Companies jostle for position as bond trading goes electronic
Several new projects are in the pipeline and existing players are looking to bulk up through acquisitions.....
BNY Mellon to launch European brokerage business
The move is part of a regulatory change in the industry that will place custodian banks in competition with investment banks.....
ABI wades into the banking debate
The Association of British Insurers and several of its members are looking into a range of factors that influence decisions to invest in banks.....
Pressure mounts to defuse Londons pensions time-bomb
Local-government leaders are due to meet to consider proposals from accountants PwC to tackle the problem......
Fresh setback as T2S timing hangs in the balance
The project has already been delayed twice due to complexities in the logistics.....
Banks accelerate property clean-up
Negotiations by banks became more urgent 18 months ago, ahead of a future tightening of capital requirements.....
Evercore revenues in Europe rise by a third
Boost follows the acquisition of London-based rival Lexicon Partners last year......
CPPs fee payment fuels power debate
'Huge conflicts' are arising in the industry due to the increasingly close relationships between sponsors and large investors.....
Ex-retail analyst lays plans for fund launch
True Capital Partners joined the limited liability partnership in February, according to filings with Companies House.....
Fund bosses respond to FSA critique
Hendrik du Toit of Investec insists that asset management industry is aligned with the interests of its clients.....
Probe into alleged gas price fix
Allegations of the manipulation of UK wholesale gas prices are being investigated by the Financial Services Authority and Ofgem......
Firms grilled over tax avoidance
Executives from Starbucks, Google and Amazon, which have all been accused of tax avoidance, give evidence before Parliament on the issue......
New Greece plan '32bn euros more'
A draft eurozone document suggests Greece should get two more years to meet budget goals, but that the plan will cost 32bn euros more......
Bank ring-fence plan 'still best'
A break between the retail and investment arms of UK banks is still the best way forward, Sir John Vickers says, despite recent scandals......
US to be 'biggest oil producer'
The US will overtake Saudi Arabia as the world's biggest oil producer by 2017, says the International Energy Agency......
UK mortgage lending sees pick-up
UK housing market activity picked up modestly in the third quarter of the year, despite a fall in lending during September, mortgage lenders say......
EU suspends plane emissions rules
The European Union agrees to suspend changes to rules that require airlines flying to and from airports in the EU to pay for their carbon emissions......
Merkel lauds crisis-hit Portugal
German Chancellor Angela Merkel praises Portugal's resolve in tackling its debt crisis, but faces angry anti-austerity protesters in Lisbon......
High-speed rail plan for Scotland
The Scottish government announces plans to go ahead with a high-speed rail link between Glasgow and Edinburgh......
Spain postpones house evictions
Spanish banks are to suspend evictions for the next two years for the most vulnerable people as the government discusses new regulations......
Olympus swings back into profit
Camera and medical equipment maker Olympus returned to profit in the six months to September as it recovered from its accounting scandal......
Call for deadline in PPI payouts
A business leader has called for a line to be drawn under the response to the mis-selling of payment protection insurance (PPI)......
Credit union director disgraced
A credit union in South London may lose 670,000 of its members' money because a director used the funds to make unlawful loans to a church......
Japan economy enters contraction
Japan's economy contracts in the July to September quarter as a global slowdown hurts exports and domestic consumption continues to remain subdued......
Airline SAS to cut jobs and pay
Loss-making airline SAS is to cut jobs, pay and pensions and sell some assets as part of a deal to secure loans from banks and Nordic governments......
Ofcom outlines 4G bid timetable
New 4G mobile services in the UK could beup and running by next June, under a timetable set out by communications regulator Ofcom......
Young women warned over car cover
Young women are warned to check their car insurance before new rules come in, which are likely to push up the price of cover......
Local council turns online lender
Lancashire County Council is to become the first local authority to invest taxpayers' money directly into an online lender that connects savers and borrowers......
Labour loses fuel rise delay vote
Labour's bid to delay an increase in fuel duty of 3p a litre planned for January is defeated in the Commons by a government majority of 48......
