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Sir Philip Green’s Arcadia Group falls into administration

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Demise of Topshop owner Arcadia puts the jobs of its 13,000 employees at risk

Unicredit chief executive Jean Pierre Mustier to step down

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Mustier said that his plans to transform the bank by 2023 were no longer in keeping with the board's ambitions

Government criticised for ‘rehashed’ Covid tiers analysis

MPs are set to vote on the government’s proposed new system of regional tiers on 1 December

Topshop-owner Arcadia files administration applications following emergency funding talks

Big Four firm Deloitte is set to be appointed as administrator to the stricken retail business

Woodford investors set for fourth round of payments from Link

Link Fund Solutions, which acted as authorised corporate director to Woodford's beleaguered Equity Income fund, has told investors that the latest round of payments will be made on or around 11 December

West Ham stadium owners sue Allen & Overy for £12m

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Case argues that the law firm's 'negligence' has led to a loss of around £7,000 per West Ham home game for the stadium owners

Billionaire Bill Ackman’s Pershing Square fund wins promotion to UK blue chip index

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Pershing Square hedged against a potential coronavirus market crash in February

Credit Suisse spied on more employees than it previously disclosed

As Swiss bank moves to recover from spying scandal, two prior instances of physical surveillance emerge

Covid-19 infections fall by 30% in England, major study reveals

'While infections have fallen across England and the spread has slowed, it is crucial we safeguard gains made and keep R below 1', authors warn

Goldman Sachs, Morgan Stanley win fee jackpot in $44bn S&P Global-IHS Markit deal

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The investment banks on the deal will share up to $185m in fees, a boon to M&A dealmakers as big transactions have become harder to come by throughout the Covid-19 pandemic

UBS names Mulderrig as debt syndication head in Europe

Ed Mulderrig will become head of debt syndicate for Europe, the Middle East and Africa, according to an internal memo seen by Financial News

How banks can play the ‘K’-shaped recovery

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We are in an unprecedented crisis, which means banks' usual ways of segmenting customers may not work

Here’s when vaccines will trigger global growth next year, says Goldman Sachs

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Analysts at the US investment bank examined vaccine-related data to forecast the speed of the roll-out in large advanced economies

ABN Amro to cut 2,500 jobs as part of strategic overhaul

Cuts to around 15% of jobs over the next few years as part of a broader plan to

HSBC names new wealth chief as Charlie Nunn takes helm at Lloyds Banking Group

Nuno Matos has been promoted to CEO of its wealth and personal banking unit

S&P Global close to over $40bn deal for IHS Markit

The deal would combine one of the oldest names in financial markets with a relative newcomer

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