Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Sunday Papers: Eurozone banks face £42bn ‘black hole’

by Himanshu Singh on Feb 09, 2014 at 06:21

Sunday Papers: Eurozone banks face £42bn ‘black hole’

Top stories

  • The Sunday Telegraph: Eurozone banks face £42 billion 'capital black hole'; Algebris chief Davide Serra says this year's stress tests by European authorities are likely to find fresh problems in the eurozone banks.
  • Mail on Sunday: EasyJet's founder and biggest shareholder, Sir Stelios Haji-Ioannou, is set to vote at its annual general meeting this week against the £6.5 million pay packet awarded to chief executive Carolyn McCall.
  • The Sunday Telegraph: Barclays to reveal £5.8 billion recovery; profits and bonuses forecast to rise at bank as sector bounces back.
  • The Sunday Telegraph: Google accused professor behind Blinkx share fall of bias; Professor Ben Edelman has previously faced accusations of producing unfair research.

Business and economics

  • Mail on Sunday: The Bank of England is to test whether banks and building societies would go bust if house prices crash.
  • The Sunday TelegraphCarney to defend Bank as it holds off rate rise; the Bank of England governor will argue that slack remains as it seeks to reiterate that Britain's economy is not yet strong enough to withstand tighter monetary policy.
  • The Sunday Telegraph: Punch debt deal 'only benefits shareholders'; lenders with blocking stakes plan to vote against a restructuring plan promoted by Punch's executive chairman, Stephen Billingham.
  • The Sunday Telegraph: Property giants in legal battle over Game Group; landmark Court of Appeal ruling over tens of millions in retailer's unpaid rent could change high street rules.

Share tips, comment and bids

  • Mail on Sunday (Midas share tip): TyraTech is a riskier investment than some; but it is expected to move into profit next year and grow quickly thereafter – buy.
  • The Sunday Telegraph (Questor share tip): Keep calm and hold Vodafone.
  • The Sunday Telegraph: RBS could put brake on Liberty's battle for F1; "change of ownership" provision related to CVC's control of sport could scupper John Malone's takeover plans.
  • The Sunday Telegraph: Last year, M&A transaction values for financial services companies almost doubled, while volumes increased by 35% on 2012 levels.
  • The Observer (Comment): Twitter lost a quarter of its market valuation in one day, and looks unlikely to get any of it back for some time.
  • The Observer (Comment): With Steve Ballmer on the board and Bill Gates peering over his shoulder, Satya Nadella is facing unnecessary extra pressure.
  • Mail on Sunday (Comment): The decision by the Chancellor to cap any rise in business rates at 2%, announced in the autumn, was welcome. But more needs to be done.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet