…The PRA sits within the Bank of England. Its 1,350 staff are responsible for safeguarding the financial health of the biggest banks and insurers operating in the UK….

…Meanwhile, an array of conservative donors in finance and business are willing to bankroll her efforts as part of a last-ditch effort to restore the party’s institutionalist roots….

…David Lillywhite, partner at Burgess Mee Family Law firm, says the volatility of specific assets can be taken into account by the court when considering the division of the matrimonial finances ….

…The Korean financial authorities attempted to declare Lone Star’s acquisition of KEB illegal, in effect killing a proposed 2006 sale of the bank to HSBC….

…Unloading Citrix will help free banks to get the LBO market humming anew….

…After polling portfolio managers this month, Bank of America strategist Michael Hartnett said they were “no longer apocalyptically bearish”. Big caveats remain….

…six months. The big energy companies have called for a similar freeze finance d by a government-backed loan scheme that suppliers could tap to suppress…

Russian national Denis Dubnikov, detained in the Netherlands last November on suspicion of money laundering, has been extradited to the United States, the US Department of Justice said in a statement.

Some respondent institutions need new powers urgently

Turkey’s central bank announced another interest rate cut on Thursday, reducing its key rate to 13% from 14%.