Press Digest: Financial Times - Dec 19
19/12/2024 04:11
Dec 19 (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
Senior Tory urges Elon Musk not to back Reform UK
Reeves to take UK bankers to China as she seeks closer
business ties
UniCredit lifts Commerzbank exposure to 28%
Boaz Weinstein takes aim at seven UK investment trusts
Overview
Conservative shadow minister Andrew Griffith has urged Elon
Musk to take another look at the Tories before donating to
Reform UK.
UK Chancellor Rachel Reeves will next month lead a
delegation of prominent bankers to Beijing to seek closer ties
across a range of financial services, while quietly sidelining
security fears over the UK-China relationship.
UniCredit CRDI.MI has raised its exposure to Commerzbank
CBKG.DE to 28%, as the Italian lender escalated its pursuit of
the German bank while also going after domestic rival Banco BPM
BAMI.MI .
Activist investor Boaz Weinstein has urged shareholders in
seven UK investment trusts to overhaul their boards due to weak
performance and outlined plans to put forward his hedge fund as
the trusts' manager.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))