News

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.

On the road to Paris: Tour leader Chris Froome finishing yesterday’s stage

Tour de France: Britain’s female cyclists can conquer the Alps too

They hope their Olympic successes can help them to catch up with the men’s sport

What the Sunday Papers Said

The team behind the £43bn High Speed 2 rail link wants new powers to borrow money in debt markets and hedge against the cost of rising commodity prices. HS2's commercial director, Beth West, is in talks with ministers over legislation to enshrine the new powers. She said raising debt would allow managers to "bring in financial discipline" instead of relying on the Government.

Legal & General goes for insider as FD to appease City watchdog

Legal & General has ended its year-long search for a new finance director, having had its original choice blocked by the City regulator.

Paragon seeks banking licence

Paragon, the buy-to-let mortgage provider, is applying for a banking licence in order to kickstart its consumer lending business.

Insurance high-flier Jackie Hunt joins Pru

Jackie Hunt quit Standard Life to join its rival Prudential yesterday, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

Jackie Hunt walks out on Standard Life to be Prudential UK chief

Jackie Hunt quit Standard Life to join rival Prudential today, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

New watchdogs launch inquiry into RBS IT fiasco

Bank could face big fines as it admits 'unacceptable' failure that blocked accounts

Pru faces revolt over bonuses after FSA rebuke

Pressure is mounting on Prudential to review its executive pay awards following an embarrassing reprimand from the Financial Services Authority last week.

Prudential boss Tidjane Thiam awarded £7.8m pay package days after watchdog censure

Prudential boss Tidjane Thiam was today handed a £7.8 million pay package by the insurer, just days after he received an embarrassing censure from the Financial Services Authority.

Prudential censured over failed bid for AIA

Prudential's Tidjane Thiam has become the first chief executive of a FTSE 100 company to be censured by the Financial Services Authority, for misconduct during the insurer's failed takeover of AIA in 2010.

Charming and personable: Tidjane Thiam

The man from the Pru: Brilliant or just lucky?

Tidjane Thiam was 'a dead man walking' after his $36bn bid for AIA foundered. But now he's the toast of the City

Surge in profit expected at Prudential

Prudential's boss, Tidjane Thiam, will this week move closer to reaching an ambitious set of targets that could eventually lead to a break-up of the 164-year-old insurer.

Ben Chu: The good banker has good timing

Outlook

Derek Pain: Bright start is pointing to a sunnier year

No Pain, No Gain

Ben Chu: Sants should have held out for a peerage

Outlook Never underestimate the potential for the establishment to self-satirise. Hector Sants has been knighted in the New Year's Honours List for "services to financial services". And what sterling services those were. This is the man who, in his five years as chief executive of the Financial Services Authority, signed off on the Royal Bank of Scotland's disastrous acquisition of ABN Amro.

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Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn