PRESS DIGEST- Financial Times - Oct 23

Reuters

Oct 23 (Reuters) - The following are the top stories in theFinancial Times. Reuters has not verified these stories and doesnot vouch for their accuracy.

Headlines

LSE JOINS RACE FOR $60 BLN ALIBABA LISTING

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JPMORGAN NEARS $6BN SETTLEMENT WITH INVESTORS

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RABOBANK FACES NEAR-$1 BLN LIBOR FINE

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TCI FANS FLAMES OVER ROYAL MAIL PRICE

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EBAY BUYS SAME-DAY COURIER SERVICE

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Overview

Alibaba, China's No. 1 e-commerce firm, is consideringlisting on the London Stock Exchange after failing toconvince Hong Kong regulators of the merits of its corporategovernance concerns.

JPMorgan Chase could face a $6 billion fine frominstitutional investors to settle claims that it mis-soldmortgage-backed securities, according to people familiar withthe matter.

Rabobank could face a near $1 billion fine fromBritish and U.S. regulators looking to settle allegations thatthe Dutch lender helped manipulate benchmark interbank lendingrates, three people familiar with the matter said.

A hedge fund with a reputation for aggressive campaigning toboost company performance has bought a 5 percent stake in therecently listed Royal Mail.

E-commerce company eBay said it would buy Shutl, aLondon-based same-day courier service, in order to take morecontrol of product deliveries.

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