City of London

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Moritz Erhardt, an intern at Bank of America Merrill Lynch in London, was found dead last week in his shower at his accommodation in east London, it emerged yesterday. Photograph: Reuters/Brendan McDermid

Banks in the City of London are facing calls to overhaul the working culture for younger staff following the death of a 21-year-old intern at Bank of (...)

“This change will play a vital role in restoring the international credibility of Libor,” said Baroness Hogg.

The scandal-plagued Libor interbank rate formally broke with its past yesterday as NYSE Euronext, the transatlantic exchanges operator, won the righ(...)

Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, finance minister Geo(...)

Incoming governor of the Bank of England Mark Carney  is bringing Bank of Canada’s chief spokesman to London with him, in a two-year secondment that could signal a more open style of communications under his leadership. Photograph: Reuters/Michael Buholzer

Mark Carney does not take up his role as governor of the Bank of England until next month, but he has already made what may well prove to be one of th(...)

The Washington Senate committee’s hearings into Apple’s tax affairs last week heard that American multinationals might have up to $1.9 trillion lod(...)

Photograph: Jon Boyes/Photographer’s Choice/Getty

Lee Hadnum, a former tax specialist with Ernst and Young, author of The World’s Best Tax Havens: How to Cut Your Taxes to Zero and Safeguard Your Fina(...)

Seán Mulryan: “Royal Wharf is a unique opportunity in terms of scale for central London particularly given its position on the River Thames.” Photograph: Frank Miller

Ballymore Group, the Seán Mulryan-owned property development firm, will sell off a prime development site in London with permission for nearly (...)

Neil Costigan of BehavioSec is a globally recognised expert in security and encryption

A Swedish company with Carlow-man Neil Costigan at the helm is shaking up online security. BehavioSec, a spinout from the Luleå Technical(...)

Bank of England governor Mervyn King at the opening of the Prudential Regulation Authority. Photograph: Lefteris Pitarakis/Reuters

RIP the FSA – and welcome the PRA, the FPC and the FCA. As if the City of London’s regulatory regime weren’t complicated enough, a new set of a(...)

Taoiseach Enda Kenny with British prime minister David Cameron and Tourism Ireland chief Niall Gibbons in London yesterday. Photograph: Shane O'Neill/Fennells

The responsibility for “socialising the costs of private failure” which led to the Irish taxpayer facing a €64 billion banking debt was “in the fir(...)

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