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PRESS DIGEST-Financial Times - March 27
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PRESS DIGEST-Financial Times - March 27
Mar 26, 2025 7:48 PM

March 27 (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

- HSBC ( HSBC ) fired investment bankers on bonus day and gave them

no bonuses

- British Steel's Chinese owner rejects UK government

subsidy offer

- Berlusconi's MFE launches 1.3 billion euros takeover bid

for ProSieben

NatWest ( NWG ) and Nigel Farage settle 'debanking' dispute

Overview

- HSBC ( HSBC ) fired investment bankers on the day they

were due to learn their bonus figures and gave no bonuses to

many it let go.

- The Chinese owner of British Steel, Jingye,

has rejected a 500 million pound ($645.15 million) lifeline

offer from the UK government, raising fears about thousands of

jobs at the steelmaker.

- MFE-MediaForEurope, the TV group controlled by

Italy's Berlusconi family, has launched a 1.3 billion euro

($1.40 billion) takeover bid for the German broadcaster

ProSiebenSat.1.

- Eurosceptic UK politician Nigel Farage and NatWest Group ( NWG )

have settled their dispute over the bank's handling of a

decision to close Farage's accounts, the two parties said in a

joint statement on Wednesday.

($1 = 0.7750 pounds)

($1 = 0.9281 euros)

(Compiled by Bengaluru newsroom)

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