
Man U skips Singapore and files for IPO in U.S. instead
(PHOTO- Bloomberg) (3 Jul) - Manchester United Ltd., the English soccer team with a record 19 national championships, filed to raise $100 million in a U.S. initial public offering. The club didn’t say how many shares it will offer or at what price in a filing yesterday with the U.S. Securities and Exchange Commission. The...

Indian supervised computer system caused chaos in RBS
Natwest has shed 30,000 jobs since taxpayer rescue in 2007, including 20,000 UK positions, and has outsourced work overseas Insiders say many of the bank's support teams are now based in India, where they earn between £9,000 and £11,000 a year Bank staff union Unite questions whether 'off-shoring' job cuts have left Natwest...

Temasek’s China Bank Gains Offset By Euro Crisis: Southeast Asia
Bloomberg- Jul 4, 2012 Temasek Holdings Pte’s sale of Chinese bank shares probably helped Singapore’s state-owned investment company weather losses from the European debt crisis in the past year. The company sold shares in China Construction Bank Corp. (939) and Bank of China Ltd. in the year ended March, profiting from...
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