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.

NZ government will honour Emirates Team deal

Gritting its teeth and clearly unhappy, the New Zealand government has confirmed it will honour a pledge by the previous administration to support Emirates Team New Zealand’s challenge for the 2013 America’s Cup.

48 Hours In: Amsterdam

With the tulips coming out and the canals perfect for a stroll, this water-laced city looks pretty in spring.

Murray crashes to straight-sets loss in first match back after break

Andy Murray crashed out in the first round of the ABN Amro World Tennis Tournament in Rotterdam last night after a straight-sets loss to Marcos Baghdatis.

The banks must be broken apart

Merely ring-fencing the retail and investment sectors doesn't go far enough, argues Geoffrey Lewis

RBS finally checks out of The Priory

Royal Bank of Scotland is finally selling the care specialist Priory Group in a deal worth up to £925m.

Bank sells rehab clinics in £925m deal

A chain of private rehab clinics best known for helping wean celebrities off their addictions has been sold to private equity in a deal worth up to £925 million, it was announced today.

Merger Monday sees rainmakers return to form

Four major deals in one day could signal a comeback for M&A activity. Richard Northedge reports

David Prosser: What we need to know now about Lord Turner's embarrassing U-turn

Outlook So watch them squirm. The Financial Services Authority's most senior executives have spent the best part of a fortnightdefending theirdecisions not to take action against the Royal Bank of Scotland executives who led the bank to the brink of collapse and not to publish the report on the episode that led them to that conclusion. Yesterday, Lord Turner, the FSA's chairman, found himself unable to hold the party line any longer. Assuming that RBS can be persuaded to play ball, he promised that an edited account of the affair would be published before March.

Margareta Pagano: The fat banker and his HK$1m bet

Publish and be damned: The Government should make public the FSA's report into the Royal Bank of Scotland collapse

Julian Knight: Integrity isn't just the absence of corruption

I want to discuss the Kremlin – as the headquarters of Royal Bank of Scotland was nicknamed under the leadership of the disgraced banker Sir Fred "The Shred" Goodwin. As you can probably guess, it wasn't a jolly place.

Incompetent, but not corrupt: the final word on Goodwin's RBS

His disastrous strategy may have brought Royal Bank of Scotland to its knees, recording the worst corporate losses in UK history, while he still picked up a lucrative pension pot, but yesterday Sir Fred Goodwin was cleared by the City watchdog of breaking any rules.

RBS bosses cleared of fraud

The City watchdog today ruled out action against former bosses at Royal Bank of Scotland after finding no evidence of fraud or dishonest activity in the lead-up to the financial crisis.

UK manufacturing enjoys boost to exports

Further evidence of unexpectedly strong momentum in the private sector arrived yesterday with the publication of the latest survey of business confidence in manufacturing.

James Moore: Santander looks like it's catching a very nasty cold from the Spanish flu

Outlook Have the wheels fallen off Banco Santander? This is the bank, remember, that incredibly brushed off the credit crunch as if it were an elephant having a minor problem with an irritating mosquito.

The Business On... Alessandro Profumo, Chief executive, UniCredit

With a name like that, there has to be a scandal?

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape
eBay's enduring appeal: Online auction site is still the UK's most popular e-commerce retailer

eBay's enduring appeal

The online auction site is still the UK's most popular e-commerce site
Culture Minister Ed Vaizey: ‘lack of ethnic minority and black faces on TV is weird’

'Lack of ethnic minority and black faces on TV is weird'

Culture Minister Ed Vaizey calls for immediate action to address the problem
Artist Olafur Eliasson's latest large-scale works are inspired by the paintings of JMW Turner

Magic circles: Artist Olafur Eliasson

Eliasson's works will go alongside a new exhibition of JMW Turner at Tate Britain. He tells Jay Merrick why the paintings of his hero are ripe for reinvention
Josephine Dickinson: 'A cochlear implant helped me to discover a new world of sound'

Josephine Dickinson: 'How I discovered a new world of sound'

After going deaf as a child, musician and poet Josephine Dickinson made do with a hearing aid for five decades. Then she had a cochlear implant - and everything changed
Greggs Google fail: Was the bakery's response to its logo mishap a stroke of marketing genius?

Greggs gives lesson in crisis management

After a mishap with their logo, high street staple Greggs went viral this week. But, as Simon Usborne discovers, their social media response was anything but half baked
Matthew McConaughey has been singing the praises of bumbags (shame he doesn't know how to wear one)

Matthew McConaughey sings the praises of bumbags

Shame he doesn't know how to wear one. Harriet Walker explains the dos and don'ts of fanny packs
7 best quadcopters and drones

Flying fun: 7 best quadcopters and drones

From state of the art devices with stabilised cameras to mini gadgets that can soar around the home, we take some flying objects for a spin
Joey Barton: ‘I’ve been guilty of getting a bit irate’

Joey Barton: ‘I’ve been guilty of getting a bit irate’

The midfielder returned to the Premier League after two years last weekend. The controversial character had much to discuss after his first game back
Andy Murray: I quit while I’m ahead too often

Andy Murray: I quit while I’m ahead too often

British No 1 knows his consistency as well as his fitness needs working on as he prepares for the US Open after a ‘very, very up and down’ year
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home