National Bank head Stelmakh told the parliament

Australia's biggest securities firm, Macquarie Group, plans to raise more than €5bn (4bn) to reportedly snap up European assets

The revolving door at Harrods is spinning again as the iconic store announced a new chief executive

A round-up of the shorter City news stories from the Evening Standard, including Waitrose, China, Charles Clarke and KPMG

The managing director of the International Monetary Fund, Dominique Strauss Kahn, was in triumphal mood yesterday

Ten years ago Liffe, the London International Financial Futures Exchange, was on the verge of collapse. Now trading is up 100-fold after an astonishing recovery

The Financial Mail on Sunday's respected stock picker tips an ethical palm oil producer in a different league

As chancellor, Gordon Brown's most momentous policy move was to hand independence to the Bank of England in 1997

The Serious Fraud Office was today found by a court to have acted unlawfully in ending the BAE-Saudi arms deal investigations

The Daily Mail city team explains the meaning behind the term 'collateral'

Google is hiring controversial banker Frank Quattrone, who was at the centre of the dot-com boom and bust, as a strategic adviser

The FTSE 100 is about to see another giant foreign mining concern that few investors have heard of join the London stock market

Tesco is planning a series of self-contained 'villages' where people will be able to live, work and buy groceries

Every day we round up share tips from national newspapers and investment magazines - see all this week's recommendations

Alistair Darling will tonight call for major reforms of the world's financial institutions to overcome the credit crunch

The 35-year saga of the Marks & Spencer chocolate teacakes has ended in a costly defeat for the Treasury

A London hedge fund manager is being sued for making more than £100m by allegedly trading illicitly

Private equity firm Bain Capital is ahead of a pack trying to buy a 29.9% stake in All Bar One owner Mitchells & Butlers

Cadbury's share prices were delat a blow after the confectionary company releaved sales of Easter egg were down

17.00:It looks like another big pay day for hedge fund operator and activist shareholder Martin Hughes, known to his mates in the City as 'the rottweiler'