Sport Mohamed Salah, of Basel, holds off Chelsea's Frank Lampard during their Europa League semi final second leg at Stamford Bridge last May

Chelsea’s new signing accused of snubbing opposition before match

RBS chair defends CEO's pay

The chairman of taxpayer-owned bank RBS defended the pay deal of chief executive Stephen Hester, claiming that, in market terms, the £7.7m package was towards "the lower end".

Banking rules are not strong enough, warns FSA's chairman

Adair Turner also calls for a greater focus on risks of the 'shadow banking' system

David Prosser: Keeping the flame of bank reform flickering

Outlook What we won't get in next week's Budget is anything new on theregulation of the banking sector. Recognising what a toxic topic this would be, particularly given the LibDems' public pronouncements about bankers prior to the election, Mr Osborne very wisely opted to kick reform into the long grass by appointing the Independent Banking Commission. Until Sir John Vickers' inquiry comes up with proposals later this year, Mr Osborne doesn't have to address this issue in any meaningful way.

48 Hours In: Bern

Einstein made his greatest discoveries in the Swiss capital – yet you need not be a genius to work out that the city makes an ideal weekend escape, with the prospect of good skiing nearby.

Standard Chartered says UK is 'less enticing'

Standard Chartered warned yesterday that muddled rules and the banking levy were making the UK a less attractive base for its booming business as the bank racked up its eighth straight year of record profit.

FSA budget tops £500m but City firms pay less

The Financial Services Authority (FSA), the market watchdog, has raised its budget for the coming year to just over half a billion pounds, an annual increase of more than 10 per cent.

Stephen Foley: Dimon's gripes reveal reform is still being resisted by the banks

US Outlook: You can pretty reliably measure how well the efforts to reform the banking system are going by listening to how annoyed Jamie Dimon is on a results conference call. The more complaining he does, the more content you should feel.

Something smells odd in the lucrative world of saffron

Prized for centuries for its pungent aroma and golden colour, saffron commands the highest price of any spice. Shoppers may wish to query its purity and quality, though.

Regulators: Banks should publicise payments

A powerful group of international financial regulators has proposed that the payments made by banks to senior management, risk management staff, traders and other "material risk takers" be made public for the first time.

David Prosser: Banks to seek billions of euros

Outlook Coming soon to a stock market near you: more capital raisings from banks. The Basel Committee, the global banking regulators who earlier this year set new standards for capital, liquidity and leverage, has been doing its sums. Yesterday, it said the world's largest 94 international banks needed to raise €577bn in order to comply with the new capital requirements, due to be introduced gradually over the six years from 2013 onwards.

Scholl / Jaroussky / Ensemble Artaserse, Barbican Hall, London<br/>Bartoli / Fagioli / Kammerorchester Basel, Barbican Hall, London

Bizarre pronunciation adds a puzzling dimension to a recital by a brace of countertenors, while Cecilia Bartoli is simply scintillating

King tells banks they will have to be broken up

The battle over the future of banking witnessed another skirmish yesterday as the Governor of the Bank of England, Mervyn King, and the chief executive designate of Barclays, Bob Diamond, clashed over tougher rules.

David Prosser: The bank doth not protest too much

Outlook Standard Chartered's insistence yesterday that its £3.5bn rights issue has been launched primarily with the more stringent capital requirements of Basel III in mind was met with some scepticism in the market. After all, the bank raised £1bn in August 2009 and its Tier One capital ratio, at 9 per cent, is comfortably ahead of the 7 per cent required under Basel III. Might the cash call have more to do with amassing funds for acquisitions, some analysts wondered?

Leading bankers warn that new rules will hit recovery

"Too tough" banking regulation will put a "drag on economic recovery" and cost upwards of 10 million jobs globally, the world's leading bankers have warned.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn