BTG Pactual shares hit after CEO resigns

Chief André Esteves steps down while under preventive arrest

Hong Kong city skyline
©Dan Breckwoldt/Dreamstime

Why IPOs ‘pop’ in New York but not HK

Flotation battle highlights the very different characteristics of the two markets

The bank of England, City of London.

BoE warns banks of need to build buffers

Counter-cyclical capital cushion set to rise from April

StanChart, RBS struggle in stress tests

Banks pass regulatory thresholds after action to bolster capital

Senn to step down as Zurich Insurance head

Chief executive has faced pressure since failed bid for RSA

MPs warn on Heathrow air pollution

Airport told to prove it can expand within air quality limits

Widodo firefights to damp climate critics

Haze-spewing blazes spur Indonesian president into action

Ex-Garden Centre chief eyes Homebase bid

Marshall talking to private equity about deal for DIY chain

Martin Gilbert’s Viennese whirl

A spiralling down of the oil price means outflows from Aberdeen

India and France launch $1tn solar tie-up

The International Solar Alliance aims to have 121 signatories to develop solar in tropical countries

Lufthansa rides out strikes to cut costs

Management tries to reach pay deals with pilots and cabin crew

Aberdeen’s effort to diversify falls short

UK investment group is still reliant on emerging market equities

World powers are aligned in Paris

An agreement is needed to prevent countries from freeriding on others’ efforts, writes Jeffrey Sachs

Emperador to buy Beam Suntory unit

Philippines-based group continues overseas push

Credit Suisse boosts US parental leave

Bank wants to attract and retain staff in a world of long hours

BTG Pactual: run for its money

Crises in confidence and a short-term funding do not play well

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