Monday bid news and gossip: Swiss warn US over move for UBS client list

* Switzerland's finance minister has accused US authorities of shock tactics to compel holders of undeclared UBS accounts to come forward, but warned that court action to discover the names of thousands of clients would not succeed.

* MP's will demand answers from FSA over staff bonuses

* Guy Hands has bought three cash-strapped investors out of their holdings in his Terra Firma private equity fund at a heavily discounted price that underlines concerns about its indebted investments, notably music group EMI.

* De Beers mothballs diamond mines as sales slide

* BP freezes managers' pay despite record profits

* McKinsey & Co, the management consultancy, is expected to announce today that Dominic Barton, its Shanghai-based Asia head, has been chosen by his peers to take over as managing director

* BAA to relax its stance on Stansted

* William Hill set to raise up to £350-million

* Refinancing provides respite at Southern Cross

* Thousands of jobs at risk with van-maker LDV near to closure

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