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.
The Co-operative Bank has admitted for the first time it is losing customers after a series of scandals including alleged drug-taking by former chairman Paul Flowers.
An Early Day Motion has been tabled in Parliament calling on the Coalition to review its decision
A row over the stadium has been going on for months
A hedge-fund tycoon lost more than £850,000 in a poker game at the weekend, it has been reported.
The London home of the world's finest tailors is awash with takeover rumours. Laura Chesters reports
Every weekday for 80 years, Daily Variety has brought the latest film news to the doorstep of Hollywood’s great and good.
James Blunt has suggested he may quit the music industry at the grand old age of 38 to hang out in Ibiza with his girlfriend and sizeable bank balance. And he's not the only one retiring prematurely.
The Glazer family are floating a stake in Manchester United in New York. But it is a rotten deal for both shareholders and fans
While thousands of impoverished people in the crisis-hit countries of Europe have been marching in opposition to more spending cutbacks and austerity measures, rather different scenes will soon be played out in an Athens courtroom.
Bentleys, yachts and award-winning seafood restaurants are all well known to the residents of the three islands that make up the Cayman archipelago. But mention the islands' tax status and they're likely to clam up.
Those who aspire to great wealth expect to be rewarded for their drive – and then long to do nothing
Let's avoid saying that 2011 was the best of times, the worst of times for the crime and thriller field - but it has been a turbulent year, with regular visits by authors to both the heights and the depths.
Ever since The Impressionist appeared in 2003, with its picaresque hero for post-colonial times, it was clear that Hari Kunzru's fiction was fuelled by an energetic intelligence. Along with a love of big ideas came narrative zest, verbal and comic flair, and an acute eye for contemporary mores both East and West. Is identity a fixed essence or a mimic matter assembled from conventions, the first novel asked.
Donations from financiers quadruple in five years