Europe’s largest bank HSBC today agreed the sale and leaseback of its New York headquarters for $330 million, the first of three such planned transactions ... more
Raised eyebrows in the Treasury at the interview with Baroness Scotland, the attorney-general, in the Financial Times. She is keen to get across just how determined she is to crack down on financial crime ... ... more
One of Lord Foster's most daring designs to date - an office block resembling Darth Vader's helmet - is unlikely to be built after its developers fell victim to the credit crunch... more
The long-awaited redevelopment of Bucklersbury House and Temple Court in the City was kicked further into the long grass today as the developer pulled out of the project ... more
Canary Wharf was in the midst of the banking boom that turned London into the most powerful financial centre in the world - but it could now become one of the most high-profile victims of the bust ... more
Whatever happens to Minerva, the property company named after the Roman "goddess of 1000 works" will leave at least two monuments to its labours in the City... more
Fraud: HSBC's massive exposure to the alleged Ponzi scheme run by Bernard Madoff will add to the pressure on the bank to seek a major fundraising, analysts said... more
The economic downturn has enabled HSBC to buy back its headquarters building in Canary Wharf at a discount of £250 million to the price it sold the building for last year... more
WITH administrators and liquidators picking over corporate carcasses around the country and consigning thousands to the dole queue, step forward the annual Insolvency and Rescue Awards... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
8°c
