Regulations drive wedge between banks and clients
New research reveals diverging expectations, a breakdown in trust and a ‘blame culture'.....
Marex Spectron outlines aggressive Asian push
Commodities broker backed by ex-Lehman Brothers bankers is ramping up while most rivals are scaling back.....
Volcker Rule forces banks out of buyout funds
Banks, under pressure from the US financial reforms of the Volcker Rule, are selling stakes in private equity funds at an unprecedented rate.....
Buyout firms invest in higher education
UK government's receptive stance on private investment in higher education could yield rewards.....
Ex-Citigroup bankers set up Tages in London
A former head of investment banking at Citigroup has gained FSA-authorisation for a new company managing funds of hedge funds, an industry whose assets have fallen 60% since 2007.....
Corporate borrowers still favour loans over bonds
Nearly three-quarters of European high-grade borrowing in the second half of last year was in loans, despite predictions of a shift to bond funding.....
Oil market braced for shake-up
Global regulatory group Iosco set to consult with oil industry on what could herald an upheaval in the way crude prices are set.....
Currency markets target their own fear index
FX options trading platform today starts publishing rates that pave the way for a first currency volatility index.....
RBS offloads wealth business to Santander
Spanish bank is taking a UK wealth advisory business alongside a deal to take 318 bank branches from RBS.....
Managers ride their own bull market
Shares of top-five UK-listed asset managers have risen nearly 20% so far this year, but analysts say they are still undervalued.....
Barclays to pay 500m avoided tax
Barclays Bank is ordered by the Treasury to pay half-a-billion pounds in tax it tried to avoid, as retrospective legislation is introduced......
'11bn profit' from Northern Rock
Northern Rock is expected to return a profit of up to 11bn to the taxpayer over the next 10 to 15 years, UKFI says......
US shares hit pre-crash landmark
The Dow Jones industrials average closes above 13,000 for the first time since May 2008, before the financial crisis, reflecting growing confidence in the US economy......
Loans bonanza for European banks
The European Central Bank is readying another round of low interest loans for Europe's banks that could top 500bn euros......
Nurses reject pension proposals
Nurses join other NHS workers in rejecting the government's latest plans on public sector pensions......
Darling: Downgrade threat helped
Ex-Chancellor Alistair Darling says the threat of a rating agency downgrade in May 2009 helped push the government to tackle the deficit......
Google 'fails EU privacy rules'
Google's new privacy policy may violate the European Union's data protection laws, according to the French data regulator......
Strike ballot for tanker drivers
Thousands of tanker drivers across the UK are to be balloted for strike action in a row over safety and terms and conditions, the Unite union says......
BP Gulf spill settlement 'close'
A partial settlement of claims made against BP for the Deepwater Horizon disaster in the Gulf of Mexico is very close, sources tell the BBC......
Whitbread to create 10,000 jobs
Whitbread, the owner of the Premier Inn and Costa Coffee, announces plans to create 10,000 jobs in the UK by 2015, despite slower sales growth......
Aer Lingus profits from cost cuts
Irish airline Aer Lingus sees its annual profits more than double, as it continues to benefit from extensive cost-cutting......
Fiat confirms expansion in Russia
Fiat signs a deal with Russia's Sberbank to produce cars under the Jeep brand in Russia, with a new plant planned for St Petersburg......
Portugal passes its bailout check
Portugal passes a review of its spending cuts and economic reforms, paving the way for its next round of bailout funds......
Slowdown in financial complaints
Complaints to the financial ombudsman tailed off in the second half of 2011 as banks were given more time to deal with loan insurance cases......
Europe in housing market 'agony'
Europe is in the midst of "prolonged agony" of housing market decline with no obvious end in sight, a report by surveyors claims......
Whisky firm stake 'may be sold'
India-owned United Spirits Ltd confirms it is considering selling a 49% stake in its Glasgow-based subsidiary Whyte and Mackay......
Wall Street's Gekko gets FBI job
Michael Douglas, who played a greedy executive in the movie Wall Street, is the FBI's new spokesman against insider trading......
Cassava 'best for climate change'
The cassava plant could help farmers in Africa cope with climate change because of its ability to thrive in hot temperatures, a scientific report says......
Stamp price rise is 'affordable'
Plans to increase the prices of stamps will not lead to an "affordability issue", the Royal Mail chief executive tells MPs......
Mobile roaming charges 'to fall'
Charges for using your phone while abroad are likely to fall significantly after a vote by Euro MPs......
