News Josef Ackermann spoke of ‘shock’ at the suspected suicide of his colleague

Josef Ackermann, the chairman of Switzerland’s top-ranking Zurich Insurance Group and a former head of Deutsche Bank, has stepped down with immediate effect following the suspected suicide of the company’s chief financial officer.

FSA to admit shortcomings in Royal Bank of Scotland oversight

City regulator failed to detect the pressures in the banking system

FSA to publish report into RBS near-collapse

The FSA will tomorrow publish its report into the near collapse of Royal Bank of Scotland and is expected to say the bank lost sight of "core fundamentals of capital, liquidity, asset quality and risk" for more than a year before it was rescued by the Government.

RBS report to highlight FSA failings

After a year of tussles with lawyers, politicians and bankers, the Financial Services Authority will finally publish its report into the near-collapse of Royal Bank of Scotland on Monday.

David Prosser: Goodwin and McKillop need not fear FSA report

Who should be most nervous about the publication on Monday, finally, of the Financial Services Authority's report into the collapse of Royal Bank of Scotland three years ago? The answer, though it may surprise you, is not the former executives of RBS, whose poor decisions brought one of the world's largest financial institutions to its knees. Rather it is senior officials at the regulator itself who have most to lose.

David Prosser: If the regulator fails to explain its role in RBS debacle its report will be a whitewash

Outlook Who should be most nervous about the publication on Monday, finally, of the Financial Services Authority's report into the collapse of Royal Bank of Scotland three years ago? The answer, though it may surprise you, is not the former executives of RBS, whose poor decisions brought one of the world's largest financial institutions to its knees. Rather it is senior officials at the regulator itself who have most to lose.

From
Alicante to Cape Town, the Volvo round the world boats face a hard opening
slog

Competitors prepare for difficult start to Volvo round the world race

Bring out the foul weather gear, prepare to reduce sail, be ready for 24/7 crashing and banging. The Volvo round the world race will be barely an hour old on Saturday before the fleet of six charges south into what will become an increasingly upwind slog as it heads for the Straits of Gibraltar.

Eurozone exposure sends RBS sliding back into red

Royal Bank of Scotland swung into the red yesterday as the taxpayer-controlled bank took a £733m hit on Greek bonds and revealed plans to cut about 2,000 jobs.

RBS in jobs warning amid £794m loss

The boss of Royal Bank of Scotland today confirmed the jobs axe would swing once again at the part-nationalised bank as it unveiled a half-year loss of £794 million.

'Chaps' payments system is at risk of meltdown, warns Bank

The Bank of England warned yesterday that it would take action if necessary to strengthen Britain's payments system for big transactions.

Watchdog delays controversial reforms of mortgage market

The Financial Services Authority delayed its controversial mortgage reforms yesterday and admitted its attempts to protect borrowers risked restricting lending too much.

Mary Ann Sieghart: Enough of men who crash and burn

As a political journalist I love it when our politics are full of scandal and excitement. But as citizen? Less so

Sarah Sands: It's the boardroom, not the bedroom, that matters

The distinction between who is and isn't fair game for the press is complicated. So it is a relief that we can all agree on Sir Fred Goodwin. Actors and footballers are one thing: a hubristic banker who left the taxpayer with the bill for his rampage is a different matter. We can tell that the alleged affair between Goodwin and a senior colleague at the Royal Bank of Scotland is a solid-gold scandal rather than diverting gossip because the Financial Services Authority has deemed it worthy enough of investigation.

RBS failure faces new probe

Britain's banking regulator is to launch a new probe into the failure of the Royal Bank of Scotland in light of revelations about Sir Fred Goodwin's private life.

Cahal Milmo: 'Fred the Shred' thought the bad headlines had gone away. He was wrong

Our writer reports on yet another public humiliation for the former RBS chief
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The saffron censorship that governs India: Why national pride and religious sentiment trump freedom of expression

The saffron censorship that governs India

Zareer Masani reveals why national pride and religious sentiment trump freedom of expression
Prince Charles' 'black spider' letters to be published 'within weeks'

Prince Charles' 'black spider' letters to be published 'within weeks'

Supreme Court rules Dominic Grieve's ministerial veto was invalid
Distressed Zayn Malik fans are cutting themselves - how did fandom get so dark?

How did fandom get so dark?

Grief over Zayn Malik's exit from One Direction seemed amusing until stories of mass 'cutting' emerged. Experts tell Gillian Orr the distress is real, and the girls need support
The galaxy collisions that shed light on unseen parallel Universe

The cosmic collisions that have shed light on unseen parallel Universe

Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
Cowslips vs honeysuckle: The hunt for the UK’s favourite wildflower

Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

A fresh twist reveals the Liberal MP was targeted by the notorious South African intelligence agency Boss