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Barclays to set up business academy for training

Antony Jenkins Barclays

Barclays, which is facing allegations of fraud in the US, is setting up an academy with Cambridge Judge Business School where it will send all 2,100 of its compliance staff for specialised training by academics ranging from philosophers to lawyers.

Britain's economy forecast to stay on global A-list

Kingdom Of Great Britain

Forecasters have good news for those fearing that Britain faces a long, slow decline into economic mediocrity: the UK will still stand tall among the world's biggest economies in 2030, having overtaken France and even made progress on closing the gap with Germany.

Billionaire Richard Mellon Scaife dies at 82

Black

Richard Mellon Scaife, the billionaire heir to the Mellon banking and oil fortune and a newspaper publisher who funded libertarian and conservative causes and various projects to discredit President Bill Clinton, has died. He was 82.

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C Suisse said to face Italian money laundering probe

Milan prosecutors are investigating Credit Suisse on suspicion of money laundering and tax evasion over billions of euros of insurance policies sold Italian clients and used to shield funds from authorities, people with knowledge of the case said.