Two of the world's largest banks suspended, or put on leave, traders in London and New York yesterday as part of an investigation into alleged manipulation of the trillion-dollar currency market.
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Saturday 27 March 2010
Q. A couple of years ago you helped with a large debt from O2 Ireland. As a result of your help, O2 Ireland stopped making demands for an old disputed mobile phone bill. But now my mother in County Cork has received a demand from debt collectors for €1,180.34 (£1,060), addressed to me. MR, London.
Tuesday 16 March 2010
Earnings hopes supported Centrica as the FTSE 100, hit by another round of weakness in the mining sector, traded lower last night.
Thursday 11 March 2010
Wednesday 17 February 2010
Former Beatle Sir Paul McCartney told of his hopes that the famous Abbey Road Studios could be saved after reportedly being put up for sale by owner EMI.
Tuesday 16 February 2010
London's iconic Abbey Road recording studios have been put up for sale by embattled music group EMI, it was reported today
Sunday 07 February 2010
Sunday 07 February 2010
Wednesday 20 January 2010
Citigroup, the embattled American bank, yesterday unveiled huge losses for the second year in a row. The bank said it shed $1.6bn last year after it plunged into the red in the fourth quarter, largely thanks to repaying $6bn of US government support.
Tuesday 19 January 2010
US banking giant Citigroup reported a full-year loss today but hailed "enormous progress in 2009".
Tuesday 12 January 2010
Cairn Energy stood out as the FTSE 100 touched a new 16-month high yesterday, with buyers outnumbering sellers amid hopes for the oil and gas prospector's foray into Greenland.
Wednesday 06 January 2010
Smiths Group fell prey to a round of profit-taking last night as traders moved to secure recent gains, believing that the potential boost from the scramble for airport scanners might prove to be relatively limited.
Sunday 03 January 2010
Citi, the investment bank, will help to lead the London listing of the Russian coal giant Suek, one of a number of huge initial public offerings (IPOs) in 2010.
Thursday 31 December 2009
Saturday 19 December 2009
US Outlook: Surely this week's fund-raising debacle is the final straw for shareholders, when it comes to their tolerance of Vikram Pandit's incompetent leadership at Citigroup?
Friday 18 December 2009
Shareholders and analysts have reacted angrily to Citigroup's botched $20.5bn (£12.5bn) fundraising, in which poor demand from investors drove the banking giant's share price sharply lower and left the US government unable to sell any of its stake.
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