*Gold hits highest since Nov 2011; just shy of $1,800* Coming up: U.S. non-farm payrolls, Sept; 1230 GMT By Clare Hutchison.
By Anil Mayre and Owen Sanderson. LONDON, Oct 5- October will be a challenging month for the European CMBS market, with 22 loans due, according to Fitch.
*FSA bans payments from discretionary investment managers to advisers. *FSA ban on referral payments will apply to referrals of new clients only,. from 31 December 2012 onwards.
Oct 05-=============================================================================== Summary analysis-- Kingfisher PLC-------------------------------- 05- Oct-2012=============================================================================== CREDIT RATING: BBB-/Positive/A-3 Country: United Kingdom Primary SIC: Miscellaneous retail stores, nec Mult. The ratings on U.K.- headquartered home improvement retailer Kingfisher PLC reflect Standard& Poor's Ratings Services' view of the group's "satisfactory" business risk profile.
*REITs slip after Goldman Sachs cuts ratings. London's blue-chip FTSE 100 index. The FTSE 100 was helped by a firm finish overnight in Asia, while early indications were for U.S. equities to open higher after employment data in the form of non-farm payrolls- the most important monthly release globally and due at 1230 GMT.
Oct 05- An EU expert group's proposal to introduce a designated category of debt subject to "bail-in" would give bondholders more certainty about their position when a bank fails, Fitch Ratings says. It should also make other counterparties more comfortable with remaining exposed to troubled banks.
JPMorgan's head of corporate and regulatory affairs, Barry Zubrow, is expected to give up his job, the Wall Street Journal reported. The Hong Kong- based fund Segantii Capital has hired Ambrose Meau, former head of trading at hedge fund Isometric Investment. The unit of Alliance Trust Plc appointed Patrick Mill as managing director with immediate effect.
FRANKFURT, Oct 5- General Motors reaffirmed its commitment to its ailing European arm Opel, rejecting on Friday speculation it might be interested in disposing of the loss-making brand to rival Fiat. GM fully stands behind Opel, "GM Vice Chairman Stephen Girsky said in a brief statement sent by email.
LONDON, Oct 5- Royal Bank of Scotland has suspended a trader for attempting to manipulate a reference lending rate in Singapore, a person familiar with the matter told Reuters, showing the global spread of the scandal over setting rates such as Libor.
LONDON, Oct 5- Britain risks eroding support for nuclear power if it buries long-term waste near an existing processing facility without considering wider, potentially safer options. West Cumbria authorities in Britain this week delayed a formal decision to participate in preliminary investigations.
LONDON, Oct 5- Spain's Telefonica and Italy's Mediobanca, encouraged by a sell-out deal from Spanish bank BBVA in the dollar market overnight, took advantage of more stable market conditions to bring new euro bonds on Friday.
*France, Britain said to support deal, Germany seeks stake. BERLIN/ PARIS, Oct 5- EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger to create the world's biggest arms group amid positive signals from Britain and France, but German misgivings over control is a big obstacle, sources close to the talks said.
Oct 05- Fitch Ratings has affirmed Hong Kong- based Hang Seng Bank Limited's Long-Term Issuer Default Rating at' A+' and its Short-term IDR at' F1'. Its stable margins benefit from the bank's treasury activities and its expansion to mainland China. In addition, they are underpinned by support from the bank's ultimate 62% owner, HSBC Holdings plc.
--On Sept. 21, 2012, France- based Groupama S.A. announced that it has signed a definitive agreement with Ageas Ltd. regarding the sale of Groupama Insurance Co. Ltd. for a consideration of GBP116 million.
LONDON, Oct 5- Design and engineering firm WS Atkins could be next in the firing line for its part in a flawed $9 billion dollar rail deal torn up by Britain's government this week, sending its shares down 4 percent.
*FTSEurofirst 300 up 0.7 pct, MSCI global index up 0.3 pct. *U.S. stocks seen slightly higher, US payrolls data due 1230 GMT.
LONDON, Oct 5- Graphite Enterprise Trust PLC:. *Sold its investment in NES Group. *Sold NES to funds advised by AEA Investors LP for an enterprise value of Â £234.
LONDON, Oct 5- Pursuit Dynamics PLC:. *Continuing to explore financing options. *Expects to be able to provide an update on its discussions by the end of.
*Turkey- Syria conflict stokes supply concern. LONDON, Oct 5- Oil slid below $112 per barrel on Friday as investors awaited data that is expected to show U.S. unemployment is on the rise, reinforcing concern that a fragile global economic recovery is still under threat. Brent futures fell more than $1 a barrel and by 0947 GMT were trading at $111.93- down 65 cents.
LONDON, Oct 5- South Africa's rand plunged 2 percent on Friday to just shy of a three-year low against the dollar as labour unrest swept the country, while Turkish assets stabilised after the previous day's sell-off caused by political concerns.