Former Ospraie and BNP employees plan new commodity fund (Fund News)
Andrew Suckling, a former partner at Ospraie Management LLC, and Russell Plackett, previously head of metals trading at BNP Paribas SA, plan to start a hedge fund investing in commodities.
ECB's Weber, Kranjec clash over asset buying (Headlines)
European Central Bank policy makers clashed over the bank??s asset-buying program less than a week after President Jean-Claude Trichet engineered a truce.
ING, the Dutch banking and insurance group, reported its third consecutive quarterly loss on Wednesday, hit by unexpected insurance losses and rising loan loss provisions in banking.
Trading in KBC shares has been suspended after the Belgian bank asked the country??s market regulator to protect it from ??wild rumours? of a third government rescue plan in seven months.