Nov 28 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
ECB warns on external risks to eurozone financial system
Germany and France follow UK with curbs on EU migration
Post Office to get 640 million pounds to complete
modernisation of branches
Deutsche Bank in talks to sell Tilney to Permira
UBS joins crackdown on staff's use of chat rooms
RWE npower to axe 1,400 jobs in UK
The European Central Bank urged eurozone policy makers to
prepare for the scaling down of the U.S. bond-buying programme
in its Financial Stability Report. The central bank warned of
market shocks from the U.S. Federal Reserve's "tapering", which
is expected in the coming months.
The German and French governments back UK's curbs on EU
migrants next year. The issue of migration is expected to be
discussed by David Cameron in Lithuania, where he will explain
his government's plan of a comprehensive overhaul of the
The UK government said on Wednesday the Post Office will get
640 million pounds more over the next three years up to 2018 to
modernise its branches.
Deutsche Bank AG is in exclusive talks with
private-equity group Permira to sell the loss-making part of its
UK wealth management business, sources told the Financial Times.
UBS in an internal memo to its staff banned the
use of social chat rooms with immediate effect. The bank said
the use of multi-bank and dealer chat room was also prohibited.
British energy retailer RWE npower will announce
slashing of 1,400 jobs on Thursday as part of an overhaul of its
UK operations. The company is also expected to announce the
shutdown of some of its offices and outsource further 570 jobs
within the UK.