No time should be wasted asking them to reform – just do it

Nomura set to take over Lehman's European arm

Japanese Securities house Nomura is poised to take over the European arm of Lehman Brothers, securing at least 1,000 jobs, after administrator Pricewaterhouse-Coopers said it had narrowed the bid battlefield to a single frontrunner.

PwC close to deal to sell Lehman's European assets

The administrator to the European business of bankrupt US investment bank Lehman Brothers, PriceWaterhouseCoopers, was last night locked in negotiations with two rival bidders over the sale of parts of the business.

Wealth Check: 'How long will it take to be able to afford my own place?'

Luke Murdoch is a 20-year-old technical process manager who has been working at Barclays bank for two years. Despite his dedicated approach towards saving, Luke faces the difficulties of many other first-time buyers eager to get on to the property ladder.

Scramble to save Wall Street

Three of Wall Street's best-known institutions were huddled behind locked doors this weekend in frantic talks with US authorities and bankers to either sell their businesses or put together rescue packages.

Questions Of Cash: 'Come on Lloyds, all I want is my debit card'

Q In May, I opened an account with Lloyds TSB. I am still waiting for the debit card, in spite of more than 30 phone calls and three formal complaints. Without a debit card I have to withdraw cash from my bank in Spain, which charges me for each withdrawal. After my first complaint, Lloyds TSB offered me £25 compensation, which will not even cover the cost of my calls, let alone the transactions from my Spanish bank. My second complaint led to Lloyds TSB withdrawing the compensation offer, rejecting my complaint and saying that the debit card had been waiting for me since 1 July at the Camden branch. When I went there – losing income – I was told it had never been there. Now, Lloyds says the debit card is waiting for me at the Hampstead branch. I can't accept this service any longer. TA, London.

David Prosser's Outlook: A short cut to cheaper deals or a blind alley?

It's not difficult to understand why price comparison sites are so popular. Why spend hours on the phone talking to hideous call centres in the vain hope of saving a few quid on your car insurance when you can answer a few questions online and have a computer do all the work for you?

Barclays sells life assurance unit to Swiss Re

Barclays Bank is to further improve its capital funding through the sale of its life assurance business to Swiss Re, the Swiss reinsurance group.

Antigua shootings: Manhunt widens as victim in coma flies back to UK

Scotland Yard and FBI drawn in after local police struggle for clues to brutal gun attack on British couple. By Stephen Foley in St John's, Antigua

Moneysupermarket.com rebuffs bid approach from private equity

The price comparison company Moneysupermarket.com, which has lost more than half its value since floating on the stock market last year, said yesterday it has rejected a preliminary bid approach.

Comparison site warns on profits after closure of Firstplus

The shock closure of Barclays Bank's Firstplus secured loans business yesterday forced Moneysupermarket.com, the price comparison site, to rush out an immediate profits warning.

Blood money: the MPs cashing in on Zimbabwe's misery

Tory frontbenchers are among those with shares in companies accused of propping up the violent – and now illegal – regimein Harare. Jane Merrick and Archie Bland report

Gugulethu Moyo: If the British really want to get rid of Mugabe, this is how

UK businesses are sustaining a tyrant's regime. The arguments against sanctions are just excuses

Standard Chartered at centre of Zimbabwe sanctions inquiry

Standard Chartered bank is under fire for allegedly breaching EU sanctions on Zimbabwe. The Foreign Office admitted it is investigating one case of a possible breach of the sanctions.

Barclays full-year earnings consensus revised down

Barclays Bank has revised down its calculation of analysts' consensus for its full-year profit for the second time this month – cutting the figure for 2008 by nearly 8 per cent after a drop of 15 per cent two weeks ago.

Fall in retail sales coincides with surge in inflation for manufacturers

Confidence in the UK's fragile economy suffered a double blow yesterday with new data showing falling retail sales and increasing inflation in the manufacturing sector.

Life and Style
Fans line up at the AVNs, straining to capture a photo of their favourite star
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Professor David Nutt wants to change the way gravely ill patients are treated in Britain
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Arts and Entertainment
Jonny Evans has pleaded not guilty to an FA charge for spitting at Papiss Cisse
Life and Style
Kate Moss will make a cameo appearance in David Walliams' The Boy in the Dress
The image released by the Salvation Army, using 'The Dress'
Liverpool defender Kolo Toure
football Defender could make history in the FA Cup, but African Cup of Nations win means he's already content
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable