Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.
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Thursday 16 February 2012
The British hedge fund Pentagon Capital and its chief executive, Lewis Chester, have been ordered by a US judge to pay $77m (£49m) after "intentionally and egregiously" engaging in illegal "late trading" or making mutual fund trades after the market had closed, but at stale prices.
Monday 13 February 2012
The Egyptian authorities intensified their crackdown on foreigners at the weekend, arresting an Australian journalist and an American student and accusing them of trying to bribe civilians to join a strike.
Sunday 12 February 2012
Valentine's Day could provide a much-needed boost for retailers as shoppers fork out for jewellery and gifts.
Saturday 04 February 2012
The big deal wagon rolled on again in the City yesterday as IT giant Misys said it was in talks over a £2bn merger deal.
Saturday 04 February 2012
No Pain, No Gain
Thursday 02 February 2012
The short-sellers won't be happy, but there is no stopping Ocado at the moment. One of the most divisive stocks in the Square Mile, the online grocer continued its fantastic start to the year yesterday as yet more short covering helped it up to its highest share price for four months.
Wednesday 01 February 2012
The family of Amy Winehouse is "taking advice" over revelations that the inquest into her death could be declared invalid.
Monday 23 January 2012
Wednesday 18 January 2012
A wipeout in its equity derivatives business helped push Citigroup's investment bank into the red, presaging grim news for staff awaiting their bonuses.
Monday 16 January 2012
Carnival has estimated the cost of the disaster at approaching £100 million but shares slumped today on fears the final figure will be much higher.
Sunday 15 January 2012
The UK's biggest investors will lead a crackdown on excessive boardroom pay, according to an exclusive poll of 200 leading City fund managers for The Independent on Sunday.
Saturday 14 January 2012
Thursday 12 January 2012
The fashion retailer SuperGroup has shown its UK fashion rivals a clean pair of heels by delivering almost a 10 per cent leap in underlying sales over the festive period.
Tuesday 10 January 2012
Sir Robert Horton had a forceful, dynamic management style which in 1990 propelled him to the top of British Petroleum, then the world's third-largest oil company. It was assumed he would develop into a titan of the industry. But his trademark vigour was accompanied by another trademark, that of imperious arrogance, which despite his undoubted talents led to his removal as chairman and chief executive within two years.
Monday 09 January 2012
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more