The Federal Reserve Bank of New York is investigating whether Goldman Sachs' mortgage servicing arm did not conduct proper reviews before denying borrowers the option to lower their payments under a government loan modification programme... more
AIG agrees a plan with the US government to repay its $182.3 billion bailout, just over two years after it was rescued from the brink of collapse... more
Just how wide is the opposition to Tony Ball being made ITV's next chief executive within the higher reaches of the broadcaster? Very, is the answer.... more
Watching the new US Treasury Secretary, Timothy Geithner, announce his quackish remedy for our financial ailments this week, another politician came to mind. The Bambi stare, the disembodied grin. It was Tony Blair all over again. And Wall Street hated it, sending the Dow plummeting in response to his ideas.... more
Insurance: Embattled insurer American International Group is axeing 6% of staff at investment arm AIG Investments, with key jobs in London among them... more
While Alistair Darling was fleshing out his plans to save the UK economy yesterday, Barack Obama was unveiling the team he wants to help him save the American one... more
Economics: The odds on Tim Geithner becoming the next US Treasury Secretary have shortened after a key Barack Obama adviser said he would be a "superb" candidate... more
Insurance: American International Group is facing an investigation for "unwarranted and outrageous expenditures" after paying hefty executive bonuses and spending £50,000 on a UK shooting trip... more
Insurer American International Group (AIG) could get another $38 billion (£21.94 billion) in government cash under a new investment plan by the Federal Reserve... more
Analysis: One of life's rules is that there's bad in good and good in bad. The total collapse of the US financial system is no exception. Even in the midst of the current financial despair, we can look around and identify many collateral benefits... more
London Gateway, the £1.5bn container port under construction on the Thames at Thurrock, will have capacity to unload six of the world's largest ships at one time and have as much impact on the capital as a new airport or half a dozen Westfield shopping centres
With London Fashion Week kicking off on Friday, British designer Matthew Williamson tells Rosamund Urwin about breaking up with his ex, post-show partying and his new model man
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