<div>UPDATE 2-M&C Saatchi says financial watchdog has now launched probe</div> <!-- no image --> <div>* Shares fall more than 15% (Adds shares, details of accounting scandal)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dXwQb3tbhXQ:eiEPNZKXAbA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dXwQb3tbhXQ:eiEPNZKXAbA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=dXwQb3tbhXQ:eiEPNZKXAbA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dXwQb3tbhXQ:eiEPNZKXAbA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=dXwQb3tbhXQ:eiEPNZKXAbA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/dXwQb3tbhXQ" height="1" width="1" alt=""></div> Posted by Reuters