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Allianz back in profit as sales beat forecasts

09.11.09
Insurer Allianz today bounced back from heavy losses a year ago with a forecast-beating surge in profits on sharply higher revenues ... more

Commerzbank victory over unpaid bonuses

22.10.09
Commerzbank has won a court battle in Germany against 13 Dresdner Kleinwort bankers who were suing for unpaid bonuses ... more

Government borrowing surge costs us £63m a day

20.10.09
Government borrowing ballooned to nearly £80 billion in the first six months of the year — a staggering £425 million a day ... more

Kleinwort sold to Belgians in £225m deal

15.10.09
One of the oldest names in the City changed hands today, as Kleinwort Benson, whose history dates back to the 1850s, was sold by Commerzbank to Belgian conglomerate RHJ International for £225 million ... more

$1100 on horizon as gold hits a high

07.10.09
Gold powered to a record high today as the weak dollar enticed traders to the precious metal. It hit $1048.20 an ounce before easing slightly ... more

Pound crashes more than 2.5 cents against dollar

24.09.09
Sterling plunged more than two-and-a-half cents against the dollar as nervous investors were again spooked by the Bank of England... more

Wharf backers up stake

18.09.09
Sovereign wealth funds from Qatar and China pledge to plough millions of pounds into Canary Wharf weeks after rescuing its owner from collapse... more

Holiday giants the stars as Footsie stays above 5000

10.09.09
Shares of the UK’s two biggest package holiday operators were enjoying a blue-skies scenario today as they led the market higher. TUI Travel sported a rise of 8.7p to 265.3p while Thomas Cook added 6.7p at 251.7p as steps were being taken to clear a large overhang of stock ... more

Quintain slumps as Lloyds takes big loss on stake sale

10.09.09
Lloyds Banking Group today sold a 10% stake in London-based residential property developer Quintain Estates & Development, which it acquired along with duff bank HBOS earlier this year, notching up a thumping loss of almost £100 million ... more

New bonuses lawsuit facing Commerzbank

09.09.09
Commerzbank is poised to face a second class-action-style lawsuit from former Dresdner Kleinwort bankers over unpaid bonuses ... more

City bankers sue for £30million unpaid bonuses

08.09.09
Exclusive: A total of 72 City bankers have sued for £30million in unpaid bonuses in the biggest lawsuit of its kind seen in London... more

Courts are flooded with credit crunch legal action

07.09.09
A cascade of credit crunch-related lawsuits lodged by or against banks are leading lawyers to complain of delays of up to three months to book a trial... more

Three more join court chase for unpaid Dresdner bonuses

27.08.09
Three more former big hitters at Dresdner Kleinwort in London have launched legal actions against the bank, demanding millions of pounds in unpaid bonuses and severance pay... more

City Spy: Naked truth is that TV may just be to Jamie's taste

10.07.09
Chef Jamie Oliver may turn out to be a savvier businessman than Gordon Ramsay by focusing on his TV projects rather than restaurants... more

Commerzbank puts up Kleinwort Benson for sale

09.06.09
Germany’s Commerzbank is set to put Kleinwort Benson, one of the City’s most venerable private banks, formally up for sale this week ... more

Europe's battered economy continues headlong decline

15.05.09
The crisis in the German and French economies has deepened in the last three months ... more

Dresdner's bonus-action bankers now face the axe

11.03.09
Some of the 250 City bankers planning to sue Dresdner Kleinwort over £50 million in unpaid bonuses face being made redundant this week... more

Dresdner bankers suing for £50m in City bonuses

03.03.09
Hundreds of London bankers are suing for tens of millions of pounds in unpaid bonuses in a landmark case over City pay... more

Dresdner gloom as bankers fear dire bonuses

13.02.09
... more

City in front line as the jobs cull spreads

13.01.09
Economy: Britain has been hit by yet another wave of job cuts, less than 24 hours after Gordon Brown launched a package to help 500,000 back into work... more

Usmanov finds an enemy on ‘Friends’ site

13.01.09
... more

Dresdner Bank aid talks get under way

06.01.09
Banking: Allianz and Commerzbank have begun talks over state aid from the German government for Dresdner Bank... more

What is to become of John Duffield?

02.12.08
One of the City’s most revered figures has lost £100m in 18 months... more

Shares back on the climb after rate cut

07.11.08
London shares stage a surprise rally after a wave of selling following the huge rate cut drove the market down nearly 6%... more

Commerzbank rescue as it loses £225m

03.11.08
Banking: Germany's second-biggest bank plunged into the red, making it clear why it has been forced to tap a government bailout fund... more

German banks 'facing closure'

09.10.08
Credit crunch: Germany's banks will be dragged into consolidation and forced to cut costs in the wake of the global financial crisis, analysts say... more

This time staff are fired with his Blessing

08.09.08
... more

Market report: RSA climbs on talk of a bid move from Allianz

05.09.08
RSA Insurance provided one of the few beams of sunshine in a gloomy market, jumping 7.2p to 165.5p on rumours that another foreign predator, this time Germany’s Allianz, is sniffing around... more

Commerzbank in dive as Dresdner jobs axe swings

01.09.08
Shares in German banking giant Commerzbank fall more than 8% as investors fret about its £7.3 billion takeover of fellow German bank Dresdner Kleinwort... more

Bonus millions at New Star to keep hold of key staff

30.05.08
New star Asset Management founder and chairman John Duffield unveils a multi-million-pound bonus scheme for his staff... more

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