BRIEF-Eurocastle Investment announces IPO of doBank
* REG-EUROCASTLE INVESTMENT LIMITED : EUROCASTLE ANNOUNCES INITIAL PUBLIC OFFERING OF DOBANK AND KEY TERMS
LONDON May 9 The Bank of England said on Tuesday it will set out plans by the middle of this year to widen access to Britain's interbank payment system, part of efforts to boost the country's financial infrastructure over the next few years.
The BoE wants to open up the payments system to allow a variety of financial firms to compete with the major high street banks that currently have access to the high-speed payments system, which handles 500 billion pounds ($647 billion) a day.
The central bank also confirmed the new system would be designed so it can link in future with distributed ledger technology, which underpins digital currencies like Bitcoin.
The new system will be designed to operate five days a week and almost 24 hours a day, and could be upgraded to 24/7 operation if there is demand. The BoE said it aimed to roll out most of the upgrades by the end of 2020. ($1 = 0.7729 pounds) (Reporting by Andy Bruce, editing by David Milliken)
* SAYS BUYS PORTFOLIO OF FULLY-PERMITTED LAND PLOT IN MADRID AND MALAGA FOR 68.5 MILLION EUROS
LONDON, June 29 British supermarket Tesco and its takeover target Booker have asked the UK competition regulator to "fast track" examination of their 3.7 billion pounds ($4.8 billion) deal to a more detailed second stage, they said on Thursday.