Global business: Stephen Hester: Anatomy of a departure, Chancellor ‘...


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Financial Times
Global Business
Friday June 14 2013

Companies news and analysis - FT.com
 
Stephen Hester: Anatomy of a departure
As April and May progressed, RBS board became convinced that a change of leadership was needed – not after reprivatisation in 2015 or beyond, but before
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/9MLZHI/B7/h?a1=2013&a2=6&a3=14
 
Chancellor 'clear' on vision for RBS
Among the possible options, none guarantees that bank will achieve the definitive measures of success: sustainable profitability and reprivatisation
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/EK8WOV/B7/h?a1=2013&a2=6&a3=14
 
EU probes Google over Android licensing
Antitrust watchdog asks device makers and mobile operators for information after allegations of cut-price deals and exclusivity agreements
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/6APV11/B7/h?a1=2013&a2=6&a3=14
 
Murdoch files for divorce
Wendi Deng Murdoch has no equity in News Corp and no voting rights in a company where the Murdoch family controls 39.4% of the voting stock
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/7ZU2LT/B7/h?a1=2013&a2=6&a3=14
 
Coty shares slip takes gloss off IPO
Jitters reflect concerns over whether the company was priced at a multiple that was only slightly cheaper to its publicly traded competitors
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/LSAQ7H/B7/h?a1=2013&a2=6&a3=14
 
Apple veteran tells of ebook hopes
DoJ alleges that Cue, a 24-year Apple veteran, was the 'chief ringleader of the conspiracy' between tech group and publishers to fix ebook prices
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/RPWNK2/B7/h?a1=2013&a2=6&a3=14
 
Batista promises to hold on to OGX stock
Statement will be interpreted as attempt to assuage a crisis in confidence in OGX, caused by stock sale in which tycoon sold 70.5m shares last month
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/4VN0P9/B7/h?a1=2013&a2=6&a3=14
 
Bacon named JPMorgan's new head of risk
British executive replaces John Hogan after impressing the bank's chief Jamie Dimon with his handling of fallout from the London Whale debacle
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/YGQHSE/B7/h?a1=2013&a2=6&a3=14
 
Clearwire board backs Dish Network's offer
Recommendation is latest twist in battle between Charlie Ergen, chairman of Dish, and Masayoshi Son, chairman of SoftBank, over US mobile market
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/EK8WOH/B7/h?a1=2013&a2=6&a3=14
 
Mortgage ruling to hit Spanish banks
BBVA moves to remove floor clauses from thousands of home-loan contracts after Supreme Court ruling on minimum interest rates for borrowers
http://link.ft.com/r/P75VYY/NR0P24/6VRT5E/4C6ZYS/VTY1E7/B7/h?a1=2013&a2=6&a3=14
 
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