Big banks plan to coin new digital currency

Group of major lenders seeks industry standard for settlements

Brexit hits commercial property deals

Business sector nervous but home sales hold steady

Corbyn claim on ‘ram-packed’ train disputed

Virgin releases CCTV pictures showing Labour leader ignored empty seats

UK funds hit by £5bn in outflows in July

Asset managers suffer worst redemptions in 3 years

$250 Fee for use 9th August 2016 8/9/16- Miami- Steven Thomas, Thomas Alexander & Forrester in Venice, California, representing Taylor Bean Whitaker in trial, with judge Jaqueline Hogan Scola in background. Taylor Bean Whitaker v. PricewaterhouseCoopers (PWC) trial in Judge Jaqueline Hogan Scola courtroom, Miami-Dade County Courthouse.

The lawyer calling big auditors to account

Steven Thomas’s pursuit of PwC has made him the go-to guy in auditor liability

AIG eyes sale of Lloyd’s-connected units

New York-based insurer in talks with Canadian pension fund

Apollo to pay $53m for misleading clients

SEC ramps up scrutiny of fees charged by private equity groups

Eurozone recovery weathers Brexit shock

Activity confounds expectations of sharp drop with 7-month high

Nigeria claims Boko Haram leader killing

Shekau ‘fatally wounded’ in air strike against militant group

NHS report fails to derail 7-day care plan

Leaked paper reveals DoH worries over staffing and budgets

Co-op Bank to hire BofA as adviser

UK lender to bring US bank on board over potential sale

Comment & Analysis

BoE’s corporate QE faces challenges

After an initial galvanising effect, the BoE’s corporate bond-buying now needs to sustain the impact

Sarkozy takes Islam stance for Elysee bid

Ex-president nudges race rival Alain Juppé on to slippery terrain

China Inc has sights beyond Liverpool

Country’s spending spree shows signs of picking up

Conversation starters: Comments from our readers

Andy Haldane's response shows the gulf that exists between what has become a new central bank orthodoxy and economic reality. QE is generating unprecedented distortions in financial markets and massive uncertainty, leading consumers, banks, and non-financial businesses to hold back. The opposite effect to what central banks claim they are achieving."
Hamlet on Pensions: Low yields, high stress

"I'm surprised that the experience of UK Sport vis-vis Olympics is regarded as so little relevant in other fields. After all, it seems to me to apply basic principles most businesses have learnt ie: set clear, measurable objectives; require detailed, costed plans to achieve them; assess progress, learn lessons from completion, and feed those learnings into the next round."
Paul G on Free Lunch: Olympian heights

Market-moving news and views, 24 hours a day

Sorry, Fast FT is unavailable at the moment