A rift in Europe over how best to control its banks has raised a question mark over how far the bloc is willing to go in setting up a new agency to shut stricken banks.
A 12-foot-tall statue of Colin Firth as Pride and Prejudice's Mr. Darcy was erected Monday in London's Serpentine lake, apparently to promote some new UK TV channel called Drama. The statue, which is made out of fiberglass and depicts the now-famous scene in which Firth emerges from a lake all wet and see-through-shirty, will apparently travel around England for awhile before finally settling into its permanent home in Lyme Park.
Sources say financier Nat Rothschild has asked Britain's financial market watchdog to look into whether Indonesia-focused coal miner Bumi made misleading statements to the market. After two years of bitter boardroom battles and a probe into financial irregularities, Bumi, co-founded by Rothschild and the Bakrie family, is now seeking to part ways with the Bakries in a $278 million deal.