HSBC to set aside £400m for forex probe

UK bank expected to reveal charge alongside results

BoE raises bank leverage ratio

Measure is at lower end of analysts’ expectations

UK to repay part of perpetual war loans

Government to redeem £218m in 4% Consol issued in 1927

IAG raises 2014 profit target

British Airways’ parent benefits from rivals’ problems

Russia raises interest rates to 9.5%

Central bank acts to steady rouble amid geopolitical isolation

Burkina Faso president Compaoré quits

Military takes power in west African country after coup

©©Robert Metsch

ECB moves house after three-year delay

Costs spiralled to €1.2bn and tower not large enough for all staff

Silicon Valley Special

Yair Lapid
©Quique Kierszenbaum/FT

Israeli minister vetoed settlement funds

Finance chief refused funding that would inflame tensions

RBS makes £400m provision for forex probe

Part-nationalised bank still manages £1.27bn pre-tax profit

Democrats make last stand in Georgia

Demographic changes offer hope to the party in the South

Apple Watch set for face off with Swiss

Arrival of smartwatches as a new market segment set to rock Alps

Comment and Analysis

Tower of London poppies take UK into new age of war commemoration

Sombre memorials upstaged by installation art

QE’s break-up with markets: no regrets?

My therapist thought it would be a good idea for me to write this

Alan Opie and Jesse Kovarsky in 'The Death of Klinghoffer'
©Ken Howard

Operatic outrage trumps pop or hip-hop

Unlike ‘Klinghoffer’, popular music is silent on topics other than sex, writes Ludovic Hunter-Tilney

Best comments from our readers

"The special Snapchat story is probably my favorite feature of the app. During the El Clasico last weekend, people who took photos at the game uploaded them to a shared story. It definitely was cool to see Madrid score a goal and hear the roar of the crowd from the stands thanks to someone the Bernabeu stadium fortunate enough to get a snap."
By RNolan on Snapchat: shortlived pictures and stories for a real-life feel


"I have worked in companies whose Boards will do whatever it takes to maximise profits (and especially bonuses) by operating just within the law as interpreted by legal advice. In particularly deregulated areas and where the threat of sanction is minimal, they are often tempted to go beyond the law - the danger is most obvious in countries where corruption is rife."
By Humph on The blight at the core of banking goes beyond a few bad apples


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