BofA told to raise $34bn of new capital

Bank of America needs to cover a capital hole of $34bn (£23bn), it will be revealed today, as the Obama administration unveils the results of "stress tests" to determine the strength of the country's financial system. But the bank insists it can raise most of the money by selling assets or issuing new shares, and says that converting taxpayer funds into common stock, a move that could make the US government its dominant shareholder, would be a last resort.

How to make your credit cards pay

Britain's credit-card market is one of the most competitive in the world. Most cards have no annual fees, offer attractive interest-free introductory periods, and come with generous loyalty schemes. The downside is that they also charge hefty interest rates – typically between 15 and 20 per cent APR – meaning that they're an inefficient way of borrowing for any period of time.

Meet the credit card that can cut the cost of your Christmas spree

Cashback deals could save you money, if you are smart. Nargis Ahmad and Julian Knight report

America heads towards recession

US consumer spending logs its sharpest downturn since the recession of 1980

Questions of Cash: I want a refund for these unfair overdraft charges

Q. Credit card fraud led to me receiving a £2,000 American Express bill. AmEx told me to cancel my direct debit with my bank, Alliance & Leicester, to avoid this payment being processed. I tried to cancel using A&L's online service and thought I had done this when I entered a "cancel" instruction – but it turned out that this just cancelled the cancellation request. This led to the direct debit being processed. When I realised, I phoned A&L and it approved a new overdraft limit to avoid triggering unauthorised overdraft charges. But A&L imposed charges anyway. It says it will not consider refunding these until the court cases on unfair bank charges are settled, arguing it has a waiver from the Financial Services Authority covering all bank charges regarded by customers as unfair. But my complaint is nothing to do with charges covered by these cases. LC, Cheltenham.

Anti-terror officer jailed for misuse of credit card

A Scotland Yard anti-terrorism officer has been jailed for 10 months after he admitted using his corporate credit card to fund a £73,000 spree.

Bank details sold on eBay

The personal details of more than a million high- street bank customers have been found on the hard drive of a computer sold on eBay for £35.

American Express shares dive after profits warning

American Express, the credit card company, issued a thumping profits warning last night, sending its shares diving and potentially foreshadowing a new leg of the credit crisis.

The bill for ID theft – our biggest fear

Britons are more afraid of identity theft than they are of being mugged or attacked in the street, a survey from American Express has revealed.

Simon Calder: When is a fake banknote not a fake?

The search for a perfect murder is the constant quest for crime writers; but for petty villains in South America, it appears that the quest for the perfect scam for relieving travellers of their excess cash has reached a perfect conclusion. It relies upon the large number of forged bank notes in circulation, but is far more subtle than simply handing over fake bills in change.

Cyberclinic: Why are blind people ignored by websites?

After last week's column about Captchas – the little visual tests that websites deploy alongside password requests to prove that you're human – reader Jo Franks pointed out how maddening they are for blind people. When I raised this issue on the Cyberclinic blog, Thomas Reid mentioned that a Captcha at blogcarnival.com in effect stops blind bloggers from joining in with their project. This obviously isn't a deliberate ploy. But it's far from unique.

Man who culled Egg borrowers resigns

The man responsible for Egg's controversial clear-out of 7 per cent of its credit card customers has resigned after less than a year heading the UK operations of Egg's parent, Citigroup.

Visa to raise up to $18.8bn in record flotation on NYSE

Visa has announced an $18.8bn (£9.5bn) fundraising that will rank as the biggest initial public offering ever seen in the US. It comes as the credit crisis continues to destabilise financial markets, and in the middle of an otherwise arid spell for stock market flotations.

How to stop your credit limit from being slashed

James Daley gives advice on staying in the banks' good books and the best new deals around
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Prices correct as of 17 April 2015
Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

How a costume drama became a Sunday night staple
Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

Aviation history is littered with grand failures

But what went wrong with the SuperJumbo?
Fear of Putin, Islamists and immigration is giving rise to a new generation of Soviet-style 'iron curtains' right across Europe

Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
Never mind what you're wearing, it's what you're reclining on

Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence