Chancellor George Osborne's claim to have halved a �1.7 billion EU surcharge in negotiations in Brussels last year is "not supported by the facts", a report has found.
Transparency is to be the keyword for the Bank of England's dealings with the City. The Bank is on a mission to overhaul how it interacts with the City in the wake of its embroilment in the forex scandal.
Standard Chartered has hired the veteran investment banker Bill Winters as its new chief executive, drawing praise from investors even though he is widely expected to launch a multibillion-pound rights issue.
Barclays Bank is expected to more than double its existing financial provision for alleged manipulation of foreign exchange markets to at least �1 billion when it reports its annual results next week.
Germany is expected to approve the new eurozone bail-out deal for Greece in a parliamentary vote on Friday but has warned that Athens will receive nothing unless it honours its commitments under the deal.