Commerzbank furious at losing case over payouts cut after a takeover

More than 100 London investment bankers who sued Commerzbank for €52 million (£44 million) over unpaid bonuses today won a landmark victory when the Court of Appeal upheld the decision in an unanimous verdict.

Turmoil in the eurozone continues to drag down the UK's exporters, raising the probability that the economy contracted again in the final quarter of 2012.

Schwitters, Manet, Vermeer ... it's set to be a vintage year for art shows, big and small

Kazakh mining giant Eurasian Natural Resources Corporation (ENRC) has beefed up the role of its chairman as it tries to placate angry investors over corporate governance.

The restart of refineries in the storm-hit northeastern United States gave a small boost to crude oil prices on Thursday.

More than 100 London bankers have won their claim for £42m in unpaid bonuses against Germany's Commerzbank in the High Court. At least five are set to collect payouts in excess of £1m for bonuses promised just before the financial crisis.

Confidence plunged again in the eurozone this month as austerity bites and the single-currency bloc heads towards an all-but-inevitable recession, the European Commission warned yesterday.

Some might feel that the world's bankers have been metaphorically wazzing on us from a great height for years.

More than 100 London investment bankers yesterday launched a claim in the High Court for £42m in unpaid bonuses from the German banking giant Commerzbank.

More than 100 London bankers will next week go to the High Court to sue German banking giant Commerzbank over €50m (£42m) in unpaid bonuses.

Germany's economy slipped into reverse in the last quarter of 2011 in spite of showing strong overall growth for the year of 3 per cent, the country's Federal Statistics Office said today.

Edward Bonham Carter and other top managers at Jupiter Fund Management banked almost £63m yesterday as they sold shares on the first day that their post-flotation lock-in lapsed.