Tom Hayes, a former star trader at UBS and Citigroup, has been found guilty of eight counts of conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates.
Greek markets suffered a bloodbath on Monday, falling by a record 23pc within minutes of the opening bell as investors rushed to sell off stocks during the first full day of trading in more than a month.
HSBC 581.3p +1.6p. Questor says Hold. The sale of HSBC's [LON:HSBA] Brazilian arm is the latest step in a retrenchment that could eventually see the banking giant up sticks and move its headquarters back to Hong Kong.
German carmakers BMW, Audi and Mercedes, will pay around €2.5 billion to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.
A big jump in sales in Latin America helped Heineken increase profits even as political instability in Nigeria knocked the Dutch brewer's crucial African business.