UK puts pressure on Brussels to open CLO market
City bodies are lobbying against ‘skin in the game' rules that they believe are stifling issuance.....
Ex-JP Morgans Hannam re-emerges with new firm
Banker who stepped down to fight FSA fine is in early stages of launching a new firm.....
Barclays brokers deal with caterer Compass
FTSE 100 company mandate is one of the UK bank's biggest so far.....
Libor tender expected shortly
The process of finding a new administrator for the scandal-hit rate is set to begin.....
Alarm bells ring over fixed-income rules
Afme survey reveals extent of fears over Mifid II as policymakers put finishing touches to rules.....
Star hedge fund manager slams exorbitant fees
AQR Capital Management co-founder slams high fees for pedestrian performance.....
FSA steps up market abuse enforcement
UK regulator is undertaking joint action with 11 other European watchdogs.....
Silver Lake on track to raise $10bn fund
Buyout firm set for one of the biggest fundraisings since the financial crisis.....
Knight Capital gears up for equities push
US broker plots renewed drive in Europe as rivals retrench.....
Fiduciary firms hunt for performance benchmark
Managers aiming to set up a system to help investors see the value they provide.....
'Shred' legacy says Barclays boss
Barclays must end the bank's "aggressive" and "self-serving" culture seen under its former boss, the new chief executive tells MPs......
RBS investment bank head to quit
The head of investment banking at RBS, John Hourican, is to resign over the bank's role in the Libor-rigging scandal, the BBC understands......
Dell to be bought back by founder
Michael Dell is buying back the personal computer manufacturer he founded and that carries his name for $24.4bn (15.5bn)......
G4S 'close to Games settlement'
The firm that failed to provide enough security guards for the Olympics is close to agreeing a compensation deal, the BBC learns......
Obama offers spending-cuts deal
President Obama urges Congress to pass short-term spending cuts and tax reforms to delay larger cuts next month, a plan rejected by Republicans......
Household water bills up by 3.5%
Water regulator Ofwat announces that bills in England and Wales will rise by 3.5% over the next year......
US sues S&P over ratings 'fraud'
The US Justice Department confirms it will sue ratings agency Standard and Poor's for allegedly "defrauding investors" before the financial crisis......
Zynga brings losses under control
Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised......
'No Super Bowl outage' for Aggreko
Temporary power firm Aggreko says its equipment operated "flawlessly" during a power failure which disrupted the US Super Bowl......
London Market Report
The FTSE 100 and stock markets across Europe recover from Monday's falls, but sterling is hit again......
Emirates signs Formula One deal
Emirates airline signs a five-year branding deal worth at least $10m per year with Formula One in a bid to boost its global presence......
BP posts fall in full-year profits
Oil giant BP reports a fall in full-year profits as it continued to settle charges related to the Deepwater Horizon disaster......
Liberty Global eyes Virgin Media
US billionaire John Malone's cable group Liberty Global is in discussions with the UK cable operator Virgin Media......
Service sector economies improve
The UK's service sector returns to growth in January, while the pace of decline in the eurozone slows, a purchasing managers' survey shows......
Arm shares up on profits growth
Shares in Arm Holdings jump after the company whose chip technology powers Apple and Samsung smartphones announces a rise in profits......
UBS sees big Libor-related losses
Swiss bank UBS has reported losses of 1.9bn Swiss francs (1.3bn; $2.08bn) for the last three months of 2012, as a result of fines over the Libor scandal......
Egyptian currency reserves fall
Egypt's dwindling foreign currency reserves fall 10% in a single month, renewing concerns over the economy......
Business unveils Crossrail 2 plan
Business leaders reveal their proposed route for a 12bn Crossrail 2 railway line crossing London from the south west to the north east......
UK retail sales rise in January
British retail sales rose in January thanks to tablet computers and smart phones, says the British Retail Consortium......
Barclays' mis-selling bill rises
Barclays has increased the amount of money it is setting aside to cover two-mis-selling scandals by another 1bn......
Swifter bank switching confirmed
Bank customers will be able to switch their current account provider within seven working days, Chancellor George Osborne confirms......
Mortgage choice 'still limited'
Mortgage customers able to offer a deposit of 25% of a home's value have the widest choice of home loans, research suggests......
Osborne backs bank break-up powers
Banks will be broken up if they do not follow new rules to ring-fence risky investment operations from High Street operations, the chancellor has announced......
Indonesian economy slows slightly
The Indonesian economy, the biggest in Southeast Asia, slows in the last three months of 2012, dragging down full year growth......
Argentina pegs supermarket prices
The Argentine government has ordered a two-month price freeze on all products in the country's main supermarket chains......
Toyota ups annual profit forecast
Toyota raises its full-year profit forecast amid a weakening yen and a sharp recovery in sales in the US......
Centrica withdraws nuclear plans
Energy company Centrica pulls out of plans to invest in the UK's nuclear re-building programme because of increasing costs and delays......
Boeing seeks test flights for 787
Boeing asks US aviation authorities to allow test flights of its 787 Dreamliner passenger plane, after battery problems forced the plane to be grounded......
Reds game investigated - Debrecen
Hungarian club Debrecen say their Champions League match against Liverpool in 2009 was investigated for match-fixing......
HMRC launches Rangers tax appeal
HM Revenue and Customs lodges an appeal against a tax tribunal ruling in favour of Rangers' use of Employee Benefit Trusts......
Match played in England 'fixed'
A Champions League tie played in England is one of 680 matches investigators believe was fixed by a crime syndicate......
AUDIO: Do you 'live the brand'?
Danny Rogers, editor of advertising industry magazine Campaign, explained to the Today programme presenter John Humphrys that this is "an extreme version of living the brand.".....
VIDEO: Barclays mis-selling 'to be paid quickly'
Barclays will pay compensation "as quickly as they can" to customers mis-sold payment protection insurance (PPI) and interest rate hedging products.......
VIDEO: Water bills to rise by 3.5%
The average household water and sewerage bill in England and Wales is to rise by 3.5% over the next year, regulator Ofwat has said......
AUDIO: Smartphone success in the 'post PC era'
The maker of chips for Apple's iPhone and other smartphones has reported a 20% increase in pretax profits......
VIDEO: Retail's 'great start to new year'
Retail has had a "great start to the new year" according to the British Retail Consortium......
VIDEO: BP results 'better than expected'
BP has released its fourth quarter earnings and they are slightly better than expected......
VIDEO: US 'will sue' Standard & Poor's
Standard & Poor's says it is to be sued by the US government over the credit ratings agency's assessment of mortgage bonds before the financial crisis......
VIDEO: Should UK fear for its AAA credit rating?
All governments are keen to to befriend the bond markets and the ratings agencies who influence a nation's creditworthiness......
Q&A: The 'bedroom tax'
How will a change in housing benefit rules work?.....
TV's white spaces connecting rural Africa
How the gaps between TV channels are connecting Africa.....
Reuters Right Now: Disney has to work on its studios
LA Bureau Chief Ron Grover says Disney's studio revenues do not look great and helped drag down overall profits......
U.S. Day Ahead: Investors hungry for more on News Corp. split
Feb 5 - News Corp. CEO Rupert Murdoch has already outlined the key execs for the media titans new publishing firm, but now its all about how much cash it will inherit......
Dell's next move may not be so private
Feb 5 - Combining with another hardware company, snapping up smaller component makers, or exiting the PC business altogether are some of Dell's not so secret options as the company goes private in $24.4 billion deal with help from Microsoft and priva.....
FACTBOX: U.S. slams S&P with $5bln fraud suit
Feb 5 - A closer look at the civil lawsuit against Standard & Poor's, the ratings service's defense...and the Talking Heads?.....
Techquity: Dude got Dell, Amazon coin, Apple value
Feb 5 - Dell goes private, Amazon's currency play and Goldman cites Apple's potential upside......
Breakingviews: Apple vs. Exxon
Feb 5 - Jeffrey Goldfarb and Breakingviews columnists discuss why gadget king Apple and oil giant Exxon Mobil have more in common than meets the eye......
$5bln lawsuit against S&P
Feb 05 - Attorney General Eric Holder lays out the government's case against Standard & Poor's in the first federal enforcement action against a credit rating agency over alleged illegal behavior tied to the recent financial crisis. Rough cut. No rep.....
Trading at Noon: Tech LBO's not a trend, despite Dell
Feb 5 - Dell agrees to be acquired by founder Michael Dell and PE firm Silver Lake in a deal that values it at $24.4 bln......
Politics and payments unsettle euro zone
Feb.05 - After a few weeks of calm, the prospect of double trouble in the euro zone is making investors nervous again. Uncertainty surrounding the outcome of the Italian elections, combined with a corruption scandal in Spain have hit bond yields, and.....
