Stephen Foley: America on bailout red alert again

You can’t put a price on the change in consumer and business confidence that has come about because property prices have arrested their decline….

Bear Stearns fund managers found not guilty

Author: By David Usborne, US Editor Matthew Tannin and his former boss Ralph Cioffi walked out of the courthouse free men after a trial that lasted ju…

RBS faces another year of losses, Hester admits

Author: By James Moore, Deputy Business Editor The bank, releasing its third-quarter results, is also likely to miss targets agreed with the Governmen…

Group of US banks taps investors for $6bn

Author: By Stephen Foley in New York Three banks which had been given a clean bill of health by the Treasury department, and were therefore not requir…

David Prosser: This bailout won’t get the banks lending

The whole point of QE, of course, was to get money flowing through Britain’s recession-hit economy. The transmission mechanism through which the…

Government to create three new high street banks

Author: PA According to The Sunday Telegraph, Alistair Darling will announce that Treasury-controlled Royal Bank of Scotland and Lloyds Banking Group …

James Moore: Why this valuable prize should go to a newcomer

Even with the EU-imposed constraints on new mortgage lending (which will apply to whoever the new owner is) and even if the state guarantee on savings…

Government to break up the banks

Author: By James Moore, Deputy Business Editor Government sources said ministers were “determined” to see more competition in the market, …

RBS denies it will pay out bumper bonuses

Author: By Alistair Dawber The bank, which received a £37bn taxpayer-funded bailout in October last year, said the claim that it was to pay as much as…

Stephen Foley: Tsar uses power over pay

I have been struggling to get comfortable with Mr Feinberg’s order to zero out the 2009 pay of Ken Lewis, the humiliated and soon-to-depart boss…