News

French police have identified the man arrested for shooting a newspaper assistant photographer and carrying out three other attacks.

£4bn 'rogue trader' trial concludes

The former Société Générale trader Jerome Kerviel was a pawn in a mind-boggling financial system that pushed him to take risks, his lawyer Olivier Metzner argued on the last day of his trial.

For sale: The masterpieces hidden away for 70 years

Tales of intrigue and murder surround Ambroise Vollard's huge art collection. As some finally appear at auction, John Lichfield reports

Rogue trader blames the bank for €5bn loss

Jérôme Kerviel turns tables on his former employer as his case enters its final week

French rogue trader Jerome Kerviel trial begins

Rogue trader Jerome Kerviel went on trial in Paris today accused of one of history's biggest bank frauds.

Capitalism in the dock as Kerviel goes on trial

Rogue trader Jérôme Kerviel is on trial. The case for the defence: the insanity of global banking culture. John Lichfield reports

'A shambles and a Disgrace' – The Pru reaps the whirlwind

But insurer's chairman says 'no reason' for directors to quit after blowing £450m on failed AIA deal. James Moore reports

Business Diary: Pru boss comes out fighting in US

Broadly speaking, it is fair to say that Prudential's American shareholders have been rather more supportive of the insurer during its difficulties over the past few weeks than those based in London. So where did Tidjane Thiam, the beleaguered chief executive of the Pru, choose to do his first set-piece interview following the collapse of his takeover of Asian insurance giant AIA? On the US business channel CNBC, of course.

Market Report: ICAP gains ground as market continues to slide

The market rally came to an end last night, with the FTSE 100 sliding as sovereign debt fears resurfaced, but ICAP stood firm as traders eyed the upside of the recent spike in volatility.

Osborne urges G20 to take on banks over new capital rules

Chancellor warns EU states not to back down over tougher regulatory regime

David Prosser: The man from the Pru fights for his future

Outlook Should he stay or should he go? There is no doubt the credibility of Tidjane Thiam, of whom so much was expected on his accession to the chief executive's office at Prudential just eight months ago, has been severely damaged by the AIA debacle. But has it been damaged so badly that he cannot continue in the role?

Business Diary: 29/05/2010

Bonus counsel from Kerviel

Some very helpful advice from eFinancialCareers, the online employment site for the City.

David Prosser: New Prudential boss seems accident prone

Outlook Tidjane Thiam knows a thing or two about coups, having been ousted from a ministerial post in the Ivory Coast government in 1999 by just such a rebellion. If he's not careful, he might find himself on the end of a similar plot courtesy of Prudential shareholders. A man whose intellect and talents were trumpeted from the rooftops on his appointment last year is rapidly beginning to look accident prone.

Thiam on the rack if £23.5bn deal collapses

Tidjane Thiam's days running the Prudential could be numbered if he fails to pull off the takeover of AIA, analysts warned yesterday.

France's rogue trader: 'I was only a prostitute in great banking orgy'

The five-billion-euro rogue trader Jérôme Kerviel will claim in a book this week that he was merely a "prostitute" in the "great banking orgy" and should be treated leniently in his trial next month.

The paintings Hitler couldn't steal

After 70 years, several court cases and some suspicious deaths, priceless art coveted by the Nazis is finally set to go on sale
Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory
Ashes 2015: Alastair Cook not the only one to be caught in The Oval mindwarp

Cook not the only one to be caught in The Oval mindwarp

Aussie skipper Michael Clarke was lured into believing that what we witnessed at Edgbaston and Trent Bridge would continue in London, says Kevin Garside
Can Rafael Benitez get the best out of Gareth Bale at Real Madrid?

Can Benitez get the best out of Bale?

Back at the club he watched as a boy, the pressure is on Benitez to find a winning blend from Real's multiple talents. As La Liga begins, Pete Jenson asks if it will be enough to stop Barcelona
Athletics World Championships 2015: Beijing witnesses new stage in the Jessica Ennis-Hill and Katarina Johnson-Thompson heptathlon rivalry

Beijing witnesses new stage in the Jess and Kat rivalry

The last time the two British heptathletes competed, Ennis-Hill was on the way to Olympic gold and Johnson-Thompson was just a promising teenager. But a lot has happened in the following three years
Jeremy Corbyn: Joining a shrewd operator desperate for power as he visits the North East

Jeremy Corbyn interview: A shrewd operator desperate for power

His radical anti-austerity agenda has caught the imagination of the left and politically disaffected and set a staid Labour leadership election alight
Isis executes Palmyra antiquities chief: Defender of ancient city's past was killed for protecting its future

Isis executes Palmyra antiquities chief

Robert Fisk on the defender of the ancient city's past who was killed for protecting its future