The London and Singapore stock exchanges are joining up to make a £1 billion bid for the London Metal Exchange, the last home of open outcry trading in the City... more
The London Stock Exchange says it expects to report a "good first-half set of results", with both share trading and capital raising well ahead of last year... more
An IMF rescue team arrives in Dublin to mastermind a bailout, as Ireland’s central bank chief admits that the country needs “tens of billions” in loans
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Ireland prepares to succumb to an inevitable rescue of its stricken banking system as holders of the crisis-hit nation’s debt are dealt a fresh blow... more
The Bank of England Governor is fond of saying that the job of central banks is to take away the punchbowl when the party gets started, and he’s underlined the point when adding to his hoard of acronyms to describe the nation’s economic plight... more
When Xavier Rolet took over from the redoubtable Clara Furse as London Stock Exchange chief executive in late spring, the question most observers expected him to tackle first — apart from the need to take cost out of the organisation — was how to compete with the growing number of alternative trading venues such as Chi-X, Turquoise and BATS ... more
ICAP, Michael Spencer's interdealer broking giant, said booming bond markets and lively trade in commodities meant it is on track to nearly match last year's profits... more
A takeover bid worth around €830 million (£744million) for London's leading financial clearing house LCH.Clearnet will be discussed by its board early this week.... more
The American clearing house DTCC yesterday officially abandoned its attempt to merge with LCH.Clearnet, the clearing house that serves many of London and Europe. The surprise was that this had not happened before ... more
ICAP has confirmed it is working on plans to take over LCH.Clearnet, the back-office share-settlement house in the midst of a sale to a US rival... more
Bob Wigley of Merrill Lynch is one of the new meritocrats running the business world. Now he's helping Boris Johnson defend London's role as the centre of global finance
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Stock markets have delivered a massive vote of confidence, or perhaps it was thanks, to JPMorgan Chase for its bailout of stricken investment bank Bear Stearns... more
Afternoon:
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