   Financial Times - Comment   Beyond America's fiscal trench lines Away from the impasse brought about by the politics of attrition are stirrings that could nurture growth, writes Edward Luce http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/T1WOOR/FW/h?a1=2013&a2=5&a3=12   Why America and Europe can't agree The gulf between the two sides is not just a matter of economic analysis. It reflects a difference of culture, writes Philip Stephens http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/4VRWWW/FW/h?a1=2013&a2=5&a3=12   Lawson is right about the UK and Europe A departure need not be a disaster so long as the terms are negotiated with skill and the expectations are reasonable, writes Wolfgang Münchau http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/IEO33Y/FW/h?a1=2013&a2=5&a3=12   Banking union needs firm foundations Carrying out a needed clean-up swiftly and without burdening taxpayers will take more than cross-border supervision, says Wolfgang Schäuble http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/MJ2LLC/FW/h?a1=2013&a2=5&a3=12   How Africa can extract fair value The west has a duty to ensure the region benefits from its resource wealth and surging demand for commodities, writes Paul Collier http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/JQ0PP3/FW/h?a1=2013&a2=5&a3=12   Financial Times - Management   Chairul Tanjung, CT Corporation Lessons learnt as a dental student helped the Indonesian tycoon develop from a store and factory owner to become head of a vast group http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/NRATT7/FW/h?a1=2013&a2=5&a3=12   Grades don't make the grade at the office The obsession about degree class is a national character flaw. My test shows those with firsts are neither better nor worse than those with seconds http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/DXHSS8/FW/h?a1=2013&a2=5&a3=12   Aerial photographer Jason Hawkes combined two passions and takes photographs from a helicopter for architectural companies, publishers and creative agencies http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/MJ2LLN/FW/h?a1=2013&a2=5&a3=12   Being a specialist and managing others Being promoted to management can be a reward for technical expertise but the two skill sets are totally different. which can lead to problems http://link.ft.com/r/YIQXNN/879B2C/QFZDL0/VLNYW7/JQ0PPK/FW/h?a1=2013&a2=5&a3=12   Special Reports - FT.com Innovation and the Economy The Business of Formula One New Trade Routes: Turkey Video Lex Not building enough UK homebuilding has been boosted by government initiatives, and Barratt has described the market as the most favourable in five years â€" but supply is trailing demand. Lex’s Stuart Kirk and Nikki Tait discuss what this means for housebuilders. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..