London trader's email 'damaged Greek economy'

A London trader is expected to be questioned by police after being accused by the Greek authorities of sending an email designed to stir up rumours of a plan to restructure debt in the embattled country.

US makes $12bn profit on Citigroup sell-off

The US government has sold its remaining shareholding in Citigroup, providing American taxpayers with a $12bn (£7.6bn) profit and raising hopes of better times for a bank that came to epitomise the phrase "too big to fail".

Terra Firma and Citi attempt deal ahead of EMI showdown

Terra Firma and Citigroup were locked in talks last night in a last-ditch bid to avert the start of a trial in New York, which will decide if the US bank misled Guy Hands' private equity firm over the buyout of EMI Music.

Terra Firma to get trial over EMI deal

Guy Hands' Terra Firma can proceed to trial against Citigroup in their dispute over Terra's 2007 acquisition of the music group EMI, a US federal judge ruled late on Tuesday night.