Reuters - Institutional investors in the Royal Bank of Scotland have approached Philip Hampton, chairman of supermarket group J. Sainsbury , about becoming chairman of the bank, the Sunday Telegraph reported.

Reuters - Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week.

Reuters - U.S. authorities have sought legal assistance from Switzerland's Federal Office of Justice in an investigation into tax evasion through offshore bank accounts at UBS , Swiss media reported on Sunday.

Reuters - The board of American International Group Inc was meeting on Sunday to accept the possible resignation of Chief Executive Martin Sullivan, The Wall Street Journal reported on its website, citing a person familiar with the matter.

Reuters - The global subprime crisis has yet to run its course, the chairman of British bank Barclays Plc said on Sunday, amid concerns that big lenders will unveil more credit-related losses in coming weeks.

AFP - World finance chiefs warned on Saturday runaway oil prices could imperil global economic growth, calling on producers to open up the taps and tasking the IMF to investigate wild market swings.

Reuters - The world's richest nations warned on Saturday soaring commodity prices may slice into economic growth, but shrank from offering any plan to calm markets or quell protests over the cost of fuel and food.

AP - Japanese stocks rose Friday as investors scooped up bank and export-linked shares that had been beaten down much of the week.

AFP - World finance chiefs warned Saturday runaway oil prices could imperil global economic growth, calling on producers to open the taps and for a probe into market swings.

Reuters - Finance ministers from the world's richest nations warned on Saturday surging commodity prices threatened economic growth, but shrank from any talk of new controls on volatile oil and currency markets.

Reuters - Between chewing sauce-slathered ribs and corn on the cob, the neighbors and relatives of Wall Street's top prognosticators had one thing on their mind this past Memorial Day: gasoline prices.

Reuters - Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday the Fed will have to tighten monetary policy to put a brake on inflation, adding that the worst of the credit crisis may have passed.

Reuters - When Yahoo Inc turned down the latest offer from Microsoft Corp this week, it walked away from $9 billion in cash and $1 billion a year in additional operating profit, Microsoft said on Friday.