Pension transfer rules tightened
Employers will have to offer much higher incentives to staff to transfer their pensions to a personal scheme, says the Financial Services Authority......
CBI: Service industries weakening
Britain's service sector has weakened in recent months, according to the CBI - but its latest report suggests the situation might be stabilising......
S&P downgrades Greek debt again
Greek debt classified as in "selective default" by the credit rating agency Standard and Poor's following the nation's bailout deal......
France's Hollande: 75% wealth tax
The Socialist favourite in France's presidential election, Francois Hollande, calls for top earners to pay 75% of their income in tax......
Investors shun chipmaker Elpida
Elpida shares fail to find buyers at the Tokyo Stock Exchange as investors shun the chipmaker after it filed for bankruptcy protection......
Bayer sees profits almost double
German pharmaceuticals giant Bayer says its profits almost doubled last year, fuelled by sales in emerging markets......
Twitter unlocks archive to firms
Businesses are now able to access over two years of Twitter posts to aid with market research......
Olympics 'will be under budget'
The government is "increasingly confident" the Olympic Games will come in under budget as the 527m contingency fund remains untouched......
Glamorgan announce 1.7m losses
Glamorgan reveale they have made an operating loss of 1.7m for 2011 including 1.2m loss from staging the England v Sri Lanka Test match......
Arsenal profit from player sales
Premier League football club Arsenal reports a huge rise in half-year profits to 49.5m, following the sale of some key players......
VIDEO: Are British ditching the digestive?
Traditional biscuits are going out of fashion in the UK, with sales down 4.5% last year......
VIDEO: Would you buy into a franchise?
What are the advantages of buying into a franchise?.....
VIDEO: Barclays ordered to pay 500m
Barclays Bank has been ordered by the Treasury to pay half-a-billion pounds in tax which it had tried to avoid......
AUDIO: Barclays 'an exception' in tax avoidance
Business editor Robert Peston explains tax loopholes which Barclays bank has been criticised by the government for using while Treasury Minister David Gauke responds......
AUDIO: Inside the credit ratings agencies
Chief economics correspondent Hugh Pym takes a look behind credit ratings agencies as a Treasury select committee begins an inquiry following various downgrades which have put the market into freefall......
VIDEO: Willson: 'Cut duty, reduce deficit'
Fuel campaigners are meeting the Chancellor George Osborne to discuss the proposed rise in fuel duty......
AUDIO: Hunt: Arts giving 'a success'
Arts editor Will Gompertz reports on figures which show that corporate giving to the arts have fallen while Culture Secretary Jeremy Hunt responds......
VIDEO: Blackberry sets out future path
Blackberry's Alec Saunders speaks to Rory Cellan-Jones about the company's future after a difficult year and the competition it faces from Apple and Android......
Play time: What if you got paid to play games at work?
What if you got paid to play games at work?.....
iPad legal fight highlights Chinese pitfalls
iPad battle highlights Chinese pitfalls.....
What do credit rating agencies do?
What are credit rating agencies? Hugh Pym takes a look......
Can Russian timber shore up the economy?
Russia's Arkhangelsk region and its failing timber industry.....
Wage rows threaten Indonesia's booming manufacturing
Could strikes dent Indonesia's growing manufacturing power?.....
The bus boss who opposed 'African time'
The man who made Rwanda's buses run on time.....
U.S. Day Ahead: Fed's Bernanke to stay cautious on economy
Correspondent Mark Felsenthal says Fed Chairman Ben Bernanke needs to temper expectations of growth when he gives his semi-annual testimony on monetary policy before a House panel......
Special Report: Iran's cat-and-mouse game on sanctions
reporters uncover how Iran's main shipping company, IRISL, evades European and American sanctions......
Samsung projecting rapid smartphone growth
Feb. 28 - Samsung has unveiled a new smartphone which allows users to display multimedia content on walls using an inbuilt projector, as the company aims to corner and even greater slice of the mobile market. Andrew Potter reports......
Happy shoppers in aisle 2
Feb 28 - Economic hopes remain largely intact as American consumer confidence sits at a one-year high, offsetting a drop in orders for long-lasting manufactured goods and continued decline in home prices. Conway G. Gittens reports......
Trading at Noon: Wall Street rises on econ data
Feb. 28 - U.S. stocks rose on strong U.S. consumer confidence data, but gains were capped after a report showed a drop in durable goods orders......
Breakingviews: Exorbitant CEO pay
Feb 28 - Jeffrey Goldfarb and Breakingviews columnists debunk the idea that boards need to pay top dollar because theres some sort of global war for talent......
New crisis costs cruise company
Feb. 28 - Italy's Costa Cruises is under new pressure after another of its vessels has hit problems. Just over a month after Costa Concordia capsized, the Costa Allegra is being towed to an island in the Seychelles, after an engine room fire left it .....
Morning Briefing: Weak U.S. econ data; Gekko helps FBI
Feb. 28 - U.S. durable goods orders sank to a 3 year low in January and and December home prices tumbled. Also, Michael Douglas aka Gordon Gekko helps the FBI on insider trading......
Europe Day Ahead: Wednesday
Feb. 28 - Banks are expected to take 500 bln in cheap loans from the ECB tomorrow, but analysts warn that too big a number could set alarm bells ringing again......
Eaton Vance's Metzold: Not enough munis to meet demand
Feb. 28 - Tom Metzold, co-director of Eaton Vance Municipal Investments, says tax reform is inevitable, but it is not clear to what extent it will be......
Double-decker buses return to London
Feb. 28 - London's iconic double-decker bus makes a return to the capital in time for this summer's Olympic games. Hayley Platt reports......
U.S. Morning Call: Michael Douglas's PSA on insider trading
Feb. 28 - Actor Michael Douglas records a public service announcement as part of a crackdown on financial crimes, and a patent war looms between Facebook and Yahoo......
Avoid the crush, London companies prepare for the Olympics
Feb. 28 - Go to the pub, work from home, go on holiday? Nigel Stevenson investigates how some companies are making plans for business as usual during the Olympic Games in London......
Breakingviews: No Winners in Barclays crackdown
Breakingviews......
Crippled cruise ship under tow
Feb 28 - The Costa Allegra cruise ship is under tow to the Seychelles after an engine room fire left it powerless and drifting. Paul Chapman reports......
Greek default rating couldn't wait says S&P
Feb. 28 - Bondholder contracts have been changed by the government to the detriment of creditors. This makes it our duty to call a default says S&P Head of EMEA Sovereign Ratings Moritz Kraemer......
Argentina bans UK cruise ships
Feb 28 - A territorial row between Britain and Argentina takes a new twist as two UK cruise ships are banned from docking at an Argentine port. Paul Chapman reports......
Tokyo's quake-inspired bicycle boom
Tokyo commuters turn to bicycles after last year's earthquake transport chaos, with up to five times more cyclists on the streets......
Reuters Today: Merkel scrapes Greek bailout vote as S&P downgrades Athens
Feb. 28 - Growing opposition in Germany to pouring more money into the euro zone could weaken Chancellor Angela Merkel's negotiating stance......
Data Freak: Can Apple fall from the China tree?
Feb. 28 - Apple struggles to dominate in the key growth market of China. Find out what the charts say about Apple's business outlook in the world's second biggest economy......
Goodluck visits rig fire villages
Feb 28 - Nigeria's president visits villagers suffering the effects of a fire still burning after explosions aboard a gas rig on January 16th. Paul Chapman reports......
Barclays in tax avoidance clampdown
Feb. 28 - Barclays Plc says it is the bank at the centre of a clampdown by Britain on two tax avoidance schemes that the government said would close loopholes and raise more than 500 million pounds in tax. Ciara Sutton reports......
Market Pulse: Italian bond auction boost ahead of ECB loans
Feb. 28 - Rome's 10-year borrowing costs fall to their lowest since August 2011......
Still no Dow 13K
Feb 27 - Summary of business headlines: Dow fails in latest attempt to top 13,000; Gas prices jump 18 cents in two weeks -nationwide survey; TransCanada aims to restart Keystone pipeline project rejected by Obama White House. Conway G. Gittens report.....
Oil prices put pressures on recovery, gasoline
Feb. 27 - Credit Suisse's Jan Stuart and Clearview Partners' Kevin Book discuss the conditions in the oil market and the implications of a possible Israeli strike on Iran on gasoline prices......
Ireland is getting a choice - which is more than other eurozone states
Democracy continues to interfere with the European Union's best laid plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d04028f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....
Irish EU treaty vote threatens chaos
Ireland's referendum on EU's fiscal treaty risks unprecedented fragmentation of eurozone and major clash with Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d03dc7f/mf.gif' border='0'/><br/><.....
