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Campaign backing Brexit adds 250 biz executives

Bloomberg Former HSBC Holdings Plc Chief Executive Officer Michael Geoghegan is among 250 business leaders backing the push for the U.K. to leave the European Union. Geoghegan was CEO of HSBC from 2006 until 2010 and his support for “Brexit” stands in contrast to the bank’s current management, which warns it will send 1,000 staff to Paris from London if ...

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France confident on public deficit target after beating 2015 goal

Paris / Reuters France posted its smallest public deficit last year since the global financial crisis of 2008, data showed , making this year’s government target “perfectly credible” according to the finance minister. The INSEE statistics agency said the public deficit, which includes the combined shortfalls of the central state, local government and welfare system budgets, fell to 3.5 percent ...

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Banks shun deal, Russia to face Eurobond setback

Bloomberg Russia hasn’t been able to line up a suitable lead manager for a planned $3 billion Eurobond because of U.S. and EU pressure on major banks not to participate, meaning the high-profile sale is likely to be delayed or even shelved, senior officials said. Only two Western banks are still interested in helping sell the bond, one of the ...

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