In March the Co-operative Bank quietly hung the �closed to new business� sign over its corporate banking operation. While it continued to service existing business customers it turned away new ones as it worked to conserve capital and to comply with tighter ...

Angry shareholders of HSBC on Friday bombarded the group's board with barrage of accusations ranging from financing Mexican drug cartels to supporting tax havens, slashing jobs and mis-selling products.

News Corp has adopted a �poison pill� to prevent challenges to Rupert Murdoch's control of his family media empire , as it splits into separate entertainment and publishing businesses.

CALLS are growing for a public inquiry into failures to clean up coal mines across Scotland after a new report revealed a potential �60m shortfall in funds for one region alone.

The most actively traded contract, for June delivery, fell $5.20, or 0.4%, to settle at $1,386.60 per troy ounce on the Comex division of the New York Mercantile Exchange.

Households paid off �241m more mortgage debt than they borrowed in an effort to get on top of their debts. Before May last year, net lending had never been negative since the BBA started collecting the data in 1997.

An alarming report by the Crown Estate revealed the country was on the verge of serious disruption in March. ob Hastings, the Estate's energy director, said: �We really had only six hours' worth of gas left in storage as a buffer.

Fri May 24, 2013 7:05am EDT. For other related diaries, please see; DIARY - U.S. Federal Reserve DIARY - Polling Unit Diary DIARY - Key World Financial Events DIARY - Political and General news DIARY - Index of all Diaries DIARY - G7 Economic ...

BRUSSELS--Europe must create a single resolution mechanism backed by a common pool of money to help wind down struggling banks, European Central Bank Vice President Vitor Constancio said Friday.

Robert McDonald's four-year struggle to adapt Procter & Gamble Co. to a new world of more frugal consumers and tougher global competition has come to an abrupt end.