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The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

The tax affairs of more than 4,000 Britons with an HSBC bank account in Jersey were under scrutiny today

'Bonuses restricted' after HSBC is ordered to pay $1.9bn to settle money-laundering probe

Bank accused of violating the Bank Secrecy Act and the Trading With the Enemy Act

British banks close to settling US money-laundering charges

Two of Europe's largest banks are close to handing over a total of more than $2 billion to resolve allegations that they flouted US anti-money-laundering laws, according to officials and people familiar with the matter.

UK banks face $2.5bn fines over sanctions and money laundering

Two British banks will pay fines totalling nearly $2.5bn (£1.6bn) to United States regulators over money laundering and sanctions busting, it emerged today.

James Ashton: HSBC has to prove that size still matters

Outlook It would be easy to characterise the size of HSBC's expected $1.8bn (£1.1bn) fine for money-laundering as a small price to pay to settle this sorry affair.

HSBC sells stake in China's insurer Ping An for £5.8bn

HSBC, Europe's largest bank, today agreed the sale of its 15.6 per cent stake in Chinese insurance giant Ping An for $9.4bn (£5.8bn).

HSBC makes $9bn from Ping An sale

HSBC, Europe's largest bank, has agreed the sale of its 15.6 per cent stake in the Chinese insurance giant Ping An for $9.4bn (£5.8bn).

RBS to shut down Indian operation after deal to sell it to HSBC collapses

Taxpayer-controlled Royal Bank of Scotland is to wind down its operations in India after a deal to sell the business to HSBC struck two years ago collapsed.

UK losing AAA rating 'not so bad'

Chancellor George Osborne's attempts to cling onto the nation's triple-A credit rating look doomed but the loss would be "symbolic, not catastrophic", the UK's biggest bank says.

UK downgrade looms 'but it could be a help'

Chancellor George Osborne's attempts to cling onto the nation's triple-A credit rating look doomed but the loss would be "symbolic, not catastrophic", the UK's biggest bank says.

Manufacturing in China is showing growth once more

China manufacturing data signals rebound gathering pace

A Chinese manufacturing index signaled the first expansion in 13 months, adding to signs that economic growth is rebounding after a seven-quarter slowdown.

Bond quits as investors veto £140m Xstrata payout

Sir John Bond resigned as chairman of Xstrata yesterday after investors backed the miner's proposed £56bn merger with Glencore but voted overwhelmingly to oppose £140m of retention bonuses he had sought to tie into the deal.

Xstrata chairman quits over bonuses veto as Glencore tie-up agreed

Sir John Bond dramatically resigned as chairman of Xstrata yesterday after investors backed the miner's proposed £56bn merger with Glencore but voted overwhelmingly to oppose £140m of retention bonuses he had sought to tie into the deal.

Osborne under pressure to reduce UK's reliance on gas

The Chancellor, George Osborne, is under mounting pressure to cut dramatically Britain's reliance on gas after a coalition of the world's biggest investment fund managers made an unprecedented call on the Government to step up its commitment to low carbon energy.

HSBC considers £6bn mega-sale after approach for insurer Ping An

HSBC, Europe’s largest bank, could be about to make its largest asset sale since chief executive Stuart Gulliver revealed his three-year $3.5 billion cost-cutting and rationalisation plan 18 months ago.

Former AIA boss is front-runner to be Aviva chief

Mark Wilson, former boss of Asian insurer AIA, has emerged as the frontrunner to become the next Aviva chief executive.

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Michael Buerk in the I'm A Celebrity jungle 2014
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The cast of Downton Abbey in the 2014 Christmas special
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Presents unwrapped, turkey gobbled... it's time to relax

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The Black Friday Vines that will destroy your faith in humanity
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Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game