11:35am

Profits plummet at BES

Portuguese lender points to signs of recovery despite 84% profit decline

9:00pm

Bankers discuss curbing rating agencies

CFOs consider limiting flow of privileged information

8:23pm

Santander UK plays down Spanish risk

Local authorities row back on use of bank

7:38pm

Julius Baer reports rise in new money

Swiss bank faces high costs and pressure on margins

6:01pm

Intesa Sanpaolo reports 22% profit rise

Trading gains offset bad debt provision hike

From MARKETS 9:05am

More heavy selling takes FTSE under 5,400

Surprise fall in joblessness takes index off session lows

From WORLD 9:31pm

EU to push for binding investor pay votes

Barnier also eyes bank bonuses cap

From WORLD 9:31pm

Bankers focus on reform-minded French duo

From MARKETS 8:05pm

JPMorgan loss exposes derivatives dangers

Fears new rules could raise financing costs

From LEX 7:33pm

Japan’s megabanks: travel time

The lenders have ventured overseas before and suffered but another visit might be timely

From WORLD 4:28pm

South Sudan faces finance crunch

Loan from China far smaller than first announced

Markets Insight from MARKETS May 15, 2012

ECB’s dilemma on the euro rescue

Lack of good collateral is the biggest hindrance

May 15, 2012

Moody’s cuts ratings for 26 Italian banks

Problem loans and loan-loss provisions are rising

From MARKETS May 14, 2012

Brasília cheers the real’s decline

Finance minister says ‘no cause for concern’

Lombard from FINANCIAL SERVICES May 14, 2012

Subtraction of Plus to underline deficit

A broader worry is that investment in smaller companies is in irreversible decline

May 14, 2012

Dimon shakes up JPMorgan top team

Zames replaces Drew after $2bn trading loss

From MARKETS May 14, 2012

Faith fades in eurozone firewall

Greece and Spain hit markets and Italian banks downgraded

May 14, 2012

Lloyds chief picks final team member

Horta-Osório hires senior banker from Standard Chartered

From INSURANCE May 14, 2012

Buyout chief takes on Italian heavyweights

Matteo Arpe vies with Unipol for control of insurer Fondiaria-Sai

From MARKETS May 14, 2012

Greek fire could singe rest of euro

Unanswerable question is how far contagion would spread

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