British Business Secretary Vince Cable will write to the bosses of the eight companies in the FTSE 100 index that still have men-only boardrooms..
Standard Chartered is the latest to be accused of unethical practices by US regulators, sparking market flight.
The Bank of England’s governor intervened to ensure that Bob Diamond vacated his post, writes Jill Treanor.
The Tories have seized on ideas that ministers gave Barclays the nod over its manipulation of interest rates, writes Nicholas Watt and Jill Treanor.
SABMiller’s promotion of chief executive Graham Mackay to chairperson without a good reason flouts the United Kingdom’s corporate governance code.
Barclays bank chief executive Bob Diamond received nearly £20-million last year even though the bank’s profits fell and this has angered trade unions.
Union cries foul as investment bankers profitand taxpayers wait to get £45-billion back.
The bailed-out British Lloyds Banking Group has revealed it had plunged to a £3.5-billion loss last year and would pay out £375-million in bonuses.
The head of the US military has warned Israel against attacking Iran’s nuclear facilities, saying such a strike would be destabilising "at this time".
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/ 14 October 2011
Dexia has become the first casualty of the 2011 banking crisis, with its Belgian arm being bought, providing a €90-billion guarantee for its financing
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/ 30 September 2011
Stock markets have endured days of sharp volatility amid uncertainty about how eurozone leaders intend to solve the crisis.
The exasperated chief executive of Société Générale, stood in front of investors in New York on Tuesday this week for some "straight talk".
This week German Chancellor Angela Merkel quashed hopes of finding a lasting solution for Greece at the crucial summit of European leaders.
Legislators call for a €200-billion-a-year financial transactions tax to be levied on banks to discourage speculative trading.
Ireland bailout has failed to restore confidence in the euro. <b>Jill Treanor</b> looks at what might be done to restore confidence in the currency.
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/ 29 November 2010
Doubts were raised about whether the Europe-wide "stress tests" of more than 90 banks published in July had been thorough enough.
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/ 25 February 2008
Major institutional investors plan to urge the sovereign wealth funds that have propped up the world’s banking system to be transparent in their activities and conscientious shareholders. The international investment community is planning to meet some of the leading sovereign wealth funds next month to discuss their investment strategies.
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/ 23 February 2007
Barclays reported record profits of £7,1-billion this recently and ran headlong into a row about bank charges and consumer fears that "free banking" is about to end.The consumer watchdog Which? claimed banks made a total of £4,7-billion in profits last year from fees and interest rates on unauthorised overdrafts.
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/ 30 October 2006
Chilean investigators were examining reports this week that nine tonnes of gold had been found in a Hong Kong bank under the name of Augusto Pinochet. The gold, valued at $160-million, was found during an ongoing investigation into tax evasion and money laundering by the former dictator.