Dow closes above 13,000 for first time since May 2008, Apple hits record high
The Dow has closed above 13,000 for the first time since May 2008 and Apple shares hit a record high, as buoyant US consumer confidence data nudged the nearly five-month rally forward.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Boss of Everything Everywhere owner says name should be scrapped
Mobile phone operator Everything Everywhere is facing more embarrassment over its name after the boss of France Telecom, which owns half of the company, said it should be scrapped.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Debt crisis: as it happened, February 28, 2012
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Sainsbury's chief Justin King: Don't let work experience debate destroy its real value
It would be nothing short of a travesty if the real casualties of the heated debate raging about work experience and big business end up being the very people many of these schemes set out to help in the first place.<img width='1' height='1' src='.....
Debt crisis: live
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Google backs Vodafone and AT&T in red tape row
Search giant backs Vodafone amid claims firms are 'regulated to death'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d039964/mf.gif' border='0'/>.....
Cove Energy shares rise on hopes of Indian consortium bid
AIM-listed Cove Energy shares rose on speculation that a third bid for the company was imminent - this time from an Indian consortium.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0343e9/mf.gif' border='0'/&g.....
HSBC could face US criminal charges and 'significant' fines over 'money-laundering'
HSBC has admitted for the first time it may face criminal charges that could see it hit with 'significant' penalties stemming from a US investigation into alleged money-laundering by Britain's biggest bank.<img width='1' height='1' src='http://tel.....
Barclays' auditor PricewaterhouseCoopers raised concerns over 'highly abusive' tax schemes
Barclays' auditor, PwC, raised concerns over two tax avoidance schemes created by the bank that were later rejected by the tax authorities as 'highly abusive'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e.....
Provident profits hit hedge funds
Provident Financial shares rose by more than 6pc after lower bad debt charges boosted full-year profits at the doorstop lender.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8e9/mf.gif' border='0'/><b.....
Dixons Retail finds its spark as FTSE flatlines
Despite the wider market failing to find its spark, Dixons Retail was in demand as City scribes painted a brighter future for the electricals retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8ea/mf.g.....
FTSE 100: Whitbread weakens as blue-chips mark time
Whitbread, owner of Premier Inns and Costa Coffee, was amongst the worst performers on the benchmark index after it revealed a slowdown in sales growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cff6ab0/mf......
Reform taxation of 2m firms, says OTS
The Chancellor will respond in his Budget to proposals from the Office of Tax Simplification (OTS) for a simpler system of small business taxation<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddd8/mf.gif' b.....
Ireland's biggest company CRH sees profits rise on better weather
Ireland's biggest company, CRH, said profits rose in 2011 as better weather supported demand from the building materials group's customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddda/mf.gif' border='.....
Slowdown catches up with Whitbread's Premier Inn
Whitbread chief Andy Harrison insists the hotel and restaurant group will deliver double-digit earnings growth for the full year despite sales at Premier Inn running out of steam.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
GKN raises dividend 20pc as car sales drive profits
GKN, the parts manufacturer for the car and aerospace industries, unveiled a 20pc boost to its dividend after pre-tax profits rose 15pc on growth in China and the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Promethean World hit by US spending cuts
Interactive whiteboard maker Promethean World has unveiled a fall in full-year profits following government cutbacks in education spending in the US and Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d01.....
Profits recover at Aer Lingus
Profits at Irish carrier Aer Lingus recovered last year to 84.4 million (71.6m) from 27.2m in 2010 but the airline has warned that spiralling fuel costs and a growing pension deficit would hit earnings this year.<img width='1' height='1' src='http.....
Ireland to hold referendum on Europe's fiscal treaty
Ireland's people will vote on whether to accept the European Union's new fiscal treaty, Prime Minister Enda Kenny has announced, in a significant test of public support for eurozone plans to impose greater budget discipline on the 17-nation bloc.<.....
Serco profits rise despite flat performance in Britain
Serco, which manages hundreds of Government services from Boris bikes to prisons, said it had suffered from "its worst ever year" in the UK because of "austerity measures".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Big trouble in China for Big Four auditors
'Big Four' auditors could be squeezed out of the market after scandals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02294c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Wall of red tape reform to hit this year, promises minister Mark Prisk
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e59f/mf.gif' border='0'/>.....
Wall of red tape reform to hit this year, promises minister
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02309f/mf.gif' border='0'/><br/>&.....
