Crisis-struck outsourcer Mouchel's chief executive Richard Cuthbert quit last week after the firm admitted it got its contract sums badly wrong and profits would be hit as a result... more
On the face of it, this latest rogue-trading scandal might seem fiendishly complex, a scheme which could only have been plotted by a devious mastermind... more
They say you can spot a stock-market bubble when you start getting share tips from your waiter. So what does it mean when you are getting predictions of financial Armageddon from your taxi driver?... more
The huge value put on the price of Facebook, the tripling of the value of Linkedin after it was listed and the outwardly insane valuations put on some other hi-tech stocks have prompted fears that there is another internet bubble in the making... more
Lord Mandelson has launched a staunch defence of Labour's ties with Libya. "It is difficult enough already for us to compete against the world's rising economic powerhouses," he writes in the Financial Times... more
The hedge fund manager John Paulson, who made himself billions of dollars by correctly betting against house prices before the subprime mortgage crisis, has seen his Advantage Plus fund lose 6.9 per cent in June... more
The row over Goldman Sachs is set to become even more intensely political as US senators brief reporters ahead of their grilling of chief executive Lloyd Blankfein and alleged fraudulent trader Fabio Tourre... more
Amid accusations of moral bankruptcy and fraud, the top investment bank claims it is ‘just making money’. A fatal bunker mentality or is there a clever exit strategy?... more
The timing could not be more delicious. On the very day Goldman Sachs announces yet another set of results that leave the rest of the financial world gasping, the FSA in London announces it is following the SEC in the US and launching a formal investigation. ... more
City Editor's Comment: Would you go back to a car dealer if he flogged you a motor and the brakes failed? So why would anyone, as German bank IKB and then Dutch bank ABN Amro did believe in Goldman in future?... more
Goldman fraud claims: At least nine other Wall Street banks created investment funds similar to those that see Goldman Sachs fighting fraud charges... more
Despite the worst year for hedge funds in memory, four of the industry's top fund managers each earned more than $1 billion (£700 million) last year... more
So I'm eating my cornflakes and I read that John Paulson, the New York hedge fund king, has made £270 million betting that the Royal Bank of Scotland share price would fall over the last four months... more
MPs renewed their attack on "short selling" after it emerged that a US firm made a profit of at least £270million betting on a fall in the share price of Royal Bank of Scotland... more
Two of London's wealthiest hedge fund managers paid themselves an estimated £400 million each last year, making them among the world's biggest winners from the credit crunch... more