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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.

David Prosser: FTSE chairmen must keep a closer eye on their executives

Outlook: We should welcome the fact that when a company gets into trouble, its chairman is likely to find himself in the line of fire

Hoban reveals 'twin peaks' City regulation

The Treasury is planning to publish its radical proposals for the City's new "twin peaks" regulatory structure, which hands banking supervision back to the Bank of England, over the next two weeks.

Credit Suisse faces tough competition

Credit Suisse has been warned it will not be guaranteed the mandate to advise Santander on a possible flotation of its UK business.

Budget scraps rule that makes annuities compulsory at 75

Pensioners now have more choice as to how to fund their retirement. Chiara Cavaglieri explains the pros and cons of the different options

Prudential shareholders to discuss fate of chairman

Shareholders in Prudential, the embattled insurer, are expected to convene this week to assess sentiment toward the group's senior management after meetings with the company's chairman, Harvey McGrath, and senior independent director, James Ross, last week.

Resolution to double its insurance operations

Resolution's chief executive, John Tiner, said he planned to nearly double the size of the company's insurance operations after sealing the £2.75bn purchase of French giant AXA's UK operations.

Fidelity did not call for heads to roll at meeting, says Pru

Prudential yesterday appeared to have won the support of Fidelity for its embattled chairman Harvey McGrath and chief executive Tidjane Thiam.

Simon Evans: Strong bosses are the industry's best insurance policy

Investors clamour for blood in the wake of chief executive failures. How best can they be served?

Headhunters sound out Schiro for Pru's chairmanship

Jim Schiro, the former chief executive of Zurich Financial Services, has emerged as a candidate to replace the Prudential chairman, Harvey McGrath, if the former Man Group boss bows to investor pressure and quits.

The cult of the CEO

In the age of personality, it's not surprising that bosses of giant corporations are seen as more than mere figureheads. But do we expect too much of them? This cult of the CEO is a bad business, argues David Prosser

Beleaguered Prudential chief snubs Goldman conference

Tidjane Thiam, chief executive of Prudential, further angered investors when he pulled out of a Goldman Sachs financial institutions conference last week.

Resolution-Axa talks continue this week

Talks between Resolution and Axa continue this week, as the Clive Cowdery-led group looks set to agree terms with the French insurer for the £2.8bn purchase of its UK life operation.

Resolution close to deal for Axa life insurance

Clive Cowdery, the insurance executive behind Resolution, is close to clinching a deal to buy the UK life insurance operation of France's Axa, for between £2.5bn and £3bn. The buy-out could be announced as early as next week, after talks that have gone on for more than a month moved towards a successful conclusion over the past day or so.

James Moore: Another candidate for a kicking at the Pru

Outlook It seems that barely a day goes by without one shareholder or another coming out and calling for heads to roll at Prudential in the wake of the £450m the insurer wasted on its failed attempt to buy Asian insurer AIA.

James Moore: Why annual general meetings are good for directors

Analysis: Prudential is not a business like Tesco, whose chief executive visits a store every day and regularly talks to real customers
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Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam