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Irish banks in need of an extra €24bn

Irish banks in need of an extra €24bn

Markets reacted strongly after stress tests carried out by Ireland's Central Bank found the sector in need of €24bn.

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New Lloyds chief executive receives £13.4m welcome package

New Lloyds chief executive receives £13.4m welcome package

António Horta-Osório received a "signing-on fee" of £6m according to the bank's annual report.

Warren Buffet's heir apparent quits

Warren Buffet's heir apparent quits

David Sokol from Berkshire Hathaway investment firm resigns.

Ireland's banking black hole to be unveiled

Ireland's banking black hole to be unveiled

The full extent of Ireland's black hole is to be revealed by the Irish Central Bank.

HSBC warn of UK banks losing business to rivals

HSBC warn of UK banks losing business to rivals

Douglas Flint, the chairman of HSBC, said uncertainty over the future of the UK banking industry could lead to loss of business.

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RBS' worth inflated by flawed accounting standards

RBS' worth inflated by flawed accounting standards

The worth of Royal Bank of Scotland could have been over-inflated by as much as £25bn.

Irish banks to undergo strict stress tests

Irish banks to undergo strict stress tests

Irish banks will not be able to challenge the findings of these tests, as fears grow about the importance of their debt losses.

AT&T buys T-Mobile for $39bn

AT&T buys T-Mobile for $39bn

The company is now the largest American mobile provider with over 130 million costumers.

G7 finance ministers agree on an intervention to control the rise of the Yen

G7 finance ministers agree on an intervention to control the rise of the Yen

The seven wealthiest nations on the planet will attempt to yield the Japanese market's volatility

RBS pays out £20m to its top five bankers

RBS pays out £20m to its top five bankers

Bailed-out, state-owned bank RBS has revealed more controversial bonuses.

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Tories abandon plans to abolish 50p tax rate --  for now

Misleading report

The right tries to blame youth unemployment on immigration -- again

Defends Euro

2012 will not be the end of the Euro, says IMF's Christine Lagarde
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