Relative of President Xi Jinping accused of being a director of an offshore company based in the British Virgin Islands
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Thursday 24 May 2012
A much-hyped listing swiftly followed by the share price plummeting – sound familiar? As the fall-out from the Facebook IPO continues to rumble on, today marks the one-year anniversary of another debut that has not exactly lived up to expectations. After a massive float worth £37bn, official trading of shares in Glencore International began exactly 12 months ago. However, you could forgive those investors who got in at the start for not blowing out the candles on the cake with too much enthusiasm.
Monday 14 May 2012
Sunday 06 May 2012
An education group that specialises in partnering with universities, but is opposed by many lecturers, is looking to private equity to take a minority stake in the business.
Tuesday 17 April 2012
The former Bank of America Merrill Lynch corporate broker at the centre of a Financial Services Authority (FSA) "market abuse" crackdown has been offered a return to the City by Russia's Renaissance Capital.
Wednesday 04 April 2012
Ian Hannam is by far the Financial Services Authority's biggest scalp in the recent flurry of prosecutions on disclosing inside information.
Saturday 24 March 2012
Racing yacht Bob donated to charity
Sunday 18 March 2012
Retailer's results to show online business netted £257m last year
Wednesday 14 March 2012
It has been on its knees recently, but Exillon Energy spurted up yesterday after becoming the latest oil group to get a boost from takeover talk. The Russia-focused explorer – which has seen its share price more than halve over the past year – jumped nearly 8 per cent as speculation was reheated that it could become a target.
Sunday 11 March 2012
Male directors of British companies still vastly outnumber female ones, but things could soon change thanks to the efforts of pioneers such as these. Kate Youde reports on gender imbalance in the boardroom
Tuesday 14 February 2012
There is nothing like bid talk to get the Square Mile excited, and there was plenty to whet the appetite yesterday. The news that Vodafone is eyeing up Cable & Wireless Worldwide was not the only prospective deal on investors' minds amid claims that companies are eager to start splashing the cash.
Saturday 11 February 2012
Thanks to the country's famous privacy laws, the Swiss banking industry holds colossal fortunes within its vaults. Photographer Mark Henley trains his lens on a high-finance haven. Click on the gallery above to see his images.
Friday 10 February 2012
Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season. Across the group, which employs thousands in its Canary Wharf offices in London, the average bonus cut is 41 per cent. The 15 executive directors will take a 57 per cent cut.
Friday 10 February 2012
Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season.
Sunday 05 February 2012
BP's chief executive, Bob Dudley, is expected to increase the oil giant's dividend for the first time since it was reinstated for the end of 2010 after a six-month suspension.
Thursday 02 February 2012
A trader at the centre of the sub-prime mortgage securities scandal at Credit Suisse in London was unmasked yesterday as he pleaded guilty to falsifying the books in a New York court.
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- 1 Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
- 3 Dad attempts revenge on teenage daughter, plan backfires spectacularly
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights