Banks and financial services company and industry news from the Financial Times

Highlights

12:39am

Call for UK proprietary trading crackdown

Canary Wharf financial district viewed over the river Thames, London

Report stops short of pushing for a full ban

FT Alphaville 9:03pm

FT Alphaville: annual CCAR clown show

Jamie Dimon

©AP 9:00pm

JPMorgan accused of lying over $6bn loss

Senate report criticises executive disclosures

FT Alphaville Excerpts from the Senate’s Whale report
Drew to testify on JPMorgan trading loss

Goldman Sachs headquarters

©Bloomberg 8:36pm

Goldman and JPM rebuked by Fed

Banking industry gets go-ahead for $30bn in payouts

Chief Executive Officer of UBS, Andrea Orcel arrives at Portcullis House in London

©Reuters 6:37pm

Orcel awarded $26.2m to join UBS

Former BofA dealmaker’s package stirs debate over pay

6:02pm

Anger simmers again over UBS bankers’ pay

Remuneration at Swiss lender remains generous amid losses

5:57pm

Bank of Italy moves to curb bonus payouts

Large banks pressed to increase bad loan provisions

Brussels blog Live – EU summit
As it happened at EU Summit Brussels blog

Lombard 12:30pm

Prop trade prohibitors encounter risk test

Fine rule-slaloming banks enough to hurt

From WORLD 8:20pm

Climbdown likely over bank shortfall alert

Capital deficit looks far less than Bank of England’s feared £50bn

From COMMENT 7:41pm

China must push for economic change

New leadership should seize the moment and open up to foreign competition, writes Henry Paulson

China’s central bank warns on inflation
beyondbrics China – investment comes first

From MARKETS 5:23pm

UK bank bond issues fall sharply

New rules and euro crisis curtail funding needs

From WORLD 4:58pm

Cyprus fights doubts over Russian money

EU presses island to tighten red tape as condition of bailout

From MARKETS 3:08pm

Euro crisis forces big lending retreat

Europe’s banks forced to rethink business models

Gillian Tett from MARKETS 1:42pm

Remember lessons of 2007 in rush for junk

Warnings over high yield ‘overheating’ are growing

Mar 13, 2013

Ermotti is best paid banker at UBS

Chief deposes wealth management head as top earner

Mar 13, 2013

Goldman goes west for shareholder meeting

Annual assembly to take place in Salt Lake City

From WORLD Mar 13, 2013

Miliband proposes regional bank system

Network of local banks would supply credit to local businesses

Mar 13, 2013

UK watchdog warns on bonus cap

Andrew Bailey says bank salaries likely to rise

Mar 13, 2013

Drew to testify on JPMorgan trading loss

Former chief investment officer faces Senate grilling

From WORLD Mar 13, 2013

Ireland acts on unsustainable mortgages

Banks will be forced to write down value of some housing loans

Multimedia

video

Lex discusses what lower catastrophe losses and weaker investment returns mean for Munich Re

podcast

Banking Weekly discusses pay at the top of Barclays and RBS and the effect of stress tests in the US

beyondbrics

Ferrari cars at an H. R. Owen showroom.

©Daniel Lynch First Gulf Bank has launched the first Ferrari credit card to be offered in the Middle East and Africa

More stories

Energy

Financials

Industrials

Telecoms

Technology

Markets

Offers

FINANCIAL TIMES JOBSGlobal executive jobs

Register today for free job alerts

JOIN THE BUSINESS ELITEMore people at the top read the FT*

BE Europe Survey

*FT has grown in every major readership survey

FT SubscriptionSubscribe to the FT today

FT Newspaper

Subscribe now for complete and unrestricted access

Advertisement

COMPANIES VIDEOS

Advertisement

MOST POPULAR NOW ON FT.COM

COMPANIES NEWS ON TWITTER

Follow @ftcompanies

More FT Twitter accounts

EDITOR’S CHOICE

The Last Word

Box of organic vegetables on kitchen table

©Corbis Horsemeat scandal sheds light on tastes

personal technology

Samsung Galaxy S4

Samsung’s S4 heads for a Galaxy far, far away

LATEST HEADLINES FROM CNBC

FINANCIAL TIMES JOBS

Register for free to receive the latest executive jobs by email

TOOLS & SERVICES