Citigroup

I was speaking to a young couple from Madrid a couple of weeks back. They were on a camping holiday, a treat paid partly by their respective parents. Things were very bad in Spain they told me and both were most concerned about getting work. The young lady said: "Everybody's going to either Madrid or Barcelona...Really the only two places in the country where you can find anything. It's not good in the north (of Spain) and the south is just devastated."

A Spanish court has decided to reopen an investigation into allegations a Saudi billionaire prince and nephew of King Abdullah, raped a model on a yacht in the Mediterranean three years ago, the AFP reported Wednesday.

U.S Credit Downgrade Closer as Leaders Stall on Austerity Plans

Shares in British banks were broadly down on the FTSE 100 in morning as gloom about the global economy descended on the market.

Shares in British banks were up on the FTSE 100 as positive broker comments outweighed mounting concerns about sovereign debt in the eurozone.

Shares in British banks were up on the FTSE 100 in morning trading following a set of forecast beating results from US banking giant Citigroup yesterday afternoon.

Robert Swannell a Citigroup banker, former vice-chairman in Europe, is to take over from Sir Stuart Rose as M&S' next Chairman from next year when Sir Stuart steps down.

Tesco are reportedly listed as a possible buyer for Egg, the online financial services provider which was put up for sale by Citigroup.

Shares in British banks were down on the FTSE 100 in morning trading as investors exercised caution ahead of results due to be published by U.S. banking giant Goldman Sachs.

Shares in British banks were mixed in morning trading on the FTSE 100, with Barclays and RBS shares dropping amid concerns about the eurozone and the state of the global economic recovery.

Shares in British banks were down on the FTSE 100 as U.S. bank JP Morgan reported weaknesses in its investment banking arm.

'Friends Life' the new brand formed by Axa's UK Life and Pensions business merging with Friend's Provident has been announced today after Resolution acquired Axa's business for £2.75 bn.

Shares in British banks recovered after early losses in morning trading incurred by ongoing worries about the sovereign debt in the eurozone and by a new investigation by the Office of Fair Trading.