UPDATE 2-PPG selling controlling interest in glass business

Stock Buzz ) said on Tuesday it would sell its automotive glass and services business to a new company formed by private equity firm Kohlberg & Co.

Quiet man slips into SocGen top job

PARIS (Reuters) - Frederic Oudea, the quiet and unassuming finance head at Societe Generale, has silently brushed aside his rivals to move into pole position at the French bank hit by the world's worst trading scandal.
UPDATE 1-EU to press banks for speedy subprime remedies

BRUSSELS, March 14 (Reuters) - Banks must quickly disclose losses on investments hit by a global credit squeeze and governments will intervene if the market fails to sort itself out, European Union...