News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Former Deutsche Bank executive found dead in London home

William Broeksmit was found dead on Sunday by London police responding to reports of a man hanging at a house in South Kensington

The Week Ahead: Deutsche Bank experts sum up the year as one with ‘many successes’

The weather isn’t good enough for ice-cream but Ben & Jerry’s and Wall’s owner Unilever is expected to have still managed to sell enough soap, soup and other household wares to keep its full-year results tomorrow from looking too icy.

US watchdogs visit Citigroup's London headquarters amid forex probe

Two of the most powerful watchdogs in the US have sent investigators into the London headquarters of the giant bank Citigroup as the probe into alleged manipulation of global currency markets.

The rise in the cost of groceries has contributed to the rise in people using food banks, such as this one in Poplar

Britain ‘put profits of banks ahead of EU curbs on food speculators’

The Government has been accused of protecting corporate profits at the expense of the world’s poorest people by trying to block European Union reforms to curb food speculation.

RBS and Barclays face new probe by US regulators

RBS is said to be among nine banks being investigated for selling subprime mortgages

Market Report: Once predicable, RSA is in disarray since the departure of its boss

It's been a torrid few months for RSA Insurance, a company that was once as predictable as a Swiss clock but is now in disarray after the departure of its beleaguered boss, Simon Lee, last week.

Market Report: Traders bet US Fed will keep the taps turned on into the  new year

A two-day meeting kicks off today at the US Federal Reserve to decide whether to bring to an end to the quantitative easing sooner rather than later.

Labour targets Treasury minister over role at Libor scandal bank

Javid had job at bank that is one of those hit by record fine for cartels' conspiracy

Banks fined record £1.4bn over rate rigging scandal

The European Commission has fined five international banks, including Royal Bank of Scotland, and a broker a record 1.7 billion euros (£1.4 billion) for rigging crucial interest rate benchmarks.

Twitter underwriter warns of "unattractive valuation" after hot stock market debut

One of the banks that floated Twitter on the New York Stock Exchange has stunned Wall Street by warning of an “unattractive valuation” and rated the stock to “underperform” rating on the shares.

Market Report: The wider market followed Europe's lead and fell into the red

From Black Friday to Cyber or Mega Monday – the marketing machine to promote Christmas shopping was in full swing yesterday, but the stock market resembled meagre Monday as a series of downgrades and margin warnings hit the retail sector.

MPs summon corporate advisers to explain their valuations of Royal Mail

A group of the City’s best-known corporate advisers has been summoned to appear before a committee of MPs to discuss the price at which Royal Mail was floated on the London Stock Exchange last month.

Market Report: Double Standards rock the markets

The City can be very fickle when it decides what stock is on or off the buy list, and yesterday the FTSE had particularly varying standards. Insurer Standard Life Investments was in but Standard Chartered Bank was out.

Jamie Dimon, JP Morgan's chairman and chief executive, apologised for initially dismissing the affair as

JP Morgan fined £570m over ‘London Whale’ trading losses

Wall Street Bank agrees to make payouts to four regulators in compensation for derivative losses in 2012 costing $6.2b

James Moore: Telling the truth has its price as Tesco dumps house brokers

Outlook The way Tesco tells it, the decision to dump long-time brokers JP Morgan Cazenove and Nomura was simply good housekeeping. The two had been in place for seven years, after all, and since then there's been a change of chief executive, with Philip Clarke now in charge, not to mention a rather notable change in the fortunes of the business. Having previously been described as "the supermarket that ate Britain", the last couple of years have seen the retailer suffering from corporate indigestion.

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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
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
Countries that don’t survey their tigers risk losing them altogether

Countries that don’t survey their tigers risk losing them

Jonathon Porritt sounds the alarm
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on