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News analysis Shares profit is on a scale some SWFs can only dream of, write Peter Thal Larsen and Kate Burgess When the history of the credit crunch is written, [...]

Mideast investor places 1.3bn shares Sheikh Mansour to book [pounds sterling]1.46bn profit Shares in Barclays fell 14 per cent after one of the bank's largest Middle Eastern investors sold its [...]

'Strategic' buyer to cash in after seven months IPIC stands to make handsome profits One of Barclays' largest Middle Eastern shareholders last night announced plans to offload its stake in [...]

Sheikh Mansour's shares up for sale Abu Dhabi group could pocket a large profit One of Barclays' largest Middle Eastern shareholders last night announced plans to offload its stake in [...]

Sir Victor Blank to quit before June 2010 Investor pressure over tie-up takes its toll Sir Victor Blank will step down as chairman of Lloyds Banking Group before June 2010, [...]

News analysis Bankers are leaving large groups to go it alone, write Peter Thal Larsen and Jonathan Wheatley Three years ago, Andre Esteves hailed the benefits of being part of [...]

banks Pactual sold back to founders for $2.5bn Bank moves to shrink investment banking UBS's new management took a big step towards reversing the Swiss bank's expansion during the boom [...]

CVC takes on high debt for iShares Biggest UK private equity deal in years On the surface, CVC Capital Partners' acquisition of iShares seems a throwback to the leveraged buy-out [...]

Quick sale might have displeased investors CVC keen to float $4.2bn acquisition Barclays is likely to face more tough questions from shareholders over its decision to sell iShares after the [...]

Citigroup's crisis intensified yesterday as its shares dipped below $1 amid growing investor concerns over the US government's decision to bail out the troubled bank by taking a stake of [...]

BANKS Citigroup's crisis intensified yesterday as its shares dipped below $1 amid growing investor concerns over the US government's decision to bail out the troubled bank by taking a stake [...]

BANKS Market value drops to just $5.6bn Bank chief calls for insurance scheme Citigroup's crisis intensified yesterday as its shares dipped below $1 amid growing investor concerns over the US [...]

BANKS Capital raising to play increasing role Pressure on M&A and equities profits JPMorgan Cazenove, the UK investment bank, is relying on capital raising by large companies to power its [...]

BANKS Investor confidence in Lloyds Banking Group was shaken further yesterday when it warned that the newly acquired HBOS had suffered a [pounds sterling]10bn ($14.4bn) loss in 2008. The shares [...]

BANKS Record trading loss for rescued bank Questions raised over due diligence Top executives at Lloyds Banking Group were last night facing intense scrutiny after revealing that HBOS, the UK [...]

BANKS Joint bid of [pounds sterling]5bn deemed too low Doubts raised over structure of deal Royal Bank of Scotland has scrapped the sale of its UK insurance operations, almost 10 [...]

Move raises questions about group's strategy Speculation over future of investment bank UBS signalled its willingness to take dramatic steps to overhaul its business in response to the financial crisis [...]

UBS signalled its willingness to take dramatic steps to overhaul its business in response to the financial crisis by holding talks late last year with Morgan Stanley over the sale [...]

News analysis Senior figures urge the chancellor to take over the two banks fully, write George Parker and Peter Thal Larson Alistair Darling faces demands from a senior Labour MP [...]

BANKS Hampton in small field of candidates UKFI expected to back appointment Sir Philip Hampton, the chairman of J Sainsbury, has emerged as a leading candidate to take over as [...]

News analysis The Citigroup approach has spawned plenty of imitators, writes Peter Thal Larsen When Citicorp and Travelers unveiled their ground-breaking merger a decade ago, the deal heralded a new [...]

State part-nationalises lender by taking 25% The German state injected a further [euro]10bn ([pounds sterling]9bn) into Commerzbank yesterday and took a 25 per cent stake to shore up the country's [...]

The Commerzbank bail-out highlights attempts by governments to recapitalise their banks without taking direct equity stakes, writes Peter Thal Larsen . Of the [euro]10bn ($13.7bn) the German government's bail-out fund [...]

banks Royal Bank of Scotland, the state-controlled UK lender, is discussing the sale of its [pounds sterling]2bn ($3bn) stake in Bank of China amid a scramble by foreign investors in [...]

Hester discusses fate of [pounds sterling]2bn BoC holding Move signals end to era of rapid expansion Royal Bank of Scotland, the state-controlled lender, is discussing the sale of its [pounds [...]

