Exclusive: KPMG plans return of MF Global assets KPMG, MF Global’s administrator, is planning to begin the return of cash and assets to investors, potentially as early as this month. Click here for the full storyFrench costs rise but demand solid at debt sale French borrowing costs rose slightly at a bond auction today, but demand remains high in face of the country’s threatened AAA rating. Click here for the full storySocGen seeks to axe investment staff Societe Generale is considering axing an additional 1,580 jobs in its corporate and investment bank – around 13% of the unit’s staff. Click here for the full storyYields on Hungary’s short-term debt near 10% Yields on one-year Hungarian bonds are nearing 10% as a bond auction today failed to meet its sales target. Click here for the full storyItaly jobless rate hits new high The unemployment rate in Italy reached 8.6% in November, the highest level since May 2010. Click here for the full storyUniCredit slumps to lowest since 1997 after pricing offer UniCredit fell to the lowest level in Milan trading since 1997 following its heavily discounted rights issue. Click here for the full story
