One of the UK's first and best-known internet banks was broken up today in a move threatening up to 600 jobs.
Sponsorship opportunities created by 80-acre east Manchester development can wipe out huge losses
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.
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".
EMI boss and Citigroup financier in Manhattan court over £4bn deal that went sour
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.
Guy Hands claims his advisers made him pay too much for EMI, the Beatles' label – and is taking them to court
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.