* Says will not take role of SocGen independent director
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UPDATE 2-UK energy secretary quits, to face criminal charge * Chris Huhne and ex-wife to face criminal charges * Huhne denies lying to police about 2003 speeding offence * Bad news for his Liberal Democrat party * Another Lib Dem to replace Huhne in coalition government ...
UPDATE 2-UK bank Lloyds shakes up management structure * CEO Horta-Osorio to have five business lines reporting tohim * CEO to have 10 top managers reporting to him, down from 14 * Truett Tate, ally of former CEO Daniels, to retire (Adds analyst comment, further ...
UPDATE 2-UK police arrest Murdoch tabloid staff, raid offices * Four arrested are current or former staff of Sun dailytabloid * Police officer also arrested * Probe into allegations reporters paid police forinformation (Updates number of arrests, adds details) LONDON, ...
UPDATE 2-UK slaps record fine on ex-JC Flowers boss for fraud * FSA fines Ravi Shankar Sinha 2.87 mln pounds * Largest fine for a general fraud case * Sinha receives lifetime ban from financial industry (Adds details) LONDON, Jan 31 - Britain's financial regulator ...
UPDATE 2-UK fund manager F&C suffers 4 bln stg outflows in Q4 * AuM drops to 100.1 bln stg at Dec. 31 * Outflows hit 4 bln stg * Investors wait for full strategic review * Shares fall 2 percent (Adds analyst comment, shares, details) LONDON, Jan 31 (Reuters) - F&C ...
UPDATE 2-UK eyes clampdown on "backdoor" market listings * FSA launches consultation on listing rules * Reverse takeovers in focus * Top shareholder group says complex, needs thorough debate * FSA hopes proposed rules will tackle "backdoor" marketlistings ...
UPDATE 2-UK Treasury to take charge in next bank crisis * Government says ambiguity over crisis management addressed * Banks say treasury should have power to intervene earlier * Bill seeks to address concerns Bank not accountable enough (Adds detail, reaction) ...
UPDATE 2-UK shareholders to get vote on exec pay (Adds union reaction, details) LONDON, Jan 23 (Reuters) - Shareholders should begiven a binding vote over how large British companies manageexecutive pay and more companies should be able to claw backcash ...
UPDATE 2-UK fund manager Charles Stanley's Q3 revenues fall * Q3 revenues down 15.5 pct at 27.3 mln stg * Total client funds flat at 14.48 bln stg * Shares drop nearly 10 percent (Updates share price, adds analyst comment) LONDON, Jan 25 (Reuters) - British fund ...
UPDATE 2-UK retailer Peacocks put up for sale * Administrator KPMG seeks buyer for retailer * Stores continue to operate as usual * KPMG says also seeking buyer for Bonmarche unit (Adds background, Barclays comment) LONDON, Jan 18 (Reuters) - British ...