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.

Aviva fires starting gun on Dutch float

Insurer will have a formidable war chest after Amsterdam listing of unit

Scotland puts a brave face on a slip in reputation

A global poll sees Edinburgh slide behind Dublin as a financial centre, but, as Simon Evans reports from the Scottish capital, the city is fighting back

Bidders chosen for £1bn offshore links tender

Thirteen companies are in the running to buy £1.15bn-worth of electricity transmission links to nine offshore windfarms as part of a £15bn plan to improve competition in the UK's green energy infrastructure.

Simon Evans: Turner's antidote would kill, not cure, the City

It's nearly one year since US powerbrokers allowed the collapse of Lehman Brothers, the Wall Street investment bank, leaving a trail of destruction in its wake. Lehman had gambled on the continued climb of property values, placing giant bets in the US mortgage market. Such a strategy was always doomed to fail, but it's easy to be clever after the event.

David Prosser: Everyone is an activist these days

Outlook New guidance on shareholder activism from the Financial Services Authority closes down one more excuse that institutional investors have used to explain their failure to properly exercise shareholder responsibilities.

Seb Josse wins Open 60 Fastnet Race

A quiet Frenchman, one of whose previous trips through the Western Approaches to Britain was filled with tragedy, and a compatriot known as Jeff, had the biggest smiles in Plymouth today at the end of the Rolex Fastnet Race.

Rothschild's Atticus to close two of its three hedge funds

Atticus Capital, the transatlantic hedge fund co-chaired by Nathaniel Rothschild, is handing back $3bn to its investors and shutting down two of its three funds.

Bob Diamond: The £50m banker with a taste for golf and bonuses

"I wake up every day with a smile on my face. My job is about helping people." So said Bob Diamond, describing his love of his job at a Barclays results presentation before the financial world changed forever.

Santander shows benefits of string of British deals

Banco Santander's boast about its "conservative lending policy" appeared to bear fruit yesterday as the Spanish group, which owns several British lenders, reported a sharp increase in profits.

Margareta Pagano: Dear Sir David ... the only code our boardrooms need is a code of honour

Britain's boardrooms will soon have as many codes to break as GCHQ.

Meinertzhagen to take adviser post at Oriel Securities

Peter Meinertzhagen, one of the City’s most respected corporate brokers, is returning to the Square Mile as an adviser to Oriel Securities, the fast-growing stock-broking firm.

The banker who felt he could not go on

Huibert Boumeester seemed to have it all. But the loss of his high-powered job was a devastating blow to his pride – and drove him to suicide

Missing banker found dead

A Dutch financier who went missing after leaving his job at troubled banking group ABN Amro has been found dead in woodland.

Search for armed banker

Fears were growing last night for a former City financier who has been missing since Monday and believed to be in the possession of two shotguns.

Official: RBS is the world's worst bank

Bank comes bottom in survey of 1,000 financial institutions with $59.3bn loss
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Kevin Spacey and artistic director Matthew Warchus at the Old Vic party to honour Spacey
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Revealed: Why Mohammed Emwazi chose the 'safe option' of fighting for Isis, rather than following his friends to al-Shabaab in Somalia

Why Mohammed Emwazi chose Isis

His friends were betrayed and killed by al-Shabaab
'The solution can never be to impassively watch on while desperate people drown'
An open letter to David Cameron: Building fortress Europe has had deadly results

Open letter to David Cameron

Building the walls of fortress Europe has had deadly results
Tory candidates' tweets not as 'spontaneous' as they seem - you don't say!

You don't say!

Tory candidates' election tweets not as 'spontaneous' as they appear
Mubi: Netflix for people who want to stop just watching trash

So what is Mubi?

Netflix for people who want to stop just watching trash all the time
The impossible job: how to follow Kevin Spacey?

The hardest job in theatre?

How to follow Kevin Spacey
Armenian genocide: To continue to deny the truth of this mass human cruelty is close to a criminal lie

Armenian genocide and the 'good Turks'

To continue to deny the truth of this mass human cruelty is close to a criminal lie
Lou Reed: The truth about the singer's upbringing beyond the biographers' and memoirists' myths

'Lou needed care, but what he got was ECT'

The truth about the singer's upbringing beyond
Migrant boat disaster: This human tragedy has been brewing for four years and EU states can't say they were not warned

This human tragedy has been brewing for years

EU states can't say they were not warned
Women's sportswear: From tackling a marathon to a jog in the park, the right kit can help

Women's sportswear

From tackling a marathon to a jog in the park, the right kit can help
Hillary Clinton's outfits will be as important as her policies in her presidential bid

Clinton's clothes

Like it or not, her outfits will be as important as her policies
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders