Germany's Melkus files for bankruptcy

Another boutique maker of compact sports coupes has filed for bankruptcy in Germany. Melkus was a company we always enjoyed seeing at Europe...

Jessica Harper admits £2.4m Lloyds Bank fraud

A former Lloyds Bank worker in charge of online security has admitted carrying out a fraud worth more than £2.4m. Jessica Harper, 50, had b...

Shares in Standard Chartered dive after Iran allegations

Shares in Standard Chartered PLC dropped sharply today as investors reacted to US charges that the bank was involved in laundering money for...

yellow jacket stun gun case for iphone

yellow jacket is a case that transforms the iPhone 4 & 4S into that 650,000-volt stun gun you've always needed. scheduled to hit the...

Now You Can Buy a $250,000 Nail Polish

Remember that time when everyone got all freaked out about thatsnakeskin pedicure that cost $300? Well, get ready to completely lose it, be...

Estepona Town Hall sacks 176 municipal workers

The news was given on Wednesday by the Councillor for Personnel, Pilar Fernández-Figares Estepona Town Hall has sacked 176 municipal workers...

San Bernardino in California files for bankruptcy

The California city of San Bernardino has filed for bankruptcy protection amid a $46m (£30m) budget deficit and ongoing criminal investigati...

BMW to sell luxury cars for less online

The BMW i3 concept car at the 2012 Detroit Auto Show in January. (John T. Greilick / Detroit News) BMW will sell cars over the Web for the f...

Asil Nadir 'hid Polly Peck theft' behind success

Former Polly Peck tycoon Asil Nadir hid multi-million pound theft behind the success of his international company, the Old Bailey has been t...

Barclays has admitted the public’s trust in banks has “been decimated and needs to be rebuilt” as it set out measures aimed at rebuilding its reputation in the wake of Libor rigging.

Announcing the appointment of veteran lawyer-turned-banker Anthony Salz to lead a review of its operations, Britain’s second-largest lender ...

Banks 'Face £27bn Libor Hit'

The banks under investigation in the Libor rate-fixing scandal face combined losses of up to $42bn (£27bn), far more than previous estimates...

J.P. Morgan 'Whale' Report Signals Deeper Problem

J.P. Morgan Chase JPM +5.96% & Co. said traders appear to have hidden problems in a portfolio whose losses have ballooned to $5.8 billio...

Mobile operator O2 hit by nationwide network failure that left users unable to make calls or text

The O2 mobile phone network crashed tonight leaving thousands of customers across the country cut off. Users were left stranded, unable to ...

Bankers face the prospect of jail as Serious Fraud Office launches criminal probe into interest-rate fixing at Barclays

Hearing: Former chief executive Bob Diamond left Barclays over the matter, before appearing before MPs this week A criminal investigation ha...

A British photographer's adorable images of puppies, ducklings and even kittens in hammocks will brighten up any rainy day.

Master of cuteness Mark Taylor's images are in demand all over the world for the purr-fect way they capture a softer side to our best-lo...

Ulster Bank customers still locked out of accounts by RBS IT crisis

The problems, initially dismissed as a glitch, have almost completely been cleared up at the main RBS and NatWest banks after a ten-day stru...

Bank inquiry launched after Libor rate-rigging scandal

Prime Minister David Cameron has announced a full parliamentary inquiry of the banking sector following the Barclays rate-rigging furore. H...

Microsoft Admits £4bn Ad Firm Now 'Worthless'

Microsoft has admitted one of its largest acquisitions in the internet sector is effectively worthless, wiping out any profit for the last q...

George Osborne dismisses judge-led banking probe call

George Osborne has urged Labour to "see sense" and drop its demands for a judge-led inquiry into the rate-rigging scandal at Barcl...

RBS Blames Glitch For Mortgage Payments 'Being Taken Twice'

RBS has had to issue another apology for last month's costly technical glitch after confirming duplicate mortgage payments were mistaken...

Barclays boss Bob Diamond resigns

Barclays chief executive Bob Diamond has resigned with immediate effect. The move comes less than a week after the bank was fined a record ...

RBS Dismissed 10 Traders Over Libor Manipulation

Royal Bank of Scotland Group Plc dismissed 10 traders in connection with alleged manipulation of Libor rates, the Press Association reported...

Creditors of MF Global UK arm ‘may get £2bn’

As much as $3.2 billion (£2 billion) could be returned to creditors of the British arm of failed broker MF Global, according to administrato...

The Californian city of Stockton is set to become the largest US city to declare bankruptcy.

Mayor Ann Johnston told the city council which endorsed the move it was "the most difficult and heart-wrenching decision" they had...

Cyprus bailout cost may be half its economy

Cyprus, which became the fifth euro zone country on Monday to seek emergency funding from Brussels, may require a bailout amount worth up to...

Administrator to cut services after takeover of ailing NHS trust

An NHS hospital trust which is losing more than £1m a week is set to be taken over by a Government appointed administrator with the power to...

Moody's expected to downgrade UK banks tonight

The market has been awaiting the news of a review by Moody's ever since the agency first announced in February that it was looking at mo...

NatWest and RBS customers hit by technical problems

NatWest and RBS customers hit by technical problems NatWest said it was sorry for the inconvenience Continue reading the main story Related...

Bank of England Panic's, Funnels £140 Billion to Bankrupt Banks Ahead of Eurogeddon

Banking stocks soared today on news that the George Osbourne and Mervyn King policy for the Bank of England to give cheap money to the banks...

Property con man Kevin O'Kane has been made bankrupt

A convicted international property fraudster has been declared bankrupt after civil action was brought by investors duped into paying out ne...

HAVING made millions of dollars from the gross overcharging of injured clients, the struck-off solicitor Russell Keddie has declared himself bankrupt

Wiston Gardens, Double Bay. The house is valued at $5 million. Mr Keddie's share was transferred to his wife for $1. HAVING made million...

Allders fails to weather the storm

Allders, the department store backed by fashion entrepreneur Harold Tillman, has become the latest retailer to collapse into administration....

The Most Important Question in Europe: To Bailout or Not to Bailout

I've got some shocking news for you. Things are going badly in Europe. The big story is Spain's borrowing costs. On Thursday yields...

Tom McFeely has British bankruptcy status rescinded

The Priory Hall developer was declared bankrupt in London's High Court in January, but today Justice Sandra Proudman "rescinded...

Nokia cuts another 10,000 jobs as losses deepen

Nokia is cutting another 10,000 jobs globally and has warned that second-quarter losses from its mobile phone business will be larger than e...

The boyband star’s property empire in Ireland had collapsed, leaving the 32-year-old with debts of £18million

Collapse: Shane Filan's property empire has been hit hard WireImage Westlife singer Shane Filan yesterday spoke of his devastation after...