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The Co-operative Bank's disgraced former chairman, Paul Flowers, apparently won the job because he beat his rivals' psychometric test scores, MPs on the Treasury Committee have been told.

Bank workers pick Singapore over London

Singapore will create the most financial services jobs during the next 12 months, banking and hedge-fund staff believe. Some 37 per cent chose Singapore ahead of just 22 per cent favouring London, in a survey by financial service recruiters Astbury Marsden.

Stephen Foley: Anti-mafia tactics were the key to exposing secret deals

Prosecutors turned to tactics developed for fighting mafia bosses and drug gangs in their latest effort to rein in insider dealing on Wall Street.

National Express nears Elliott truce

The transport operator National Express, which last week put on a show of strength with news of rising profits amid calls by its biggest shareholder for strategic changes, is close to striking a deal with the dissenting investor before its annual meeting tomorrow.

L&G to vote with National Express

National Express has moved a step closer to defeating the activist shareholder that is seeking to appoint a string of new directors to its board at its annual general meeting next week.

Back to the start for Rajaratnam jury

Jury deliberations in the insider trading trial of Raj Rajaratnam had to be started all over again after a juror was unable to continue because of a medical problem.

Investor says National Express needs merger

The hedge fund Elliott Advisors, a 17 per cent activist shareholder in National Express, has called for a boardroom shake-up at the transport group and for it to invest more heavily in its US business.

Rebel investor turns up the heat in National Express dispute

National Express's dissident shareholder group turned up the pressure on its chief executive, Dean Finch, yesterday by claiming the support of the Cosmens, the Spanish family that is a major shareholder in the transport giant.

National Express at odds with Elliott

National Express has squared up to its second-biggest shareholder in a dispute over demands for a boardroom shake-up at the transport giant.

The Last Werewolf, By Glen Duncan

This old dog has some very neat tricks

Margareta Pagano: Why winners should not be able to take all

Irene Rosenfeld, chairman and chief executive of Kraft, is being paid a $2.1m (£1.3m) cash award for her work last year. But that's only the icing on the cake: her total pay is a whopping $19.3m. According to Kraft, Rosenfeld is being paid the cash award part of the package even though she didn't meet all her financial incentive targets. This is mainly because she improved the "talent pipeline" by helping persuade certain Cadbury directors to stay on after the controversial bid.

National Express faces demand for shake-up

A major National Express shareholder is demanding a radical shake-up of the board to "provide a fresh perspective" and find growth opportunities. The US hedge fund giant Elliott Advisers owns 17 per cent of the transport company, and is putting forward three candidates for new non-executive director roles.

Icahn to return clients' money

Billionaire hedge fund manager Carl Icahn has said he plans to return all of his clients' money, becoming the latest in a string of investors who no longer want to manage money for outsiders.

Stephen Foley: The FSA must be given more weapons to root out insider-dealing networks

Outlook If Raj Rajaratnam had returned to the UK after business school in Pennsylvania and set up his hedge fund, Galleon, in the City of London instead of in the US, would the British authorities have been able to put him in the dock on charges of insider trading? The answer, sadly, is certainly not.

James Moore: Madoff is an unreliable witness – but a very convincing one

If contemplating his jail term and the suicide of his son have loosened his tongue, there may well be sleepless nights at some very grand institutions

John Rentoul: Politics, not economics, wins elections

George Osborne wrongfooted Ed Balls over bonuses, and such tactics will do more for him than number-crunching
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Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
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Easter 2015: 14 best decorations

14 best Easter decorations

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Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

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The future of GM

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Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
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Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
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The most borrowed book at Bank of England library? Oh dear

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Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

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