PRESS DIGEST - Financial Times - Sep 3

Financial Times

Headlines

CAMERON SEEKS FRESH GROWTH STRATEGY -

GERMANS WRITE OFF GREECE, SAYS POLL -

NY PROBES PRIVATE EQUITY TAX STRATEGY -

LONDON LUXURY PROPERTY BOOM -

QUESTIONS OVER THE VIABILITY OF US ETFS -

HIBU CREDITORS BEGIN RESTRUCTURING TALKS -

US INVESTOR IS IRELAND'S BIGGEST CREDITOR -

FRANCE SEEKS EU APPROVAL FOR BANK RESCUE -

CREDIT SUISSE MOVING SOME SINGAPORE JOBS -

Overview

CAMERON SEEKS FRESH GROWTH STRATEGY

British prime minister David Cameron will this week attempt

to inject life into Britain's stagnant economy.

GERMANS WRITE OFF GREECE, SAYS POLL

Only a quarter of Germans think Greece should stay in the

euro zone or get more help from other countries in the region.

NY PROBES PRIVATE EQUITY TAX STRATEGY

At least a dozen U.S. private equity firms have been

subpoenaed as part of a probe into tax strategy.

LONDON LUXURY PROPERTY BOOM

A 38 billion pound development boom in London's most

expensive neighbourhoods has been spurred by rampant demand from

European and Asian buyers.

QUESTIONS OVER THE VIABILITY OF US ETFS

More than a quarter of exchange-traded funds and notes

listed in the U.S. have attracted enough assets to be

economically viable.

HIBU CREDITORS BEGIN RESTRUCTURING TALKS

Investors in the 2.2 billion pound of debt in Hibu

have begun restructuring talks for the second time in a year.

US INVESTOR IS IRELAND'S BIGGEST CREDITOR

A leading U.S. bonds investor has emerged as Ireland's

biggest private-sector creditor by aggressively buying Irish

government bonds.

FRANCE SEEKS EU APPROVAL FOR BANK RESCUE

The French government has been forced to rescue the

distressed domestic mortgage lender Credit Immobilier de France.

CREDIT SUISSE MOVING SOME SINGAPORE JOBS

Credit Suisse is relocating dozens of back-office

jobs from Singapore to India and Poland as part of efforts to

cut costs.

Source: http://news.yahoo.com/press-digest-financial-times-sep-3-004214872--sector.html

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