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.

Boris begs Pru not to move to Hong Kong

Boris Johnson is "begging" the boss of Britain's biggest insurer not to move its head office out of London.

James Moore: Would we really miss the man from the Pru?

So the man from the Pru is thinking of packing his bags and heading for Hong Kong. Yes, it is not only the banking industry that stomps its feet, raises its fists and threatens to stalk off when things aren't going its way. Life insurers do it too. It doesn't look any prettier, though. But let's be fairer about this than those insurers have been to their customers for the past 20 years (one reason why the regulatory screw has been tightening and why they might lack sympathy).

Former cabinet minister Baron Carr of Hadley dies

Conservative Party co-chairman Baroness Warsi paid tribute today to Tory peer and former Cabinet minister Baron Carr of Hadley, who died aged 95 on Friday.

Sainsbury's 'Feed your family for a fiver' campaign with chef Jamie Oliver was 'fabulous', one debt adviser said

You're not alone: How to ease the pain of debt problems

In these difficult economic times there is no shortage of debt advice out there. One thing the experts seem to agree on is that you should act early.

James Moore: There's more work to be done yet on this deal

Will the marriage of Xstrata and Glencore ever be consummated? Not if Standard Life and Schroders get their way. The mega-deal between the two resources giants might have the City beside itself with excitement but it didn't stop the latter two from playing party-poopers yesterday. They're not at all happy with the dowry for Xstrata, the bride.

James Moore: Party-poopers are at the door of this deal but there's more work to be done yet

Outlook Will the marriage of Xstrata and Glencore ever be consummated? Not if Standard Life and Schroders get their way. The mega-deal between the two resources giants might have the City beside itself with excitement but it didn't stop the latter two from playing party-poopers yesterday. They're not at all happy with the dowry for Xstrata, the bride.

Investment view: Standard Life's a safe bet but room for improvement

Our view: Hold. Share price: 219.8p (3.1p)

Market Report: Chinese whispers revive bid speculation for Aviva

Will a bid for Aviva finally emerge this year? Never far from the takeover spotlight, the insurer was again getting market gossips excited yesterday amid revived speculation that an approach could materialise from the Far East.

Pru chairman set to quit after rebellion by shareholders

The chairman of insurance giant Prudential is to quit 18 months after he took most of the flak for its failed £22bn Asian takeover bid.

Investment: Aviva is star pickof life insurers as Prudential suffers growing pains

Can Asia's economies continue to thrive as the rest of the world stumbles? Debatable

Why do Boards fail?

Reflecting on some spectacular corporate governance failures, Bridget Biggar argues that it is time to put boards under the same performance criteria as other management teams

UK banks ordered to draw up 'living wills'

Banks were yesterday told they could be forced to tear up their bonus plans and conduct fire sales of assets if they run into the sort of difficulties faced by many during the financial crisis in future.

The business on...Tidjane Thiam, Chief executive, Prudential

He's still there, then?

If you're referring to the calls last year for Mr Thiam to step down, it really is time to move on. Yes, Prudential's aborted bid for AIA in Asia was an expensive and embarrassing failure, but Mr Thiam has bounced back.

Investment Column: L&G provides shelter from the storms

Ferrexpo; Capital & Counties Properties

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