Credit: Just what is going on?
By Douglas Blakey - 15 May 9:04

So just who is telling the truth on credit availability?

HSBC sells Latin American businesses for $400m
By New Statesman - 14 May 12:32

Banco GNB Sudameris will acquire HSBC's operations in Colombia, Peru, Uruguay and Paraguay.

J P Morgan loss: by numbers
By Jon Bernstein - 12 May 9:00

$14bn wiped off bank's value.

Time to get out of the water
By Douglas Blakey - 11 May 15:03

Web stats highlight growing demand for payday loans

A man walks past JPMorgan's offices in New York
JP Morgan loses $2bn in "unbelievably ineffective" hedging bet.
By Alex Hern - 11 May 8:15

Loss due to a "bad strategy, badly executed and poorly monitored".

Tim Breedon will remain an employee of the company until 31 December.
Legal & General names new CEO
By New Statesman - 10 May 13:40

Nigel Wilson appointed new group chief executive.

Optimism levels tumble among private equity partners
By New Statesman - 10 May 8:05

But 57 per cent still expect improvement in the UK economy over the next 12 months, according to a n

Bankia part nationalised as crisis continues
By New Statesman - 10 May 7:36

Spain has taken a 45 per cent stake in the bank.

New Statesman
99,000 City jobs lost during recession
By New Statesman - 09 May 13:56

Much of the jobs cull happened in the last six months, says Cebr

A mobile phone payment is made.
Mastercard jumps on the digital payments bandwagon
By Alex Hern - 09 May 8:24

PayPass aims to compete with PayPal and PayWave.

HSBC Holdings pre-tax profit tumbles
By New Statesman - 08 May 11:12

But commercial banking, retail banking and wealth management divisions perform strongly in the first

Andrew Moss, Aviva CEO
Aviva boss Andrew Moss steps down after shareholder revolt
By Alex Hern - 08 May 7:37

The company's CEO has resigned following last week's 59 per cent rejection of his pay package.

Will the shareholder rebels have any impact?
By New Statesman - 04 May 14:44

Shareholders at Aviva, UBS, Inmarsat and Trinity Mirror have protested executive pay.

RBS's first-quarter loss triples
By New Statesman - 04 May 11:34

But the bailed-out bank confirms it is on the verge of paying off its government loans.

AIG's first-quarter earnings double on investments
By New Statesman - 04 May 8:37

Net income climbs to $3.21bn.

RBS reports £1.4bn loss and will repay government loans
By New Statesman - 04 May 8:04

The bank has confirmed it will pay back loans.

New Statesman
BP reports a slip in profits in first quarter
By Emily Wight - 01 May 11:59

The oil giant is still paying for the Gulf of Mexico oil spill.

Lloyds TSB sign
Lloyds gets "multi-billion" offer for Scottish Widows
By Alex Hern - 30 April 16:12

Evening Standard reports take-over rumours.

My business head hurts
By Ruby Wax - 26 April 16:42

The ‘depression stigma’ is costing British business billions.

New Statesman
HSBC announces it will cut 3,167 jobs across the UK
By Emily Wight - 26 April 14:24

2,217 employees will be made redundant.

Barclays reports a 22 per cent rise in first-quarter profits
By New Statesman - 26 April 9:06

Trouble may be brewing ahead of the AGM tomorrow, but the bank's Q1 results were better than expecte

Lloyds TSB sign
Banks expect to pay out more than £6bn in PPI claims
By Alex Hern - 26 April 8:17

Activity surges due to involvement of claims management companies.

The UBS logo
FSA loses UBS test case
By Alex Hern - 23 April 8:54

Regulator denied right to penalise inadequate supervision

A woman marches at Occupy Wall Street, with a sign condemning the 1%
Pay matters for normal employees, not CEOs
By Duncan Exley - 21 April 15:00

Good on Barclays and Citigroup, but we need to focus on the pay of all employees, not just those at

Police in Nice gaze at a bank of video screens.
Give a little info, get a little discount
By Alex Hern - 20 April 11:46

A new insurance company plans to offer lower premiums to good drivers by monitoring their journeys.

Goldman Sachs booth, Getty Images.
Goldman Sachs loses out in first quarter
By New Statesman - 17 April 14:00

The company earnings are down.

New Statesman
Citigroup's first-quarter net income declines by 2 per cent
By New Statesman - 16 April 13:44

Citicorp and Citi Holdings revenues decline.

JPMorgan reports net income of $5.38bn
By New Statesman - 13 April 12:18

The annual dividend increased to $1.20 per share.

Aviva considers sale of US life assurance business
By Alice Gribbin - 12 April 11:29

British insurer could raise £1bn by exiting US market.

Shareholders revolt over Barclays' pay
By Alex Hern - 11 April 10:40

Association of British Insurers warns against voting for Barclays' proposed remuneration report