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...