British bank to pay JP Morgan veteran as much as £10.2m in his first year at helm
Lord Patten told MPs yesterday that if he was confirmed as the new chairman of the BBC he would expect to be unpopular – and predicted that "there will be all hell let loose" as the corporation is forced to cut spending on programming.
Bob Diamond of Barclays seemed cross at being questioned by MPs, but Colin Firth might get us all talking to each other
The cuts were needed, but so is a plan for growth
I thought that rich American bloke ran Barclays these days?
John Shepherd-Barron's invention of the automatic cash dispenser – now ubiquitous, but in the 1960s a mysterious contrivance – owed something to his technological grasp, his business sense and his ingenuity. It also owed something to his annoyance with a bank branch when he turned up at 12.31 on a Saturday to find to his irritation that it had closed one minute earlier, which meant he could not cash a cheque.
Britain's first black prime minister is settling into Number 10, Sir Alexander McQueen has given King Charles a makeover and the City's carbon traders are coining it. Welcome to the future – but what other surprises are around the corner? Our experts reflect on the biggest events of the next 10 years
It was the most gripping opening to a most exciting second decade of the 21st century. Just days into January 2010, Barclays bank stunned the world's stock markets by moving its HQ, and 5,000 of its investment banking staff, to Hong Kong. Another 2,000 Barclays bankers and traders were transferred to Mumbai, where India's National Stock Exchange is still the fastest growing exchange in the world; 2,000 staff decamped to Singapore, now the world's epicentre for energy technologies and the first producer of hydrogen cell cars; and another 500 traders were moved to Rio de Janeiro, South American's busiest stock market.
Tyneside businessman Barry Moat has been given extra time to come up with the financial backing to buy out Newcastle owner Mike Ashley.
When Frank McGarahan saw a homeless man being beaten up, he stepped in - and paid for his courage with his life. Yesterday two brothers were found guilty
Administration and a 10-point penalty loom large for struggling Southampton
If there are any young psychologists looking around for a subject for a PhD thesis, may I suggest a subject? It would be something along the lines of "Guilt, expiation or displacement at The Guardian".
Plan will implement Sir James Crosby's proposals. Call for cost of new scheme to be reasonable