Europe News London

  • Oct 02- Fitch Ratings has received new information on London& Regional Debt Securitisation 1. The borrower, London and Regional, with its advisors recently published the information on the transaction. The loan is due this month, and with the whole loan LTV now at c. 129%, Fitch is concerned about the prospects of repayment by bond maturity in October 2014.

  • Spot gold was up 0.2 percent on the day at $1,777.00 an ounce by 1137 GMT, having touched a peak of $1,791.20 on Monday, its highest since mid-November last year. "Overnight the mood has been quiet, but it feels just a matter of time before $1,800 breaks," Edel Tully, a strategist at UBS, said.

  • Oct 02- Fitch Ratings has assigned STORM 2012- V B.V.' s notes expected ratings, as follows:. This transaction is a true sale securitisation of Dutch residential mortgage loans, originated and sold by Obvion N.V..

  • *New York sues JPMorgan over Bear Stearns mortgage-backed securities. *Petsmart to replace Sunoco in the S&P 500. President Barack Obama earlier this year to go after wrongdoing that led to the financial crisis, the New York Attorney General filed a civil fraud lawsuit against JPMorgan Chase& Co.

  • LONDON, Oct 2- European shares and the euro swung higher on Tuesday as investors decided news on Spain's bailout plans was encouraging enough to warrant fresh buying and looked ahead to central bank meetings and data releases. The swings were caused by the uncertainty over an expected request for aid from Spain.

  • PARIS, Oct 2- European stocks rose around midday on Tuesday, reversing early losses and led by peripheral markets on growing expectation of a near-term bailout request from Spain. Spain's IBEX stock index was up 1.4 percent, with Telefonica up 1.9 percent and Endesa up 2.3 percent, while its benchmark 10- year government bond yield.

  • *FTSE 100 up 0.3 percent. By 1049 GMT, the FTSE 100. The FTSE has fallen from its recent highs of around 5,914, which it hit after global central banks acted to stimulate the economy, as investors await the next development out of Spain.

  • *Uncertainty remains and markets could be volatile, as despite Spain's readiness to ask for financial help Germany has signaled that it should hold off, according to European officials on Monday.

  • LONDON, Oct 2- Banks' ability to access the wholesale funding markets could be hampered if proposals submitted by an EU advisory group are adopted by the European Commission, dealing them a further blow at an already difficult time.

  • *Talanx CEO says no big takeovers planned in next 2 years. FRANKFURT, Oct 2- Shares in Talanx, Germany's third-biggest insurer, inched higher on their Frankfurt stock market debut on Tuesday, vindicating the company's decision to go ahead with the share sale after dithering last month over the state of Europe's fragile IPO market.

  • LONDON, Oct 2- Britain's financial regulator has proposed far-reaching reforms of its listing rules to close loopholes allowing reverse takeovers and reinforce corporate governance standards, in a bid to better protect investors.

  • LONDON, Oct 2- The British Bankers' Association released the following London Interbank Offered Rates for dollars, euro and sterling at its daily fixing. The spread of three-month Libor rates over three-month OIS rates, calculated from Reuters' data, expresses the three-month premium paid over anticipated central bank rates, or Overnight Index Swap rates.

  • LONDON, Oct 2- The Republic of Poland, rated A2/A-/A-, will price a new 12- year euro benchmark well inside where it first started to sound out investors after demand reached over EUR3.3bn.

  • LONDON-- Surprise good news from the U.S. continued to shore up financial markets Tuesday despite concerns about the economic outlook of both Greece and Spain. "The ISM rose above the critical 50 mark in a surprise move yesterday thus creating a jamboree of good sentiment," said Carolin Hecht, an analyst at Commerzbank.

  • STOCKHOLM, Oct 2- Syria's civil war has made Friday afternoons a busy time at Bambuser, a tiny Swedish IT startup in an old bicycle factory which streams live video from the latest uprisings.

  • Spot gold was up 0.3 percent on the day at $1,778.89 an ounce by 0945 GMT, having touched a peak of $1,791.20 on Monday, its highest since mid-November last year. "Overnight the mood has been quiet, but it feels just a matter of time before $1,800 breaks," Edel Tully, a strategist at UBS, said.

  • LONDON, Oct 2- Emerging stocks hit 11- day highs on Tuesday and emerging debt spreads tightened on mounting expectations of an imminent bailout request from Spain, while the forint weakened on expectations of lower interest rates in Hungary.

  • *Volcker will compare and contrast U.S., UK regulation. LONDON, Oct 2- Paul Volcker, the former U.S. Volcker, who led the Fed under presidents Jimmy Carter and Ronald Reagan, has been at the forefront of recent regulatory attempts to reform the U.S. banking system and will compare and contrast banking practices in Britain and the United States.

  • LONDON, Oct 2- Barclays is changing its retail and business banking structure under new Chief Executive Antony Jenkins and has appointed the separate heads of retail banking and credit cards to its executive committee.

  • LONDON, Oct 2- Britain's financial regulator, the Financial Services Authority, has proposed reforms of its listing rules to tighten up the requirements on reverse takeovers in a bid to better protect investors.