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Banking

WireTap 1400 27/03/12

A round-up of the key stories across the specialist financial media, including reports that the royal family of Abu Dhabi are involved in talks to purchase a stake in state-owned RBS.


Abu Dhabi royals involved in RBS talks: sources

Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the Abu Dhabi ruling family, according to sources. 

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U.S. stock-index futures retreat before confidence data

U.S. stock futures retreated, following a rally that drove the Standard & Poor’s 500 Index to the highest level since May 2008, as investors awaited reports on American consumer confidence and home prices.

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OECD urges ‘ambitious’ eurozone reform

The eurozone needs to undertake “ambitious structural reforms” to boost growth and overcome its protracted debt crisis, the OECD said in a report released today.

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French consumer confidence soars

French consumer confidence in March rose sharply and German confidence fell slightly, both unexpectedly, data showed today.

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Italy sells EU4.5 billion of bonds as yields decline

Italy sold 3.82 billion euros of zero-coupon and inflation-linked bonds as borrowing costs fell to a four-month low.

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