The Operation Motorman whistleblower who exposed the vast scale on which the media used private detectives to obtain private information wants a written apology from Cheshire Police after it admitted carrying out an unlawful raid on his home.

The Financial Transactions Tax nicknamed the "Robin Hood Tax" might be popular with celebrities, but Osborne's objections are rooted in economic good sense

Prosecutors in Italy are seizing about €1.8bn (£1.5bn) of assets from the Japanese group Nomura Holdings as part of an inquiry into Banca Monte dei Paschi di Siena's use of derivatives to hide losses. The sequestration is linked to allegations of fraud and usury.

The City stalwart Terry Smith has felt the pinch from a “not particularly vintage year” as his pay and bonuses fell by almost £1m.

US Outlook So many reasons exist to be suspicious of the current boom in world stock markets, it's hard to know where to start. The renewed eurozone crisis, slowing growth in China, sovereign debt down-grades, the flattering effect of QE. I could go on.

Hopes that this year could be a major turning point for share markets were boosted today after  the boss of the biggest supplier of trading software to the City said the past few weeks had seen record trading in equities.

The face of American capitalism for more than 200 years is about to fall for a company that's been about for just 12.

Two centuries of independence for the New York Stock Exchange are set to come to an end after its operator, NYSE Euronext, agreed to sell itself to Inter-continentalExchange, the commodities-focused markets business, in an $8bn (£5bn) deal.

Outlook Another day, another price-fixing scandal, this time in the energy markets. But it's far from clear, at least from what we know so far, that this one matters very much. The price-rigging alleged by the whistleblower Seth Freedman actually involved sending prices down rather than up.

The new Archbishop of Canterbury will continue to apply the expertise he has acquired from his two careers to the overhaul of banking standards, it was confirmed today.

Bankrupt Irish businessman Sean Quinn, once the country's richest man, was sentenced Friday to nine weeks in jail by a Dublin court.

America's scandal-racked JP Morgan Chase smashed Wall Street's forecasts yesterday with the help of a revival in so-called simple banking.

London received a major boost to its status as a global financial centre yesterday as the world's largest futures exchange, CME, revealed it has applied to run a new European derivatives market there.