News

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

BT chief Ian Livingston quits to join Coalition Government as Gavin Patterson is brought in

Ian Livingston has been lured from helm of BT to become David Cameron's Trade minister, banging the drum for UK exports and inward investment.

James Moore: Bt's Ian Livingston times exit well while the going is good

Outlook One of the key skills for a chief executive is getting the timing of your departure right. Ideally, you want to ensure a successor has six months in the job with a couple of decent trading statements before any serious problems emerge.

BT chief executive Ian Livingston, who will be appointed to the Government as trade minister

Gavin Patterson replaces BT chief Ian Livingston after he quits to take on role as Government trade minister

Former chairman and chief executive of HSBC Lord Green to stand down

Market Report: Finance shares hit by ECB growth cut

A widespread market sell-off, prompted by a growth forecast cut from the European Central Bank, left the UK's financial stocks at the bottom of the pile yesterday. But the City marked out one notable exception: scribblers at HSBC reckon Michael Spencer's interdealer broker Icap is worth a look.

HSBC in dock for 'flouting US laws on mortgage foreclosures'

HSBC failed to comply with New York state laws that give homeowners facing foreclosure an early shot at negotiating a settlement, thus putting them at greater risk of losing their homes, the state's attorney general alleged in a new case against the bank yesterday.

When the Money Runs Out, By Stephen D King. Yale, £20. The Growth Map, By Jim O'Neill. Portfolio Penguin, £10.99

We call it globalisation and it is one of the two great economic stories of our time: that shift of economic power from the old developed world to the new emerging one. The other story is the nasty economic cycle we have just experienced. The two stories are linked because the failures of Western economic management that exacerbated the last recession have sped up the power shift.

Spotlight On: HSBC's tracker mortgage

The deal

Ex-spy boss Sir Jonathan Evans to help HSBC in fight against financial crime

Bank hires former head of MI5 to clean up its act after being fined by US authorities

Ex-HSBC executive Niall Booker parachuted in to sort out Co-op

The veteran HSBC banker Niall Booker has been made chief executive of the struggling lender The Co-operative Bank.

Niall Booker named as new Co-operative bank chief

Senior HSBC banker Niall Booker is to become chief executive of the troubled Co-operative Bank and deputy chief executive of the Co-operative Group, it was announced today.

Bill Oddie is to question HSBC about connections to deforestation in Borneo

HSBC reviews logging policy as Bill Oddie film sparks petition

Bank launches audit as outcry grows over links to Malaysian logging companies

New blows shake hopes for UK economic recovery as IMF delivers warning to George Osborne

Slumping High Street sales and halting progress in cutting the deficit dampened hopes of green shoots for the British economy today.

Market Report: Success in retail not always a good thing

Next and WH Smith were victims of their own success as scribblers at Nomura downgraded the pair.

John Thornton quits HSBC board

John Thornton, the former Goldman Sachs president who specialises in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests.

The Business Matrix: Tuesday 21 May 2013

Abenomics strategy pays off

News
news
News
peopleIt seems you can't silence Katie Hopkins, even on Christmas Day...
Arts and Entertainment
tvChristmas special reviewed
Arts and Entertainment
Wolf (Nathan McMullen), Ian (Dan Starky), The Doctor (Peter Capaldi), Clara (Jenna Coleman), Santa Claus (Nick Frost) in the Doctor Who Christmas Special (BBC/Photographer: David Venni)
tvOur review of the Doctor Who Christmas Special
News
i100
Arts and Entertainment
Jenna Coleman as Clara Oswald in the Doctor Who Christmas special
tvForget the rumours that Clara Oswald would be quitting the Tardis
Arts and Entertainment
Japanese artist Megumi Igarashi showing a small mascot shaped like a vagina
art
Career Services

Day In a Page

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 Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
Veterans' hostel 'overwhelmed by kindness' for festive dinner

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all