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Financial Times - Oct 2



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Oct 2 (Reuters) -The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Headlines

Starmer looks for post-Brexit 'reset' in meeting with EU leaders


Barclays details plans to revamp investment banking returns

EU policymakers lash out at Berlin's Commerzbank 'hypocrisy'


Charles Schwab Chief Walt Bettinger to retire at end of year


Eli Lilly considers testing weight-loss drugs on people who are not overweight


Overview


Keir Starmer will take his mission to "reset" Britain's relations with the EU to Brussels on Wednesday, but European capitals are warning that the UK Prime Minister should not expect an easy ride.


Barclays BARC.L has set out a plan to improve returns within its investment bank by focusing on advisory and equity capital markets work while becoming less reliant on debt underwriting.


Senior European policymakers and economists have sharply criticised the German government over its opposition to a takeover of Commerzbank CBKG.DE by Italian rival UniCreditCRDI.MI, arguing its protectionist approach ran counter to fundamental EU principles.


Charles Schwab's SCHW.N longtime chief executive Walt Bettinger will retire at the end of the year and be replaced by the company's president Rick Wurster.


Eli Lilly is considering testing its blockbuster weight-loss drugs in people who are not overweight, but are at risk of weight gain, in an early sign that the drugmaker may look to broaden the rollout of the medications beyond obese patients.




(Compiled by Bengaluru newsroom)

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