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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US immigration: President Obama ready to press ahead with long-promised plan to overhaul 'broken system' - but will it get past a Republican-controlled Congress?

Immigration: Obama's final frontier

The President is ready to press ahead with the long-promised plan to overhaul America's 'broken system' - but will it get past a Republican-controlled Congress?
Bill Cosby rape allegations explained: Why are these allegations coming out now? Why didn’t these women come forward earlier? And why has nobody taken legal action?

Bill Cosby rape allegations explained

Why are these allegations coming out now? Why has nobody taken legal action? And what happens next for the man once thought of as 'America's Dad'
Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain

You know that headache you’ve got?

Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain
Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?

Scoot commute

Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?
Paul Robeson: The story of how an American icon was driven to death to be told in film

The Paul Robeson story

How an American icon was driven to death to be told in film
10 best satellite navigation systems

Never get lost again: 10 best satellite navigation systems

Keep your vehicle going in the right direction with a clever device
Paul Scholes column: England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil

Paul Scholes column

England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil
Michael Dawson: I’ll thank Spurs after we win says defender as he prepares to return with Hull

Michael Dawson: I’ll thank Spurs after we win

Hull defender faces his struggling former club on Sunday ready to show what they are missing. But he says he will always be grateful to Tottenham
Frank Warren column: Dr Wu has big plans for the professionals yet he should stick to the amateur game

Frank Warren column

Dr Wu has big plans for the professionals yet he should stick to the amateur game
Synagogue attack: Fear unites both sides of Jerusalem as minister warns restoring quiet could take 'months'

Terror unites Jerusalem after synagogue attack

Rising violence and increased police patrols have left residents of all faiths looking over their shoulders
Medecins sans Frontieres: The Ebola crisis has them in the headlines, but their work goes far beyond West Africa

'How do you carry on? You have to...'

The Ebola crisis has Medecins sans Frontieres in the headlines, but their work goes far beyond West Africa
Isis extends its deadly reach with suicide bombing in Kurdish capital

Isis extends its deadly reach with suicide bombing in Kurdish capital

Residents in what was Iraq’s safest city fear an increase in jihadist attacks, reports Patrick Cockburn
Underwater photography competition winners 2014 - in pictures

'Mysterious and inviting' shot of diver wins photography competition

Stunning image of cenote in Mexico takes top prize
Sir John Major: Negative West End portrayals of politicians put people off voting

Sir John Major hits out at theatres

Negative West End portrayals of politicians put people off voting
Kicking Barbie's butt: How the growth of 3D printing enabled me to make an army of custom-made figurines

Kicking Barbie's butt

How the growth of 3D printing enabled toy-designer to make an army of custom-made figurines