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

Market Report: Experts pour cold water on bid talk

Traders have spent this year trying to flush out takeover deals for water groups including Pennon and United Utilities. But yesterday experts at HSBC washed out any hope of M&A, blaming regulatory uncertainty as the cause.

Spotlight on: HSBC's 5-year fixed mortgage

The deal

HSBC axes over 1,000 jobs as bank 'evolves'

HSBC announced job cuts today, impacting on thousands of its staff, over the “changing nature” of the business as well as regulation.

England sevens players show their colours to promote 'Safari' fancy dress theme for fans

Rugby players have often been called animals….and now they really look the part.

Police officers on the look out as Thatcher's body arrives at the Crypt Chapel of St Mary Undercoft in the Houses of Parliament

Boston bombing prompts security increase at Margaret Thatcher's funeral

MI5 are concerned that Republican splinter groups are plotting an attack on Britain

Chinese luxury shoppers seek home comforts

Wealthy Chinese shoppers are beginning to ditch European shopping trips for Asian spending sprees.

Aviva Premiership round-up: Semesa Rokoduguni deflates battling London Welsh

Few would have expected anything else. London Welsh, weighed down by their five-point deduction, showed that they will fight to the end against relegation from the Premiership, but yesterday raw effort was not enough.

Postcard from...Hong Kong

HSBC accused of aiding tax evasion in Argentina

The British banking giant HSBC has been accused of facilitating money laundering and tax evasion in Argentina.

Ben Chu: Forget the bleats about those banking bonuses

Outlook Others, however, seem to be going backwards. For some reason Andrew Bailey has chosen to throw his weight behind the inalienable right of UK banks to pay their staff bonuses many multiples of their basic salaries. He brandished a back-of-an-envelope calculation before the Treasury Select Committee this week in his confirmation hearing as the new boss of the Prudential Regulation Authority.

The Business Matrix: Tuesday 12 March 2013

GE wants Mary Schapiro on board

The HSBC bonus pool was cut by 12% from $4.2 billion to $3.7 billion

Outrage as HSBC hands £2m bonus to chief Stuart Gulliver after fine in US

Two hundred are paid more than £1m despite sanctions-busting exposure

James Moore: Precious little humility from those at the top despite banks' misdeeds

Outlook. Plus: Swiss show the way and block an escape route

HSBC set to unveil one of the biggest profit hauls in UK banking history with announcement of £15.6bn profits

Stuart Gulliver is expected to receive a bonus of around £2 million as part of a total pay and benefits package reportedly worth between £6 million and £7 million for 2012

HSBC chief executive sees bonus slashed

Stuart Gulliver, the boss of HSBC, will see his pay slashed from a maximum £12.5m in the wake of the bank's £1.5bn US fines for acting as a conduit for drug money and sanctions-busting.

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Prices correct as of 17 September 2014
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
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Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
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Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
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New leading ladies of dance fight back

How female vocalists are now writing their own hits
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A shot in the dark

Mystery of the wedding photo from Ground Zero
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His life, the universe and everything

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12 best hotel spas in the UK

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These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
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Topshop goes part Athena poster, part last spring Prada

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How to make a Lego masterpiece

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