News

A former senior investment banker, his wife and a family friend pleaded guilty yesterday to eight charges of insider trading.

Investors in legal row over Gherkin advice

Court ruling against Deustche Bank could prompt fresh claims on City's landmark skyscraper

The Hedonist: Berlin

By Tremayne Carew-Pole from <a href="http://www.hg2.com" target="new">Hg2</a> luxury city guides

Editor-At-Large: Who's cashing in on fine art? The banks, of course

The world's most expensive artwork, sold at auction last week for £65m, is by a sculptor who is considered rather unfashionable. He is certainly not ranked by critics as one of the half- dozen most important artists of the 20th century. Even more puzzling, the work is not unique, but is number two of an edition of six. Why did Giacometti's bleak stick figure of a man walking hit the jackpot?

Private banking group Kleinwort Benson snapped up for &#163;225m

Belgian buyer to keep name dating back to 1852

David Prosser: Watchdog's bark is worse than its bite

Outlook In this brave new world of better financial regulation, we can presumably rest assured that any transgressions by City folk will be viewed pretty dimly by the powers that be. Well not if the case of two Dresdner Bank traders who have just been convicted of insider trading is anything to go by.

Dresdner sued by more ex-staff in payout dispute

Investment bank's parent refuses to make payouts after huge Dresdner losses

Merkel makes &#163;44bn U-turn to try to save sinking German economy

Critic of UK's 'crass Keynesianism' offers package of tax cuts and state spending

German government injects &euro;10bn into Commerzbank

State to take 25 per cent stake to preserve merger deal with Dresdner Bank

Leading graduate employers pull out of university 'milk round'

Several leading graduate employers have pulled out of this year's university "milk round", as the credit crunch has forced them to pare back recruitment plans for 2009.

The great Wall St earthquake

The disappearance of two more giant investment banks will transform an industry whose business model has been broken on the wheel of the credit crunch. By Nick Clark

City braced for fresh round of banking job cuts

Commerzbank plans to shed 1,200 jobs in London as it agrees to buy out Dresdner for &euro;8.8bn

Margareta Pagano: A capital crunch is coming if cash calls aren't speeded up

The Treasury must grasp the nettle if the City is to keep its reputation

Market Report: BSkyB heads south on bleak advertising outlook

BSkyB was weak yesterday after JP Morgan reignited investor concerns about the outlook for advertising revenues.

Market update - 26 June

The FTSE 100 was down 70 points at 5595.1, while the FTSE 250 was down 88.7 points at 9232.5 at 11.52am today.

Market update - 25 June

The FTSE 100 was up 24.7 points at 5659.4 at 11.23am on Wednesday - Barclays led the blue-chip advance and climbed by almost 6 per cent or 18.25p to 329p after launching its long-expected £4.5bn cash call and announcing a plan to bring in new investors, including the Qatar Investment Authority and Japan’s Sumitomo Mitsui Banking Corporation.

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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?