Bloomberg was today forced to issue a grovelling apology to clients for its “inexcusable” decision to let its journalists use internal customer information in a scandal that has rocked Wall Street and the City.

Youngs was rewarded for a campaign in which he made his England debut and was called up by the British and Irish Lions

Clive Cowdery's Resolution was in demand yesterday following upgrades from brokers at Barclays Capital and JP Morgan. Analysts at BarCap seemed enthused by a meeting with the insurer's management, who are crunching together the Friends Provident, Axa Life and Bupa businesses that Mr Cowdery acquired after launching the company in 2006.

Mortgage originations climbed strongly compared to last year

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.”

The Chinese economy is still growing apace, though it recorded a surprise trade deficit for the month of March as imports surged.

Two of the oldest names in the City look set to come together after fund management group Schroders said it is considering a takeover of its smaller rival Cazenove Capital.

A former futures trader was yesterday sentenced to four years jail after being found guilty of insider dealing.

The cabling products maker HellermannTyton is planning a London listing at the end of this month to raise €35m (£30m) to finance its growth.

Lehman Brothers Holdings wants to question Bruno Iskil, the trader known as the London Whale who lost JP Morgan millions, about any role he might have played in the investment bank’s 2008 collapse.

Richard Handler, the head of the investment bank Jefferies, has raked in more in annual pay for 2012 than his opposite numbers at some of Wall Street's bigger and better-known firms.

Davos Outlook Some things at Davos never change. The snow is heaped in thick slices on the gabled roofs. Audis with tinted windows prowl up and down the Promenade. Delegates are given goody bags filled with useless tat. And Jamie Dimon, the boss of JP Morgan, stands up, belligerently, for the banks.

Barclays' staff were today told to sign up to an ethical code of conduct or quit, as part of the bank's crusade to repair its battered reputation.

Directors say he held 'ultimate responsibility' for trading blunder