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PRESS DIGEST – Financial Times – Oct 2
Bank profits from new mortgages have soared since the
Federal Reserve began its third round of bond purchases two
weeks ago.
UPDATE 2-First Reserve sells majority interest in Acteon to KKR
LONDON, Oct 1 (Reuters) – Private equity investor KKR
has bought UK offshore oil and gas services group Acteon
from rival First Reserve, it said on Monday.
Basel slams EU implementation of bank capital rules
LONDON, Oct 1 (Reuters) – European Union banks may get an
unfair advantage over global rivals because of the bloc’s
failure to apply international capital rules properly, a global
regulatory body…
