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Don’t cry for Aberdeen Asset Management but Argentina’s currency issues sent it falling yesterday.

'Rogue trader' Kweku Adoboli says he lost control in financial crisis

An alleged rogue trader accused of gambling away £1.4 billion described to a jury today how he “lost control in the maelstrom of the financial crisis”.

'This case shows how hard it is to cover up a trade once something has gone wrong'

British banking jobs at risk as UBS announces plans to cut 10,000 jobs worldwide

More British banking jobs were at risk today after UBS said it is to cut up to 10,000 roles worldwide in moves to shrink its investment banking arm.

Three more traders suspended in Libor inquiry

Russell Lynch

UBS banker Kweku Adoboli denies being a rogue trader after losing £1.4bn

A banker accused of Britain's biggest ever fraud today denied he was acting as a rogue trader when he lost £1.4 billion.

'Rogue trader' Kweku Adoboli weeps as he takes stand in £1.4bn fraud trial

An alleged rogue trader wept as he gave evidence today as a court heard how his actions threatened to lose his employer £7.5bn.

Stephen Foley: The disasters that show why we have to be on our guard with algos

US Outlook Si ves algo, di algo. If you see something, say something. It's written in all the subway cars here in New York City, a reminder we mustn't ignore suspicious packages or suspicious passengers. And as we trundled towards Wall Street station on Wednesday, I couldn't but think of it as a warning to stock-market investors, too. Si ves algo, di "algo".

James Moore: Facebook fiasco leaves UBS with uphill struggle

Outlook You know how it is. You're on the telephone, or online, trying to order something and it all goes kaput because someone's system doesn't work properly.

Financial markets: A temporary software glitch earlier this month cost Nasdaq more than $40m during the flotation of Facebook’s shares. The US tech stock exchange had to compensate investors who were unable to buy shares when the market opened

Facebook launch 'cost UBS £227m'

Banking group UBS claimed today that the botched stock market listing of social networking giant Facebook cost it 349 million Swiss francs (£227 million).

Stiff sentences for 'print room' insider trading ring

The six men in the so-called "print room" insider trader ring were yesterday jailed for up to three-and-a-half years for what the judge called deliberate, planned and dishonest share dealing.

Market Report: Reed Elsevier hurt by 'free info' ruling

Reed Elsevier led the blue-chip decliners yesterday as investors in the publisher baulked at the European Commission's decision to give free access to all research funded by European taxpayers.

Daniel Pinto: If it's your money at stake, you don't gamble

Senior staff must lock up their bonuses in the products they sell

Credit Suisse is told to up its cushion

The Swiss central bank has called on Credit Suisse to stage a "marked increase" its capital levels this year in preparation for the potential worsening of the eurozone crisis.

UBS 'rogue' trader Kweku Adoboli bailed – to McDonald's car park

The man accused of Britain's biggest bank fraud was freed on bail in farcical scenes yesterday ahead of his trial which is due to start in September.

Market Report: Glencore marks unhappy anniversary with new low

A much-hyped listing swiftly followed by the share price plummeting – sound familiar? As the fall-out from the Facebook IPO continues to rumble on, today marks the one-year anniversary of another debut that has not exactly lived up to expectations. After a massive float worth £37bn, official trading of shares in Glencore International began exactly 12 months ago. However, you could forgive those investors who got in at the start for not blowing out the candles on the cake with too much enthusiasm.

Big projects bring London alive

London has seen a surge in building work in the past six months despite the UK's slide back into recession, as developers look to cash in on a shortage of office space.

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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