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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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Being sexually assaulted was not your fault, Chrissie Hynde. Don't tell other victims it was theirs

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Please don't tell other victims it was theirs
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Part-privatised tests, new age limits, driverless cars: Tories plot motoring revolution

Conservatives plot a motoring revolution

Draft report reveals biggest reform to regulations since driving test introduced in 1935
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House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

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When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
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International Tap Festival comes to the UK

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War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

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Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border