An oil production platform in the Soroush oil fields alongside an Iranian flag in the Persian Gulf. Photograph: Raheb Homavandi/File Photo/Reuters

Crude oil jumped almost 3 per cent on Monday after the United States said it would tighten a clamp-down on Iranian oil exports in May, while US equiti(...)

XL Group says it will buy underwriter Bermuda-based Catlin, which sells insurance for everything from flooding to kidnapping, for about £2.79 billion

XL Group says it will buy underwriter Catlin Group Ltd for about £2.79 billion (€3.6 billion), increasing the Dublin-based insurer’s share of business(...)

Julius Baer shareholders voted yesterday against the private bank’s executive pay plan for 2012, the first time investors have rejected a Swiss(...)