Sunday Papers: Rothschild and Cohen back €1bn lender - bid news and gossip

The Sunday Telegraph

* Lord Rothschild, Sir Ronald Cohen and the Australian sovereign wealth fund, Future Fund, have committed to invest €450m in Haymarket Financial, a specialist lender to medium-sized businesses; the commitments take the total capital invested in the company to €1bn.

* Gartmore, the fund management firm hit by regulatory concerns, has awarded 3.5% of the company’s equity to a group of top staff to encourage them to stay at the business.

* House of Fraser, the department store retailer, will this week relaunch Biba, the iconic 1960s clothing and homeware brand that it bought last November.

* Brussels is to push for the creation of a form of "treasury" for the European Union with powers to issue bonds and reinforce fiscal integration.

* Three British bankers held in Bahrain for more than a year have written to William Hague, the Foreign Secretary, calling on him to intervene with the local authorities on their behalf.

The Observer

* Tim Waterstone, the founder of the books chain that bears his name, is considering a £100m-plus bid to take the chain private if the parent company, HMV, fails to turn the business around by the new year.

* South African billionaire, Nathan Kirsh, in bid to take control of Minerva group.

* Shareholders fear housebuilders' optimism has shaky foundations.