News

Standard Chartered has unveiled sweeping changes in its boardroom following reports of discord at the top of the FTSE 100 bank.

Standard Chartered blames QE as it signals profits fall

Emerging-markets bank Standard Chartered shocked investors today with news that profits for the first three months of the year were "slightly down" on a year ago.

Women still have it difficult in business according to the annual Robert Half CEO tracker, which stated that the average chief executive of a leading British company remains a 53-year-old male

Women still find it hard to smash glass ceiling

Average chief executive is still a fiftysomething man as women struggle to get on boards

Standard Chartered says sorry over sanctions gaffe

The chairman of banking giant Standard Chartered, Sir John Peace, was today forced to make a grovelling  apology for remarks he made this month which suggested the bank  had not deliberately broken United States sanctions.

Peter Sands gets $3.15m as Standard Chartered bosses’ bonuses are hit after US fine for breaching Iran sanctions

Top brass at Standard Chartered have had their bonuses cut by 10% despite the bank recording its 10th successive year of record profits after it was fined $667 million (£443 million) last year for breaching United States sanctions against Iran.

Liverpool's Steven Gerrrard and Martin Skrtel promote the club's Seeing is Believing campaign

Liverpool promote global blindness charity for game against West Brom

Shirt sponsor change part of fundraising campaign

Investment Insider: Where does a plummeting pound leave investors?

There is a race to the bottom when it comes to global currencies. Economies facing stagnation are looking to weaken their currencies to boost exports. But when every man and his dog are at it too, then the game plan can fall apart.

Market Report: Deutsche gives nod to embattled banks

Britain's banks have had a torrid time of late – and deservedly so. Money-laundering, mis-selling and excessive bonuses are just some of the issues that have eroded investor confidence in a sector, that has been up against the wall since 2007.

David Buik: Despite the bile and hatred, bank shares are rising

Midweek View: It is essential... Osborne does not surrender one inch of sovereignty over bank regulation to the EU

Editorial: Has bank culture really changed?

Between HSBC's record $1.9bn fine today and Standard Chartered's $327m penalty the day before, it has been a week of hard lessons for Britain's banks. Or has it?

British banks close to settling US money-laundering charges

Two of Europe's largest banks are close to handing over a total of more than $2 billion to resolve allegations that they flouted US anti-money-laundering laws, according to officials and people familiar with the matter.

UK banks face $2.5bn fines over sanctions and money laundering

Two British banks will pay fines totalling nearly $2.5bn (£1.6bn) to United States regulators over money laundering and sanctions busting, it emerged today.

Bumi lender quits Standard Chartered

A leading Standard Chartered banker involved in making a $1bn (£620m) loan to the Indonesian chairman of the London-listed miner Bumi has quit after the bank struggled to get other lenders on board.

West Ham played without a sponsor when holiday firm XL folded

Controversial, strange and embarrassing shirt sponsorship deals

Following the announcement that Newcastle United have agreed a sponsorship deal with loans company wonga.com, we take a look at other shirt deals that raised eyebrows.

Standard Chartered row with top shareholder

Standard Chartered is in dispute with its largest shareholder, Temasek, over the structure of the bank's board, raising fresh speculation that the Singapore investment house may look to offload its stake.

Wall Street hits a four-year high amid hopes central banks will boost economies

Shares on Wall Street jumped to their highest level in four years yesterday, as hopes that central banks around the world would soon take action to stimulate their economies continued to propel US stock markets upwards.

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Independent Travel
Vietnam & Cambodia
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Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker