From MARKETS May 18, 2013

New money put City’s reputation at risk

View of the skyline of the Square Mile, City of London. puknews ©John Wellings

UK’s regime helped open door to questionable overseas entrants

BP Full Year Earnings Press Conference...Tony Hayward, chief executive officer of BP Plc., pauses during the company's press conference to announce their full year results in London, U.K., on Tuesday, Feb. 2, 2010. BP Plc, Europe's biggest oil company, expects the recovery from last year's recession to be "slow and gradual" as fourth-quarter earnings missed analyst estimates. Photographer: ©Bloomberg Week in Review from ENERGY May 17, 2013

Week in review, May 18

Hayward likes life ‘on the edge’

From MARKETS May 17, 2013

SAC changes stance on insider trade probe

Hedge fund tells investors it will not provide future updates

An Ocado lorry leaves the Ocado distribution center in Hatfield, U.K., on Monday, Sept. 21, 2009. Ocado Ltd., the U.K. Internet grocery service founded by former Goldman, Sachs & Co. traders, is considering an initial public offering next year to fund overseas expansion, Chief Executive Officer Tim Steiner said. ©Bloomberg RETAIL & CONSUMER May 17, 2013

Morrison and Ocado deal sparks row

Waitrose appoints legal counsel to look at contracts

FINANCIALS May 17, 2013

Former head of Caja Madrid held

Bail set at €2.5m for senior banker

Transocean - Deepwater Championin U.S. Gulf of Mexico 2012 ENERGY May 17, 2013

Transocean rejects Icahn’s dividend move

Activist investor gets one director on to company’s board

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