PM hints at tougher line in lending crisis Government takes control of RBS Gordon Brown in effect ruled out the wholesale nationalisation of the banks yesterday as the government took [...]

Investors reject bankers' rescue move Alternative to takeover by Lloyds faces hurdles Some of HBOS's biggest investors have poured cold water on an attempt by two of Scotland's most prominent [...]

Royal Bank of Scotland yesterday suffered its first senior departure since the recent government bail-out when Mark Fisher, the executive in charge of integrating the operations of ABN Amro, left [...]

When the government last month unveiled its [pounds sterling]37bn bail-out of three of the UK's largest banks, ministers maintained they would have substantial influence over the banks' behaviour. Yesterday, Lloyds [...]

Polygon, the Anglo-US hedge fund group that built a name for investor activism at companies such as British Energy, is suspending redemptions in its flagship $4bn Global Opportunities multi-strategy fund [...]

Financial Sector Lenders will focus on shareholder value despite new constraints, write Peter Thal Larsen and Jane Croft Employees, customers and shareholders of some of Britain's largest banks were asking [...]

Financial Sector Lenders will focus on shareholder value despite new constraints, write Peter Thal Larsen and Jane Croft Employees, customers and shareholders of some of Britain's largest banks were asking [...]

GENERAL FINANCIAL News Analysis Folding in Lehman is the immediate task, write Chris Hughes and Peter Thal Larsen As the world braces itself for another week of mayhem on the [...]

Succession Royal Bank of Scotland's need to raise a large chunk of capital for the second time in less than a year is raising new doubts about the future of [...]

The Belgian government was last night locked in talks with BNP Paribas, the French bank, as it sought to find a buyer for the remaining Belgian and Luxembourg assets of [...]

National operations to be taken over [euro]16.8bn move could hinder co-operation The Dutch government last night ripped up the week-old bail-out of Fortis, announcing it would spend [euro]16.8bn ([pounds sterling]13.1bn) [...]

BANKS Public statement to remove uncertainty Lloyds TSB's takeover of HBOS received another boost yesterday when M&G, one of the largest shareholders of both banks, announced it would vote in [...]

When Lloyds TSB called in its investment banking advisers late last month to advise it on the [pounds sterling]15bn takeover of HBOS, its domestic rival, executives at the UK lender [...]

Bank still faces potential pitfalls Concern over sale of ABN Amro assets The state rescue of Fortis has given the Belgo-Dutch financial group some much-needed breathing space, but it leaves [...]

banks Price renegotiation with Lone Star fails Sale was set to win Korean backing HSBC last night abandoned its year-long pursuit of Korea Exchange Bank after failing to renegotiate the [...]

BANKS HSBClast night abandoned its year-long pursuit of Korea Exchange Bank after failing to renegotiate the price of the $6.3bn deal. The banking group terminated an agreement with Lone Star [...]

Competition rules may be waived Merger will create big UK retail bank Lloyds TSB last night agreed a [pounds sterling]12bn ($21.7bn) takeover of HBOS after a UK government-brokered deal to [...]

Lloyds TSB last night agreed a [pounds sterling]12bn rescue takeover of HBOSafter the government brokered a deal to save the country's largest mortgage lender from a crisis of confidence. After [...]

Cost of protecting defaults jumps Industry divided over turmoil When Chase Manhattan bought JPMorgan in the autumn of 2000, many thought the deal would trigger a series of mergers in [...]

Cost of protecting defaults jumps Industry divided over turmoil When Chase Manhattan bought JPMorgan in the autumn of 2000, many thought the deal would trigger a series of mergers in [...]

Regulators prepare ground for bankruptcy Barclays walks away over lack of guarantees Top Wall Street executives and officials were last night engaged in increasingly desperate efforts to save Lehman Brothers [...]

BofA leading candidate to buy Wall St bank Solution sought before opening of markets Lehman Brothers - one of the great names of Wall Street - is facing a weekend [...]

BofA leading candidate to buy Wall St bank Solution sought before opening of markets Lehman Brothers - one of the great names of Wall Street - is facing a weekend [...]

BofA leading candidate to buy Wall St bank JC Flowers and China wealth fund involved Lehman Brothers - one of the great names of Wall Street - is facing a [...]

News Analysis Peter Thal Larsen and Francesco Guerrera on the bank's new strategy for survival In recent months, Lehman Brothers executives have been involved in increasingly frantic efforts to raise [...]