PRESS DIGEST- Financial Times – Feb 14

VAM Funds names Robert Gordon director of two funds

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Feb 14 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Premier League takes a hit as football TV rights price falls

MetLife failed to make pension payments to about 13,500 people

Failings of RBS small-business unit laid bare


Sky Plc and BT Group Plc won the right to continue screening games but the Premier League were forced to take the unusual step of holding back some matches, saying that bidding for them was continuing.

MetLife Inc failed to make hundreds of millions of dollars worth of pension payments to about 13,500 people over 25 years, the insurer acknowledged on Tuesday. The missing payouts came to almost $20,000 per head on average.

The full detail of how Royal Bank of Scotland Group Plc systematically mistreated thousands of small business clients and caused financial distress to many of them after the 2008 banking crisis are chronicled in a 361-page report by Promontory, a financial consultancy commissioned by a UK regulator four years ago.

Compiled by Bengaluru newsroom; Editing by Sandra Maler

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