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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Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

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Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
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Cancer, cardiac arrest, HIV and homelessness - and he's only 39

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Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

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Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

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BBC takes viewers back down memory lane

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Nicolas Cage shines in low-budget drama Joe

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