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.

David Prosser: The man from the Pru fights for his future

Outlook Should he stay or should he go? There is no doubt the credibility of Tidjane Thiam, of whom so much was expected on his accession to the chief executive's office at Prudential just eight months ago, has been severely damaged by the AIA debacle. But has it been damaged so badly that he cannot continue in the role?

Margareta Pagano: AIA deal: The Pru can pull it off if the price is right

If Thiam strikes a bargain, he could yet get green light

UK banking ban for former RBS boss Johnny Cameron

The former boss of Royal Bank of Scotland's investment banking business has been banned from ever holding a senior role in the City again, it was announced today.

Former RBS boss Johnny Cameron 'will not fight FSA City job ban'

The former boss of the Royal Bank of Scotland's investment banking arm Johnny Cameron will be formally banned from taking any more top jobs in the City this week.

Breaking up is hard to do, but that is what will happen to British banks if Vince Cable gets his way

It was in 1933, just a few years after the Great Crash, that Washington's politicians inflicted their retribution on Wall Street's banks for their part in the country's economic downfall.

David Prosser: The hunt for credit crisis justice

Outlook Slowly but surely, the Financial Services Authority is reaping its vengeance against the individuals it believes were most culpable for the UK end of the financial crisis in 2008. First there was action against several directors of Northern Rock; now the regulator looks set to ban the former Royal Bank of Scotland investment banking chief Johnny Cameron from taking roles above a certain level in financial services, at least for a while.

Former RBS executive faces senior City jobs ban

The City watchdog is set to ban the former head of investment banking at Royal Bank of Scotland from taking senior jobs in the financial services industry, following a year-long investigation into the division.

David Prosser: New Prudential boss seems accident prone

Outlook Tidjane Thiam knows a thing or two about coups, having been ousted from a ministerial post in the Ivory Coast government in 1999 by just such a rebellion. If he's not careful, he might find himself on the end of a similar plot courtesy of Prudential shareholders. A man whose intellect and talents were trumpeted from the rooftops on his appointment last year is rapidly beginning to look accident prone.

Leading article: Prudence with a purpose

The Financial Services Authority (FSA) has put a hold on the Prudential's Asian adventure. Details of the insurer's £14bn fund-raising drive to buy an Asia-based rival were expected to be published yesterday morning. But the financial services sector regulator is reported to have forced a delay after raising concerns about how financially stable this deal would leave Prudential.

Santander's patriarch does things his own sweet way

In the Spotlight: Emilio Botin

Neville Richardson : A merger of mutuals in interesting times

Neville Richardson thinks putting Britannia together with Co-op Financial Services can create a real force. David Prosser reports

RBS will urge shareholders to 'trust us' after pay climbdown

Bank will also attempt to avoid repeat of storm over chief executive's comments

Goldman's Blankfein to testify alongside trader

Lloyd Blankfein, the chief executive of Goldman Sachs, is considering making a high-risk appearance in front of a US Congressional hearing, alongside the 31-year-old trader at the centre of allegations that Goldman misled clients over toxic mortgage investments before the credit crisis.

Record profit for Goldman as it comes out fighting on fraud charges

Earnings hit $3.46bn during first quarter after bank puts $5.49bn aside for bonus payments

Ministers urged to bar bank from government contracts

Anger at allegation that RBS was victim of fraud
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Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
10 best PS4 games

10 best PS4 games

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Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent
Markus Persson: If being that rich is so bad, why not just give it all away?

That's a bit rich

The billionaire inventor of computer game Minecraft says he is bored, lonely and isolated by his vast wealth. If it’s that bad, says Simon Kelner, why not just give it all away?
Euro 2016: Chris Coleman on course to end half a century of hurt for Wales

Coleman on course to end half a century of hurt for Wales

Wales last qualified for major tournament in 1958 but after several near misses the current crop can book place at Euro 2016 and end all the indifference
Rugby World Cup 2015: The tournament's forgotten XV

Forgotten XV of the rugby World Cup

Now the squads are out, Chris Hewett picks a side of stars who missed the cut
A groundbreaking study of 'Britain's Atlantis' long buried at the bottom of the North Sea could revolutionise how we see our prehistoric past

Britain's Atlantis

Scientific study beneath North Sea could revolutionise how we see the past
The Queen has 'done and said nothing that anybody will remember,' says Starkey

The Queen has 'done and said nothing that anybody will remember'

David Starkey's assessment
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'An enormous privilege and adventure'

Oliver Sacks writing about his life
'Gibraltar is British, and it is going to stay British forever'

'Gibraltar is British, and it is going to stay British forever'

The Rock's Chief Minister hits back at Spanish government's 'lies'