Treasury to Name 9 'Toxic' Managers [WSJ]
The U.S. government is on the verge of naming up to nine firms to operate funds that will buy toxic securities from financial institutions. The program will probably be much smaller than anticipated when TARP was enacted last autumn.

RBS defends itself over Wimbledon corporate entertaining [The Guardian]

People:

CME Group Names David L. Shuler as Managing Director, Alliance and Venture Management [CME Group, via PRN]

First Mercantile Adds Steve English to National Sales Team [First Mercantile, via PRN]

Daniel Hertzberg Joins BLOOMBERG NEWS [Bloomberg, via PRN]

WJB Capital Hires Former Natixis Bleichroeder Managing Director to Head Boston Office [WJB Capital, via PRN]

The March Group Welcomes Human Resources Assistant Carla Batista [ March Group, via BW]