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No fee agreed for Xabi Alonso, say Liverpool

23.07.09
Liverpool have dismissed claims today that a fee has been agreed with Real Madrid for the sale of Xabi Alonso... more

US jobless rate highest for more than 25 years

05.06.09
Unemployment in the US has topped 9% for the first time in more than 25 years as the financial crisis and recession push Americans out of work... more

Liverpool FC in red, costing owners £43m

05.06.09
The debt crisis at English football clubs was highlighted today by news that the owners of Liverpool lost £42.6 million last year ... more

Citi-Morgan talks seen leading to wave of deals

12.01.09
Finance: Citigroup and Morgan Stanley are set to announce a deal to combine their brokerages, a move that could trigger a fresh wave of consolidation in the troubled and thinning banking industry ... more

New chairman hired to rescue Ennstone

05.01.09
Construction: Quarrying group Ennstone is attempting to dig itself out of a hole in the new year by bringing in an insolvency accountant as its new executive chairman... more

Leap of ½m is worst US jobless rise for 34 years

05.12.08
US companies axed more than half a million jobs in a month in the worst slump in American employment since 1974... more

As Hank leaves, Citi's Rubin is Obama's guru

27.11.08
It's goodbye to Henry "Super Hank" Paulson, who sadly failed to live up to his nickname... more

Gordon is our saviour? EU must be joking

24.10.08
Few people in Britain have taken too seriously the claims by US Nobel economics laureate Paul Krugman and other luminaries that Gordon Brown's recapitalisation of the banks means he is a global superhero... more

Markets in nosedive as slump fears take hold

22.10.08
Markets: World stock markets were crashing again as investors were gripped by fears of a deep and prolonged global recession... more

The silicon chips aren't down yet

13.10.08
"How poor are you?" That's what formerly rich guys ranging from hedge-fund kings and tech pioneers to bankers and trust-fund heirs are now asking each other at dinners around town. ... more

Why Sorrell should stay put and show gratitude

06.10.08
If there is one lesson among the many to be gleaned from the past few weeks, it is surely that big business cannot behave as though there is one law for itself and another for the little folk. ... more

Wells Fargo rides in for a surprise Wachovia coup

03.10.08
Banking: As Congressmen assembled to debate whether Hank Paulson's controversial bill to bailout the banks should be passed, the historic Wells Fargo bank agreed to buy America's fourth biggest bank, Wachovia, for $15 billion... more

Market report: Puzzle over talk of Shell takeover move on Regal

03.10.08
Mystery and speculation once again engulfed Regal Petroleum as reports of a £666 million takeover by Shell were denied... more

Bankers drown their sorrows in Manhattan bars

30.09.08
Wall Street drinking dens were engulfed with panic and despair at US politicians as traders drowned their sorrows following the bail-out collapse... more

When this is over, what kind of world will be left?

30.09.08
Following the failure yesterday of the US rescue plan, Wall Street plunged, dragging everyone else with it. When the dust settles, we may find life has changed for good... more

Wachovia saved from bankruptcy by Citigroup

29.09.08
Citigroup saved US bank Wachovia from almost certain bankruptcy as the worst financial crisis since the Great Depression wreaked more havoc on Wall Street... more

Market report: HBOS in the spotlight after Caz puts boot in

29.09.08
All eyes in the City were on trading in shares of HBOS today as the price of Britain’s biggest mortgage lender fell a further 19.6p to 153.7p... more

Mack the Knife must be cut to the quick

23.09.08
It can’t be much fun being John Mack at the moment. The famously aggressive boss of Morgan Stanley — “There’s blood in the water, let’s go kill,” is one of his exhortations — is clearly struggling to come to terms with the dire situation that confronts him... more

Japan giant swoops for £5bn stake

22.09.08
Banking: Japan's biggest bank agreed to take up to a 20% stake in Morgan Stanley as the Wall Street giant battled to remain independent... more

China buzz over Morgan Stanley and Wachovia ‘link talks’

18.09.08
Talk of a merger between Wall Street titan Morgan Stanley and US retailer bank Wachovia could end up being a three-way deal with a state-backed major Chinese investor... more

Seeking an Equitable solution

11.09.08
There was a timely reminder in a published progress report yesterday that a substantial chunk of Equitable Life is not only alive but still able to kick.... more

US jobless rate rockets to signal full-blown recession

05.09.08
Economics: The US unemployment rate has shot up to near-five year highs, marking the clearest sign yet that the world's biggest economy is now in full-blown recession... more

US lenders are sued for 'fraud'

24.07.08
Authorities in San Diego in southern California are looking to make their city a mortgage "foreclosure sanctuary", and are suing home lenders Bank of America and its recent acquisition Countrywide to help carry out the plan... more

Dollar and shares dive as global worries grow

15.07.08
The dollar tanked and London plunged deeper into the bear market on growing concerns over the state of the global economy... more

Global toll rises to 47,000 as more London jobs lost

25.04.08
The worldwide bloodletting of finance jobs has hit 47,000, with Mizuho Financial the latest to wield the axe in London... more

Bear Stearns in SEC line of fire as its profits plunge

15.04.08
Bear Stearns reveals it is facing civil charges by the US Securities and Exchange Commission... more

More pain on Wall Street as Wachovia set to raise $7bn

14.04.08
Meanwhile two of US's largest players prepare to announce massive new writedowns... more

Banks hit back on radio buyout

01.04.08
RBS and five other banks being sued over the buyout of a US radio operator are fighting back... more

RBS sued over Clear Channel

27.03.08
Royal Bank of Scotland is being sued over the failed £9.75m takeover of US radio group Clear Channel Communications ... more

If things were going wrong at Lehman, its 'digital mind' would know

20.03.08
On Monday, Richard Fuld was staring into the abyss as rumours swirled around the bank he built. So where did he find the strength to face down the sceptics?... more

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