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British Airways hits turbulence as brokers say worst is yet to come

24.09.09
Shares in British Airways went into a tailspin today as UBS warned that the airline won't make a profit until 2012.... more

Lloyds rally looks set to put taxpayer back in the money

06.08.09
Shares in Lloyds Banking Group have topped the £1 level for the first time since the start of the year, bringing them closer to the average price of 120p that the Government paid for its 43% stake in the ailing lender last year ... more

Barclays: ‘We are lending the UK far more than we expected’

03.08.09
Barclays revealed it lent £17  billion to UK households and business in the first half of this year — already outstripping the £11 billion target it set for the whole of 2009 ... more

BlackRock — solid as ever in the face of chaos

25.06.09
BlackRock's tentacles are everywhere, from advising the US government and managing vast pools of toxic assets for the Federal Reserve, to running humdrum retirement accounts... more

BlackRock rejected Staveley's $2.8bn backing in deal for BGI

23.06.09
A mystery 24 hour-plus delay in the $13.5 billion (£8.2 billion) sale of fund manager Barclays Global Investors has been explained... more

Heritage Oil on a rocky ride in fundraising to buy Genel

15.06.09
Shares of Heritage Oil hit a low for the day of 510p before rebounding with a rise of 26½p to 532p after announcing plans to raise up to £137 million to help finance the proposed acquisition of Genel Energy International... more

Barclays grabs huge £8.2bn as BlackRock snaps up BGI

12.06.09
Barclays have agreed the much anticipated sale of its giant fund management business Barclays Global Investors to American rival BlackRock for a top-of-expectations price of $13.5 billion (£8.2 billion) ... more

Barclays sale spurs fund managers

12.06.09
A flurry of rumours stoked up by Barclays’ mouthwatering deal with BlackRock propelled interest sky high in other fund managers ... more

Hornby a good fit for Boots — if Pessina allows it

08.06.09
When Boots was taken over by Stefano Pessina’s Alliance group, I irritated Richard Baker, the then Boots chief executive, when I said I did not expect him to last six months under the new regime. He disagreed and he was right; he lasted about a year. In the end though, he decided the company was not big enough to have a hands-on executive chairman in Pessina, and still leave a proper job for the chief executive ... more

Lloyds starts bailout payback with £4.3 billion for taxpayer

08.06.09
Lloyds Banking Group today became the first bailed-out bank in the world to pay back significant money to any government ... more

Fed in £346bn move to kick-start housing

31.12.08
Finance: The US Federal Reserve has set a goal of buying $500 billion in mortgage-backed securities by mid-2009 in a bid to bring down mortgage costs and restart the collapsing housing market... more

Bounce goes out of global share markets

06.11.08
The Obama Bounce looks well and truly over as stock markets around the world plunged on growing fears of a prolonged global recession... more

BoA swoops for Merrill in £28bn deal

15.09.08
Credit crunch: Bank of America’s $50 billion (£28 billion) early-morning takeover of Wall Street investment bank Merrill Lynch creates the world’s biggest financial services group... more

Americans in City put their cash on Obama

27.08.08
These are nervous times for some of the big-money Americans based over here who have been investing in the Us Presidential race as Barack Obama and John McCain run neck and neck in the polls during the party convention season... more

Merrill near to Bloomberg deal

10.07.08
NY Mayor Michael Bloomberg is to pay Merrill Lynch £2.53 billion for a stake in financial news provider Bloomberg... more

Buccaneer building a new Hambro dynasty in the Far East

09.07.08
Peter Hambro carries his family's dynastic urge into new territory with a mix of ready wit and Old Etonian charm... more

Crisis over? No, it's set to spread much wider

08.05.08
You would think that bankers would by now be wary about following the latest fashion, but it would appear to be a habit too deeply ingrained to shake off... more

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