Gravity light set to illuminate the developing world
Feb. 5 - A British company is offering a safe and efficient alternative to the dangerous kerosene lamps that are in wide use throughout the developing world. Called "Gravity Light" the electric-powered device costs just five dollars, using the force .....
Barclays takes $1.6bln mis-selling hit
Barclays bosses duck questions over funding for its rescue by Qatar four years ago, as another big charge for mis-selling shows how past problems continue to dog the British bank. Ciara Sutton reports.....
Europe Day Ahead: Keeping up with the Germans
Feb. 5 - More signs of Germany powering ahead with industrial orders forecast to jump, but earnings from the worlds largest steelmaker may suggest that times remain tough for European industry......
Planet Earth gets ready for its close-up
Feb.5 - Space start-up company UrtheCast wants to bring Earth into sharper focus with state-of-the-art cameras mounted aboard the International Space Station. The company is building a web platform to stream a live signal of our planet, giving viewer.....
BP profits down as spill trial looms
Feb 5 - Fourth quarter profits from BP beat analysts' expectations, but three years after the Gulf oil spill the oil giant's share price is yet to recover. Why haven't investors rewarded BP for its transformation? Hayley Platt reports......
ECONOMY 2013: UBS: Q4 loss, but nimbler going forward - CFO
Feb. 5 - Libor manipulation charges and restructuring costs led to a Q4 loss of 1.89 bln Swiss Francs, but a smaller balance sheet will allow UBS to exploit growth from emerging markets, says CFO Tom Naratil......
3XSQ: S&P faces civil lawsuit over mortgage bond ratings
Feb 5 - The U.S. government has launched a civil lawsuit against Standard & Poor's and parent The McGraw-Hill Companies over mortgage bond ratings......
Daily digit: the euro zone's economic divide
Feb.05 - The euro zone's battered economy is showing signs of recovery but the gulf between its two biggest members is widening, according to a survey that showed business optimism in the bloc at an eight-month high. Ciara Sutton reports......
Reuters Breakingviews: UBS repair job on track
Feb. 5 - The Swiss bank has moved on from Libor woes, slashed risk and is buying back debt. The foundations are laid for its investment unit rebuild, says Breakingviews......
Toyota 2.0? Miss Reliable gets a makeover
Feb. 5 - Hey Toyota, love the new look. But convincing everyone that you're more than just the carmaker next door might not be easy. Yonggi Kang reports......
FACTBOX: 'Kentucky Fried China' no more?
Feb. 5 - As food safety concerns bite into the China sales of KFC owner Yum Brands, we take a closer look at the ups and downs of Chinas love affair with the Colonel......
Reuters Today: UBS racks up big loss on rate rigging fines
Feb. 5 - UBS reports a hefty loss on rate rigging fines and BP beats forecasts as Gulf spill trial looms......
U.S. Morning Call: U.S. sues S&P over pre-crisis ratings
Feb 5 - The U.S. government has launched a civil lawsuit against Standard & Poor's and parent McGraw-Hill Companies over mortgage bond ratings......
Market Pulse: What's moving today and why
Insider has its finger on the market pulse, analyzing and making sense of the biggest movers of the day......
DOJ goes after S&P, Yum warns
Feb. 4 - Summary of business headlines: S&P says target of Department of Justice lawsuit over pre-crisis ratings; Yum earnings frightened by China chicken scare; BlackBerry changes stock ticker; Stocks suffer largest decline of the year. Conway G. Gi.....
Dow 14k: Ceiling or floor?
Feb 4 - With the Dow back under 14,000 investors are in a precarious position- take profits and risk leaving money on the table or ride what appears to the next leg of the next big bull market. Bobbi Rebell reports......
BG Group rallies despite fresh warning on missing production targets
A warning from BG Group that it would miss its 1m barrels a day production target was shrugged off by investors, who sent shares in the energy company 3pc higher.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28.....
RBS: Stephen Hester's message to staff
CRBS chief executive Stephen Hester sent a messsage to staff on Tuesday covering Libor and the future of the bank. Here is that message in full.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/284484e7/mf.gif' bor.....
