PRESS DIGEST- British Business - June 29
June 29 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
March 4 The following corporate finance-related stories were reported by media over the weekend and on Monday:
* HSBC Holdings Plc and Standard Chartered Plc will report a reduction in their bonus pools, reflecting separate settlements with U.S. authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.
* European executive pay has come under attack for the second time in less than a week after Swiss voters overwhelmingly backed curbs on corporate wages that snatch the power away from company boards, the Financial Times reported.
* French markets regulator Autorité des Marchés Financiers has submitted proposals to the government to counter hostile takeovers, including requiring bidders to win at least 50 percent shareholder acceptance, the business daily Les Echos reported.
* Greece's central bank had billions of euros of banknotes shipped in from other central banks to avert a bank run during the country's debt crisis as depositors withdrew their money, newspaper To Vima reported.
* Private equity firm CVC Capital Partners Ltd is in talks on a bid for Britain's largest retirement home builder McCarthy & Stone, sources close to the proposed deal said. The Sunday Times newspaper said the deal would be worth around 500 million pounds($750.53 million).
* German construction group Hochtief AG is expecting up to 170 million euros ($220.73 million) for the services division it is selling, a German magazine reported on Saturday.
* Jaguar Land Rover Ltd is investigating the potential of manufacturing cars in India, company sources said on Saturday, as the British luxury carmaker looks to build on its growth in emerging markets with the help of Indian parent Tata Motors Ltd.
* Reports financial results for the period ended May 31, 2017