News Emergency services were called to 25 Bank Street at around 8am this morning

Gabriel joined JPMorgan in 2004 and worked in technology. He was not a trader or a banker.

US banks pay out $18bn over toxic home loans

American banks struck two multibillion-dollar settlements yesterday to end claims connected to the housing bust that triggered the financial crisis and plunged the US into recession.

US banks' multi-billion dollar payouts to settle housing bust claims

American banks struck two multi-billion dollar settlements yesterday to end claims connected to the housing bust which triggered the financial crisis and plunged the US into recession.

Traffic in Delhi

Toll roads India style

Laptop bag in one hand and BlackBerry in the other, investment banker Saurabh Chawla slid into his black Mercedes-Benz one morning and headed to his job in the Indian capital.

Market Report: De La Rue might be worth banking on

Forget about putting cash under the mattress, it could be time to start buying shares in banknotes printer De La Rue, analysts reckon. JPMorgan's scribes think the stock fell too low after the notes printer cut its profit forecast last month and now there is a "compelling opportunity" to buy the shares. Its Bank of England contract is up for grabs with a call for bids by the end of January. De La Rue has held it since 2003 but JPMorgan's Alexander Mees said he thought there was "no reason not to expect De La Rue to be successful".

Now Congress must sort out the fiscal cliff crisis

The World in 2013: the people, themes, trends and problems that will define our global economy

Our Chief Economics Commentator says that while many economists make wrong predictions, there is value in trying to identify future patterns. He has a go below

5 - “I didn’t rescue the nation from the depths of Napoleon Bonaparte, but you do the best you can do in your style of racing.”
Ben Ainslie is customarily modest after winning his fourth Olympic gold medal

Four-time gold medallist Ben Ainslie calls time on Olympic career

Four-time Olympic sailing gold medallist Ben Ainslie has announced he will not compete at Rio 2016.

Market Report: Water firms bubble on Ofwat deal hope

The rain poured down on the City yesterday, but water shares were on the up amid hopes that utility firms will come to a more profitable agreement with the industry regulator over new licence proposals.

America builds up to a return

The country's housing market dictates when the wider economy will recover. Some experts say it has turned the corner, but has it?

'Autocratic management' at Bank of England under fire

Staff only willing to tell them what they wanted to hear, says governance review

Hands moves in on £3.5bn German debt deal

Buyout baron Guy Hands is close to clinching a ¤4.3bn (£3.5bn) debt deal on another investment that has been badly beaten by the financial crisis.

Unexpected surge in US growth boosts Obama

With less than a fortnight to go before the US presidential election, Barack Obama’s campaign has been boosted by news that the American economy grew more strongly than expected in the three months to the end of September.

The Business Matrix: Saturday 13 October 2012

Back to work for Travis Perkins

Simon English: For Shacklock, it's more bad news

Outlook The collapse of the BAE deal is bad news for lots of people, one of whom must be Tim Shacklock.

Credit Suisse faces toxic bonds inquiry

Credit Suisse has become the second investment bank in four days to face a United States crackdown over toxic mortgage-backed products sold before the credit crunch struck.

Market Report: City warms to Yule tidings of takeover

Rubber medical gloves aren't usually an item that gets the pulse racing of your average City trader, but last night chemical maker Yule Catto & Co did just that.

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