Vikram Pandit, Citigroup’s chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mark a sharp revival in Citi’s fortunes

10 March 2010 | 3:02 pm

The UK premier backed away from his ambitious plans for a global tax on financial transactions, and dashed hopes of anti-poverty campaigners that revenues taken from banks would be directed to developing countries

10 March 2010 | 2:51 pm

Germany and France have called on the European Union to consider banning speculative trading in credit default swaps and set up a compulsory register of derivatives trading

10 March 2010 | 2:26 pm

Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst

10 March 2010 | 2:26 pm