By Peroshni Govender, Jon Herskovitz and David Dolan JOHANNESBURG (Reuters) - From political posters to bottles of wine and kitchen aprons, the face and name of Nelson Mandela are a potent commercial and political brand in South Africa. Following his death on Thursday at the age of 95, the scramble for control of the Mandela legacy - both financial and moral - will involve his family, the ruling African National Congress (ANC), and the Nelson Mandela Foundation he set up to protect his broader message. At stake is the inheritance that will go to Mandela's more than 30 children, grandchildren and great grandchildren, some of whom already use the Mandela name and image to market everything from clothing to reality TV. And for the ANC, Mandela's reputation as an anti-apartheid hero is worth votes for years to come.
By Laura Noonan LONDON (Reuters) - Most of Europe's big banks shed risky assets in the quarter to September, but they have yet to take extra provisions against doubtful loans to show they have put the financial crisis behind them in time for a critical review by regulators. After reckless lending brought several banks and some governments to their knees during the global crisis, which is still playing itself out in a number of euro zone countries, next year's Asset Quality Review (AQR) by the European Central Bank will judge whether the banks have done enough to recognize and provide for losses on their loan books as of December 31. The results feed into EU-wide stress tests that assess whether banks need to raise more capital to insulate themselves against future economic and financial shocks. Assets such as unsecured personal loans, distressed commercial loans and certain derivatives carry a higher risk weighting, while government bonds are unweighted.