June 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
- Hargreaves Lansdown backs 5.4-billion-pound private equity
takeover
- Serco ( SECCF ) settles landmark shareholder lawsuit
- Shell beats Saudi Aramco to Temasek's LNG business
- Swiss regulator finds HSBC ( HSBC ) violated money laundering rules
Overview
- The board of Hargreaves Lansdown said it was
willing to "recommend unanimously" a takeover offer from private
equity firms that would value the UK's largest investment site
at 5.4 billion pounds ($6.86 billion).
- Serco ( SECCF ) has reached a settlement with institutional
investors who sued the UK-listed outsourcing company over an
overcharging scandal that led its share price to plummet.
- Shell has agreed to buy liquefied natural gas
trader Pavilion Energy from Singaporean investment fund Temasek,
seeing off competition from Saudi Aramco as it seeks to
strengthen its grip on the market.
- Switzerland's financial regulator has banned HSBC's ( HSBC )
Swiss private bank from taking on prominent public
figures as clients after finding the lender violated anti-money
laundering regulations.
($1 = 0.7871 pounds)
(Compiled by Bengaluru newsroom)