Homeserve, the emergency repairs company at the centre of a long-running inquiry into alleged mis-selling, is bracing itself for a £6m fine from the City's watchdog.

Outlook Royal Mail plumped itself up for joining the stock market yesterday with some flashy looking operating profits.

Royal Bank of Scotland is to cut a further 1,400 jobs over the next two years. Most of the job losses are expected to be at RBS's offices in Edinburgh as the 81 per cent taxpayer-owned bank said that it would not be cutting frontline staff in branches.

Activist shareholder Knight Vinke today called on Swiss bank UBS to split up its investment bank, most of which is based in London, from its wealth-management and domestic banking activities.

The toxic presence of the Liverpool striker and John Terry make our national game a joke

2.5% growth short of expectations

The chairman of the London-listed Kazakh miner ENRC, Mehmet Dalman, resigned with immediate effect last night in a boardroom shake-up likely to raise new questions over the future of the embattled company.

The Government today said it would proceed with plans to sell some or all of its one-third shareholding in uranium enrichment company Urenco. The stake is expected to fetch an estimated £3 billion.

Barclays today announced a major management shake-up which will see the departure of the racehorse-owning head of its investment bank Rich Ricci who collected a £17.6 million share bonus for last year which he cashed in almost immediately.

The world's top investment bank has maintained its status as Wall Street's darling. Goldman Sachs cruised past analysts' forecasts to post net earnings of $2.26bn (£1.5bn), a 7 per cent rise, and set aside $4.34bn to pay its bankers during the first three months of 2013.

Greece set to get £2.4bn bailout

Mortgage originations climbed strongly compared to last year

Rajan’s Wrong ’un

JP Morgan Chase, America’s largest bank by assets, surpassed expectations with its quarterly profits today, booking a 33 per cent rise as chief executive Jamie Dimon spoke of “positive signs” that the world’s largest economy is “healthy and getting stronger.”