WireTap 0900 20/04/12
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WireTap 0900 20/04/12

A round-up of the key stories across the specialist financial media, including news that Brazil is demanding moer power for emerging economies at the IMF.


BRICS demand bigger IMF role before giving it cash

The International Monetary Fund's bid to win a big boost in funding to handle the euro-zone debt crisis hit a speed bump on Thursday when Brazil demanded more power at the IMF for emerging economies as a condition for lending it extra cash.

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Britons abandoning pensions amid ‘outdated’ rules, IoD says

The U.K.’s regulations on pensions are driving Britons away from using them to save for retirement, the Institute of Directors said.

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Deutsche bank: sell stock, or not?

Deutsche Bank, under pressure from regulators and investors to bolster its reserves, is considering raising up to €3 billion in new capital through a sale of stock in the coming months, according to people familiar with the matter.

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Investors seek safety as euro zone debt worries grow

German 10-year bond yields hit record lows on Friday and riskier assets came under pressure on growing fears about the eurozone debt crisis and uncertainty over global growth.

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Barclays investors force bonus changes

Shareholders in Barclays have forced the British bank to accept tougher bonus conditions and promise higher dividends, highlighting how the balance of power between investors and managers is shifting at some of the biggest global banks.

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