RBS investment chief John Hourican to resign and waive 4m bonus
The head of Royal Bank of Scotland's investment banking arm is set to give up a bonus pot worth 4m as he resigns from the lender over its involvement in Libor-rigging.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
BP Gulf of Mexico spill costs could top $90bn after fresh claims
BP is facing damages claims of more than $34bn (22bn) from state and local governments in the US over the Gulf of Mexico disaster, the oil giant disclosed on Tuesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
New Barclays chief will 'shred' Bob Diamond's legacy
The chief executive of Barclays has said he is working to "shred" the legacy of former boss Bob Diamond and transform the culture of the lender in the wake of Libor-rigging scandal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Demand for tablets boosts ARM profits
Microchip designer ARM Holdings sales jumped by a fifth in the last three months of 2012, as technology companies used its designs to come up with increasingly sophisticated devices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
SABMiller buys seven breweries across China in 550m deal
SABMiller, the brewing giant behind Peroni and Grolsch, has increased its exposure to the vast Chinese beer market after acquiring seven breweries for $864m (552m).<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Liberty Global's bid for Virgin Media is John Malone's latest battle with Murdoch
It is more than a decade since Rupert Murdoch and John Malone last went into battle. The two billionaire media chiefs were both vying for control of America's biggest satellite broadcaster, DirecTV, in a furious tug of war fuelled as much by egos as .....
Transforming the culture at Barclays will be easier said than done
'So, Mr Jenkins, are you 'shredding' Bob Diamond's legacy?"<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28438b44/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15598450925.....
UBS bonuses to be part-paid as 'bail-in bonds'
UBS has shaken up its bonus arrangements by paying bankers in a form of debt that will be wiped out if the lender runs into trouble.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28438de2/mf.gif' border='0'/>.....
UBS bonuses to be part-paid as 'cocos'
UBS has shaken up its bonus arrangements by paying bankers in a form of debt that will be wiped out if the lender runs into trouble.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28438b45/mf.gif' border='0'/>.....
Jim O'Neill to leave Goldman
Jim O'Neill, the Goldman Sachs economist who foresaw the growth of the emerging markets, is retiring from the Wall Street bank later this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28438b46/mf.gif' bord.....
Goldman Sachs asset management chairman Jim O'Neill to retire
Jim O'Neill, the Goldman Sachs economist who foresaw the growth of the emerging markets, is retiring from the Wall Street bank later this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/284386c3/mf.gif' bord.....
Ryanair raises game as it seeks EU approval for Aer Lingus deal
Ryanair has offered Flybe 100m in cash to persuade the regional airline to run more than 40 routes operated by Aer Lingus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28438b47/mf.gif' border='0'/>.....
Thomas Cook to merge three airline operations
Thomas Cook is merging its UK, German and Belgian airline businesses to turn around the tour operator.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/284386c2/mf.gif' border='0'/><br/><br/><a hr.....
Jupiter shares in demand on equities exposure
Barclays said the fund manager would benefit from demand for equities.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/284383f9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Threat to FastJet's Fly540 brand as row escalates
Fastjet, the African airline backed by easyJet founder Sir Stelios Haji-Ioannou, faces losing the licences to its Fly540 brand in an escalating legal dispute.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/284380.....
Waterstones boss pledges to revive company's fortunes after a 37m loss
The boss of Waterstones has vowed to turn round the country's last surviving major high street book chain despite "torrid" results which saw it slip 37.3m into the red last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Hailo raises $30m to launch in New York
London-based taxi app lets people hail taxis using their smartphones.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28435e27/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Haile raises $30m to launch in New York
Hailo, the London-based taxi app which lets people hail taxis using their smartphones, has received a multi-million pound cash injection to help it break into global markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Equitable Life: Compensation paid to 6,000 savers after death
Policyholders who had their pensions wiped out by the collapse of Equitable Life have been paid compensation, Government says.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28435a43/mf.gif' border='0'/><br.....
Michael Dell: from teenage entrepreneur to tech titan
Michael Dell, the founder of Dell, is taking the PC maker private in a $24.4bn (15.6bn) deal as he battle to transform the company's fortunes. Here we take a look at the life of the technology entrepreneur.<img width='1' height='1' src='http://tel.....
Michael Dell: from teenage entrepreneur to tech titan
Michael Dell, the founder of Dell, is taking the PC maker private in a $24.4bn (15.6bn) deal as he battle to transform the company's fortunes. Here we take a look at the life of the technology entrepreneur.<img width='1' height='1' src='http://tel.....
The fact is, the richer you are, the happier you are
We all know that money doesn't buy happiness, don't we?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28427db2/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/155984541854/u/.....
TalkTalk sees strong demand for 'YouView' internet TV
YouView, the BBC-backed internet TV service run by TalkTalk, is adding up to 10,000 new customers a week, the broadband provider said on Tuesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28427168/mf.gif' bo.....
