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.

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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Woman who was sent to three Nazi death camps describes how she escaped the gas chamber

Auschwitz liberation 70th anniversary

Woman sent to three Nazi death camps describes surviving gas chamber
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea