Team sheets omitted from Davies commentary

Mark Davies - managing director of betting exchange Betfair and son of footy commentator Barry - dismisses stories that the company has just appointed Rothschild to advise on a flotation.
“It's just not true,” Davies insists to the Evening Standard's City Spy column. “Speculation about a flotation comes up regularly. But we are not about to appoint an adviser.”
The freesheet seems sceptical about that response - and so it should be. What Davies fails to mention is that Goldman Sachs has already been asked by the betting group to handle the £1.5bn listing, while Credit Suisse has also been handed a spot in the starting XI.

Credit Squisses again

More credit squeezing at Credit Suisse. You'll recall how the Swiss bank has been axing staff and lunch budgets, as well as paying bonuses out of its most toxic assets. Now I hear that its bankers have received an email telling them not to charge cabs taken before 10pm and - shock horror - to only fly economy on business trips. When will the torture end?

Credit Squisses further

More bad news at Credit Squisse, the credit squeezed Swiss bank that is making swingeing cutbacks.
I hear that 3,000 staff were axed last week, leaving banks of empty desks in the UK HQ and the remaining staff feeling decidely isolated as they rattle around the deserted football pitch-sized trading floor.
Meanwhile, management is apparently imposing a new limit on expenses, where Credit Squisse's bankers can no longer spend more than £100-a-head on a spot of lunch. Now that really is a crisis.