India factory output in shock dip
India's industrial output registers a surprise fall in September, adding to concerns about slowing growth in the economy......
China eyes more foreign investors
China says it will give foreign investors more access to its financial markets as it looks to spur a fresh wave of economic growth......
Apple and HTC settle patent cases
Apple and Taiwanese phonemaker HTC settle all their outstanding disputes over patents, the latest twist in a series of smartphone legal cases......
VIDEO: Google 'pays all the tax required'
Google UK's chief executive Matt Brittin has told a Commons Select Committee the company pays "all the tax we're required.".....
VIDEO: Starbucks 'not avoiding tax'
Starbucks' chief financial officer Troy Alstead has told a committee of UK MPs that the firm does not avoid tax......
VIDEO: MPs round on 'pathetic' Amazon
The Public Account's Committee's Nick Smith (Labour) has described an Amazon executive's failure to answer questions over tax as pathetic......
VIDEO: How does peer-to-peer lending work?
In the economic crisis, small businesses have been finding new ways to borrow money......
AUDIO: 'Wrong time' for fuel price rise
The Shadow Chancellor Ed Balls says George Osborne "should agree that this is the wrong time to go ahead with this hit to families"......
VIDEO: Advice for women on car insurance
Martin Lewis offers advice on insuring your vehicle ahead of important legal changes......
AUDIO: 'Social responsibility' to pay tax
LordMyners, the former Financial Services Secretary, says accountants must "recognise they have a social responsibility to ensure that companies make a fair contribution to taxes"......
VIDEO: Disabled access property woes
Wheelchair user Paul Carter goes undercover to highlight the issue of estate agents being 'oblivious' to practical issues around disabled living......
Made in Japan: Cool but expensive
Japanese firms combat the strong yen with innovation.....
Viewpoint: Should executives get 'rewards for failure'?
Should parachutes be golden for failed executives?.....
Put your yuan where your mouth is
Two economists' wager over China's destiny.....
The world's low-cost English teacher
The Philippines: The world's budget English teacher.....
U.S. Day Ahead: Cisco boss looks like he'll stay glum
Nov 12 - Don't expect Cisco CEO John Chambers to change his pessimistic outlook when the tech giant reports earnings after the close......
Household bio-reactors have powerful future
Nov. 12 - Researchers at the Argonne National Laboratory are developing a mobile reactor they say will one day play a crucial role in helping people after natural disasters like Hurricane Sandy. The reactor can convert kitchen and bathroom waste into.....
Daily Digit: Jefferies worth $3.6 bln
Nov. 12 - Investment company Leucadia will buy a remaining stake in Jefferies Group in a deal that values the investment bank at $3.6 billion. Conway G. Gittens reports......
Trading at Noon: U.S. stocks slip on fiscal cliff
Nov 12 - U.S. stocks are trading lower on 'merger Monday' as investors worry over finding a timely solution to the fiscal cliff.....
Daily Digit: Bond's Skyfall hits US high
Nov.12 - James Bond's 'Skyfall' hauled in a record breaking $87.8 million in ticket sales during its opening weekend in the U.S. and Canada. Hayley Platt reports......
Breakingviews: Not your average Wall Street M&A
Nov 12 - Rob Cox and Antony Currie discuss why Jefferies selling itself to Berkshire Hathaway-like Leucadia is a smart deal for both firms......
Europe Day Ahead: Greek debt deal looks elusive
Nov. 12 - A Greek debt deal looks elusive, Hollande faces a grilling and general strikes take hold in Spain and Portugal - Europe's day ahead.....
Greece's wait for aid goes on
Greece's parliament has approved the 2013 budget, with more cuts in store. But the euro zone hasn't yet authorised the latest installment of financial aid for Athens, because there is no agreement on how to make its debt sustainable. Joanna Partridge.....
