PRESS DIGEST- Financial Times - Nov. 21

- Abu Dhabi-backed RedBird IMI has offered to take control of the Telegraph and Spectator under a deal to repay the debt owed by the Barclay family to Lloyds Banking Group. - Morgan Stanley has named Jed Finn as the head of its wealth management unit.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- OpenAI board faces growing revolt over Sam Altman's ousting - Binance faces $4 bln settlement to halt U.S. criminal investigation

- Jeff Zucker's RedBird IMI offers to take over Telegraph in debt for equity deal - Morgan Stanley names Jed Finn as wealth management head

Overview - OpenAI faced a growing revolt among staff and investors calling for the resignation of three directors, after the company's board ousted Chief Executive Sam Altman from the world's leading artificial intelligence company.

- The U.S. Department of Justice is seeking more than $4 billion from Binance to settle a criminal investigation that has ensnared the world's biggest cryptocurrency exchange and its co-founder. - Abu Dhabi-backed RedBird IMI has offered to take control of the Telegraph and Spectator under a deal to repay the debt owed by the Barclay family to Lloyds Banking Group.

- Morgan Stanley has named Jed Finn as the head of its wealth management unit. (Compiled by Bengaluru newsroom)