Former HBOS chief executive James Crosby dramatically resigned as deputy chairman of the British Financial Services Authority (FSA) today.

UK banking giant Barclays was hoping today that an attempt to shore up investor confidence had worked after the value of its shares plummeted during a frantic hour of trading on the FTSE yesterday..

A NEW YORK newspaper stole the Empire State Building in a bid to expose a loophole in the city’s legal system.

Struggling UK mortgage lender Bradford & Bingley is to be nationalised, the British government confirmed today.

Lloyds TSB unveiled details today of its £12.2bn (€15.5bn) takeover of ailing rival Halifax Bank of Scotland.

JOHN BYRNE, a former executive of Warren Buffett’s Cologne Re Dublin unit, was banned from managing insurance companies in Australia and Britain for his role in “sham” reinsurance transactions, regulators said.

The power of the London market's watchdog to tackle cases of market abuse was seen to have been sharpened today by the landmark conviction of a company boss.

On the day that the Government announced a falling exchequer deficit and the European Central Bank left its key interest rate unchanged, the ISEQ was up 1.55 at 5542.17.

The British Financial Services Authority said today it was taking no action against Stuart Rose following an inquiry into share dealings made by the Marks & Spencer boss.

STANDARD Life said yesterday up to 360 jobs could be cut from its sales force as part of restructuring.

Bank of Scotland was fined a record £1.25m (€1.8m) today for breaching anti-money laundering rules on the identification of customers.

Consumers have been warned to be realistic about the returns they could expect on investments in the current market.