3XSQ: Signs of strength for U.S. housing and oil markets
Nov 12 - D.R. Horton fourth-quarter profit nearly tripled on a 21 percent increase in net sales, and the IEA says the U.S. will overtake Saudi Arabia and Russia as the world's top oil producer by 2017......
Robot gets from A to B by asking the way
Nov. 12 - German scientists have taught a humanoid robot to find its way by asking for directions from people in the street. Fitted with Fitted with an array of cameras and sensors, the automaton represents a significant step in the development of ro.....
Greece awaits bailout funds after passing budget cuts
Nov. 12 - We discuss the challenges for Greece with Greek MP Dora Bakoyannis as Athens awaits bailout funds after passing the 2013 budget......
Breakingviews: BBC's bad crisis management
Breakingviews......
An American 'revolutionary' assesses China's transition
Nov. 12 - Sidney Rittenberg, former member of China's Communist Party and translator for Mao Zedong, is positive on China's new leadership but says the Party is far from its founding ideals......
Greek budget passes despite protests
Lawmakers in Greece worked into the night to finalize the 2013 budget. Julie Noce reports......
Reuters Today: Athens hopes to unlock aid with budget vote
Nov. 12 - Greece approved its austerity budget and hopes for more time and financial aid, though euro zone finance ministers are not expected to take a final decision at their meeting on Monday......
Daily Digit - Japan on brink of recession
Japan's economy shrinks in the third quarter, with weak exports and domestic consumption pushing the country back toward recession as a post-earthquake spending boom wears off. Tara Joseph reports......
U.S. Morning Call: U.S. stock futures up; Greek budget OK'd
Nov 12 - Stock index futures edged higher as upbeat economic data from China indicated a slowdown in the country may be easing, and after the Greek parliament approved an austerity budget for next year......
U.S. to become world's top energy producer by 2035 - IEA
Nov. 12 - The IEA's latest World Energy Outlook shows that extraordinary growth in U.S. oil and natural gas output will dramatically change the global energy map by 2035......
Market Pulse: Don't bet on Greek aid deal
Nov. 12 - European markets head sideways, but IG's Alastair McCaig says sentiment could soon sour as Germany says a Greek debt deal isn't done yet and a slew of European GDP data looms......
The future electric car may be one big battery
Swedish researchers believe the problem of battery efficiency in electric cars can be solved by turning the car's entire frame into one, big battery. They say their solution would remove the drag created by today's heavy batteries, vastly increasing .....
Vodafone to be handed billions in $8.5bn Verizon dividend
Verizon Wireless has agreed to pay a dividend of $8.5bn (5.4bn) to its parents Verizon Communications and Vodafone.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25843be8/mf.gif' border='0'/><br/><br.....
David Cameron's Lord Mayor's Banquet speech: in full
David Cameron has promised to put promoting British banks and defence companies at the heart of Britain's foreign policy. Here is his speech in full.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25841112/mf.gif.....
Starbucks, Amazon and Google accused of being 'immoral'
Amazon, Google and Starbucks were yesterday accused of being "immoral", "manipulative" and of "practising tax avoidance on an industrial scale".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25836f89/mf.gif' bor.....
Xstrata ensures a vote for Glencore merger is also a vote for greed
Xstrata is, after all, a mining company. So nobody should be surprised that its potential final act as an independent outfit is to come up with a shareholder vote that's as clear as mud.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Angela Merkel sticks to austerity script in Portugal as revolt builds
German Chancellor Angela Merkel braved hostile crowds in Portugal on Monday to show unflinching support for the country's austerity ordeal and plead for patience as social cohesion frays.<img width='1' height='1' src='http://telegraph.feedsportal......
UK will struggle to replace City's lost tax revenues
According to Andy Haldane, the Bank of England's director of financial stability, the Occupy movement did us all a favour in so vociferously targeting the City of London.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Cobham a casualty of looming American defence spending cuts
Defence and aerospace manufacturer Cobham was a casualty of US spending cuts after warning that they would cause its revenues to fall in 2013.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2583632d/mf.gif' borde.....
