António Horta-Osório, chief executive of Lloyds Banking Group. He stands to collect a bonus of £7 million on Friday. Photograph: Simon Dawson/Bloomberg

Long-suffering shareholders in Lloyds Banking Group expect a token dividend this Friday

HSBC maintained, in full page adverts taken out in papers at the weekend,  that its Swiss banking operations had been “completely overhauled”. Photograph: Harold Cunningham/Getty

Fallout from tax evasion activities of bank’s Swiss operations not abating

Analysts caution that the road to recovery at Tesco will be a long one

Impact of the supermarket’s new boss already being felt on bottom line

The BP chief warned it would be “a long time” before we saw $100 a barrel oil again

Oil giant has entered ‘challenging’ phase of low prices, warns chief executive

 Li Ka-shing: a week before his interest in O2 was revealed, his Hutchison Whampoa conglomerate added to its portfolio of UK holdings with a £2.5 billion takeover of Eversholt Rail.  Photograph: Alex Hofford/EPA

Consumers fear that fewer phone operators in UK will result in higher bills

Terry Leahy: stepped down as chief executive of Tesco three years ago after a glorious 14-year reign

Until now Terry Leahy had appeared happy to maintain a dignified silence on Tesco’s travails

Shares in the supermarket chain jumped more than 4 per cent after news of Dalton Philips’s departure, a brutal verdict from the City on the Irish man’s time at the top. Photograph: PA

Ousting of Irish man inevitable after worst performance among major British supermarket chains

Retailers are counting the cost of Black Friday as they survey the damage the discounts have done to their profit margins over the Christmas season. Photograph: Rob Stothard/Getty Images

London Briefing: Spending splurge dents Christmas profits

The Bank of England sign on the wall of its headquarters in London. A power cut at the bank added to the drama of banking stress tests yesterday

Bailed-out Bank of Scotland and Lloyds scrape through while inflation remains low

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