Enjoy Finance

US prosecutors have asked a federal judge to issue a summons requiring UBS to turn over information about US taxpayers who may be using Swiss bank accounts to evade federal income taxes

Auditors have a green light to begin discussing limiting liability with their clients after new guidance from the accounting watchdog, in what could amount to a landmark move in British corporate reporting

The US private equity group poised to become a 23 per cent shareholder in Bradford & Bingley is willing to bring in two key managers with banking expertise temporarily if its stake purchase is approved by investors

The japanese financial services group is to strengthen its domestic property operations by tripling its investments to about $2.8bn this year. It will use its own funds for the transactions

Clive Briault, formerly managing director of the regulator’s retail division, received more than £500,000 when he left the City watchdog in April

Shares in the CME Group, the world’s largest futures exchange, will next week cease trading on the New York Stock Exchange and list solely on the Nasdaq, the NYSE’s main rival for listings in the US

It will be hard to restore the financial sector to health without a revival of activity in repackaged loans – and that may require abandoning esoteric products and the profits they bring

The Australian investment house that buys, packages and spins off infrastructure assets is safe from short-sellers, for now

Recent events have left a nagging suspicion that the Bank of England’s new framework owes much to pride and ego, writes Philip Stephens

Mortgages for home purchases have plummeted by 64% over the past year - hitting lower levels than during the 1990s house price crash