Business Today: Futures little changed as market digests budget deal

		Click to View in Browser 12/11/2013 Futures little changed as market digests budget deal NEW YORK (Reuters) - U.S. stock index futures were little changed on Wednesday as investors assessed a provisional budget deal reached in Washington and its potential impact of an expected wind-down of Federal Reserve stimulus. Two more Swiss banks join U.S. tax deal ZURICH (Reuters) - Two more Swiss banks said they would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts, a trickle that could rise to about one third of the country's private banks. More ECB action not ruled out but not needed for now: Coeure LONDON (Reuters) - The European Central Bank has not ruled out further moves to help the euro zone but they are not needed for the moment, one of the bank's top policymakers, Benoit Coeure, said on Wednesday. Analysis: Some Cisco investors urge an exit from set-top box unit NEW YORK (Reuters) - Cisco Systems Inc Chief Executive John Chambers is facing growing pressure from investors to exit its television set-top box business, where revenue has been plummeting and profit margins trail the rest of the company. Union machinists say they held talks with Boeing on 777X (Reuters) - The union representing Boeing Co's Seattle area machinists said its leaders had met with top executives of the airplane maker on Tuesday about restarting talks that could see the new 777X jetliner built in Washington state, where the current 777 is built. RBS finance chief's exit gives CEO another headache LONDON (Reuters) - Royal Bank of Scotland chief Ross McEwan faced a fresh management headache on Wednesday as the surprise departure of Finance Director Nathan Bostock created a senior vacancy as the group attempts to navigate through a period of upheaval. Lululemon's new CEO to get higher base salary than predecessor TORONTO (Reuters) - Lululemon Athletica Inc's incoming chief executive, Laurent Potdevin, will be paid a base salary of $900,000 as well as signing and retention bonuses, the upscale yogawear retailer said in a regulatory filing made public on Wednesday. Russians give rouble a symbol MOSCOW (Reuters) - The Russian public have picked a first official symbol for the rouble, choosing a sign the central bank said would enhance the appeal of the once-tarnished currency on global markets. UK watchdog fines Lloyds record $46 million for pushing sales LONDON (Reuters) - Britain's financial watchdog imposed a record 28 million pound ($46 million) fine on Lloyds Banking Group for the way it encouraged staff to sell 2 billion pounds of products that customers did not need. Euro zone banks have plenty of collateral: ECB's Constancio FRANKFURT (Reuters) - There is no shortage of ECB-eligible collateral in any euro zone country meaning that banks could easily increase their use of its funding if they so wished, ECB Vice-President, Vitor Constancio, said on Wednesday. Related Video Breakingviews: CFO exit says more about Santander than RBS Reuters on the Road: Grooming Wingman for success Economic News U.S. budget deal could usher in new era of cooperation Pimco Total Return maintains U.S. government debt stake in November A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend