Analysis: For brokers like Peregrine, from bad times to worse
CHICAGO/NEW YORK (Reuters) - Long before Peregrine Financial Group's dramatic collapse last week, months before MF Global's meltdown triggered an industry-wide crisis of confidence, the world of the independently owned futures broker was not a happy one.
Global shares, euro fall as Spain bailout fears grow
TOKYO (Reuters) - Asian shares slid and the euro hovered near multi-year lows hit earlier on Monday, as Spain sparked concerns about its ability to stave off a sovereign bailout after two indebted regions sought financial assistance from the central government.
LONDON (Reuters) - Michael Rake has formally informed Barclays that he does not wish to be considered for the role of chairman, easyJet said on Monday, confirming what sources had told Reuters on behalf of Rake.