Fears over a second credit crunch were raised today as five central banks including the Bank of England announced emergency plans to pump billions of dollars into the financial system... more
The future of the investment banking giant UBS in London hangs in the balance after it revealed that a single rogue trader had run up losses of $2 billion... more
Michael Hewson, market analyst at leading spreading betting house CMC Markets, gives his view on the recent controversial move to link the Swiss franc to the euro... more
The Swiss franc takes its biggest plunge in more than 20 years as the nation's central bank dramatically intervened to weaken its currency and prop up the economy... more
World stocks and the euro slip as investors grow concerned that French and German plans for closer fiscal integration may be insufficient to stop the regional debt crisis from spreading further... more
A massive turnaround from loss to profit at Credit Suisse's investment banking operations saw it join the growing list of global banks beating market forecasts today... more
Banking: Hundreds more investment banking jobs are to go at UBS's as Switzerland's largest bank said it wants to reduce staff by another 2000 or more this year... more
Eagle-eyed observers who managed to take their eyes off the on-track action at Sunday’s nailbiting Brazilian Grand Prix may have noticed trackside hoardings for a company called Form - a company owned by Petra Ecclestone... more
Credit Suisse, the investment bank that employs thousands of people in its London headquarters at Canary Wharf, welcomed moves by the Swiss authorities to support the banking system... more
Credit crunch: Unlimited amounts of dollars will be available to the commercial bank lending market as the US Federal Reserve continues to stand behind attempts to kick-start liquidity in the money markets... more
After yesterday’s £500 billion bail out to the banks, Michael Spencer, the richest self-made man in the Square Mile talks exclusively to the Standard about who’s to blame... more
The Federal Reserve wades into the international money markets, pumping in a further
$180 billion (£101 billion) of dollar-denominated lending ... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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