  | | | | ZURICH/LONDON (Reuters) - The new head of UBS's investment bank has stamped his mark on the division with a management reshuffle, days after the Swiss bank said it was pulling back from fixed income trading and cutting 10,000 jobs. | | |  | | | | PARIS (Reuters) - PSA Peugeot Citroen Chief Executive Phillipe Varin said that the French carmaker did not plan further asset sales after that of its logistics unit Gefco. | | | |  | | | | KUALA LUMPUR (Reuters) - A $1.7 billion bid for Malaysia's two main KFC fast food franchisees by a consortium that includes private equity firm CVC Capital Partners cleared one of two hurdles after shareholders in one of the firms approved the deal on Monday. | | | | | | OSLO (Reuters) - Offshore rig firm Seadrill , the world's biggest rig operator by market capitalization, will sell part of its Asian business to Malaysia's SapuraKencana to free up cash for expansion elsewhere, the firms said on Monday. | | | |  | | | | MILAN (Reuters) - The chief executive of UniCredit said on Monday he saw no risk of a hostile takeover following speculation in the local press that Italy's largest bank by assets could be an attractive target because of its cheap stock price. | | | |  | | | | LONDON (Reuters) - Lloyds Banking Group is considering selling its 60 percent stake in wealth manager St James's Place in a bid to raise around 1 billion pounds ($1.60 billion), according to a report in Britain's Sunday Times. | | | | | | HONG KONG (Reuters) - CITIC Securities will buy the remaining 80.1 percent of Asian brokerage CLSA it does not already own from Credit Agricole for $941.7 million, it said on Monday. | | | |  | | | | HONG KONG (Reuters) - Prudential plc has agreed to buy the insurance unit of Thailand's Thanachart Bank for 368 million pounds ($590 million) in cash, turning up the heat on rival AIA Group Ltd in the fast-growing Southeast Asian market. | | |  | | | | ABU DHABI (Reuters) - The UAE's Abu Dhabi Commercial Bank and Europe's largest lender by market capitalization, Banco Santander, have agreed to cooperate in trade and project finance as the Spanish bank broadens its reach in the Gulf. | | | | | | DUBAI (Reuters) - Compagnie des Bauxites de Guinee (CBG) signed a long-term supply agreement with the United Arab Emirates for bauxite, the main raw material in aluminum, the Gulf country's state news agency reported. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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