JPMorgan in $11bn settlement talks over mortgage securities (FT )
JPMorgan Chase is preparing to settle all of its outstanding mortgage securities issues for about $11bn as part of a deal with US state and federal authorities, according to people familiar with the situation.
Court papers tell how ‘Lord Libor’ wanted more (FT )
Curry dinners and annual shipments of champagne allegedly did not cut it for Colin Goodman, then a cash broker in ICAP’s London office.
Rural broadband rollout attacked by committee of MPs (BBC )
The Commons Public Accounts Committee (PAC) said the government had failed to ensure proper competition by awarding all 26 rural broadband contracts to BT.
It accused the Department for Culture, Media and Sport of giving away public money without proper checks.
Housebuilders baffled by Ed Miliband's land grab threat (Telegraph )
Even compared with his energy freeze bombshell, Ed Miliband’s threat to seize undeveloped land owned by property developers sounded extreme.
BlackBerry billionaire Prem Watsa defends $4.7bn bid against market doubts (Telegraph )
The Canadian billionaire behind a $4.7bn (£2.9bn) offer to take the ailing smartphone maker BlackBerry private has insisted he will complete the deal.