America’s Securities and Exchange Commission has taken former Goldman Sachs London banker Fabrice 'Fabulous' Tourre to court demanding $1.1 million (£674,000) in fines and other penalties for his role in a failed mortgage-backed securities deal which cost investors $1 billion.
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Tuesday 06 August 2013
BT sports Betfred deal
Wednesday 31 July 2013
The activist investor calling for Sony to spin off its film and music business tore into Sony Entertainment's management yesterday, saying the division was treated like a "red-headed stepchild".
Friday 26 July 2013
US prosecutors mounted an aggressive legal assault on the giant SAC Capital hedge fund yesterday, alleging in a rare criminal case that insider trading "was substantial, pervasive and on a scale without known precedent in the hedge fund industry".
Wednesday 17 July 2013
Miliband’s gag – ‘He is the Prime Minister for Benson and hedge funds’ – was a work in progress
Wednesday 17 July 2013
Tory strategist’s links to cigarette giant pile pressure on PM after tobacco policy U-turn
Saturday 13 July 2013
Sterling fell in the first part of the week because traders decided that US interest rates were likely to rise before ours do, thus making the dollar a more attractive currency to hold.
Donald Macintyre's Sketch: How David Cameron and William Hague got caught up in a battle of the sexes
Wednesday 10 July 2013
David Cameron and William Hague got into similar trouble, but for exactly opposite reasons. If the Foreign Secretary had said “stupid person” or (admittedly a bit of a mouthful for an impromptu sedentary aside) “stupid Honourable Member”, he’d be home free. As the lip reading consensus was that he muttered “stupid woman” while Cameron was answering, or more accurately not answering, a hostile question from Labour’s Cathy Jamieson, he quickly became Twitter villain of the day.
Friday 28 June 2013
One of the City's most colourful bankers, Alex Snow, is to become chief executive of Lansdowne Partners, the hedge fund manager which made a killing selling shares in British banks during the financial crisis.
Thursday 27 June 2013
Sky Blues remain in administration and fans face baffling business complexities as uncertainties remain
Wednesday 19 June 2013
The billionaire investor Dan Loeb has increased pressure on Sony's board by lifting his stake in the electronics group to 7 per cent.
G8 protests: 57 people arrested in London after clashes between police and anti-capitalist demonstrators
Wednesday 12 June 2013
Major operation launched to clear central London HQ of anti-G8 movement in former police station
Exclusive: Young people ‘want UK to stay in Europe’: Four in 10 adults aged 18 to 24 are ‘firmly in favour’ of membership, poll shows
Tom Daley ‘is gay because his father died’ says UK evangelist
Iain Duncan Smith leaves Commons food banks debate early
Kiss and yell: Italian protester charged with sexual assault after kissing riot police officer
PM denies two child limit for benefits is part of Tory welfare policy
Anachronistic and iniquitous, grammar schools are a blot on the British education system
- 1 French pub fined €9,000 after customers returned empties to bar - because it's 'undeclared labour'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 #Teamnigella: It’s the only side to be on
- 4 Christmas comes early: Justin Bieber is 'retiring from music'
- 5 Burglar steals video tapes of child abuse, hands them into police