Goldman Sachs last night launched a $5bn (3.4bn) share offer, raising funds that it promised to use to pay back money from the American taxpayer and becoming the first US bank to tap private capital since the financial panic that engulfed the industry last autumn, reports the Independent.
HSBC is looking for buyers for three of its largest offices in London, New York and Paris as part of a global asset sell-off in an effort to secure fresh funding, says the FT.
Royal Bank of Scotland moved a step closer toward dismantling its global empire after two of Pakistan's biggest banks expressed interest in buying its operations in the country, according to the Telegraph.
Marks & Spencer, the high street retailer, has lost market share in the cut-throat clothing sector, according to the latest industry figures seen by The Daily Telegraph.
A bitter battle between two Aim-listed African gemstone producers is set to re-ignite this week as Tanzanite One attempts to push through controversial changes to its bylaws, says the FT.
Lord Davies of Abersoch, the Government's Trade minister, is on course to receive 4m worth of shares in Standard Chartered, the emerging markets bank.
Airmiles, the reward scheme owned by British Airways, is launching a new company to help develop and manage loyalty programmes for other businesses, says the Telegraph.
Virgin Media, the struggling cable operator, has provoked a furious response from unions by revealing it intends to award its executives bonuses just months after cutting more than 2,000 jobs, writes the Independent.
Retailers have urged the Government to provide them with more assistance to keep shops occupied, as Whitehall unveils a 3m initiative today to try to prevent high streets from becoming ghost towns during the recession, says the Independent.
The Government is to put pressure on Network Rail to reduce or cancel bonuses of more than 1 million that are about to be paid to its directors, says the Times.
UK companies and government agencies are increasingly turning to interim managers - experienced executives who parachute in for a few months - to help them cope with challenges thrown up by the recession, writes the FT.
Tech Mahindra, in which BT has a 31pc stake, has won a controlling stake in Satyam Computer Services, the software firm at the centre of India's largest-ever fraud investigation, reports the Telegraph.
In a forecast that will reassure homeowners, Lombard Street Research (LSR) has declared that house prices are now affordable, and forecast that the worst of the property crisis is over, writes the Telegraph.
The number of students sitting examinations that allow them to work in the City has collapsed and could be running at a third of its earlier levels, according to the Times.
The leading lobby group for the North Sea oil and gas industry has called on the Chancellor of the Exchequer to introduce tax concessions for its members or risk about 50,000 job losses inside two years and a looming energy crunch, reports the Times.
The FSA has banned a record number of firms that sell mortgages, pensions, investments and insurance, says the Times.
General Motors, the largest US car manufacturer, appeared on the road to a bankruptcy filing yesterday, as new details emerged of the Obama administration's plan to restructure the company, says the Independent.
Twenty key executives have left AIG Financial Products (AIGFP) after the furore over their bonuses, increasing the cost of rescuing the troubled business to US taxpayers, its chief executive has said, according to the Times.
KKR is among a quartet of private equity giants which have joined-up with Skype founders to buy back the company, says the Times.
Declines in global advertising will be much worse than expected, says ZenithOptimedia, the media buying unit of Publicis, the world's fourth-largest advertising group, according to the FT.
Equiduct, a share trading platform majority owned by Brse Berlin, the German exchange, has become the sixth player to enter to the cut-throat market for trading in FTSE350 stocks with a "soft launch" of operations in recent weeks, according to the FT.
Singapore has warned that the continuing crisis in global finance and trade will trigger the city state's worst economic plunge on record this year - a nosedive that today forced the central bank into a move amounting to a one-time currency devaluation, reports the Times.
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