Press Digest: Financial Times - July 4

Carillion

04/07/2023 24:43

July 4 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    Headlines
- UK watchdog summons bank chiefs to tackle accusations of
'profiteering'
- Odey Asset Management in talks with Green Ash over Adrian
Courtenay's fund 
- Former Carillion finance chief barred from UK boards for 11
years
- NHS doctors union steps up calls for arbitration on pay
dispute   
    
    Overview
- Top bankers at HSBC  HSBA.L , NatWest  NWG.L , Lloyds  LLOY.L 
and Barclays  BARC.L  are expected to attend a meeting at the
Financial Conduct Authority on Thursday amid accusations they
are profiteering from rising interest rates.  
      
- Odey Asset Management said in a letter to clients, it is in
discussions to transfer the $80 mln Special Situations fund
managed by Adrian Courtenay to Green Ash Partners, a boutique
asset manager with partners in the UK and Switzerland.
    
- The former finance chief of Carillion  CLLN.L  has been barred
from holding company directorships for more than a decade,
marking the first boardroom ban on an executive of the collapsed
construction company.

- The head of the main NHS doctors union has called on Rishi
Sunak to back independent arbitration to settle a strike by
junior members which has led to the cancellation of large
numbers of hospital operations in England.


    
    
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))