FINANCE & BANKING

Banks might have to stay closed on 22 June to prevent massive withdrawals.

TPG and Satya's $1bn PE fund will invest across Africa in telecoms, finance, healthcare and consumer areas.

Analysts expect a quarter of a percentage point rise in September.

The junior exchange celebrates its 20th birthday on 19 June.

A brothel owner in Austria fed up with what he says are punitive tax payments decided to offer free sex to customers.

The failure on 17 June is the fifth outage in three years, and a relatively small one.

The Central Bank of Greece issued a stark warning of a Grexit on Wednesday (17 June) if aid talks fail ahead of an end of June repayment deadline.

RBS was fined a total of £56m by the FCA and the PRA in 2014 because of its history of blackouts.

European Commission president Jean-Claude Juncker alleges Athens not being straight with the people.

Germany says an emergency plan is needed because Greece could fall into a state of emergency.

Moody's and Fitch have already downgraded the UK to AA+

Global lender reviewing whether to include yuan in its basket of currencies.

Chancellor announced government will sell stake in RBS for less than £45bn Labour injected into it

Mayweather lived up to hype of 'Money' nickname topping Forbes list of 100 Highest Paid Athletes.

'We will do everything to keep Greece in the eurozone but our patience is running out'

Chancellor backs Bank of England governor's crackdown on 'irresponsible' bankers.

The Iraqi government and the KRG have clashed on unspecified parts of an oil deal made in December.

Bank of England governor Mark Carney to tighten financial regulation.

Market roundup: HSBC fails to impress with job cuts while Royal Mail delivers on news of full privatization

Bitcoin pioneer Erik Voorhees has launched an altcoin exchange to be run on iPhones which precludes another Mt.Gox scandal.

8,000 of the total 50,000 HSBC job cuts will be made in the bank's UK arm.

No deal would be the worst of catastrophes for cash-strapped Athens

The club's brand value is now worth more than $1.2bn, more than Bayern Munich and Real Madrid.

Review will look at the bank levy, imposed during the financial crisis, to protect customers of retail banks

The bonds and currency markets have picked up over the last months, which created jobs in the City

Athens looking for €5bn advance to be hub of new gas pipeline from Russia.

Athens decided to postpone the payment of the €300m (£218m, $338m) loan – a highly unusual step, but one that does not yet signal a formal default.

The company's group revenue was up 6.9%.

It is more than five times the amount of the previous record PPI fine.