Martin Baccardax

Candidates include current and former Barclays executives as search campaign begins

Departure follows resignation of chairman Marcus Agius amid growing row over Libor scandal

Markets hold onto gains as Unemployment around the region hits record and manufacturing shrinks

Rate fixing scandal provides cover for politicians and policy makers alike

Resignation of chairman Marcus Agius likely to intensify calls for CEO Bob Diamond to step down in fallout from Libor-fixing scandal.

Europe's stock markets rose to two-month highs to kick-off trading for the second half of the year after better-than-expected economic data from Asia and at home helped build on gains from the conclusion of last week's Leaders Summit in Brussels.

Peter Madoff, younger brother of convicted fraudster Bernard Madoff, faces 10 years in prision

German Chancellor Angela Merkel agrees to action on bond markets and bank rescues after gruelling 13-hour negotiations

Two-day meeting set to discuss markets, debt-sharing despite absence of Greek Prime Minister

Arson, bomb threats and government departures underline plight of Europe's "Sick Man"

Spain will get 'technical assistance' from IMF as Cyprus is added to list of formal EU rescue recipients following Eurogroup statement

European stocks are holding onto modest gains this morning despite the rising tensions among European leaders ahead of a crucial summit in Brussels aimed at calming global investor concerns over the region’s two-year debt crisis.

Cyprus becomes fifth Eurozone state to seek financial help ahead of 20th Summit since crisis began in 2010

European stocks fell for a third day after a sale of short-term Spanish debt exposed the highest borrowing costs so far this year for Europe’s fourth-largest economy.

126th Wimbledon Tennis Championships kicks off in SW19 in much the same fashion as it has done for 50 years.

Markets are drifting lower this morning as investors await a crucial meeting of European Leaders in Brussels this week that will set the tone for market direction throughout the summer months.

Spain to formally seek bank aid and test debt markets as leaders prepare for Brussels summit.

Bank downgrades come amid global review by Moody's as IMF says European crisis enters 'critical stage'.

S&P says Spain's €100bn bank deal with the EU should see it through to the end of 2013

Reports suggest ratings firm could downgrade UK banks as part of review of global capital markets firms

Fed's $267bn "Operation Twist" disappoints as PMI data in China and Europe underscore global economic slowdown

'All necessary policy measures' pledged to fight debt crisis as European leaders depart G20.

Spain €3bn short-term debt sale hits 5 percent yield as German investor sentiment falls the most since 1998

Leftist Syriza says it will not form coalition with Pro-Bailout New Democracy and demands renegotiation of EU bailout terms

Global central banks said to be considering coordinated response if Greek vote raises Euro exit risk

Savers and taxpayers to be protected from banking crises under new plans, but government softens on capital buffers for global lenders

Markets weaken after Moody's cuts debt ratings for Spain, Cyprus as European crisis deepens.

Markets little changed but losing steam after a poorly-received bond sale from Italy and a low take-up on debt sold by Germany

Investors question timing, detail of Spain's EU-led rescue as Greek election concerns mount