en-us Reuters) - Royal Dutch Shell RDSa, Europe's largest oil company, is planning to sell oilfields in Nigeria valued at up to $5 billion, the Sunday Times reported, citing sources linked to companies interested in the assets.The newspaper said the auction comes as Nigeria prepares to impose harsher terms on...]]> Sun, 20 Dec 2009 07:00:09 -0800 RDSA RDSA Reuters UK) - The disposals Lloyds LLOY has agreed to as compensation for taking state aid were a "very fair deal" but it has no plans to sell the assets off soon, the banking group's chief executive told the Financial Times .To satisfy Europe's competition watchdog Lloyds, which was...]]> Thu, 17 Dec 2009 23:15:28 -0800 HBOS HBOS Thu, 17 Dec 2009 10:10:28 -0800 DFS JPM DFS,JPM Thu, 17 Dec 2009 10:10:23 -0800 EPR JPM EPR,JPM Reuters UK) - Big banks will have to set aside more profits or even raise capital as protection against hard times under tighter proposals from international regulators set to be phased in from 2012.The new rules proposed by the Basel Committee on Banking Supervision will introduce stricter limits on...]]> Thu, 17 Dec 2009 05:10:05 -0800 Reuters) - Big banks will have to set aside more profits or even raise capital as protection against hard times under tighter proposals from international regulators set to be phased in from 2012.The new rules proposed by the Basel Committee on Banking Supervision will introduce stricter limits on what...]]> Thu, 17 Dec 2009 05:02:27 -0800 Reuters UK) - The trustee in charge of liquidating Lehman Brothers Holdings's LEHMQ brokerage business won court approval on Thursday to transfer about $1.6 billion (982 million pounds) to $1.7 billion of customer property to new accounts at Barclays BARC.Judge James Peck, approved the bulk transfer...]]> Thu, 17 Dec 2009 02:19:29 -0800 BCS BCS Reuters UK) - The trustee in charge of liquidating Lehman Brothers Holdings's LEHMQ brokerage business won court approval on Thursday to transfer about $1.6 billion (982 million pounds) to $1.7 billion of customer property to new accounts at Barclays BARC.Judge James Peck, approved the bulk transfer...]]> Thu, 17 Dec 2009 02:14:57 -0800 BCS BCS Reuters UK) - Mongolia may eventually list state-owned mineral assets in international stock markets so that the country can convert more of its natural resource wealth into cash, the Wall Street Journal reported on Thursday.Prime Minister Sukhbaatariin Batbold said that the poor, landlocked country is first studying the creation...]]> Thu, 17 Dec 2009 01:40:26 -0800 Reuters UK) - Nearly a year after U.S. securities regulators took heat for not spotting Bernard Madoff's long-running Ponzi-scheme, the Securities and Exchange Commission is eager to show it is getting quicker in cracking down on investment schemes.A case in point is an emergency court action...]]> Thu, 17 Dec 2009 01:05:28 -0800 Reuters UK) - Dubai has ring-fenced prized assets such as Emirates airline EMIRA from the $26 billion (15.90 billion pounds) debt restructuring of Dubai World, denting fragile investor sentiment ahead of talks between the state conglomerate and key creditors.The firm that spearheaded Dubai's growth...]]> Thu, 17 Dec 2009 00:28:06 -0800 DPW LSE MGM STAN DPW,LSE,MGM,STAN Reuters UK) - Dubai's government will not sell any assets to meet the obligations of state-owned Dubai World, but the conglomerate itself might sell some of its foreign assets, Dubai's finance chief told Al Jazeera television."Part of obtaining finance is selling assets ... belonging to the company and not...]]> Thu, 17 Dec 2009 00:15:33 -0800 Reuters) - U.S. bank regulators on Tuesday approved an initial proposal to jump-start the securitization market and strengthen standards to avoid abuses that helped lead to the economic crisis, but the board remained divided on what limits to impose on banks.The board of the Federal Deposit Insurance...]]> Wed, 16 Dec 2009 23:49:39 -0800 Reuters) - U.S. securities regulators may reduce the number of investment advisers who would have to undergo an annual surprise audit under a proposal to ensure that their clients' assets are safe, two sources familiar with the plan said on Tuesday.The Securities and Exchange Commission votes on Wednesday on...]]> Wed, 16 Dec 2009 23:43:00 -0800 Reuters) - Sports-car maker Spyker SPYKR is still in talks to buy Saab, the Dutch company's top executive said on Sunday after a report China's BAIC had agreed with General Motors GM to buy some of the Swedish company's assets.Saab, one of Sweden's best-known...]]> Wed, 16 Dec 2009 22:24:16 -0800 GMGMQ GMGMQ Reuters) - Mongolia may eventually list state-owned mineral assets in international stock markets so that the country can convert more of its natural resource wealth into cash, the Wall Street Journal reported on Thursday.Prime Minister Sukhbaatariin Batbold said that the poor, landlocked country is first studying the creation of...]]> Wed, 16 Dec 2009 21:49:25 -0800 Reuters) - Dubai ring-fenced prized assets such as Emirates airline EMIRA from the $26 billion debt restructuring of Dubai World, denting fragile investor sentiment and raising questions on slated assets.The move came before the troubled state-owned conglomerate's meeting with main bank creditors on Monday...]]> Wed, 16 Dec 2009 21:01:22 -0800 DPW LSE MGM STAN DPW,LSE,MGM,STAN Reuters) - Kuwait's sovereign wealth fund said on Sunday it had sold its stake in Citigroup Inc C for a profit of $1.1 billion, becoming the latest Gulf investor to sell foreign shares as markets improve.Kuwait Investment Authority KIA transferred the preferred stock it owned in Citigroup...]]> Wed, 16 Dec 2009 20:54:48 -0800 BAC C BAC,C Reuters) - Dubai's government will not sell any assets to meet the obligations of state-owned Dubai World, but the conglomerate itself might sell some of its foreign assets, Dubai's finance chief told Al Jazeera television."Part of obtaining finance is selling assets ... belonging to the company and not the...]]> Wed, 16 Dec 2009 20:52:55 -0800 Reuters) - TCW Group Inc, one of the largest money managers in the world, fired Chief Investment Officer Jeffrey Gundlach and removed him from its board of directors after buying a smaller rival last week.Los Angeles-based TCW said Gundlach was "relieved of his duties" and replaced as head...]]> Wed, 16 Dec 2009 20:49:31 -0800