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JPMorgan chief says virtual currency faces major regulatory hurdles

Prosecutors charge Madoff's accountant with fraud

Bernard Madoff's longtime accountant was arrested on fraud charges today and accused of helping the disgraced money manager cheat thousands of investors out of billions of dollars in the past two decades.

Stephen Foley: Prosecutors come after Ruth Madoff's millions

It was all very gallant of Bernard Madoff to try to protect his wife from the US authorities bent on reducing her to penury, but the net is closing in.

Dominic Lawson: You can try to make people say sorry, but does it do any good?

Those wanting Brown to apologise have no intention of forgiving him

Sarah Sands: Madoff has the sociopathic composure of a Shipman

A criterion of being a sociopath is composure. Bernard Madoff, jailed last week for the greatest personal financial fraud in history, did not look ghastly and his apology to his former clients carried no explanation. He has borne the waves of hysterical loathing calmly.

Deborah Orr: Apologies change nothing

Unlike a huge list of others – from Prime Minister Gordon Brown to Haringey social services head Sharon Shoesmith, from disgraced banker Fred Goodwin to child-killer Sean Mercer – Bernard Madoff has at least apologised. "I'm deeply sorry and ashamed for my crimes," he said after pleading guilty to the biggest fraud in history this week. "I am painfully aware that I have hurt many people."

Madoff admits blockbuster fraud

Bernard Madoff pleaded guilty today to charges he orchestrated the biggest financial swindle in Wall Street history, cheating investors out of billions of dollars in a fraud that shocked the public and drew demands for stricter regulations.

Sean O'Grady: When it seems too good to be true...

How did Madoff's victims ever allow themselves to be taken in?

Madoff expected to plead guilty to fraud charges

Bernard Madoff, accused of masterminding a $50 billion financial fraud, is expected to plead guilty tomorrow to 11 criminal charges that could put him in jail for the rest of his life.

Major City frauds uncovered by police

Detectives and SFO reveal inquiry into big 'Ponzi' scheme and several 'mini-Madoffs'

Market Report: Man tumbles on concern over redemptions

The prospect of yet more pain for hedge funds unsettled Man, the London-based fund group, which traded lower as the London market came off the rally path.

Nomura seeks ¥302bn in new capital to shore up balance sheet

Nomura, Japan’s biggest brokerage, has announced plans to raise up to ¥302bn (£2.19bn) in new capital to shore up a balance sheet weakened by losses from the financial turmoil.

Madoff: No investments for clients in 13 years

Bernard Madoff, the Wall Street grandee whose confession of a $50bn (£35bn) pyramid scheme prompted a new crackdown on fraud in the US, had not made a single investment on behalf of his clients in at least 13 years, it was revealed yesterday.

Richard Ingrams's Week: Don’t bring God into it – we have enough worries

“Now stop worrying” is the message of the crusading atheists who have paid to have the rather half-hearted slogan “There’s probably no God” plastered all over a lot of our buses.

Stephen Foley: The returns seemed too good to be true – and they were

The charges laid against Sir Allen Stanford inevitably invite comparisons with Bernard Madoff, the Wall Street swindler who turned himself in last December. Both men claimed to have found a miracle-grow formula for investing, able to return double-digit percentage profits, year in, year out – but were vague when anyone dared ask how. Even the headline numbers coincide: both Madoff and Stanford claimed to be managing about $50bn (£35bn) in customers’ assets. Both men were faking it, it is now alleged.

Charged with fraud, man who bankrolled cricket

US police raid Sir Allen Stanford’s offices as depositors pull money from Antigua bank
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No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor