News

EU watchdogs are preparing to impose multi-million euro fines on six banks, including Royal Bank of Scotland and HSBC, where traders are suspected of having tried to manipulate Euribor interest rates.

The Business On... Bill Winters, Founder, Renshaw Bay

Renshaw Bay? Never heard of it

The Business On... Gary Gensler, Chairman, Commodity Futures Trading Commission

Flexing his muscles, is he?

NYSE Euronext and Deutsche Börse plan monster merger

NYSE Euronext, the owner of the New York Stock Exchange, and Deutsche Börse are close to proposing to merge and form the world's largest equity exchange. The deal would directly challenge competition authorities and would accelerate the wave of consolidation sweeping across the industry.

LSE hails TMX deal but Canadians remain wary

Shares in the London Stock Exchange soared yesterday after it confirmed plans to merge with TMX Group, which owns the Toronto stock exchange.

The Business On... Jon Corzine, Chief executive, MF Global

Third time lucky, let's hope

Terence Blacker: Why are we so scared of silence?

People are so afraid of silence that they are prepared to have their privacy invaded

Unnamed buyer swoops on up to 80 per cent of London's copper market

A mystery buyer has cornered the London copper market, sitting on up to 80 per cent of the physical stockpiles traded on the capital's metal exchange.

FSA charges five in Blue Index case

Five people, including two former directors and one former trader at the derivatives brokerage Blue Index, have been charged with insider dealing by the Financial Services Authority, the market watchdog.

LSE takes aim at rivals as it gears up to move into derivatives

Xavier Rolet, chief executive of the London Stock Exchange, is squaring up for a potential legal battle with rival derivative exchanges as he prepares the company to take on their businesses.

The great American mortgage crisis deepens

Foreclosure abuse has sparked anger at the banks, as fears over its impact on the fragile housing market grows. Stephen Foley investigates

One computer trade caused 'flash crash'

The "flash crash" which sent the US stock market down 9 per cent in 20 minutes on 6 May began in the futures market with a single computer-generated trade, according to a joint report by stock and derivatives market regulators last night.

James Moore: A worthy attempt by the FSA to lead the way on banking reform

Outlook The more we learn about the banking crisis, the more crazy what was going on in the months leading up to it appears to be. Take credit derivatives, those weird and wonderful devices that, when linked to subprime mortgages, very effectively spread a worldwide financial 'flu.

Goldman Sachs: The bank standing at the crossroads

New US and international regulations threaten to deprive Wall Street's king of the hill of its crown

Mephedrone legal alternatives just as risky, say experts

Many of the legal alternatives to mephedrone available on the internet contain the same substance or related chemicals and are just as risky, experts warn today.

The City Diary: A spy too ordinary: Camilleri unimpressed by Russian 'agent'

Slackbelly exposes the Good, the Bad, and the Ugly of the Square Mile
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?
Rachael Lander interview: From strung out to playing strings

From strung out to playing strings

Award-winning cellist Rachael Lander’s career was almost destroyed by the alcohol she drank to fight stage fright. Now she’s playing with Elbow and Ellie Goulding
The science of saturated fat: A big fat surprise about nutrition?

A big fat surprise about nutrition?

The science linking saturated fats to heart disease and other health issues has never been sound. Nina Teicholz looks at how governments started advising incorrectly on diets
Emmys 2014 review: Can they genuinely compete with the Oscars

Can they genuinely compete with the Oscars?

The recent Emmy Awards are certainly glamorous, but they can't beat their movie cousins
On the road to nowhere: A Routemaster trip to remember

On the road to nowhere

A Routemaster trip to remember
Hotel India: Mumbai's Taj Mahal Palace leaves its darker days behind

Hotel India

Mumbai's Taj Mahal Palace leaves its darker days behind
10 best pencil cases

Back to school: 10 best pencil cases

Whether it’s their first day at school, uni or a new project, treat the student in your life to some smart stationery
Arsenal vs Besiktas Champions League qualifier: Gunners know battle with Turks is a season-defining fixture

Arsenal know battle with Besiktas is a season-defining fixture

Arsene Wenger admits his below-strength side will have to improve on last week’s show to pass tough test
Pete Jenson: Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought

Pete Jenson: A Different League

Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought
This guitar riff has been voted greatest of all time

The Greatest Guitar Riff of all time

Whole Lotta Votes from Radio 2 listeners
Britain’s superstar ballerina

Britain’s superstar ballerina

Alicia Markova danced... every night of the week and twice on Saturdays
Berlin's Furrie invasion

Berlin's Furrie invasion

2000 fans attended Eurofeurence
‘It was a tidal wave of terror’

‘It was a tidal wave of terror’

Driven to the edge by postpartum psychosis