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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Joel Edgerton, John Turturro and Christian Bale in Exodus: Gods and Kings
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Albert Camus (left) and Jean-Paul Sartre fell out in 1952 and did not speak again before Camus’s death
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Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected
Christmas 2014: 23 best women's perfumes

Festively fragrant: the best women's perfumes

Give a loved one a luxe fragrance this year or treat yourself to a sensual pick-me-up
Arsenal vs Borussia Dortmund: Alex Oxlade-Chamberlain celebrates century with trademark display of speed and intuition

Arsenal vs Borussia Dortmund

The Ox celebrates century with trademark display of speed and intuition
Billy Joe Saunders vs Chris Eubank Jnr: When two worlds collide

When two worlds collide

Traveller Billy Joe Saunders did not have a pampered public-school upbringing - unlike Saturday’s opponent Chris Eubank Jnr
Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?