US 'to overtake Saudi oil in five years'
The shale energy revolution unfolding in the US has put it on track to become the world's biggest oil producer with five years, according to the International Energy Agency.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
BHP Billiton on push to harness shale energy boom
BHP Billiton, the world's largest miner, is attempting to ride the shale oil and gas revolution in the US - and says it is the biggest thing to hit energy in decades.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Miner BHP Billiton on push to harness shale energy boom
BHP Billiton, the world's largest miner, is attempting to ride the shale oil and gas revolution in the US - and says it is the biggest thing to hit energy in decades.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Starbucks, Amazon and Google admit using favourable tax jurisdictions
Starbucks, Amazon and Google have admitted using favourable tax jurisdictions for their UK businesses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25830a38/mf.gif' border='0'/><br/><br/><a hr.....
Bank reform will cut 10bn taxpayer subsidy by 80pc, says Sir John Vickers
Reforming the banking system could cut the size of the more than 10bn implicit taxpayer guarantee to Britain's largest banks by 80pc, according to Sir John Vickers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Bank reform will cut 10bn plus subsidy by '80pc' says Vickers
Reforming the banking system could cut the size of the more than 10bn implicit taxpayer guarantee to Britain's largest banks by 80pc, according to Sir John Vickers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
'Rapacious' Xstrata chiefs under fire from Standard Life
Xstrata's management has been branded "rapacious" and its board "weak" by David Cumming of Standard Life Investments, one of the FTSE mining group's biggest shareholders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Young inventor lands Dyson award with safety net for fish
A fishing net with a built-in "emergency exit", designed by a young British inventor to tackle overfishing, has won the annual James Dyson global award for inventors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Debt crisis: Leaders stall at 32bn bill for Greece
Greece may need a further 32.6bn (26bn) of international aid if its austerity programme is relaxed by two years, European leaders were warned, in a report that triggered deadlock at a crisis summit in Brussels.<img width='1' height='1' src='http:/.....
Moody's cuts growth forecast for advanced G20 countries
Leading global economies will struggle with weak growth until 2014 because of strains in Europe and the US, credit agency Moody's said, as it cut its growth forecasts for next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Moody's cuts growth forecast for advanced G20 countries
Leading global economies will struggle with weak growth until 2014 because of strains in Europe and the US, credit agency Moody's said, as it cut its growth forecasts for next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Amazon, Google and Starbucks face questions on UK tax avoidance: as it happened
Executives from Amazon, Google and Starbucks give evidence before the Public Accounts Committee on the issue of tax avoidance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25830a3c/mf.gif' border='0'/>.....
Amazon, Google and Starbucks face questions on UK tax avoidance: live
Executives from Amazon, Google and Starbucks give evidence before the Public Accounts Committee on the issue of tax avoidance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25812cee/mf.gif' border='0'/><br.....
David Cameron promises to sell the City and defence firms
David Cameron has promised to put promoting British banks and defence companies at the heart of Britain's foreign policy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25830265/mf.gif' border='0'/>.....
David Cameron promises to sell the City and defence firms
David Cameron has promised to put promoting British banks and defence companies at the heart of Britain's foreign policy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/258287a4/mf.gif' border='0'/>.....
Debt crisis: as it happened - November 12, 2012
Greece's international lenders are split over how to deal with Greece not making a debt "sustainability" target of 120pc of GDP by 2020 and cannot agree on how much Greece is going to cost or who should pay.<img width='1' height='1' src='http://te.....
Lancashire's twist on local authority banking
A fresh attempt to set up partnerships between local authorities and financial institutions to provide a new source of finance for small businesses unable to borrow from their banks was launched in Lancashire on Monday.<img width='1' height='1' sr.....
S&P and Fitch accused of market manipulation in Italy
Italian prosecutors have filed charges against Deven Sharma, the former president of Standard & Poor's, and six other credit rating officials for issuing downgrades that destablised the country and fuelled the debt crisis.<img width='1' height.....
