Tuesday newspaper round-up: Labour, HSBC, Credit Suisse

The latest poll by Populus has shown that Labour at 34% are two points ahead of the Conservatives who have dropped a percentage point since last week, the Financial Times said.

HSBC's chairman Douglas Flint has said at a company meeting in Hong Kong that the time may come soon for the bank to review its head office location, The Guardian writes.

Net profit at Swiss banking giant Credit Suisse jumped 23% in the first quarter on the back of a pick-up at its investment bank and lower costs, reports The Wall Street Journal.

A survey has shown that 73% of finance workers in the UK would vote for the UK to stay in the EU if given the opportunity to do so, The Telegraph reports.

Lloyds management was only informed late on Saturday about Sunday's announcement of a Conservative plan to offer £4bn-worth of discounted shares to the public if they win the election, writes The Times. The paper cited sources as saying that the sale could happen as soon as September.

France's central bank has warned that Greece's banking sector is on the verge of collapse, The Times reports. “At some point, Greek banks are likely to be unable to offer enough collateral to access refinancing even for emergency liquidity,” Banque de France governor Christian Noyer said.

Cirque du Soleil has been acquired by TPG Capital and Chinese conglomerate Fosun in a deal that values it at $1.5bn, according to the Financial Times.

The UK government has threatened to revoke a number of oil licences in the North Sea acquired by a group of Russian oligarchs unless they are immediately sold, according to The Guardian.